공시 • Jul 03
Sable Offshore Corp. has completed a Follow-on Equity Offering in the amount of $100.000002 million. Sable Offshore Corp. has completed a Follow-on Equity Offering in the amount of $100.000002 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 32,467,533
Price\Range: $3.08
Discount Per Security: $0.154 공시 • Jul 02
Sable Offshore Corp. has filed a Follow-on Equity Offering in the amount of $100 million. Sable Offshore Corp. has filed a Follow-on Equity Offering in the amount of $100 million.
Security Name: Common Stock
Security Type: Common Stock 공시 • Jul 01
Sable Offshore Corp. has completed a Follow-on Equity Offering in the amount of $100.000002 million. Sable Offshore Corp. has completed a Follow-on Equity Offering in the amount of $100.000002 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 32,467,533
Price\Range: $3.08 Breakeven Date Change • Jun 04
Forecast breakeven date pushed back to 2027 The 3 analysts covering Sable Offshore previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 97% to 2026. The company is expected to make a profit of US$415.6m in 2027. Average annual earnings growth of 122% is required to achieve expected profit on schedule. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Michael Dillard was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • May 05
Sable Offshore Corp., Annual General Meeting, Jun 10, 2026 Sable Offshore Corp., Annual General Meeting, Jun 10, 2026. 공시 • Feb 03
Sable Offshore Corp. has filed a Follow-on Equity Offering in the amount of $250 million. Sable Offshore Corp. has filed a Follow-on Equity Offering in the amount of $250 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Michael Dillard was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 27
Sable Offshore Corp. Announces Executive Changes, Effective November 20, 2025 On November 20, 2025, Sable Offshore Corp. announced a series of management changes. The changes include the promotion of J. Caldwell Flores, the current President of the Company, to President and Chief Operating Officer of the Company. Mr. Flores is an executive officer of the Company, as such term is defined in Rule 3b-7 promulgated under the Securities Exchange Act of 1934, as amended, and additional biographical information about Mr. Flores can be found in the Company’s definitive proxy statement for the 2025 annual meeting of shareholders, filed with the Securities and Exchange Commission on April 17, 2025. In connection with these management changes, Doss Bourgeois transitioned from Executive Vice President and Chief Operating Officer of the Company to Vice Chairman of the Company, effective November 20, 2025. The Company also made the below appointments and changes, effective November 20, 2025. None of the individuals listed below is an executive officer of the Company, as such term is defined in Rule 3b-7 promulgated under the Exchange Act. Trent Fontenot: Senior Vice President of Operations; Brian Broussard: Senior Vice President of Development; Byron Olson: Vice President, Reservoir Engineering. 공시 • Nov 10
Sable Offshore Corp. announced that it expects to receive $250.000003 million in funding Sable Offshore Corp. announced that it has entered into subscription agreements to issue 45,454,546 common shares at an issue price of $5.50 per share for gross proceeds of $250,000,003 before deducting placement agent fees and other offering expenses on November 10, 2025. The transaction includes participation from institutional investors. The private placement is expected to close on November 12, 2025, subject to the satisfaction of customary closing conditions. The shares of common stock being issued and sold in the private placement have not been registered under the Securities Act of 1933, as amended, or applicable state securities laws and may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements. Sable has agreed to file a registration statement to register the resale of the shares of common stock being sold in the private placement. 공시 • Oct 15
Sable Offshore Corp. Announces Statement on California Coastal Commission Litigation Sable Offshore Corp. provided an update regarding its ongoing litigation with the California Coastal Commission (“Coastal Commission”). In the Santa Barbara Superior Court’s tentative ruling released on October 14, 2025, the court indicated that it will deny Sable’s claims against the Coastal Commission. Sable vigorously disagrees with the court’s tentative ruling. If adopted after the court’s hearing scheduled on October 15, the ruling would have no impact on the resumption of petroleum transportation through the Las Flores Pipeline System. Additionally, oil and gas production from the federal Santa Ynez Unit and the flow of petroleum from the Santa Ynez Unit to the Las Flores Canyon processing facilities or to a potential Offshore Storage & Treating Vessel (“OS&T”) would be unaffected by rulings in the Coastal Commission litigation. Sable nevertheless intends to appeal this ruling to the California Court of Appeal if the ruling is adopted by the Santa Barbara Superior Court. Sable is suing the Coastal Commission for the damages it has caused Sable by erroneously issuing cease and desist orders during Sable’s anomaly repair program on the Las Flores Pipeline System. The anomaly repair program and hydrotesting of the Las Flores Pipeline System was completed in May 2025 in accordance with the Federal Consent Decree. Sable intends to continue its pursuit of the writ of mandate in the Court of Appeal as well as declaratory relief and inverse condemnation claims in excess of approximately $347 million. Sable continues to work diligently with the State of California to safely and responsibly resume petroleum transportation through the Las Flores Pipeline System in accordance with the Federal Consent Decree. Continued delays in approving the Restart Plans for the Las Flores Pipeline System could prompt Sable to pursue the accelerated OS&T strategy, which was utilized to process Santa Ynez Unit production in federal waters from 1981 – 1994. During that time period, the Santa Ynez Unit produced over 160 million barrels of oil equivalent. Regardless of whether California approves the resumption of petroleum transportation through the Las Flores Pipeline System, Sable plans to pursue the OS&T strategy which Sable believes will allow it to refinance its existing term loan.