Sable Offshore SOC
NYSE SOC
$3.29 -0.17 (-5.06%)
As of: Oct 1, 2026 · 3:59 PM EDT

Sable Offshore (SOC) Long-Term Investments (2021 - 2023)

Updated

Sable Offshore (SOC) recorded Long-Term Investments of $63.56 million in Q4 2023, down 78.1% from $290.72 million a year earlier and down 0.6% from the prior quarter.

Analysis

Sable Offshore (SOC) Long-Term Investments (2021 - 2023) Analysis & Trends

Starting with Q1 2021, Sable Offshore's Long-Term Investments history includes 12 quarters.

  • Across earlier years, Long-Term Investments came in at $290.72 million in FY2022 (+1.1%) and $287.52 million in FY2021.
  • The Q4 2023 figure is the lowest quarterly Long-Term Investments in data going back to Q1 2021.
  • On a year-over-year basis, Long-Term Investments has declined for four consecutive quarters, with an average decline of 36.7% over the last eight quarters.
  • Peak year-over-year performance for Long-Term Investments in the last five years was growth of 1.1% in Q4 2022, against a decline of 78.1% in Q4 2023 at the low end.
  • Per Business Quant, the preceding three quarters came in at $63.94 million (Q3 2023), $87.29 million (Q2 2023) and $86.86 million (Q1 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Shell 540.77 Bn 451.32 Bn 30.13 Bn 1.48 Bn
2 Chevron 403.83 Bn 381.62 Bn 33.45 Bn 42.35 Bn
3 TotalEnergies SE 188.75 Bn 71.88 Bn - 2.10 Bn
4 Eni Spa 170.81 Bn 120.33 Bn - 1.66 Bn
5 Conocophillips 150.42 Bn 123.13 Bn 12.81 Bn 10.35 Bn
6 Equinor Asa 104.06 Bn 50.12 Bn - 15.66 Bn
7 Phillips 66 101.90 Bn 90.89 Bn 8.38 Bn 12.35 Bn
8 Canadian Natural Resources 97.96 Bn 94.91 Bn - -
9 Suncor Energy 80.99 Bn 66.79 Bn - -
10 Sable Offshore 533.14 Mn 320.02 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 63.56 Mn
Sep 30, 2023 63.94 Mn
Jun 30, 2023 87.29 Mn
Mar 31, 2023 86.86 Mn
Dec 31, 2022 290.72 Mn
Sep 30, 2022 288.81 Mn
Jun 30, 2022 287.70 Mn
Mar 31, 2022 287.51 Mn
Dec 31, 2021 287.52 Mn
Sep 30, 2021 287.51 Mn
Jun 30, 2021 287.51 Mn
Mar 31, 2021 287.50 Mn
API Access

Sable Offshore Long-Term Investments API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=long-term-investments&ticker=SOC&period=max&api_key=YOUR_API_KEY