Sable Offshore Corp. financial data

Symbol
SOC on NYSE
Industry
Crude Petroleum & Natural Gas
Location
845 Texas Avenue, Suite 2920, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Flame Acquisition Corp. (to 2/14/2024)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 292 % +6464%
Debt-to-equity 429 %
Return On Equity -274 % -169%
Return On Assets -51.9 % +14.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 89.1M shares +570%
Common Stock, Shares, Outstanding 78.8M shares
Entity Public Float 67.7M USD -75.8%
Common Stock, Value, Issued 7K USD
Weighted Average Number of Shares Outstanding, Basic 62.2M shares
Weighted Average Number of Shares Outstanding, Diluted 62.2M shares

Income Statement

Label TTM Value / Value Unit Change %
Revenues 0 USD
Revenue from Contract with Customer, Excluding Assessed Tax 0 USD
General and Administrative Expense 212M USD +768%
Operating Income (Loss) -288M USD -474%
Nonoperating Income (Expense) -291M USD -6896%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -593M USD -993%
Income Tax Expense (Benefit) 19.4M USD +2675%
Net Income (Loss) Attributable to Parent -613M USD -664%
Earnings Per Share, Basic -4.11 USD/shares
Earnings Per Share, Diluted -4.11 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 288K USD -59.4%
Assets, Current 344M USD +35905%
Other Assets, Noncurrent 17.7M USD
Assets 1.47B USD +2170%
Accounts Payable, Current 22.8M USD
Accrued Liabilities, Current 37.8M USD +515%
Liabilities, Current 98.3M USD +655%
Deferred Income Tax Liabilities, Net 20.6M USD
Other Liabilities, Noncurrent 16.8M USD
Liabilities 1.31B USD +4534%
Retained Earnings (Accumulated Deficit) -682M USD -2483%
Stockholders' Equity Attributable to Parent 167M USD
Liabilities and Equity 1.47B USD +2170%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -36.1M USD -6571%
Net Cash Provided by (Used in) Financing Activities 396M USD
Net Cash Provided by (Used in) Investing Activities -204M USD -199%
Common Stock, Shares Authorized 500M shares
Common Stock, Shares, Issued 78.8M shares
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 0 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 147K USD
Deferred Tax Assets, Valuation Allowance 1.8M USD +15.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.8M USD +15.4%
Deferred Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 0 USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 16.7M USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%