Is Sable Offshore Corp. (SOC) a Buy, Sell, or Hold?
NYSE : SOC
Sable Offshore Corp. — Financials
$5.09 USD
$0.34 (7.16%)
- Volume
- 5.91M
- Average Volume
- 7.53M
- Market Capitalization
- $749.47M
- P/E Ratio
- -1.48
- Dividend Yield
- 0.00%
- Price Target
- $16.50
- Year High
- $29.86
- Year Low
- $2.88
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.24
SOC Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - |
| costOfRevenue | 14.51M | 13.43M | 21.02M | - | - | - |
| grossProfit | -14.51M | -13.43M | -21.02M | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 176.2M | - | 12.76M | - | 1.68M | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 176.2M | 324.98M | 12.76M | - | 1.68M | - |
| otherExpenses | 217.58M | - | 60.69M | 6.15M | - | - |
| operatingExpenses | 393.77M | 324.98M | 73.46M | 6.15M | 1.68M | - |
| costAndExpenses | 408.28M | 338.41M | 94.47M | 6.15M | 1.68M | - |
| netInterestIncome | -88.24M | -67.31M | 4.42M | 3.99M | 16153 | - |
| interestIncome | - | - | 4.42M | 3.99M | 16153 | - |
| interestExpense | 88.24M | 67.31M | - | - | - | - |
| depreciationAndAmortization | 12.89M | 13.43M | 21.02M | - | - | - |
| ebitda | -297.36M | -548.37M | -72.66M | -1.83M | 4.27M | -1660 |
| ebit | -310.25M | -561.8M | -93.67M | -1.83M | 4.27M | -1660 |
| nonOperatingIncomeExcludingInterest | -98.04M | 223.39M | -801K | -4.32M | -5.96M | 1660 |
| operatingIncome | -408.28M | -338.41M | -94.47M | -6.15M | -1.68M | - |
| totalOtherIncomeExpensesNet | 9.79M | -290.7M | 801K | 4.32M | 5.96M | -1657 |
| incomeBeforeTax | -398.49M | -629.12M | -93.67M | -1.83M | 4.27M | -1657 |
| incomeTaxExpense | 11.67M | -48000 | - | 757.07K | - | - |
| netIncomeFromContinuingOperations | -410.16M | -629.07M | -93.67M | -2.59M | 4.27M | -1657 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | -410.16M | -629.07M | -93.67M | -2.59M | 4.27M | -1657 |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | -410.16M | -629.07M | -93.67M | -2.59M | 4.27M | -1657 |
| eps | -4.18 | -7.04 | -2.11 | -0.07 | 0.12 | -0.0 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 97.68M | 300.38M | 267.82K | 100.26K | 322.77K | 9014 |
| shortTermInvestments | - | - | - | - | - | - |
| cashAndShortTermInvestments | 97.68M | 300.38M | 267.82K | 100.26K | 322.77K | 9014 |
| netReceivables | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - |
| inventory | 12.08M | 15.34M | 16.21M | - | - | - |
| prepaids | - | 4.17M | 96601 | 88212 | 521.88K | - |
| otherCurrentAssets | 25.94M | 35.39M | -96601 | - | - | 295.21K |
| totalCurrentAssets | 135.7M | 355.28M | 16.21M | 188.47K | 844.65K | 304.22K |
| propertyPlantEquipmentNet | - | 1.21B | 688.96M | - | - | - |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | - | - | - | 290.72M | 287.52M | - |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.61B | 16.21M | 6.4M | 290.72M | 78630 | - |
| totalNonCurrentAssets | 1.61B | 1.23B | 695.37M | 290.72M | 287.59M | - |
| otherAssets | - | - | - | - | - | - |
| totalAssets | 1.74B | 1.58B | 711.58M | 290.91M | 288.44M | 304.22K |
| totalPayables | 25.24M | 16.81M | 14.6M | 1.99M | 275.5K | 237.25K |
| accountPayables | 25.24M | 16.81M | 3.24M | 1.66M | 275.5K | 237.25K |
| otherPayables | - | - | 11.37M | 330.15K | - | - |
| accruedExpenses | 74.11M | 67.91M | 2.15M | - | - | - |
| shortTermDebt | 921.58M | - | 7.51M | 1.78M | 956.12K | 43626 |
| capitalLeaseObligationsCurrent | 2.49M | 918K | 1.15M | - | - | - |
| taxPayables | - | - | 2.31M | 330.15K | - | - |
| deferredRevenue | - | - | - | -4.3M | - | - |
| otherCurrentLiabilities | - | 35.04M | -7.51M | 7.26M | - | - |
