Free Trial
NYSE:SOC

Sable Offshore Q1 2025 Earnings Report

Sable Offshore logo
$22.45 +0.65 (+2.98%)
Closing price 07/11/2025 03:59 PM Eastern
Extended Trading
$22.68 +0.23 (+1.01%)
As of 07/11/2025 07:56 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 Polygon.io. Learn more.

Sable Offshore EPS Results

Actual EPS
-$1.05
Consensus EPS
-$0.43
Beat/Miss
Missed by -$0.63
One Year Ago EPS
N/A

Sable Offshore Revenue Results

Actual Revenue
$78.00 million
Expected Revenue
$21.00 million
Beat/Miss
Beat by +$57.00 million
YoY Revenue Growth
N/A

Sable Offshore Announcement Details

Quarter
Q1 2025
Time
Before Market Opens
Conference Call Date
Friday, May 9, 2025
Conference Call Time
4:00PM ET

Upcoming Earnings

Sable Offshore's Q2 2025 earnings is scheduled for Tuesday, August 12, 2025, with a conference call scheduled on Thursday, August 7, 2025 at 12:00 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Sable Offshore Earnings Headlines

Sable Offshore’s Court Motion Denied, Appeals Ongoing
Your blueprint for crypto wealth
Mark August 12th on your calendar. 27 of crypto's most successful minds are about to reveal everything…
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 a closed-end management investment company that owns and charters offshore drilling rigs to major energy companies under long-term contracts. The company’s primary business activity involves the acquisition, financing and lease of jack-up drilling units designed for shallow-water exploration and development. By securing multi-year charters with leading national and international oil companies, Sable Offshore provides stable revenue streams while facilitating global offshore drilling operations.

As of the latest portfolio, Sable Offshore’s assets include three high-specification jack-up rigs equipped for drilling in water depths up to 400 feet. These assets are deployed on long-term contracts in key hydrocarbon regions, offering services such as platform drilling, well completion and routine maintenance support. The rigs’ modular design and robust hull construction enable efficient mobilization between projects and compliance with stringent safety and environmental standards.

Founded in 2005 and listed on the New York Stock Exchange in 2006, Sable Offshore has grown through strategic rig acquisitions and contract renewals. The company initially focused on the Asia Pacific region before expanding into the Middle East and Eastern Mediterranean markets. Over time, its disciplined charter strategy and capital structure have allowed Sable Offshore to weather industry cycles and secure high-quality counterparties for its drilling units.

Governed by a board of directors with extensive backgrounds in offshore drilling and finance, Sable Offshore’s executive leadership is headed by President and Chief Executive Officer John P. Parker. Under his stewardship, the management team emphasizes operational efficiency, asset integrity and long-term contract stability. The company maintains corporate offices in Houston, Texas, and continues to explore opportunities for portfolio enhancement and geographic diversification.

View Sable Offshore Profile

More Earnings Resources from MarketBeat