Sable Offshore Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	247.14	300.38	-	0.1	0.32	0.01
Cash & Short-Term Investments	247.14	300.38	-	0.1	0.32	0.01
Cash Growth	120.53%	-	-	-68.94%	3480.74%	-
Inventory	20.49	15.34	16.21	-	-	-
Prepaid Expenses	4.98	4.17	-	0.09	0.52	-
Restricted Cash	35.63	35.39	-	-	-	-
Other Current Assets	-	-	-	-	-	0.3
Total Current Assets	308.24	355.28	16.21	0.19	0.84	0.3
Property, Plant & Equipment	1,427	1,212	695.37	-	-	-
Other Long-Term Assets	36.76	16.21	-	290.72	287.59	-
Total Assets	1,772	1,583	711.58	290.91	288.44	0.3
Accounts Payable	62.16	16.81	3.24	1.99	0.28	0.24
Accrued Expenses	88.61	67.91	2.15	-	-	-
Short-Term Debt	-	-	-	1.78	0.96	0.04
Current Portion of Leases	1.11	0.92	1.15	-	-	-
Current Income Taxes Payable	-	-	-	0.33	-	-
Other Current Liabilities	35	35.04	11.37	2.63	-	-
Total Current Liabilities	1,062	120.67	17.9	6.74	1.23	0.28
Long-Term Debt	-	833.54	-	-	-	-
Long-Term Leases	17.51	16.99	5.32	-	-	-
Long-Term Deferred Tax Liabilities	19.87	1.16	-	-	-	-
Other Long-Term Liabilities	226.6	226.62	349.34	302.5	300.15	-
Total Liabilities	1,326	1,199	372.56	309.23	301.38	0.28
Common Stock	0.01	0.01	339.02	0	0	0
Additional Paid-In Capital	1,382	1,082	-	-	-	0.02
Retained Earnings	-935.91	-698.3	-	-18.33	-12.94	-0
Shareholders' Equity	445.63	384.19	339.02	-18.33	-12.94	0.02
Total Liabilities & Equity	1,772	1,583	711.58	290.91	288.44	0.3
Total Debt	894.18	851.45	6.47	1.78	0.96	0.04
Net Cash (Debt)	-647.04	-551.06	-6.47	-1.68	-0.63	-0.03
Net Cash Per Share	-8.00	-8.22	-0.36	-0.05	-0.02	-0.01
Filing Date Shares Outstanding	99.51	89.41	60.17	15.62	35.94	6.25
Total Common Shares Outstanding	99.48	89.31	13.29	35.94	35.94	6.25
Working Capital	-754.2	234.6	-1.69	-6.55	-0.39	0.02
Book Value Per Share	4.48	4.30	25.51	-0.51	-0.36	0.00
Tangible Book Value	445.63	384.19	339.02	-18.33	-12.94	0.02
Tangible Book Value Per Share	4.48	4.30	25.51	-0.51	-0.36	0.00

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q