Sable Offshore Corp.

For the period ended Jun 30, 2026. Filed Aug 10, 2026.

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.

Jun 30, 2026 · Filed Aug 10, 2026

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

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Contents

Condensed Consolidated Statements of Operations

(dollars in thousands, except per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Revenue
Oil and natural gas liquids sales	$136,709	$—	$137,980	$—
Other	416	—	416	—
Total revenue	137,125	—	138,396	—
Operating Expenses
Operations and maintenance expenses	113,474	50,398	181,507	84,841
Depletion, depreciation, amortization and accretion	32,024	3,172	35,966	6,193
General and administrative expenses	58,521	75,318	106,571	97,650
Total operating expenses	204,019	128,888	324,044	188,684
Loss from operations	(66,894)	(128,888)	(185,648)	(188,684)
Other (income) expenses:
Change in fair value of warrant liabilities	(72,056)	(27,146)	(27,899)	(5,851)
Other income, net	(665)	(2,508)	(1,218)	(5,948)
Interest expense	43,066	21,009	77,734	42,019
Total other (income) expense, net	(29,655)	(8,645)	48,617	30,220
Loss before income taxes	(37,239)	(120,243)	(234,265)	(218,904)
Income tax expense	26,977	7,823	26,977	18,706
Net loss	$(64,216)	$(128,066)	$(261,242)	$(237,610)
Basic and diluted net loss per Common Stock
Weighted average Common Stock outstanding, basic and diluted	153,470,125	91,224,345	148,597,567	87,849,286
Basic and diluted net loss per Common Stock	$(0.42)	$(1.40)	$(1.76)	$(2.70)

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.