Sable Offshore (SOC) Other Gross PP&E Adjustments (2023 - 2026)
Sable Offshore posted quarterly Other Gross PP&E Adjustments of -$1.6 billion for Q1 2026, down 25.64% year-on-year from -$2.2 billion in Q1 2025, and down 1.79% on a QoQ basis from -$1.6 billion in Q4 2025.
Sable Offshore (SOC) has 4 years of Other Gross PP&E Adjustments data on file, last reported at -$1.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Other Gross PP&E Adjustments fell 25.64% year-over-year to -$1.6 billion; the trailing twelve-month figure through Mar 2026 stood at -$5.9 billion (down 29.58% YoY), and the FY2025 full-year result was -$1.6 billion, down 30.65% from the prior year.
- Other Gross PP&E Adjustments for Q1 2026 stood at -$1.6 billion, down from -$1.6 billion in the prior quarter.
- Across five years, Other Gross PP&E Adjustments topped out at -$1.1 billion in Q1 2024 and bottomed at -$4.4 billion in Q4 2023.
- The 4-year median for Other Gross PP&E Adjustments is -$1.4 billion (2025), against an average of -$1.6 billion.
- The widest annual swing landed in 2024, when Other Gross PP&E Adjustments jumped 72.39%; it then sank 38.39% in 2025.
- A 4-year view of Other Gross PP&E Adjustments shows it stood at -$4.4 billion in 2023, then surged by 72.39% to -$1.2 billion in 2024, then plunged by 30.65% to -$1.6 billion in 2025, then fell by 1.79% to -$1.6 billion in 2026.
- The last three Other Gross PP&E Adjustments figures came in at -$1.6 billion (Q1 2026), -$1.6 billion (Q4 2025), and -$1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Gross PP&E Adjustments (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | -25.06 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 6.73 Bn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 17.47 Bn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 8.78 Bn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -27.36 Bn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -1.61 Bn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -2.36 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 11.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.61 Bn |
| Mar 31, 2026 | -1.61 Bn |
| Dec 31, 2025 | -1.58 Bn |
| Dec 31, 2025 | -1.58 Bn |
| Sep 30, 2025 | -1.54 Bn |
| Sep 30, 2025 | -1.54 Bn |
| Jun 30, 2025 | -1.43 Bn |
| Jun 30, 2025 | -1.43 Bn |
| Mar 31, 2025 | -1.28 Bn |
| Mar 31, 2025 | -1.28 Bn |
| Dec 31, 2024 | -1.21 Bn |
| Dec 31, 2024 | -1.21 Bn |
| Sep 30, 2024 | -1.11 Bn |
| Sep 30, 2024 | -1.11 Bn |
| Jun 30, 2024 | -1.07 Bn |
| Jun 30, 2024 | -1.07 Bn |
| Mar 31, 2024 | -1.06 Bn |
| Mar 31, 2024 | -1.06 Bn |
| Dec 31, 2023 | -4.39 Bn |
| Dec 31, 2023 | -4.39 Bn |