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

Sable Offshore (SOC) reported Capital Expenditures of $21.0 million for Q1 2026, down 66.75% on a YoY basis from $63.3 million in Q1 2025, and down 77.73% quarter-over-quarter from $94.5 million in Q4 2025.

Sable Offshore (SOC) Capital Expenditures (2024 - 2026) Analysis & Trends

Sable Offshore has reported Capital Expenditures for 3 years, with the latest figure 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.
  • The five-year high for Capital Expenditures was $130.1 million in Q3 2025, with the low at $4.1 million in Q2 2024.
  • Historically, Capital Expenditures has averaged $63.9 million across 3 years, with a median of $58.5 million in 2024.
  • Annual changes were most pronounced in 2025 — Capital Expenditures jumped 3039.14% — and 2026, when it sank 66.75%.
  • Sable Offshore's Capital Expenditures stood at $53.7 million in 2024, then jumped by 75.94% to $94.5 million in 2025, then plunged 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 156.90 Bn 156.84 Bn 120.82 Mn -47.40 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 103.85 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 28.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 116.63 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 62.86 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 13.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 21.05 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 164.95 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -300,000.00
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 100.90 Mn

Historic Data

Download Data
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