Growth Metrics

Sable Offshore (SOC) Capital Expenditures (2024 - 2026)

Sable Offshore posted quarterly Capital Expenditures of $21.0 million for Q1 2026, down 66.75% year-on-year from $63.3 million in Q1 2025, and down 77.73% on a QoQ basis from $94.5 million in Q4 2025.

Sable Offshore (SOC) has 3 years of Capital Expenditures data on file, last reported at $21.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 66.75% year-over-year to $21.0 million; the trailing twelve-month figure through Mar 2026 stood at $375.4 million (up 176.81% YoY), and the FY2025 full-year result was $417.6 million, up 477.61% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $21.0 million, down from $94.5 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $130.1 million in Q3 2025 and bottomed at $4.1 million in Q2 2024.
  • The 3-year median for Capital Expenditures is $58.5 million (2024), against an average of $63.9 million.
  • The widest annual swing landed in 2025, when Capital Expenditures jumped 3039.14%; it then tumbled 66.75% in 2026.
  • A 3-year view of Capital Expenditures shows it stood at $53.7 million in 2024, then surged by 75.94% to $94.5 million in 2025, then tumbled by 77.73% to $21.0 million in 2026.
  • The last three Capital Expenditures figures came in at $21.0 million (Q1 2026), $94.5 million (Q4 2025), and $130.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn -47.40 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 103.85 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 28.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 116.63 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 62.86 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 13.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 21.05 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 164.95 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -200,000.00

Historic Data

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DateValue
Mar 31, 2026 21.05 Mn
Mar 31, 2026 21.05 Mn
Dec 31, 2025 94.53 Mn
Dec 31, 2025 94.53 Mn
Sep 30, 2025 130.11 Mn
Sep 30, 2025 130.11 Mn
Jun 30, 2025 129.68 Mn
Jun 30, 2025 129.68 Mn
Mar 31, 2025 63.30 Mn
Mar 31, 2025 63.30 Mn
Dec 31, 2024 53.73 Mn
Dec 31, 2024 53.73 Mn
Sep 30, 2024 14.44 Mn
Sep 30, 2024 14.44 Mn
Jun 30, 2024 4.13 Mn
Jun 30, 2024 4.13 Mn