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. New Risk • May 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$761m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$761m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Minor Risks Significant insider selling over the past 3 months (€12m sold). Revenue is less than US$5m (US$1.3m revenue). 공시 • May 05
Sable Offshore Corp., Annual General Meeting, Jun 10, 2026 Sable Offshore Corp., Annual General Meeting, Jun 10, 2026. Recent Insider Transactions • Apr 07
Executive VP recently sold €4.0m worth of stock On the 31st of March, Anthony Duenner sold around 279k shares on-market at roughly €14.47 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.1m more than they bought in the last 12 months. Breakeven Date Change • Mar 31
Forecast breakeven date moved forward to 2026 The 3 analysts covering Sable Offshore previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$160.2m in 2026. Earnings growth of 92% is required to achieve expected profit on schedule. Breakeven Date Change • Feb 28
Forecast breakeven date moved forward to 2026 The 3 analysts covering Sable Offshore previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of US$6.80m in 2026. Average annual earnings growth of 92% is required to achieve expected profit on schedule. 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 New Risk • Dec 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$668m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$668m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m. 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. Board Change • Nov 26
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. 