| totalCurrentLiabilities | 1.02B | 120.67M | 17.9M | 6.74M | 1.23M | 280.88K |
| longTermDebt | - | 833.54M | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 19.34M | 16.99M | 5.52M | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 12.83M | - | - | - | - | - |
| otherNonCurrentLiabilities | 150.92M | 227.79M | 349.14M | 12.15M | 12.65M | - |
| totalNonCurrentLiabilities | 183.09M | 1.08B | 354.66M | 12.15M | 12.65M | - |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | 21.83M | 17.91M | 6.67M | - | - | - |
| totalLiabilities | 1.21B | 1.2B | 372.56M | 18.89M | 13.88M | 280.88K |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 15000 | 8000 | 63.52M | 290.35M | 287.5M | 719 |
| retainedEarnings | -1.11B | -698.3M | -55.58M | -18.33M | -12.94M | -1657 |
| additionalPaidInCapital | 1.64B | 1.08B | - | - | - | 24281 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| netIncome | -410.16M | -629.07M | -32.18M | -2.59M | 4.27M | -1657 |
| depreciationAndAmortization | 14.51M | 13.43M | - | - | - | - |
| deferredIncomeTax | 11.67M | -48000 | - | - | - | - |
| stockBasedCompensation | 42.68M | - | - | - | - | - |
| changeInWorkingCapital | -9.44M | 38.91M | 1.99M | 5.19M | -325.01K | 1120 |
| accountsReceivables | - | - | - | - | - | - |
| inventory | -5.67M | 7.26M | - | - | - | - |
| accountsPayables | 3.78M | 46.05M | 2.33M | 4.35M | 275.5K | - |
| otherWorkingCapital | -7.54M | -14.4M | -338.54K | 842.45K | -600.51K | 1120 |
| otherNonCashItems | -958K | 389.7M | 26.35M | -4.32M | -5.96M | - |
| netCashProvidedByOperatingActivities | -351.7M | -187.08M | -3.84M | -1.71M | -2.01M | -537 |
| investmentsInPropertyPlantAndEquipment | -417.62M | -72.3M | - | - | - | - |
| acquisitionsNet | - | -203.94M | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - |
| otherInvestingActivities | - | - | 231.58M | 786.92K | -287.5M | - |
| netCashProvidedByInvestingActivities | -417.62M | -276.25M | 231.58M | 786.92K | -287.5M | - |
| netDebtIssuance | - | -19.88M | 2.56M | 705K | 1.12M | 43626 |
| longTermNetDebtIssuance | - | -19.88M | - | - | 1.12M | - |
| shortTermNetDebtIssuance | - | - | 2.56M | 705K | - | 43626 |
| netStockIssuance | 531.24M | 765.64M | -230.13M | - | 281.75M | -34075 |
| netCommonStockIssuance | 531.24M | 765.64M | -230.13M | - | 281.75M | -34075 |
| commonStockIssuance | 531.24M | 765.64M | - | - | 281.75M | -34075 |
| commonStockRepurchased | - | - | -230.13M | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | - | 6.95M | - |
| netCashProvidedByFinancingActivities | 531.24M | 745.76M | -227.56M | 705K | 289.82M | 9551 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 137.12M | 1.27M | - | - | - | - | - | - | - | - |
| costOfRevenue | - | 68.03M | 4.65M | 3.26M | 3.17M | 3.43M | 2.88M | 2.76M | 2.72M | 4M |
| grossProfit | - | -66.76M | -4.65M | -3.26M | -3.17M | -3.43M | -2.88M | -2.76M | -2.72M | -4M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 58.52M | 48.05M | 41.83M | 36.72M | 75.32M | 22.33M | 47.89M | 26.22M | 33.22M | 135.36M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 58.52M | 48.05M | 41.83M | 36.72M | 75.32M | 22.33M | 47.89M | 26.22M | 33.22M | 135.36M |
| otherExpenses | 145.5M | 3.94M | 53.74M | 79.4M | 50.4M | 34.04M | - | 25.63M | 26.29M | 31.44M |
| operatingExpenses | 204.02M | 51.99M | 95.56M | 116.12M | 125.72M | 56.37M | 47.89M | 51.85M | 59.51M | 166.8M |
| costAndExpenses | - | 120.02M | 100.22M | 119.38M | 128.89M | 59.8M | 50.76M | 54.61M | 62.24M | 170.8M |
| netInterestIncome | - | -34.12M | -25.22M | -21.01M | -21.01M | -21.01M | 38.34M | -19.17M | -19.18M | -67.31M |
| interestIncome | - | - | - | - | - | - | -9801 | - | - | - |
