Sable Offshore (SOC) Tax Rate (2022 - 2026)
Sable Offshore's (SOC) quarterly Tax Rate came in at 72.44% in Q2 2026, down 6594.0% on a YoY basis from 1.12% in Q2 2025, and down 502.05% quarter-over-quarter from 18.02% in Q4 2025.
Analysis
Sable Offshore (SOC) Tax Rate (2022 - 2026) Analysis & Trends
Sable Offshore (SOC) has reported Tax Rate for 5 consecutive years, with 72.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 6594.0% year-over-year to 72.44%; the trailing twelve-month figure through Jun 2026 stood at 4.82% (down 480.0% YoY), and the FY2025 full-year result was 2.93%, down 294.0% from the prior year.
- Tax Rate declined to 72.44% in Q2 2026 per SOC's latest filing, from 18.02% in the prior quarter.
- Across five years, Tax Rate topped out at 156.66% in Q3 2022 and bottomed at 72.44% in Q2 2026.
- Historically, Tax Rate has averaged 11.52% across 5 years, with a median of 2.6% in 2024.
- The sharpest annual moves came in 2025 and 2026: Tax Rate tumbled 298 bps in 2025, then plunged 6594 bps in 2026.
- Over 5 years, Tax Rate stood at 1.99% in 2022, then soared by 1049 bps to 18.87% in 2023, then jumped by 190 bps to 54.65% in 2024, then sank by 67 bps to 18.02% in 2025, then tumbled by 502 bps to 72.44% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 72.44%, 18.02%, and 6.39% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 420.76 Bn | 412.23 Bn | 33.45 Bn | 26.95% |
| 2 | Shell | 281.29 Bn | 240.42 Bn | 30.13 Bn | 31.41% |
| 3 | TotalEnergies SE | 234.09 Bn | 202.37 Bn | 23.46 Bn | 13.89% |
| 4 | Eni Spa | 170.41 Bn | 154.84 Bn | - | -32.93% |
| 5 | Equinor Asa | 117.46 Bn | 108.14 Bn | - | -62.89% |
| 6 | Phillips 66 | 105.04 Bn | 100.94 Bn | 8.38 Bn | 21.97% |
| 7 | Suncor Energy | 84.10 Bn | 78.73 Bn | 17.50 Bn | 26.47% |
| 8 | Imperial Oil | 63.63 Bn | 61.57 Bn | - | 23.43% |
| 9 | Cenovus Energy | 60.52 Bn | 58.56 Bn | 7.32 Bn | 9.67% |
| 10 | Sable Offshore | 753.52 Mn | 731.92 Mn | - | -72.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -72.44% |
| Dec 31, 2025 | 18.02% |
| Sep 30, 2025 | -6.39% |
| Jun 30, 2025 | -6.51% |
| Mar 31, 2025 | -11.03% |
| Dec 31, 2024 | 54.65% |
| Sep 30, 2024 | -0.34% |
| Jun 30, 2024 | -3.21% |
| Mar 31, 2024 | -8.05% |
| Mar 31, 2023 | 18.87% |
| Dec 31, 2022 | -1.99% |
| Sep 30, 2022 | 156.66% |