Sable Offshore (SOC) Free Cash Flow (2021 - 2026)

Sable Offshore (SOC) reported Free Cash Flow of -$103.3 million for Q1 2026, up 7.16% on a YoY basis from -$96.4 million in Q1 2025, and up 46.4% quarter-over-quarter from -$192.7 million in Q4 2025.

Sable Offshore (SOC) Free Cash Flow (2021 - 2026) Analysis & Trends

Sable Offshore has reported Free Cash Flow for 6 years, with the latest figure at -$103.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 7.16% year-over-year to -$103.3 million; the trailing twelve-month figure through Mar 2026 stood at -$761.4 million (down 145.3% YoY), and the FY2025 full-year result was -$769.3 million, down 227.0% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$103.3 million, up from -$192.7 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$209337.0 in Q3 2022, with the low at -$240.7 million in Q3 2025.
  • Historically, Free Cash Flow has averaged -$69.4 million across 5 years, with a median of -$19.7 million in 2023.
  • Annual changes were most pronounced in 2022 — Free Cash Flow surged 53.92% — and 2023, when it sank 8224.85%.
  • Sable Offshore's Free Cash Flow stood at -$876900.0 in 2022, then slumped by 1665.42% to -$15.5 million in 2023, then plunged by 489.03% to -$91.2 million in 2024, then tumbled by 111.28% to -$192.7 million in 2025, then surged by 46.4% to -$103.3 million in 2026.
  • The last three Free Cash Flow figures came in at -$103.3 million (Q1 2026), -$192.7 million (Q4 2025), and -$240.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 93.45 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 169.44 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 136.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -52.77 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -26.28 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -35.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -103.27 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -51.62 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - 48.40 Mn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -25.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -103.27 Mn
Mar 31, 2026 -103.27 Mn
Dec 31, 2025 -192.66 Mn
Dec 31, 2025 -192.66 Mn
Sep 30, 2025 -240.74 Mn
Sep 30, 2025 -240.74 Mn
Jun 30, 2025 -224.69 Mn
Jun 30, 2025 -224.69 Mn
Mar 31, 2025 -111.24 Mn
Mar 31, 2025 -111.24 Mn
Dec 31, 2024 -91.19 Mn
Dec 31, 2024 -91.19 Mn
Sep 30, 2024 -14.44 Mn
Sep 30, 2024 -14.44 Mn
Jun 30, 2024 -93.51 Mn
Jun 30, 2024 -93.51 Mn
Mar 31, 2024 -36.13 Mn
Mar 31, 2024 -36.13 Mn
Dec 31, 2023 -15.48 Mn
Dec 31, 2023 -15.48 Mn