Sable Offshore SOC
NYSE SOC
$4.90 -0.02 (-0.41%)
As of: Sep 10, 2026 · 2:11 PM EDT

Sable Offshore (SOC) Operating Expenses (2021 - 2026)

Sable Offshore's (SOC) quarterly Operating Expenses came in at $204.0 million in Q2 2026, up 58.29% on a YoY basis from $128.9 million in Q2 2025, and up 69.98% quarter-over-quarter from $120.0 million in Q1 2026.

Analysis

Sable Offshore (SOC) Operating Expenses (2021 - 2026) Analysis & Trends

Sable Offshore (SOC) has reported Operating Expenses for 6 consecutive years, with $204.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 58.29% year-over-year to $204.0 million; the trailing twelve-month figure through Jun 2026 stood at $543.6 million (up 84.88% YoY), and the FY2025 full-year result was $408.3 million, up 24.95% from the prior year.
  • Operating Expenses rose to $204.0 million in Q2 2026 per SOC's latest filing, from $120.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $204.0 million in Q2 2026 and bottomed at $306338.0 in Q2 2022.
  • Historically, Operating Expenses has averaged $63.2 million across 5 years, with a median of $52.7 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 13820.37% in 2024, then tumbled 62.43% in 2025.
  • Over 5 years, Operating Expenses stood at $4.1 million in 2022, then jumped by 538.88% to $26.4 million in 2023, then surged by 92.03% to $50.8 million in 2024, then surged by 97.42% to $100.2 million in 2025, then surged by 103.58% to $204.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $204.0 million, $120.0 million, and $100.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Chevron 420.76 Bn 412.23 Bn 33.45 Bn 53.37 Bn
2 Shell 281.29 Bn 240.42 Bn 30.13 Bn 3.02 Bn
3 TotalEnergies SE 234.09 Bn 202.37 Bn 23.46 Bn 46.44 Bn
4 Eni Spa 170.41 Bn 154.84 Bn - 22.08 Mn
5 Equinor Asa 117.46 Bn 108.14 Bn - -22.18 Bn
6 Phillips 66 105.04 Bn 100.94 Bn 8.38 Bn 47.07 Bn
7 Suncor Energy 84.10 Bn 78.73 Bn 17.50 Bn 17.00 Mn
8 Imperial Oil 63.63 Bn 61.57 Bn - 9.54 Bn
9 Cenovus Energy 60.52 Bn 58.56 Bn 7.32 Bn 978.82 Mn
10 Sable Offshore 753.52 Mn 731.92 Mn - 204.02 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 204.02 Mn
Mar 31, 2026 120.03 Mn
Dec 31, 2025 100.22 Mn
Sep 30, 2025 119.38 Mn
Jun 30, 2025 128.89 Mn
Mar 31, 2025 59.80 Mn
Dec 31, 2024 50.76 Mn
Sep 30, 2024 54.61 Mn
Jun 30, 2024 62.24 Mn
Mar 31, 2024 159.14 Mn
Dec 31, 2023 26.44 Mn
Sep 30, 2023 22.54 Mn
Jun 30, 2023 22.32 Mn
Mar 31, 2023 1.14 Mn
Dec 31, 2022 4.14 Mn
Sep 30, 2022 1.28 Mn
Jun 30, 2022 306,338.00
Mar 31, 2022 424,493.00
Dec 31, 2021 846,355.00
Sep 30, 2021 306,668.00