Growth Metrics

Sable Offshore (SOC) Shares Outstanding (Diluted Average) (2021 - 2026)

Sable Offshore posted quarterly Shares Outstanding (Diluted Average) of $143.7 million for Q1 2026, up 70.15% year-on-year from $84.4 million in Q1 2025, and up 46.33% on a QoQ basis from $98.2 million in Q4 2025.

Sable Offshore (SOC) has 6 years of Shares Outstanding (Diluted Average) data on file, last reported at $143.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 70.15% year-over-year to $143.7 million; the trailing twelve-month figure through Mar 2026 stood at $143.7 million (up 70.15% YoY), and the FY2025 full-year result was $98.2 million, up 46.5% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $143.7 million, up from $98.2 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $143.7 million in Q1 2026 and bottomed at $7.2 million in Q1 2022.
  • The 5-year median for Shares Outstanding (Diluted Average) is $60.2 million (2024), against an average of $52.1 million.
  • The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) tumbled 71.58%; it then soared 737.1% in 2024.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $28.8 million in 2022, then plunged by 62.19% to $10.9 million in 2023, then surged by 516.5% to $67.0 million in 2024, then jumped by 46.5% to $98.2 million in 2025, then soared by 46.33% to $143.7 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $143.7 million (Q1 2026), $98.2 million (Q4 2025), and $99.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn -
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 379.59 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 99.71 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 143.67 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -
9 Borr Drilling 1.48 Bn 1.10 Bn - 264.55 Mn

Historic Data

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DateValue
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 7.19 Mn
Mar 31, 2023 21.53 Mn
Dec 31, 2022 28.75 Mn
Sep 30, 2022 28.75 Mn
Jun 30, 2022 7.19 Mn
Mar 31, 2022 7.19 Mn
Dec 31, 2021 24.42 Mn