Sable Offshore (SOC) Current Assets (2020 - 2026)
Sable Offshore (SOC) reported Current Assets of $85.0 million for Q1 2026, down 65.31% on a YoY basis from $245.1 million in Q1 2025, and down 37.35% quarter-over-quarter from $135.7 million in Q4 2025.
Sable Offshore (SOC) Current Assets (2020 - 2026) Analysis & Trends
Sable Offshore has reported Current Assets for 7 years, with the latest figure at $85.0 million in Q1 2026.
- For the quarter ending Q1 2026, Current Assets fell 65.31% year-over-year to $85.0 million; the trailing twelve-month figure through Mar 2026 stood at $85.0 million (down 65.31% YoY), and the FY2025 full-year result was $135.7 million, down 61.8% from the prior year.
- Current Assets for Q1 2026 stood at $85.0 million, down from $135.7 million in the prior quarter.
- The five-year high for Current Assets was $355.3 million in Q4 2024, with the low at $188468.0 in Q4 2022.
- Historically, Current Assets has averaged $115.7 million across 5 years, with a median of $78.0 million in 2025.
- Annual changes were most pronounced in 2022 — Current Assets plunged 77.69% — and 2024, when it jumped 70802.34%.
- Sable Offshore's Current Assets 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 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 368.27 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 1.43 Bn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 1.77 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.32 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 1.47 Bn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 811.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 85.01 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 1.15 Bn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 670.70 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 1.20 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 606,411.00 |