Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
Basics
Sector
Energy
Industry
Oil & Gas Drilling
Country
United States
Market cap
475.8M USD
Enterprise value
1.6B USD
Full-time employees
200
Overall health
Drawback:less profitable than most peersless profitable than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: less short-term liquidity (current ratio 0.24 vs a peer median of 1.37) and more debt relative to equity (2.45× vs a peer median of 0.47×)higher risk: less liquidity (current ratio 0.24 vs peers 1.37) and more debt vs equity (2.45× vs peers 0.47×)
Not enough data: growth
Would rank #363 of 363 fully scored energy companies (bottom 1%)
Much more borrowing than peers.Debt is 2.5× equity vs a peer median of 0.5×.Debt is 2.5× equity vs peers 0.5×.
Debt is 2.5× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 2.5× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.
Not profitable yet. Reported a loss in the 12 months to June 2026.
Sable Offshore reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
StockQuotient Score
2/ 100▲ 1 since Oct 27 closeOct 5 1 → Nov 4 2 (+1)
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-91.2%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield-25.4%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -2.33Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-117.4%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Why it changed since the Oct 27, 2026 close: Score 0 → 1
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Sable Offshore
Is Sable Offshore getting weaker?
Its latest SEC filing (Aug 10, 2026) got weaker in some ways: share count up 24.3%. Its overall score is 2/100, up 1 since Oct 28, 2026.
How is Sable Offshore valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 2/100 against 404 energy peers.Earnings yield -91.2% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -91.2% vs peers 5.2% (weaker than 100% of peers).
Is Sable Offshore growing?
Insufficient data: 0 of 3 inputs reported (at least 2 needed).
How profitable is Sable Offshore?
Less profitable than most of its peers. Profitability scores 1/100 against 404 energy peers.Operating margin -292.8% vs a peer median of 11.7% (weaker than 100% of peers).Operating margin -292.8% vs peers 11.7% (weaker than 100% of peers).
How risky is Sable Offshore?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 0.24× vs a peer median of 1.37× (weaker than 100% of peers).Current ratio 0.24× vs peers 1.37× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 10, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
Share count up 24.3% (existing holders diluted)
Worth watching: Sable Offshore is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.3M USD
138.4M USD
+10788.7%
Net income (12 months)
−497.6M USD
−433.8M USD
−12.8%
Operating margin
-36761.7%
-292.8%
+36468.9 pts
Free cash flow (12 months)
−761.4M USD
−558.8M USD
−26.6%
Debt
921.6M USD
968.8M USD
+5.1%
Cash
52.2M USD
21.6M USD
−58.6%
Shares outstanding
154.4M
191.9M
+24.3%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Drilling companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2025
Change
Return on assets (ROA)
1.5%
-0.9%
-13.2%
-23.6%
▼ 10 pts
Return on equity (ROE)
—
—
-27.6%
-76.8%
▼ 49 pts
Current ratio
0.69×
0.03×
0.91×
0.13×
▼ 85%
Quick ratio
—
—
—
0.12×
—
Debt to equity
—
—
0.00×
1.72×
▲ >999%
Interest coverage
—
—
—
-4.63×
—
SOC price history
Price history is added with the daily price update and will appear after the next one.