profit from every $100 of sales.
$0$100
Sable Offshore
$0.75-14.69% today
-87.5% in 1 year
1-year low $0.751-year high $18.45
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Sable Offshore sold, what it kept, and what it did with the cash.
Sales went from $0 in 2021 to $0 in 2025, with -$410 million of profit last year.
SalesProfit
Sable Offshore vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Sable Offshore | No profit yet | ||
 Noble | 30.3× · Expensive | ||
 Transocean | No profit yet | ||
 Sinopec Oilfield Service | 58.4× · Expensive | ||
 ADES | 23.2× · Fair price |
AI analysis
An AI analyst reads Sable Offshore's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| – | – | -21 | -13 | |
| -2 | -6 | -94 | -408 | |
| -2 | -6 | -73 | -296 | |
| 4 | -3 | -94 | -410 | |
| 0.14 | -0.07 | -7.05 | -4.18 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| Total assets | – | 291 | 712 | 1,741 |
| Cash | – | 0 | 0 | 98 |
| Total debt | – | 2 | 7 | 943 |
| Total liabilities | – | 19 | 373 | 1,207 |
| – | 272 | 339 | 534 | |
| 32 | 36 | 13 | 98 | |
| – | -1.8% | -21.4% | -16.6% | |
| – | -1.0% | -27.6% | -76.8% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| -2 | -2 | -70 | -352 | |
| – | – | – | 418 | |
| -2 | -2 | -70 | -769 | |
| Dividends paid | – | – | – | – |
| – | 0 | 230 | – | |
| – | – | 0 | 43 |
Valuation
- –
- 0.4×
- –
- 3.5×
- –
- –
- –
- -492.7%
- -262.7%
- 0.0%
Profitability
- -6,124.7%
- -36,761.7%
- -39,153.7%
- -26,589.0%
- -71.7%
- -30.7%
- -113.8%
- -28.8%
- -71.7%
- –
Growth
- –
- –
- −196.6%
- –
- +28.6%
Financial health
- -0.2×
- 0.00
- 0.0%
- -4.6×
- 0.08
- 0.07
- 0.00
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 1%of 464
What analysts expect
- Average price target
- $28.00
- Range
- $28.00 – $28.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -1.37 | -0.64 | −114.1% |
| Feb 27, 2026 | -0.39 | -0.59 | +33.9% |
| Nov 13, 2025 | -1.11 | -0.90 | −23.3% |
| Aug 12, 2025 | -1.10 | -0.66 | −66.7% |
| May 13, 2025 | -1.05 | -0.39 | −169.2% |
| Mar 27, 2025 | -0.54 | -0.22 | −145.5% |
| Nov 14, 2024 | -1.24 | -0.45 | −178.2% |
| Aug 13, 2024 | -2.75 | -0.39 | −605.1% |
News
Rapid7 targets ~$130M 2026 free cash flow while planning first generally available autonomous SOC release around RSAC 2027Seeking Alpha · Nov 4, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/6Passes 0 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
33No pass
Benjamin Graham
21No pass
Philip Fisher
35No pass
Peter Lynch
–Not enough data
Joel Greenblatt
0No pass
Charlie Munger
39No pass
Terry Smith
40No pass
Questions about Sable Offshore
Is Sable Offshore a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 6 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Sable Offshore AI analysis
What does Sable Offshore do?
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. It is in Oil & Gas Drilling.
Does Sable Offshore pay a dividend?
No. Sable Offshore does not pay a dividend at the moment.
Is Sable Offshore stock halal?
No. Sable Offshore does not pass our halal screen: its debt is 604% of its market value, at or above the 33% limit. How we check
How has Sable Offshore stock done over the past year?
Down 87.5% over the past twelve months, to $0.75. It traded between $0.75 and $18.45 and is 95.9% below its high.
Who are Sable Offshore's competitors?
The largest listed companies in the same industry are Noble, Transocean, Sinopec Oilfield Service and ADES. The peers table on this page compares their profit, growth and price with Sable Offshore's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.