Sable Offshore (SOC) Prepaid Assets (2021 - 2026)
Sable Offshore (SOC) reported Prepaid Assets of $10.6 million for Q1 2026, up 92.9% on a YoY basis from $5.5 million in Q1 2025, and down 6.1% quarter-over-quarter from $11.3 million in Q4 2025.
Sable Offshore (SOC) Prepaid Assets (2021 - 2026) Analysis & Trends
Sable Offshore has reported Prepaid Assets for 6 years, with the latest figure at $10.6 million in Q1 2026.
- For the quarter ending Q1 2026, Prepaid Assets rose 92.9% year-over-year to $10.6 million; the trailing twelve-month figure through Mar 2026 stood at $10.6 million (up 92.9% YoY), and the FY2025 full-year result was $11.3 million, up 170.81% from the prior year.
- Prepaid Assets for Q1 2026 stood at $10.6 million, down from $11.3 million in the prior quarter.
- The five-year high for Prepaid Assets was $11.3 million in Q3 2025, with the low at $88212.0 in Q4 2022.
- Historically, Prepaid Assets has averaged $3.8 million across 5 years, with a median of $3.4 million in 2024.
- Annual changes were most pronounced in 2022 — Prepaid Assets sank 83.1% — and 2024, when it jumped 2258.16%.
- Sable Offshore's Prepaid Assets 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 | 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| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 985,260.00 |