Sable Offshore (SOC) Tax Provisions (2022 - 2026)
Sable Offshore's (SOC) quarterly Tax Provisions came in at $27.0 million in Q2 2026, up 244.84% on a YoY basis from $7.8 million in Q2 2025, and up 297.42% quarter-over-quarter from -$13.7 million in Q4 2025.
Analysis
Sable Offshore (SOC) Tax Provisions (2022 - 2026) Analysis & Trends
Sable Offshore (SOC) has reported Tax Provisions for 5 consecutive years, with $27.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 244.84% year-over-year to $27.0 million; the trailing twelve-month figure through Jun 2026 stood at $19.9 million (up 23088.37% YoY), and the FY2025 full-year result was $11.7 million, up 24414.58% from the prior year.
- Tax Provisions improved to $27.0 million in Q2 2026 per SOC's latest filing, from -$13.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $27.0 million in Q2 2026 and bottomed at -$19.5 million in Q4 2024.
- Historically, Tax Provisions has averaged $3.3 million across 5 years, with a median of $3.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions surged 2734.72% in 2024, then decreased 18.92% in 2025.
- Over 5 years, Tax Provisions stood at $226913.0 in 2022, then soared by 108.68% to $473521.0 in 2023, then plunged by 4214.92% to -$19.5 million in 2024, then gained by 29.87% to -$13.7 million in 2025, then surged by 297.42% to $27.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $27.0 million, -$13.7 million, and $6.6 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 420.76 Bn | 412.23 Bn | 33.45 Bn | 4.50 Bn |
| 2 | Shell | 281.29 Bn | 240.42 Bn | 30.13 Bn | 4.95 Bn |
| 3 | TotalEnergies SE | 234.09 Bn | 202.37 Bn | 23.46 Bn | -3.15 Bn |
| 4 | Eni Spa | 170.41 Bn | 154.84 Bn | - | -1.53 Bn |
| 5 | Equinor Asa | 117.46 Bn | 108.14 Bn | - | -8.19 Bn |
| 6 | Phillips 66 | 105.04 Bn | 100.94 Bn | 8.38 Bn | 1.09 Bn |
| 7 | Suncor Energy | 84.10 Bn | 78.73 Bn | 17.50 Bn | 1.32 Bn |
| 8 | Imperial Oil | 63.63 Bn | 61.57 Bn | - | 484.36 Mn |
| 9 | Cenovus Energy | 60.52 Bn | 58.56 Bn | 7.32 Bn | 71.71 Mn |
| 10 | Sable Offshore | 753.52 Mn | 731.92 Mn | - | 26.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.98 Mn |
| Dec 31, 2025 | -13.67 Mn |
| Sep 30, 2025 | 6.63 Mn |
| Jun 30, 2025 | 7.82 Mn |
| Mar 31, 2025 | 10.88 Mn |
| Dec 31, 2024 | -19.49 Mn |
| Sep 30, 2024 | 865,000.00 |
| Jun 30, 2024 | 5.15 Mn |
| Mar 31, 2024 | 13.42 Mn |
| Mar 31, 2023 | 473,521.00 |
| Dec 31, 2022 | 226,913.00 |
| Sep 30, 2022 | 530,156.00 |