Sable Offshore (SOC) Accounts Payables (2023 - 2026)
Sable Offshore (SOC) reported Accounts Payables of $117.3 million for Q1 2026, down 19.59% on a YoY basis from $145.9 million in Q1 2025, and up 18.09% quarter-over-quarter from $99.4 million in Q4 2025.
Sable Offshore (SOC) Accounts Payables (2023 - 2026) Analysis & Trends
Sable Offshore has reported Accounts Payables for 4 years, with the latest figure at $117.3 million in Q1 2026.
- For the quarter ending Q1 2026, Accounts Payables fell 19.59% year-over-year to $117.3 million; the trailing twelve-month figure through Mar 2026 stood at $117.3 million (down 19.59% YoY), and the FY2025 full-year result was $99.4 million, down 17.04% from the prior year.
- Accounts Payables for Q1 2026 stood at $117.3 million, up from $99.4 million in the prior quarter.
- The five-year high for Accounts Payables was $185.8 million in Q2 2025, with the low at $5.4 million in Q4 2023.
- Historically, Accounts Payables has averaged $110.0 million across 4 years, with a median of $117.3 million in 2026.
- Annual changes were most pronounced in 2024 — Accounts Payables soared 2124.24% — and 2026, when it dropped 19.59%.
- Sable Offshore's Accounts Payables stood at $5.4 million in 2023, then soared by 2124.24% to $119.8 million in 2024, then retreated by 17.04% to $99.4 million in 2025, then climbed by 18.09% to $117.3 million in 2026.
- The last three Accounts Payables figures came in at $117.3 million (Q1 2026), $99.4 million (Q4 2025), and $163.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 201.58 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 307.60 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 229.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 442.42 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 177.21 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 80.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 117.32 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 322.84 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 43.50 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 398.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 117.32 Mn |
| Dec 31, 2025 | 99.35 Mn |
| Sep 30, 2025 | 163.70 Mn |
| Jun 30, 2025 | 185.77 Mn |
| Mar 31, 2025 | 145.90 Mn |
| Dec 31, 2024 | 119.75 Mn |
| Sep 30, 2024 | 95.60 Mn |
| Jun 30, 2024 | 57.65 Mn |
| Dec 31, 2023 | 5.38 Mn |