Sable Offshore (SOC) Payables (2020 - 2026)
Sable Offshore's (SOC) quarterly Payables came in at $1.1 billion in Q1 2026, up 635.85% YoY from $145.9 million in Q1 2025, and up 5.16% on a QoQ basis from $1.0 billion in Q4 2025.
Sable Offshore (SOC) Payables (2020 - 2026) Analysis & Trends
Sable Offshore (SOC) has 6 years of Payables data on file, last reported at $1.1 billion in Q1 2026.
- Quarterly Payables rose 635.85% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 635.85% YoY) and the FY2025 annual result came in at $1.0 billion, up 752.54% from the prior year.
- Payables climbed to $1.1 billion in Q1 2026, from $1.0 billion in the prior quarter.
- In the past five years, Payables ranged from a high of $1.1 billion in Q1 2026 to a low of $370000.0 in Q4 2022.
- A 5-year average of $290.6 million and a median of $32.1 million in 2023 frame the typical range for Payables.
- Annual changes were most pronounced in 2023 — Payables slumped 49.76% — and 2024, when it soared 8998.53%.
- Tracing SOC's Payables over 5 years: 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 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 323.96 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 283.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 513.17 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 232.78 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 72.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 61.60 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 365.47 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 218.74 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 416.00 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 443.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 443.43 Mn |
| 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 | 2.10 Mn |
| 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 |