SOC · Sable Offshore Corp. · Financials
The latest filing states the doubt was alleviated.
“In connection with the preparation of its unaudited condensed consolidated financial statements as of and for the three months ended March 31, 2026, management evaluated the Company's ability to continue as a going concern in accordance with ASC 205-40, Presentation of Financial Statements — Going Concern, and concluded that substantial doubt existed regarding the Company's ability to continue as a going concern within one year of the date such financial statements were issued, due to the Company's then current debt maturity profile and related liquidity considerations. On July 2, 2026, the Company completed the 2026 Refinancing Transactions, which extended the maturity of the Company's debt obligations and improved its liquidity position. As a result, management re-evaluated the Company's ability to continue as a going concern and concluded that the conditions and events that previously raised substantial doubt had been alleviated. Accordingly, substantial doubt regarding the Company's ability to continue as a going concern no longer exists as of the issuance date of the unaudited condensed consolidated financial statements contained in this Quarterly Report, which have been prepared on a basis that assumes the Company will continue as a going concern.”View the 10-Q filed Aug 10, 2026
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Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| $138.4M | $0 | $0 | — | — | — | |
| $185.12M | $176.2M | $12.76M | — | — | — | |
| $42.66M | $12.89M | $21.02M | — | — | — | |
| $543.64M | $408.28M | $94.47M | — | — | — | |
| -$405.25M | -$408.28M | -$94.47M | -$6.15M | -$1.68M | — | |
| -$362.59M | -$395.4M | -$73.46M | — | — | — | |
| $123.96M | $88.25M | $0 | — | — | — | |
| — | — | $4.42M | $3.99M | $16.15K | — | |
| -$8.61M | $9.79M | $801K | $4.32M | $5.96M | — | |
| -$413.85M | -$398.49M | -$93.67M | -$1.83M | $4.27M | — | |
| $19.94M | $11.67M | $0 | $757.07K | $0 | $0 | |
| -$433.79M | -$410.16M | -$93.67M | -$2.59M | $4.27M | — | |
| USD/shares | -$3.27 | -$4.18 | — | — | — | — |
| USD/shares | -$3.27 | -$4.18 | — | — | — | — |
| shares | — | 98.18M | — | — | — | — |
| shares | — | 98.18M | — | — | — | — |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2022–FY2023: $230.13M in buybacks.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Read debt and covenant terms in your AI or your code through MCP and the API →Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Noncurrent debt carrying amount | 2026-06-30 | USD 732,087,000 | 10-Q filed 2026-08-10 |
| Short-term borrowings | 2026-06-30 | USD 236,749,000 | 10-Q filed 2026-08-10 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 4 similar-size Oil & Gas Drilling companies (of 9 listed).