Sable Offshore (SOC) Current Assets (2020 - 2026)
Sable Offshore's (SOC) quarterly Current Assets came in at $85.0 million in Q1 2026, down 65.31% YoY from $245.1 million in Q1 2025, and down 37.35% on a QoQ basis from $135.7 million in Q4 2025.
Sable Offshore (SOC) Current Assets (2020 - 2026) Analysis & Trends
Sable Offshore (SOC) has 7 years of Current Assets data on file, last reported at $85.0 million in Q1 2026.
- Quarterly Current Assets fell 65.31% year-over-year to $85.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $85.0 million (down 65.31% YoY) and the FY2025 annual result came in at $135.7 million, down 61.8% from the prior year.
- Current Assets fell to $85.0 million in Q1 2026, from $135.7 million in the prior quarter.
- In the past five years, Current Assets ranged from a high of $355.3 million in Q4 2024 to a low of $188468.0 in Q4 2022.
- A 5-year average of $115.7 million and a median of $78.0 million in 2025 frame the typical range for Current Assets.
- Annual changes were most pronounced in 2022 — Current Assets plunged 77.69% — and 2024, when it jumped 70802.34%.
- Tracing SOC's Current Assets over 5 years: stood at $188468.0 in 2022, then surged by 8502.52% to $16.2 million in 2023, then jumped by 2091.3% to $355.3 million in 2024, then tumbled by 61.8% to $135.7 million in 2025, then tumbled by 37.35% to $85.0 million in 2026.
- The last three Current Assets figures came in at $85.0 million (Q1 2026), $135.7 million (Q4 2025), and $78.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 1.18 Bn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 1.91 Bn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 1.37 Bn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 1.57 Bn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 920.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 596.80 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 1.20 Bn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 339.39 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 1.20 Bn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 107.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 107.35 Mn |
| Mar 31, 2026 | 85.01 Mn |
| Dec 31, 2025 | 135.70 Mn |
| Sep 30, 2025 | 78.02 Mn |
| Jun 30, 2025 | 308.24 Mn |
| Mar 31, 2025 | 245.07 Mn |
| Dec 31, 2024 | 355.28 Mn |
| Sep 30, 2024 | 344.15 Mn |
| Jun 30, 2024 | 167.09 Mn |
| Mar 31, 2024 | 229.14 Mn |
| Dec 31, 2023 | 16.21 Mn |
| Sep 30, 2023 | 955,842.00 |
| Jun 30, 2023 | 235,665.00 |
| Mar 31, 2023 | 436,840.00 |
| Dec 31, 2022 | 188,468.00 |
| Sep 30, 2022 | 378,734.00 |
| Jun 30, 2022 | 600,312.00 |
| Mar 31, 2022 | 840,691.00 |
| Dec 31, 2021 | 844,646.00 |
| Sep 30, 2021 | 817,511.00 |