Sable Offshore (SOC) Long-Term Investments (2021 - 2023)
Sable Offshore posted quarterly Long-Term Investments of $63.6 million for Q4 2023, down 78.14% year-on-year from $290.7 million in Q4 2022, and down 0.6% on a QoQ basis from $63.9 million in Q3 2023.
Sable Offshore (SOC) has 3 years of Long-Term Investments data on file, last reported at $63.6 million in Q4 2023.
- For the quarter ending Q4 2023, Long-Term Investments fell 78.14% year-over-year to $63.6 million; the trailing twelve-month figure through Dec 2023 stood at $63.6 million (down 78.14% YoY), and the FY2023 full-year result was $63.6 million, down 78.14% from the prior year.
- Long-Term Investments for Q4 2023 stood at $63.6 million, down from $63.9 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $290.7 million in Q4 2022 and bottomed at $63.6 million in Q4 2023.
- The 3-year median for Long-Term Investments is $287.5 million (2021), against an average of $217.2 million.
- The widest annual swing landed in 2022, when Long-Term Investments gained 1.11%; it then tumbled 78.14% in 2023.
- A 3-year view of Long-Term Investments shows it stood at $287.5 million in 2021, then advanced by 1.11% to $290.7 million in 2022, then sank by 78.14% to $63.6 million in 2023.
- The last three Long-Term Investments figures came in at $63.6 million (Q4 2023), $63.9 million (Q3 2023), and $87.3 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 5.43 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 85.61 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 62.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 11.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |