Free Trial
NYSE:SOC

Sable Offshore Q2 2024 Earnings Report

Sable Offshore logo
$13.41 -0.85 (-5.97%)
Closing price 03:59 PM Eastern
Extended Trading
$13.38 -0.03 (-0.19%)
As of 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Sable Offshore EPS Results

Actual EPS
-$2.75
Consensus EPS
-$0.39
Beat/Miss
Missed by -$2.36
One Year Ago EPS
N/A

Sable Offshore Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Sable Offshore Announcement Details

Quarter
Q2 2024
Time
After Market Closes
Conference Call Date
Tuesday, August 13, 2024
Conference Call Time
4:00PM ET

Upcoming Earnings

Sable Offshore's Q2 2026 earnings is estimated for Wednesday, May 6, 2026, based on past reporting schedules

Sable Offshore Earnings Headlines

I’m sounding the alarm
Meta is cutting 10% of its workforce. Microsoft offered voluntary retirement to 7% of U.S. employees. Oracle, Amazon, Snap, and Block have done the same. Most assume this is about AI - but investor Porter Stansberry says the real driver runs far deeper. Goldman Sachs estimates 12,400 Americans are being financially harmed every day by this shift, while others grow wealthier. Stansberry - who predicted the internet economy's rise and recommended Amazon, Qualcomm, and Texas Instruments before they were household names - is now releasing a new investigation he calls The Final Displacement.tc pixel
See More Sable Offshore Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Sable Offshore? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Sable Offshore and other key companies, straight to your email.

About Sable Offshore

Sable Offshore (NYSE:SOC) (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services. Sable Offshore markets its crude oil and natural gas production through a combination of long-term offtake agreements and spot sales into regional pipeline networks and downstream facilities, balancing price stability with market flexibility.

Strategic partnerships with industry peers and service contractors enable the company to access advanced geophysical analysis, drilling rigs and reservoir management expertise. Emphasizing safety, environmental stewardship and regulatory compliance, Sable Offshore implements rigorous operational controls, continuous monitoring and risk-mitigation practices across its project portfolio.

As a New York Stock Exchange–listed entity, Sable Offshore adheres to established corporate governance standards and transparent reporting protocols. Its management team comprises experienced energy professionals who pursue disciplined capital allocation, portfolio optimization and growth initiatives designed to enhance shareholder value over the long term.

View Sable Offshore Profile