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
DateValue
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