Sable Offshore (SOC) Payables (2020 - 2026)
Sable Offshore (SOC) reported Payables of $1.1 billion for Q1 2026, up 635.85% on a YoY basis from $145.9 million in Q1 2025, and up 5.16% quarter-over-quarter from $1.0 billion in Q4 2025.
Sable Offshore (SOC) Payables (2020 - 2026) Analysis & Trends
Sable Offshore has reported Payables for 6 years, with the latest figure at $1.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 635.85% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 635.85% YoY), and the FY2025 full-year result was $1.0 billion, up 752.54% from the prior year.
- Payables for Q1 2026 stood at $1.1 billion, up from $1.0 billion in the prior quarter.
- The five-year high for Payables was $1.1 billion in Q1 2026, with the low at $178630.0 in Q1 2023.
- Historically, Payables has averaged $290.5 million across 5 years, with a median of $32.1 million in 2023.
- Annual changes were most pronounced in 2023 — Payables plunged 85.9% — and 2024, when it soared 8998.53%.
- Sable Offshore's Payables stood at $370000.0 in 2022, then soared by 1660.17% to $6.5 million in 2023, then soared by 1738.78% to $119.8 million in 2024, then jumped by 752.54% to $1.0 billion in 2025, then rose by 5.16% to $1.1 billion in 2026.
- The last three Payables figures came in at $1.1 billion (Q1 2026), $1.0 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 201.58 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 307.60 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 229.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 442.42 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 202.63 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 80.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 1.07 Bn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 322.84 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 43.50 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 398.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.07 Bn |
| Dec 31, 2025 | 1.02 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.06 Bn |
| Mar 31, 2025 | 145.90 Mn |
| Dec 31, 2024 | 119.75 Mn |
| Sep 30, 2024 | 95.60 Mn |
| Jun 30, 2024 | 57.65 Mn |
| Dec 31, 2023 | 6.51 Mn |
| Sep 30, 2023 | 1.13 Mn |
| Jun 30, 2023 | 633,630.00 |
| Mar 31, 2023 | 178,630.00 |
| Dec 31, 2022 | 370,000.00 |
| Sep 30, 2022 | 1.26 Mn |
| Jun 30, 2022 | 1.26 Mn |
| Mar 31, 2022 | 1.27 Mn |
| Dec 31, 2020 | 43,626.00 |