Sable Offshore (SOC) Interest & Investment Income (2021 - 2024)
Sable Offshore's (SOC) quarterly Interest & Investment Income came in at $9.8 million in Q1 2024, up 1605.19% on a QoQ basis from $574774.0 in Q4 2023.
Sable Offshore (SOC) Interest & Investment Income (2021 - 2024) Analysis & Trends
Sable Offshore (SOC) has 4 years of Interest & Investment Income data on file, last reported at $9.8 million in Q1 2024.
- Quarterly Interest & Investment Income changed N/A year-over-year to $9.8 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $11.9 million (up 199.74% YoY) and the FY2023 annual result came in at $4.4 million, up 10.69% from the prior year.
- Interest & Investment Income grew to $9.8 million in Q1 2024, from $574774.0 in the prior quarter.
- In the past five years, Interest & Investment Income ranged from a high of $9.8 million in Q1 2024 to a low of $1416.0 in Q1 2021.
- A 4-year average of $1.3 million and a median of $464506.0 in 2022 frame the typical range for Interest & Investment Income.
- Annual changes were most pronounced in 2022 — Interest & Investment Income soared 38807.36% — and 2023, when it plunged 75.79%.
- Tracing SOC's Interest & Investment Income over 4 years: stood at $6101.0 in 2021, then soared by 38807.36% to $2.4 million in 2022, then sank by 75.79% to $574774.0 in 2023, then soared by 1605.19% to $9.8 million in 2024.
- The last three Interest & Investment Income figures came in at $9.8 million (Q1 2024), $574774.0 (Q4 2023), and $699906.0 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int & Inv Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 3.66 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 12.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 2.90 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 2.28 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 4.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 1.70 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 2.13 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | - |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 9.80 Mn |
| Dec 31, 2023 | 574,774.00 |
| Sep 30, 2023 | 699,906.00 |
| Jun 30, 2023 | 835,915.00 |
| Dec 31, 2022 | 2.37 Mn |
| Sep 30, 2022 | 1.25 Mn |
| Jun 30, 2022 | 354,238.00 |
| Mar 31, 2022 | 15,121.00 |
| Dec 31, 2021 | 6,101.00 |
| Sep 30, 2021 | 4,342.00 |
| Jun 30, 2021 | 4,294.00 |
| Mar 31, 2021 | 1,416.00 |