Sable Offshore Corp.

Sable Offshore Corp.verified

SOC

Price:

$5.385

Market Cap:

$535.85M

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. It operates through three platforms located offshore California and an onshore processing facility comprised of 16 federal leases across approximately 76,000 acres. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is based in Houston, Texas.

Industry

Oil & Gas Drilling

IPO Date

2021-04-19

Stock Exchange

NYSE

Ticker

SOC

The Current Ratio as of December 2025 (TTM) for Sable Offshore Corp. (SOC) is 0.07

According to Sable Offshore Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -94.09% compared to the average of 1.24 of the last 4 quarters.

Sable Offshore Corp. (SOC) Historical Current Ratio (quarterly & annually)

How has SOC Current Ratio performed in the past?

The mean historical Current Ratio of Sable Offshore Corp. over the last ten years is 1.13. The current 0.07 Current Ratio has changed 550.69% with respect to the historical average. Over the past ten years (40 quarters), SOC's Current Ratio was at its highest in in the September 2024 quarter at 3.50. The Current Ratio was at its lowest in in the December 2023 quarter at 0.02.

Quarterly (TTM)
Annual

Average

1.13

Median

0.91

Minimum

0.03

Maximum

2.94

Sable Offshore Corp. (SOC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sable Offshore Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.14%

Maximum Annual Current Ratio = 2.94

Minimum Annual Increase = -95.92%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.94225.09%
20230.913.14%
20220.03-95.92%
20210.69-36.68%

Sable Offshore Corp. (SOC) Average Current Ratio

How has SOC Current Ratio performed in the past?

The current Current Ratio of Sable Offshore Corp. (SOC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.29

5-year avg

1.13

10-year avg

1.13

Sable Offshore Corp. (SOC) Current Ratio vs. Peers

How is SOC’s Current Ratio compared to its peers?

Sable Offshore Corp.’s Current Ratio is less than Kosmos Energy Ltd. (0.52), less than Nabors Industries Ltd. (2.09), less than Tsakos Energy Navigation Limited (1.10), less than Borr Drilling Limited (1.28), less than Clean Energy Fuels Corp. (2.83), less than TXO Partners, L.P. (0.97), less than NGL Energy Partners LP (1.26), less than Precision Drilling Corporation (1.01), less than Granite Ridge Resources, Inc (1.41),

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