Sable Offshore (SOC) Long-Term Investments (2021 - 2023)
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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | 45.61 Bn |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | 42.35 Bn |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 28.00 Bn |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 2.10 Bn |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 10.35 Bn |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | 8.19 Bn |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | 12.35 Bn |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | 20.27 Bn |
| 10 | Sable Offshore | 505.32 Mn | 292.21 Mn | - | - |
Historic 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "SOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=SOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();