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09.11.26 - 12:36
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Sable Offshore Corp. Reports Third Quarter 2026 Financial and Operational Results (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced its third quarter 2026 financial and operational results.
Third Quarter 2026 Financial Results
Achieved $154.4 million in total revenue in the third quarter of 2026, representing a 13% increase quarter over quarter.
Ended the quarter with $38.0 million of cash and cash equivalents.
Ended the quarter with 207,980,283 shares of Common Stock outstanding after selling 16,110,711 shares of Common Stock in our at-the-market (“ATM”) equity program for an average price of approximately $4.75 per share during the quarter.
Third Quarter 2026 Operational Results
Reported average daily net sales volumes of approximately 27 thousand net barrels of oil per day, representing a 29% increase quarter over quarter.
Produced at an average rate of 795 gross barrels of oil per day, per well, throughout the quarter from an average of 37 wells per day.
Perforation Addition (“Perf Add”) operations continued to se...
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26.10.26 - 11:06
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Sable Offshore Corp. Announces Third Quarter 2026 Earnings Release Date and Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. (the “Company”) (NYSE: SOC) today announced that it plans to release its third quarter 2026 financial and operating results before the market opens on Monday, November 9, 2026. The Company will host a conference call and webcast to discuss the results on the same day at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).
Conference Call Information
Interested parties may register for and access the live webcast at https://sable-offshore-corp-3q-2026-earnings-call-nov-2026.open-exchange.net/ or through the Company website at sableoffshore.com. A replay of the webcast will be available on Sable's website following the call. Contacts
Harrison Breaud
Vice President, Finance & Investor Relations
IR@sableoffshore.com(713) 579-8111...
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21.08.26 - 07:36
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California oil pipeline can continue to operate, judge rules (The Guardian)
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State sought to stop system off coast of Santa Barbara from resuming operations after Trump ordered its reopening An oil pipeline can continue to operate off the California coast after a judge gave it the green light this week, despite the opposition of state regulators and environmental groups.The system off the coast of Santa Barbara resumed operations earlier this year for the first time in more than a decade after Donald Trump ordered Sable Offshore Corporation to reopen it, citing US energy needs during the war in Iran. Continue reading......
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10.08.26 - 23:27
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Sable Offshore Corp. Announces Timing of Second Quarter 2026 Earnings Conference Call (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. (“Sable”)(NYSE: SOC) announced today that it plans to host a conference call webcast on Tuesday, August 11, 2026, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss second quarter 2026 financial and operating results. Sable's financial and operating results were released after the market closed today.
Conference Call Information
https://sable-offshore-corp-2q-2026-earnings-call-aug.open-exchange.net/ Contacts
Investor Contact:
Harrison Breaud
Vice President, Finance & Investor Relations
IR@sableoffshore.com713-579-8111...
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10.08.26 - 23:21
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Sable Offshore Corp. Reports Second Quarter 2026 Financial and Operational Results (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced its second quarter 2026 financial and operational results.
Second Quarter 2026 Financial Results
Achieved $137.1 million in total revenue and generated $9.4 million of positive cash flows from operating activities in the second quarter of 2026, representing the first full quarter of revenue generation and positive operating cash flow since inception.
Reported average daily net sales volumes of approximately 21 thousand barrels of oil per day while the Company increased production and worked through midstream constraints.
Exited the second quarter with oil sales of approximately 40 thousand net barrels of oil per day, representing a 149% entry to exit oil sales growth rate compared to the first day of the quarter.
Reported $39.4 million of capital expenditures in the second quarter.
Ended the quarter with 154,531,910 shares of Common Stock outstanding.
Financial Updates
Completed refinancing trans...
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01.07.26 - 12:39
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Sable Offshore Corp. Prices Offerings of Common Stock and Convertible Senior Notes (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. (New York Stock Exchange: SOC) today announced the pricing of its concurrent public offerings of 32,467,533 shares of common stock, at a public offering price of $3.08 per share, and $300.0 million aggregate principal amount of 6.5% convertible senior notes due 2031 (the “notes”). The issuance and sale of the common stock and the notes are scheduled to settle on July 2, 2026, subject to customary closing conditions. Sable also granted the underwriters of the common stock offering a 30-day option to purchase up to an additional 4,870,129 shares of common stock solely to cover over-allotments, and granted the underwriters of the notes offering a 30-day option to purchase up to an additional $45.0 million aggregate principal amount of notes solely to cover over-allotments.
J.P. Morgan is acting as sole book-running manager for the common stock offering and the notes offering.
The notes will be senior, unsecured obligations of Sable and will accrue interest a...
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