Sable Offshore (SOC) Capital Expenditures (2024 - 2026)
Sable Offshore's (SOC) quarterly Capital Expenditures came in at $31.5 million in Q2 2026, down 75.7% on a YoY basis from $129.7 million in Q2 2025, and up 49.69% quarter-over-quarter from $21.0 million in Q1 2026.
Analysis
Sable Offshore (SOC) Capital Expenditures (2024 - 2026) Analysis & Trends
Sable Offshore (SOC) has reported Capital Expenditures for 3 consecutive years, with $31.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 75.7% year-over-year to $31.5 million; the trailing twelve-month figure through Jun 2026 stood at $277.2 million (up 6.15% YoY), and the FY2025 full-year result was $417.6 million, up 477.61% from the prior year.
- Capital Expenditures advanced to $31.5 million in Q2 2026 per SOC's latest filing, from $21.0 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.
- Historically, Capital Expenditures has averaged $60.3 million across 3 years, with a median of $53.7 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Capital Expenditures surged 3039.14% in 2025, then tumbled 75.7% in 2026.
- Over 3 years, Capital Expenditures stood at $53.7 million in 2024, then soared by 75.94% to $94.5 million in 2025, then plunged by 66.67% to $31.5 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $31.5 million, $21.0 million, and $94.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 419.31 Bn | 410.78 Bn | 33.45 Bn | 4.54 Bn |
| 2 | Shell | 281.29 Bn | 240.42 Bn | 30.13 Bn | -4.24 Bn |
| 3 | TotalEnergies SE | 233.12 Bn | 201.40 Bn | 23.46 Bn | -4.23 Bn |
| 4 | Eni Spa | 170.29 Bn | 154.72 Bn | - | -2.37 Bn |
| 5 | Equinor Asa | 117.04 Bn | 107.71 Bn | - | 2.87 Bn |
| 6 | Phillips 66 | 103.69 Bn | 99.59 Bn | 8.38 Bn | 726.00 Mn |
| 7 | Suncor Energy | 83.99 Bn | 78.62 Bn | 17.50 Bn | 1.35 Bn |
| 8 | Imperial Oil | 63.29 Bn | 61.24 Bn | - | 383.15 Mn |
| 9 | Cenovus Energy | 60.35 Bn | 58.39 Bn | 7.32 Bn | - |
| 10 | Sable Offshore | 756.61 Mn | 735.01 Mn | - | 31.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.51 Mn |
| Mar 31, 2026 | 21.05 Mn |
| Dec 31, 2025 | 94.53 Mn |
| Sep 30, 2025 | 130.11 Mn |
| Jun 30, 2025 | 129.68 Mn |
| Mar 31, 2025 | 63.30 Mn |
| Dec 31, 2024 | 53.73 Mn |
| Sep 30, 2024 | 14.44 Mn |
| Jun 30, 2024 | 4.13 Mn |