SOC: Sable Offshore Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Sable Offshore Corp (SOC).
$2.04B Market Cap.
SOC Market Cap. (MRY)
SOC Shares Outstanding (MRY)
SOC Assets (MRY)
Total Assets
$1.58B
Total Liabilities
$1.20B
Total Investments
$0
SOC Income (MRY)
Revenue
$0
Net Income
-$617.28M
Operating Expense
$238.87M
SOC Cash Flow (MRY)
CF Operations
-$162.97M
CF Investing
-$276.25M
CF Financing
$721.65M
SOC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,583,172,000 (122.49%) | $711,581,000 (-0.48%) | $715,032,000 (147.90%) | $288,439,429 |
Assets Current | $355,275,000 (2091.30%) | $16,213,000 (-5.80%) | $17,211,000 (1937.66%) | $844,646 |
Assets Non-Current | $1,227,897,000 (76.58%) | $695,368,000 (-0.35%) | $697,821,000 (142.64%) | $287,594,783 |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Shareholders Equity | $384,185,000 (13.32%) | $339,021,000 (-6.50%) | $362,596,000 (2902.26%) | -$12,939,436 |
Property Plant & Equipment Net | $1,194,447,000 (73.37%) | $688,964,000 (-0.18%) | $690,217,000 (0%) | $0 |
Cash & Equivalents | $335,772,000 (0%) | $0 (0%) | $0 (0%) | $322,768 |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $287,516,153 |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $287,516,153 |
Inventory | $15,337,000 (-5.40%) | $16,213,000 (-5.80%) | $17,211,000 (0%) | $0 |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Trade & Non-Trade Payables | $119,753,000 (614.77%) | $16,754,000 (11.37%) | $15,044,000 (5360.62%) | $275,500 |
Accumulated Retained Earnings (Deficit) | -$698,296,000 | - | -$18,325,985 (-41.62%) | -$12,940,155 |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Tax Liabilities | $1,162,000 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Debt | $833,542,000 (0%) | $0 (0%) | $0 (0%) | $956,115 |
Debt Current | $0 (0%) | $0 (0%) | $0 (0%) | $956,115 |
Debt Non-Current | $833,542,000 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Liabilities | $1,198,987,000 (221.82%) | $372,560,000 (5.71%) | $352,436,000 (2439.37%) | $13,878,865 |
Liabilities Current | $120,671,000 (574.06%) | $17,902,000 (10.62%) | $16,184,000 (1214.05%) | $1,231,615 |
Liabilities Non-Current | $1,078,316,000 (204.04%) | $354,658,000 (5.47%) | $336,252,000 (2558.70%) | $12,647,250 |
SOC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Cost of Revenue | $87,877,000 (44.79%) | $60,693,000 (-3.02%) | $62,585,000 (0%) | $0 |
Selling General & Administrative Expense | $229,140,000 (1695.35%) | $12,763,000 (-0.34%) | $12,807,000 (661.05%) | $1,682,816 |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Operating Expenses | $238,874,000 (607.13%) | $33,781,000 (-97.65%) | $1,437,966,000 (85349.98%) | $1,682,816 |
Interest Expense | $67,314,000 (0%) | $0 (0%) | $0 (0%) | $0 |
Income Tax Expense | -$48,000 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Consolidated Income | -$617,278,000 (-558.97%) | -$93,673,000 (93.75%) | -$1,498,696,000 (-35172.98%) | $4,273,078 |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income | -$617,278,000 (-558.97%) | -$93,673,000 (93.75%) | -$1,498,696,000 (-35172.98%) | $4,273,078 |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Income Common Stock | -$617,278,000 (-558.97%) | -$93,673,000 (93.75%) | -$1,498,696,000 (-35172.98%) | $4,273,078 |
Weighted Average Shares | $67,015,860 (404.18%) | $13,292,182 (-63.01%) | $35,937,500 (13.71%) | $31,605,308 |
Weighted Average Shares Diluted | $67,015,860 | - | $35,937,500 (13.71%) | $31,605,308 |
Earning Before Interest & Taxes (EBIT) | -$550,012,000 (-487.16%) | -$93,673,000 (93.75%) | -$1,498,696,000 (-35172.98%) | $4,273,078 |
Gross Profit | -$87,877,000 (-44.79%) | -$60,693,000 (3.02%) | -$62,585,000 (0%) | $0 |
Operating Income | -$326,751,000 (-245.86%) | -$94,474,000 (93.70%) | -$1,500,551,000 (-89069.05%) | -$1,682,816 |
SOC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$276,247,000 (0%) | $0 (0%) | $0 (0%) | -$287,500,000 |
