Sable Offshore Corp

For the period ended Sep 30, 2024. Filed Nov 14, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 14, 2024

SOC$0.75-14.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Operations

Successor · Predecessor · Successor · Predecessor
	Three Months Ended September 30, 2024	Three Months Ended September 30, 2023	February 14, 2024—September 30, 2024	January 1, 2024—February 13, 2024	Nine Months Ended September 30, 2023
Revenue
Oil and gas sales	$—	$—	$—	$—	$—
Total revenue	—	—	—	—	—
Operating Expenses
Operations and maintenance expenses	25,629	14,258	59,241	7,320	43,167
Depletion, depreciation, amortization and accretion	2,755	5,255	6,856	2,627	15,764
General and administrative expenses	26,225	3,022	209,890	1,714	9,107
Total operating expenses	54,609	22,535	275,987	11,661	68,038
Loss from operations	(54,609)	(22,535)	(275,987)	(11,661)	(68,038)
Other expenses:
Change in fair value of warrant liabilities	178,199	—	257,614	—	—
Other expense (income)	2,728	535	(72)	128	533
Interest expense	19,169	—	48,145	—	—
Total other expense, net	200,096	535	305,687	128	533
Loss before income taxes	(254,705)	(23,070)	(581,674)	(11,789)	(68,571)
Income tax expense	865	—	19,437	—	—
Net loss	$(255,570)	$(23,070)	$(601,111)	$(11,789)	$(68,571)
Basic and diluted net loss per Common Stock
Weighted average Common Stock outstanding, basic and diluted	62,166,298	n/a	60,969,774	n/a	n/a
Basic and diluted net loss per Common Stock	$(4.11)	n/a	$(9.86)	n/a	n/a

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.