Sable Offshore (SOC) Shares Outstanding (Diluted) (2021 - 2026)
Sable Offshore (SOC) recorded Shares Outstanding (Diluted) of 153.47 million in Q2 2026, up 68.2% from 91.22 million a year earlier and up 6.8% from the prior quarter.
Sable Offshore (SOC) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Sable Offshore reported Shares Outstanding (Diluted) of 98.18 million, up 46.5% from FY2024.
- Annual Shares Outstanding (Diluted) has a four-year compound annual growth rate of 26.1% (FY2021 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 67.02 million in FY2024 (+516.5%), 10.87 million in FY2023 (-62.2%), 28.75 million in FY2022 (-25.9%) and 38.79 million in FY2021.
- The Q2 2026 figure is the highest quarterly Shares Outstanding (Diluted) in data going back to Q1 2021.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased for ten consecutive quarters, with growth averaging 189.3% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 660.9% in Q3 2024, against a decline of 71.6% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 143.67 million (Q1 2026), 98.18 million (Q4 2025) and 99.49 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.98 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.57 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.09 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.60 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 402.62 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.10 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.22 Bn |
| 10 | Sable Offshore | 533.14 Mn | 320.02 Mn | - | 153.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 153.47 Mn |
| Mar 31, 2026 | 143.67 Mn |
| Dec 31, 2025 | 98.18 Mn |
| Sep 30, 2025 | 99.49 Mn |
| Jun 30, 2025 | 91.22 Mn |
| Mar 31, 2025 | 84.44 Mn |
| Dec 31, 2024 | 67.02 Mn |
| Sep 30, 2024 | 62.17 Mn |
| Jun 30, 2024 | 60.17 Mn |
| Mar 31, 2024 | 60.17 Mn |
| Dec 31, 2023 | 10.87 Mn |
| Sep 30, 2023 | 8.17 Mn |
| Jun 30, 2023 | 22.81 Mn |
| Mar 31, 2023 | 35.90 Mn |
| Dec 31, 2022 | 28.75 Mn |
| Sep 30, 2022 | 28.75 Mn |
| Jun 30, 2022 | 43.13 Mn |
| Mar 31, 2022 | 43.13 Mn |
| Dec 31, 2021 | 38.79 Mn |
| Sep 30, 2021 | 35.94 Mn |
Sable Offshore Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=SOC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "SOC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=SOC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();