Net Cash Flow from Financing | $721,653,000 (929.49%) | $70,098,000 (-12.83%) | $80,414,000 (-72.25%) | $289,821,578 |
Net Cash Flow from Operations | -$162,968,000 (-132.49%) | -$70,098,000 (12.83%) | -$80,414,000 (-3905.03%) | -$2,007,824 |
Net Cash Flow / Change in Cash & Cash Equivalents | $282,438,000 (0%) | $0 (0%) | $0 (0%) | $313,754 |
Net Cash Flow - Business Acquisitions and Disposals | -$203,945,000 (0%) | $0 (0%) | $0 (0%) | $0 |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$287,500,000 |
Capital Expenditure | -$72,302,000 (0%) | $0 (0%) | $0 (0%) | $0 |
Issuance (Repayment) of Debt Securities | -$21,514,000 (0%) | $0 (0%) | $0 (0%) | $1,121,374 |
Issuance (Purchase) of Equity Shares | $743,167,000 (0%) | $0 (0%) | $0 (0%) | $281,750,000 |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Share Based Compensation | $91,609,000 (0%) | $0 (0%) | $0 (0%) | $0 |
Depreciation Amortization & Accretion | $10,805,000 (-48.59%) | $21,018,000 (0.80%) | $20,852,000 (0%) | $0 |
SOC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | - | - | - | - |
Profit Margin | - | - | - | - |
EBITDA Margin | - | - | - | - |
Return on Average Equity (ROAE) | -263.10% (-357.57%) | -57.50% (96.66%) | -1723.50% (-1448.52%) | -111.30% |
Return on Average Assets (ROAA) | -44.10% (-88.46%) | -23.40% (93.83%) | -379.20% (-25380.00%) | 1.50% |
Return on Sales (ROS) | - | - | - | - |
Return on Invested Capital (ROIC) | -29.60% (-22.31%) | -24.20% (93.69%) | -383.80% (-25686.67%) | 1.50% |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -2.49 | - | -143.57 (-306.79%) | 69.43 |
Price to Sales Ratio (P/S) | - | - | - | - |
Price to Book Ratio (P/B) | 5.31 (1088.14%) | 0.45 (-55.12%) | 1 (103.69%) | -27 |
Debt to Equity Ratio (D/E) | 3.12 (183.99%) | 1.1 (13.07%) | 0.97 (190.59%) | -1.07 |
Earnings Per Share (EPS) | -9.21 | - | -0.07 (-150.00%) | 0.14 |
Sales Per Share (SPS) | 0 (0%) | 0 (0%) | 0 (0%) | 0 |
Free Cash Flow Per Share (FCFPS) | -3.51 (33.43%) | -5.27 (-135.66%) | -2.24 (-3396.88%) | -0.06 |
Book Value Per Share (BVPS) | 5.73 (-77.52%) | 25.5 (152.78%) | 10.09 (2566.99%) | -0.41 |
Tangible Assets Book Value Per Share (TABVPS) | 23.62 (-55.87%) | 53.53 (169.06%) | 19.9 (118.03%) | 9.13 |
Enterprise Value Over EBIT (EV/EBIT) | -5 (-150.00%) | -2 (0%) | 0 (0%) | 82 |
Enterprise Value Over EBITDA (EV/EBITDA) | -4.7 (-120.84%) | -2.13 (-767.76%) | -0.24 (-100.30%) | 81.76 |
Asset Turnover | 0 (0%) | 0 (0%) | 0 (0%) | 0 |
Current Ratio | 2.94 (224.94%) | 0.91 (-14.77%) | 1.06 (54.96%) | 0.69 |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Free Cash Flow (FCF) | -$235,270,000 (-235.63%) | -$70,098,000 (12.83%) | -$80,414,000 (-3905.03%) | -$2,007,824 |
Enterprise Value (EV) | $2,531,323,863 (1538.80%) | $154,462,229 (-57.37%) | $362,291,637 (3.69%) | $349,382,341 |
Earnings Before Tax (EBT) | -$617,326,000 (-559.02%) | -$93,673,000 (93.75%) | -$1,498,696,000 (-35172.98%) | $4,273,078 |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$539,207,000 (-642.15%) | -$72,655,000 (95.08%) | -$1,477,844,000 (-34685.00%) | $4,273,078 |
Invested Capital | $1,960,271,000 (182.59%) | $693,679,000 (-0.74%) | $698,848,000 (142.79%) | $287,841,161 |
Working Capital | $234,604,000 (13990.11%) | -$1,689,000 (-264.46%) | $1,027,000 (365.40%) | -$386,969 |
Tangible Asset Value | $1,583,172,000 (122.49%) | $711,581,000 (-0.48%) | $715,032,000 (147.90%) | $288,439,429 |
Market Capitalization | $2,040,386,863 (1247.70%) | $151,397,953 (-58.08%) | $361,171,875 (3.40%) | $349,312,500 |
Average Equity | $234,577,250 (43.89%) | $163,019,983 (87.47%) | $86,955,728 (2365.63%) | -$3,838,030 |
Average Assets | $1,398,255,750 (249.62%) | $399,935,866 (1.19%) | $395,219,649 (36.91%) | $288,671,892 |
Invested Capital Average | $1,856,272,500 (378.76%) | $387,725,586 (-0.71%) | $390,481,866 (35.63%) | $287,897,692 |
Shares | 89,099,863 (570.32%) | 13,292,182 (-63.01%) | 35,937,500 (0.00%) | 35,937,500 |
