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
DateValue
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