Sable Offshore (SOC) Preferred Stock Liabilities (2021 - 2023)

Sable Offshore (SOC) reported Preferred Stock Liabilities of $63.5 million for Q4 2023, down 78.12% on a YoY basis from $290.3 million in Q4 2022, and up 0.63% quarter-over-quarter from $63.1 million in Q3 2023.

Sable Offshore (SOC) Preferred Stock Liabilities (2021 - 2023) Analysis & Trends

Sable Offshore has reported Preferred Stock Liabilities for 3 years, with the latest figure at $63.5 million in Q4 2023.

  • For the quarter ending Q4 2023, Preferred Stock Liabilities fell 78.12% year-over-year to $63.5 million; the trailing twelve-month figure through Dec 2023 stood at $63.5 million (down 78.12% YoY), and the FY2023 full-year result was $63.5 million, down 78.12% from the prior year.
  • Preferred Stock Liabilities for Q4 2023 stood at $63.5 million, up from $63.1 million in the prior quarter.
  • The five-year high for Preferred Stock Liabilities was $290.3 million in Q4 2022, with the low at $63.1 million in Q3 2023.
  • Historically, Preferred Stock Liabilities has averaged $215.1 million across 3 years, with a median of $287.5 million in 2021.
  • Annual changes were most pronounced in 2022 — Preferred Stock Liabilities climbed 8.39% — and 2023, when it plunged 78.12%.
  • Sable Offshore's Preferred Stock Liabilities stood at $287.5 million in 2021, then grew by 0.99% to $290.3 million in 2022, then sank by 78.12% to $63.5 million in 2023.
  • The last three Preferred Stock Liabilities figures came in at $63.5 million (Q4 2023), $63.1 million (Q3 2023), and $86.6 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Preferred Stock Liabilities (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 63.52 Mn
Sep 30, 2023 63.12 Mn
Jun 30, 2023 86.63 Mn
Mar 31, 2023 86.00 Mn
Dec 31, 2022 290.35 Mn
Sep 30, 2022 288.25 Mn
Jun 30, 2022 287.58 Mn
Mar 31, 2022 287.50 Mn
Dec 31, 2021 287.50 Mn
Sep 30, 2021 287.50 Mn
Jun 30, 2021 287.50 Mn
Mar 31, 2021 265.24 Mn