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| Date | Value |
|---|---|
| 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 |