Sable Offshore (SOC) EBIT (2021 - 2026)
Sable Offshore's (SOC) quarterly EBIT came in at -$66.9 million in Q2 2026, up 48.1% on a YoY basis from -$45.2 million in Q2 2025, and up 43.67% quarter-over-quarter from -$118.8 million in Q1 2026.
Analysis
Sable Offshore (SOC) EBIT (2021 - 2026) Analysis & Trends
Sable Offshore (SOC) has reported EBIT for 6 consecutive years, with -$66.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT rose 48.1% year-over-year to -$66.9 million; the trailing twelve-month figure through Jun 2026 stood at -$405.2 million (down 37.81% YoY), and the FY2025 full-year result was -$408.3 million, down 24.95% from the prior year.
- EBIT improved to -$66.9 million in Q2 2026 per SOC's latest filing, from -$118.8 million in the prior quarter.
- Across five years, EBIT topped out at -$306338.0 in Q2 2022 and bottomed at -$159.1 million in Q1 2024.
- Historically, EBIT has averaged -$55.5 million across 5 years, with a median of -$52.7 million in 2024.
- The sharpest annual moves came in 2024 and 2025: EBIT slumped 13820.37% in 2024, then soared 62.43% in 2025.
- Over 5 years, EBIT stood at -$4.1 million in 2022, then slumped by 538.88% to -$26.4 million in 2023, then plunged by 92.03% to -$50.8 million in 2024, then slumped by 97.42% to -$100.2 million in 2025, then soared by 33.25% to -$66.9 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$66.9 million, -$118.8 million, and -$100.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 420.76 Bn | 412.23 Bn | 33.45 Bn | -19.92 Bn |
| 2 | Shell | 281.29 Bn | 240.42 Bn | 30.13 Bn | 27.11 Bn |
| 3 | TotalEnergies SE | 234.09 Bn | 202.37 Bn | 23.46 Bn | -22.98 Bn |
| 4 | Eni Spa | 170.41 Bn | 154.84 Bn | - | 25.94 Bn |
| 5 | Equinor Asa | 117.46 Bn | 108.14 Bn | - | 12.99 Bn |
| 6 | Phillips 66 | 105.04 Bn | 100.94 Bn | 8.38 Bn | -38.69 Bn |
| 7 | Suncor Energy | 84.10 Bn | 78.73 Bn | 17.50 Bn | 17.48 Bn |
| 8 | Imperial Oil | 63.63 Bn | 61.57 Bn | - | 2.08 Bn |
| 9 | Cenovus Energy | 60.52 Bn | 58.56 Bn | 7.32 Bn | 966.63 Mn |
| 10 | Sable Offshore | 753.52 Mn | 731.92 Mn | - | -66.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -66.89 Mn |
| Mar 31, 2026 | -118.75 Mn |
| Dec 31, 2025 | -100.22 Mn |
| Sep 30, 2025 | -119.38 Mn |
| Jun 30, 2025 | -128.89 Mn |
| Mar 31, 2025 | -59.80 Mn |
| Dec 31, 2024 | -50.76 Mn |
| Sep 30, 2024 | -54.61 Mn |
| Jun 30, 2024 | -62.24 Mn |
| Mar 31, 2024 | -159.14 Mn |
| Dec 31, 2023 | -26.44 Mn |
| Sep 30, 2023 | -22.54 Mn |
| Jun 30, 2023 | -22.32 Mn |
| Mar 31, 2023 | -1.14 Mn |
| Dec 31, 2022 | -4.14 Mn |
| Sep 30, 2022 | -1.28 Mn |
| Jun 30, 2022 | -306,338.00 |
| Mar 31, 2022 | -424,493.00 |
| Dec 31, 2021 | -846,355.00 |
| Sep 30, 2021 | -306,668.00 |