| interestExpense | 43.07M | 34.12M | 25.22M | 21.01M | 21.01M | 21.01M | -38.34M | 19.17M | 19.18M | 67.31M |
| depreciationAndAmortization | 32.02M | 4.31M | 2.2M | 3.68M | 3.59M | 3.43M | 2.88M | 2.76M | 2.72M | 4M |
| ebitda | 37.85M | -158.05M | -48.42M | -79.06M | -95.65M | -74.22M | -13.6M | -232.78M | -138.39M | -164.67M |
| ebit | - | -162.36M | -50.62M | -82.74M | -99.23M | -77.65M | -16.48M | -235.54M | -141.11M | -168.67M |
| nonOperatingIncomeExcludingInterest | - | 43.6M | -49.59M | -36.64M | -29.65M | 17.86M | -34.28M | 180.93M | 78.88M | -2.13M |
| operatingIncome | -66.89M | -118.75M | -100.22M | -119.38M | -128.89M | -59.8M | -50.76M | -54.61M | -62.24M | -170.8M |
| totalOtherIncomeExpensesNet | 29.66M | -78.27M | 24.38M | 15.64M | 8.64M | -38.86M | 15.11M | -200.1M | -98.05M | -7.67M |
| incomeBeforeTax | -37.24M | -197.03M | -75.84M | -103.75M | -120.24M | -98.66M | -35.65M | -254.7M | -160.29M | -178.47M |
| incomeTaxExpense | 26.98M | - | -13.66M | 6.63M | 7.82M | 10.88M | -19.48M | 865K | 5.15M | 13.42M |
| netIncomeFromContinuingOperations | -64.22M | -197.03M | -62.17M | -110.38M | -128.07M | -109.54M | -16.17M | -255.57M | -165.44M | -191.89M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -64.22M | -197.03M | -62.17M | -110.38M | -128.07M | -109.54M | -16.17M | -255.57M | -165.44M | -191.89M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -64.22M | -197.03M | -62.17M | -110.38M | -128.07M | -109.54M | -16.17M | -255.57M | -165.44M | -191.89M |
| eps | -0.42 | -1.37 | -0.43 | -1.21 | -1.4 | -1.3 | -0.18 | -4.11 | -2.75 | -3.19 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 21.6M | 52.17M | 97.68M | 41.63M | 247.14M | 188.99M | 300.38M | 288.23M | 112.07M | 209.1M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 21.6M | 52.17M | 97.68M | 41.63M | 247.14M | 188.99M | 300.38M | 288.23M | 112.07M | 209.1M |
| netReceivables | 50.12M | 1.54M | - | - | - | - | - | - | - | - |
| accountsReceivables | - | 1.54M | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | 11.56M | 6.31M | 26.74M | 25.07M | 20.49M | 15.08M | 15.34M | 15.84M | 16.58M | 16.64M |
| prepaids | - | - | - | - | 4.98M | 5.49M | 4.17M | 4.83M | 3.35M | 3.4M |
| otherCurrentAssets | 24.08M | 25M | 11.28M | 11.32M | 35.63M | 35.51M | 35.39M | 40.08M | 35.1M | - |
| totalCurrentAssets | 107.35M | 85.01M | 135.7M | 78.02M | 308.24M | 245.07M | 355.28M | 344.15M | 167.09M | 229.14M |
| propertyPlantEquipmentNet | - | - | 1.56B | 1.53B | 1.43B | 1.28B | 1.21B | 1.11B | 1.07B | 1.06B |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.65B | 1.64B | 44.07M | 39.08M | 36.76M | 34.49M | 16.21M | 17.68M | 5.5M | 5.82M |
| totalNonCurrentAssets | 1.65B | 1.64B | 1.61B | 1.57B | 1.46B | 1.32B | 1.23B | 1.13B | 1.07B | 1.07B |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 1.76B | 1.73B | 1.74B | 1.65B | 1.77B | 1.56B | 1.58B | 1.47B | 1.24B | 1.3B |
| totalPayables | - | 37.66M | 25.24M | 53.33M | 97.16M | 91.25M | 16.81M | 60.07M | 4.76M | 77.98M |
| accountPayables | - | 37.66M | 25.24M | 53.33M | 62.16M | 56.09M | 16.81M | 22.76M | 4.76M | 77.98M |
| otherPayables | - | - | - | - | 35M | 35.16M | - | 37.31M | - | - |
| accruedExpenses | - | 79.67M | 74.11M | 110.37M | 88.61M | 54.66M | 67.91M | 37.84M | 20.1M | 6.93M |
| shortTermDebt | - | 956.25M | 921.58M | 896.57M | 875.56M | - | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | 2.49M | 1.43M | 1.11M | 1.03M | 918K | - | - | - |
| taxPayables | - | - | - | - | - | - | - | 2.31M | 2.31M | 2.31M |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 446.36M | 4.23M | - | - | - | - | 35.04M | 361K | 36.4M | -3.16M |
