Sable Offshore (SOC) Change in Accured Expenses (2021 - 2026)
Sable Offshore's (SOC) quarterly Change in Accured Expenses came in at $20.2 million in Q1 2026, up 1491.19% YoY from $1.3 million in Q1 2025, and up 219.51% on a QoQ basis from -$16.9 million in Q4 2025.
Sable Offshore (SOC) Change in Accured Expenses (2021 - 2026) Analysis & Trends
Sable Offshore (SOC) has 6 years of Change in Accured Expenses data on file, last reported at $20.2 million in Q1 2026.
- Quarterly Change in Accured Expenses rose 1491.19% year-over-year to $20.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $22.7 million (up 204.42% YoY) and the FY2025 annual result came in at $3.8 million, down 93.01% from the prior year.
- Change in Accured Expenses improved to $20.2 million in Q1 2026, from -$16.9 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $77.0 million in Q1 2024 to a low of -$23.9 million in Q2 2024.
- A 5-year average of $4.6 million and a median of -$12029.0 in 2022 frame the typical range for Change in Accured Expenses.
- Annual changes were most pronounced in 2022 — Change in Accured Expenses surged 6452.64% — and 2023, when it slumped 16410.1%.
- Tracing SOC's Change in Accured Expenses over 5 years: stood at $3.5 million in 2022, then plunged by 148.22% to -$1.7 million in 2023, then soared by 66.06% to -$579000.0 in 2024, then slumped by 2822.8% to -$16.9 million in 2025, then jumped by 219.51% to $20.2 million in 2026.
- The last three Change in Accured Expenses figures came in at $20.2 million (Q1 2026), -$16.9 million (Q4 2025), and -$1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -8.62 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 36.06 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | -12.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -58.80 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 17.06 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | - |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 78.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.03 Mn |
| Jun 30, 2026 | 78.03 Mn |
| Mar 31, 2026 | 20.22 Mn |
| Mar 31, 2026 | 20.22 Mn |
| Dec 31, 2025 | -16.92 Mn |
| Dec 31, 2025 | -16.92 Mn |
| Sep 30, 2025 | -1.74 Mn |
| Sep 30, 2025 | -1.74 Mn |
| Jun 30, 2025 | 21.16 Mn |
| Jun 30, 2025 | 21.16 Mn |
| Mar 31, 2025 | 1.27 Mn |
| Mar 31, 2025 | 1.27 Mn |
| Dec 31, 2024 | -579,000.00 |
| Dec 31, 2024 | -579,000.00 |
| Sep 30, 2024 | 1.42 Mn |
| Sep 30, 2024 | 1.42 Mn |
| Jun 30, 2024 | -23.88 Mn |
| Jun 30, 2024 | -23.88 Mn |
| Mar 31, 2024 | 77.01 Mn |
| Mar 31, 2024 | 77.01 Mn |