Sable Offshore (SOC) Capital Expenditures (2024 - 2026)
Sable Offshore's (SOC) quarterly Capital Expenditures came in at $21.0 million in Q1 2026, down 66.75% YoY 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) Capital Expenditures (2024 - 2026) Analysis & Trends
Sable Offshore (SOC) has 3 years of Capital Expenditures data on file, last reported at $21.0 million in Q1 2026.
- Quarterly Capital Expenditures fell 66.75% year-over-year to $21.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $375.4 million (up 176.81% YoY) and the FY2025 annual result came in at $417.6 million, up 477.61% from the prior year.
- Capital Expenditures fell to $21.0 million in Q1 2026, from $94.5 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $130.1 million in Q3 2025 to a low of $4.1 million in Q2 2024.
- A 3-year average of $63.9 million and a median of $58.5 million in 2024 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2025 — Capital Expenditures jumped 3039.14% — and 2026, when it sank 66.75%.
- Tracing SOC's Capital Expenditures over 3 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 204.53 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 24.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 155.92 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 69.77 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 25.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 8.30 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 125.61 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | -55.21 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 105.50 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 31.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.51 Mn |
| Jun 30, 2026 | 31.51 Mn |
| 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 |