| totalCurrentLiabilities | 446.36M | 1.08B | 1.02B | 1.06B | 1.06B | 146.93M | 120.67M | 98.27M | 61.26M | 81.76M |
| longTermDebt | - | - | - | - | - | 854.55M | 833.54M | 814.42M | 790.38M | 771.2M |
| capitalLeaseObligationsNonCurrent | - | - | 19.34M | 18.5M | 17.51M | 17.2M | 16.99M | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 39.81M | 12.83M | 12.83M | 26.5M | 19.87M | 12.04M | - | 20.65M | 19.78M | 14.63M |
| otherNonCurrentLiabilities | 880.47M | 217.38M | 150.92M | 194.86M | 226.6M | 250.76M | 227.79M | 372.3M | 247.45M | 163.64M |
| totalNonCurrentLiabilities | 920.28M | 230.21M | 183.09M | 239.85M | 263.97M | 1.13B | 1.08B | 1.21B | 1.06B | 949.47M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | 21.83M | 19.92M | 18.62M | 18.23M | 17.91M | - | - | - |
| totalLiabilities | 1.37B | 1.31B | 1.21B | 1.3B | 1.33B | 1.28B | 1.2B | 1.31B | 1.12B | 1.03B |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 16000 | 16000 | 15000 | 10000 | 10000 | 8000 | 8000 | 7000 | 6000 | 6000 |
| retainedEarnings | -1.37B | -1.31B | -1.11B | -1.05B | -935.91M | -807.84M | -698.3M | -682.13M | -426.56M | -261.12M |
| additionalPaidInCapital | - | 1.73B | 1.64B | 1.39B | 1.38B | 1.09B | 1.08B | 849.62M | 548.6M | 525.7M |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -64.22M | -197.03M | -62.17M | -110.38M | -128.07M | -109.54M | -16.17M | -255.57M | -165.44K | -191.89K |
| depreciationAndAmortization | 32.38M | 4.31M | 3.82M | 3.68M | 3.59M | 3.43M | 2.88M | 2.76M | 2.72M | 4273 |
| deferredIncomeTax | 26.98M | - | -13.66M | 6.63M | 7.82M | 10.88M | -19.48M | 865K | 5.15M | - |
| stockBasedCompensation | 15.35M | - | 12.66M | 13.52M | 10.43M | 6.06M | - | - | 22.9M | 46380 |
| changeInWorkingCapital | - | 16.64M | -15.46M | -10.27M | 17.35M | -1.07M | -340K | 1.24M | -23.44M | 61.45M |
| accountsReceivables | -48.57M | -1.54M | - | - | - | - | - | - | - | - |
| inventory | -3.86M | -2.93M | -911K | -1.3M | -3.72M | 257K | 477K | 740K | 58000 | 5.98M |
| accountsPayables | 78.03M | 20.22M | -16.92M | -1.74M | 21.16M | 1.27M | -579K | 1.42M | -23.88M | 69.08M |
| otherWorkingCapital | - | 892K | 2.38M | -7.23M | -95000 | -2.6M | -238K | -921K | 382K | -13.62M |
| otherNonCashItems | -1.08M | 93.65M | -23.32M | -13.81M | -6.14M | 42.3M | -4.42M | 219.02M | -64.92M | -121.41M |
| netCashProvidedByOperatingActivities | 9.42M | -82.43M | -98.13M | -110.63M | -95.01M | -47.94M | -37.54M | -31.69M | -57.74M | -60.11M |
| investmentsInPropertyPlantAndEquipment | - | -21.05M | -94.53M | -130.11M | -129.68M | -63.3M | -53.73M | -14.44M | -4131 | - |
| acquisitionsNet | - | - | - | - | - | - | 209K | -204.15M | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | -31.51M | - | - | - | - | - | - | 204.15M | -4.19M | -204.09M |
| netCashProvidedByInvestingActivities | -31.51M | -21.05M | -94.53M | -130.11M | -129.68M | -63.3M | -53.52M | -14.44M | -4.19M | -204.09M |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | -18.75M |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | -18.75M |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | 57.96M | 250M | - | 282.97M | -36000 | 103.34M | 222.45M | - | 439.84M |
| netCommonStockIssuance | - | 57.96M | 250M | - | 282.97M | -36000 | 103.34M | 222.45M | - | 439.84M |
| commonStockIssuance | - | 57.96M | 250M | - | 282.97M | -36000 | 103.34M | 222.45M | - | 439.84M |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -8.48M | - | -1.29M | -409K | - | - | - | - | - | -1.13M |
| netCashProvidedByFinancingActivities | -8.48M | 57.96M | 248.71M | -409K | 282.97M | -36000 | 103.34M | 222.45M | - | 419.97M |