Sable Offshore Past Earnings Performance
Past criteria checks 0/6
Sable Offshore's earnings have been declining at an average annual rate of -112.9%, while the Oil and Gas industry saw earnings growing at 40.9% annually.
Key information
-112.9%
Earnings growth rate
-130.0%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | n/a |
| Return on equity | -344.2% |
| Net Margin | n/a |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
No updates
Revenue & Expenses Breakdown
How Sable Offshore makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 0 | -565 | 113 | 0 |
| 30 Jun 24 | 0 | -332 | 89 | 0 |
| 31 Mar 24 | 0 | -189 | 137 | 0 |
| 31 Dec 23 | 0 | -32 | 5 | 0 |
| 30 Sep 23 | 0 | -80 | 13 | 0 |
| 30 Jun 23 | 0 | -57 | 12 | 0 |
| 31 Mar 23 | 0 | -32 | 9 | 0 |
| 31 Dec 22 | 0 | -3 | 6 | 0 |
| 30 Sep 22 | 0 | 8 | 3 | 0 |
| 30 Jun 22 | 0 | 19 | 2 | 0 |
| 31 Mar 22 | 0 | 11 | 2 | 0 |
| 31 Dec 21 | 0 | 4 | 2 | 0 |
Quality Earnings: SOC is currently unprofitable.
Growing Profit Margin: SOC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOC is unprofitable, and losses have increased over the past 5 years at a rate of 112.9% per year.
Accelerating Growth: Unable to compare SOC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-14.4%).
Return on Equity
High ROE: SOC has a negative Return on Equity (-344.19%), as it is currently unprofitable.