FY2025 · ended Dec 31, 2025 · Revenue $0 · Filed Feb 27, 2026
Sable Offshore Corp. (SOC) files with the SEC under industry code 1311, Crude Petroleum & Natural Gas. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $0 and a net loss of $410.2 million. Free cash flow was -$769.3 million. As of Jun 30, 2026 it held $21.6 million in cash and investments and $1.2 billion in total debt.
Revenue (TTM)
$138.40M
Net income (TTM)
$-433.79M
Operating cash flow (TTM)
$-281.56M
Free cash flow (TTM)
$-558.76M
EPS (TTM)
$-3.38
Dividend per share
None
Shares outstanding
147.24M
+64.7% vs prior year
Net cash
$-1.18B
as of Jun 30, 2026
Operating margin
-292.8%
FY 2026
Company profile
- Industry
- Crude Petroleum & Natural Gas (SIC 1311)
- Listed as
- SOC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1831481
- Former names
- Flame Acquisition Corp. (until Feb 14, 2024)
Other Crude Petroleum & Natural Gas companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | — | — | — |
| Operating income | -$408.3M | -$326.8M | -$94.5M | -$6.2M | -$1.7M |
| Net income | -$410.2M | -$617.3M | -$93.7M | -$2.6M | $4.3M |
| Diluted EPS | -$4.18 | -$9.21 | — | — | — |
| Operating cash flow | -$351.7M | -$163.0M | -$70.1M | -$1.7M | -$2.0M |
| Free cash flow | -$769.3M | -$235.3M | — | — | — |
| Total assets | $1.7B | $1.6B | $711.6M | $290.9M | $288.4M |
| Total liabilities | $1.2B | $1.2B | $372.6M | $18.9M | $13.9M |
| Stockholders' equity | $534.3M | $384.2M | $339.0M | -$18.3M | -$12.9M |
| Cash and investments | $97.7M | $300.4M | $0 | $290.8M | $287.8M |
| Total debt | $942.7M | $851.4M | — | — | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Sep 29, 2026 | Sep 28, 2026 |
| 8-K |
Current report
Other events
|
Aug 24, 2026 | Aug 19, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 10, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Auditor change
|
Jul 13, 2026 | Jul 10, 2026 |
| 8-K |
Current report
Material agreement, New debt, Regulation FD disclosure
|
Jul 2, 2026 | Jun 30, 2026 |
All 380 Sable Offshore Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.