Sable Offshore Corp. | Mid-cap | Energy
$22.74
-2.19%
| Sable Offshore Stock Comparison:
Sable Offshore vs NobleSable Offshore vs TransoceanSable Offshore vs Patterson-UTI EnergySable Offshore vs Helmerich & PayneSable Offshore vs Seadrill LimitedSable Offshore vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2023

Income Metrics

Revenue 0
Operating Income -4.9M
Net Income -32.2M
EPS (Diluted) -$1.78

Balance Sheet Metrics

Total Assets 1.6B
Total Liabilities 1.2B
Shareholders Equity 384.2M
Debt to Equity 3.12

Cash Flow Metrics

Operating Cash Flow -30.6M
Free Cash Flow -3.8M

Revenue & Profitability Trend

Sable Offshore Income Statement From 2021 to 2023

Metric202320222021
Revenue000
Cost of Goods Sold---
Gross Profit---
Operating Expenses4.9M6.2M3.4M
Operating Income-4.9M-6.2M-1.7M
Pre-tax Income-31.3M-1.8M4.3M
Income Tax914.3K757.1K0
Net Income-32.2M-2.6M4.3M
EPS (Diluted)-$1.78-$0.07$0.14

Income Statement Trend

Sable Offshore Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets355.3M364.4K188.5K844.6K304.2K
Non-Current Assets1.2B63.6M290.7M287.6M0
Total Assets1.6B63.9M290.9M288.4M304.2K
Liabilities
Current Liabilities120.7M16.8M6.7M1.2M280.9K
Non-Current Liabilities1.1B39.2M12.1M12.6M0
Total Liabilities1.2B56.0M18.9M13.9M280.9K
Equity
Total Shareholders Equity384.2M7.9M272.0M274.6M23.3K

Balance Sheet Composition

Sable Offshore Cash Flow Statement From 2021 to 2023

Metric202320222021
Operating Activities
Net Income-32.2M-2.6M4.3M
Operating Cash Flow-30.6M-2.1M4.5M
Investing Activities
Capital Expenditures---
Investing Cash Flow231.6M786.9K-287.5M
Financing Activities
Dividends Paid---
Financing Cash Flow-227.6M705.0K283.2M
Free Cash Flow-3.8M-1.7M-2.0M

Cash Flow Trend

Sable Offshore Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -12.12
Forward P/E 9.21
Price to Book 6.74
PEG Ratio 9.21

Profitability Ratios

Profit Margin 0.00%
Operating Margin 0.00%
Return on Equity -200.53%
Return on Assets -6.54%

Financial Health

Current Ratio 1.67
Debt to Equity 310.93
Beta 0.68

Per Share Data

EPS (TTM) -$2.69
Book Value per Share $3.14
Revenue per Share $0.00

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
soc2.2B-12.126.74-200.53%0.00%310.93
Noble 4.6B9.430.9510.76%14.69%42.48
Transocean 2.5B-4.500.24-6.65%-18.79%65.11
Patterson-UTI Energy 2.3B52.000.68-24.84%-19.78%37.61
Helmerich & Payne 1.7B7.780.587.58%7.15%75.26
Seadrill Limited 1.7B5.000.5712.75%28.88%21.25

Financial data is updated regularly. All figures are in the company's reporting currency.