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	Sep '25 Sep 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	41.63	300.38	-	0.1	0.32	0.01
Cash & Short-Term Investments	41.63	300.38	-	0.1	0.32	0.01
Cash Growth	-85.56%	-	-	-68.94%	3480.74%	-
Inventory	25.07	15.34	16.21	-	-	-
Prepaid Expenses	11.32	4.17	-	0.09	0.52	-
Restricted Cash	-	35.39	-	-	-	-
Other Current Assets	-	-	-	-	-	0.3
Total Current Assets	78.02	355.28	16.21	0.19	0.84	0.3
Property, Plant & Equipment	1,533	1,212	695.37	-	-	-
Other Long-Term Assets	39.08	16.21	-	290.72	287.59	-
Total Assets	1,650	1,583	711.58	290.91	288.44	0.3
Accounts Payable	53.33	16.81	3.24	1.99	0.28	0.24
Accrued Expenses	110.37	67.91	2.15	-	-	-
Short-Term Debt	-	-	-	1.78	0.96	0.04
Current Portion of Leases	1.43	0.92	1.15	-	-	-
Current Income Taxes Payable	-	-	-	0.33	-	-
Other Current Liabilities	-	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	18.5	16.99	5.32	-	-	-
Long-Term Deferred Tax Liabilities	26.5	1.16	-	-	-	-
Other Long-Term Liabilities	194.86	226.62	349.34	302.5	300.15	-
Total Liabilities	1,302	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	1,394	1,082	-	-	-	0.02
Retained Earnings	-1,046	-698.3	-	-18.33	-12.94	-0
Shareholders' Equity	348.08	384.19	339.02	-18.33	-12.94	0.02
Total Liabilities & Equity	1,650	1,583	711.58	290.91	288.44	0.3
Total Debt	916.5	851.45	6.47	1.78	0.96	0.04
Net Cash (Debt)	-874.87	-551.06	-6.47	-1.68	-0.63	-0.03
Net Cash Per Share	-9.71	-8.22	-0.36	-0.05	-0.02	-0.01
Filing Date Shares Outstanding	144.96	89.41	60.17	15.62	35.94	6.25
Total Common Shares Outstanding	99.51	89.31	13.29	35.94	35.94	6.25
Working Capital	-983.68	234.6	-1.69	-6.55	-0.39	0.02
Book Value Per Share	3.50	4.30	25.51	-0.51	-0.36	0.00
Tangible Book Value	348.08	384.19	339.02	-18.33	-12.94	0.02
Tangible Book Value Per Share	3.50	4.30	25.51	-0.51	-0.36	0.00

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q