Sable Offshore (SOC) Prepaid Assets (2021 - 2026)
Sable Offshore's (SOC) quarterly Prepaid Assets came in at $10.6 million in Q1 2026, up 92.9% YoY from $5.5 million in Q1 2025, and down 6.1% on a QoQ basis from $11.3 million in Q4 2025.
Sable Offshore (SOC) Prepaid Assets (2021 - 2026) Analysis & Trends
Sable Offshore (SOC) has 6 years of Prepaid Assets data on file, last reported at $10.6 million in Q1 2026.
- Quarterly Prepaid Assets rose 92.9% year-over-year to $10.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.6 million (up 92.9% YoY) and the FY2025 annual result came in at $11.3 million, up 170.81% from the prior year.
- Prepaid Assets retreated to $10.6 million in Q1 2026, from $11.3 million in the prior quarter.
- In the past five years, Prepaid Assets ranged from a high of $11.3 million in Q3 2025 to a low of $88212.0 in Q4 2022.
- A 5-year average of $3.8 million and a median of $3.4 million in 2024 frame the typical range for Prepaid Assets.
- Annual changes were most pronounced in 2022 — Prepaid Assets sank 83.1% — and 2024, when it jumped 2258.16%.
- Tracing SOC's Prepaid Assets over 5 years: stood at $88212.0 in 2022, then jumped by 179.32% to $246392.0 in 2023, then surged by 1590.8% to $4.2 million in 2024, then surged by 170.81% to $11.3 million in 2025, then decreased by 6.1% to $10.6 million in 2026.
- The last three Prepaid Assets figures came in at $10.6 million (Q1 2026), $11.3 million (Q4 2025), and $11.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.97 Mn |
| Mar 31, 2026 | 10.59 Mn |
| Dec 31, 2025 | 11.28 Mn |
| Sep 30, 2025 | 11.32 Mn |
| Jun 30, 2025 | 4.98 Mn |
| Mar 31, 2025 | 5.49 Mn |
| Dec 31, 2024 | 4.17 Mn |
| Sep 30, 2024 | 4.83 Mn |
| Jun 30, 2024 | 3.35 Mn |
| Mar 31, 2024 | 3.40 Mn |
| Sep 30, 2023 | 246,392.00 |
| Jun 30, 2023 | 142,060.00 |
| Mar 31, 2023 | 202,408.00 |
| Dec 31, 2022 | 88,212.00 |
| Sep 30, 2022 | 238,496.00 |
| Jun 30, 2022 | 388,271.00 |
| Mar 31, 2022 | 473,663.00 |
| Dec 31, 2021 | 521,878.00 |
| Sep 30, 2021 | 522,352.00 |
| Jun 30, 2021 | 520,684.00 |