NYSE$SOC

Sable Offshore Corp · Q1 2025 earnings

Q1 2025 earnings ·

Briefing

Sable Offshore reported Q1 2025 net loss of $109.5M and diluted EPS of $(1.30) as pipeline restart and litigation costs continued.

The company reported a net loss of $109.5 million, or $1.30 per diluted share, for the quarter ended March 31, 2025, as it advanced the Santa Ynez Unit pipeline restart and carried litigation and financing costs with limited operating revenue.

  • Q1 net loss $109.5M; diluted EPS $(1.30).
  • Pipeline restart and regulatory work on Santa Ynez remain the operating focus.
  • Litigation reserves and interest expense weigh on near-term profitability.
  • Balance-sheet liquidity supports ongoing restart activities.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$1.30

Previous: -$2.99+56.5%
Free Cash Flow

-$110M

Previous: -$180M+39.2%
Net Income

-$110M

Previous: -$180M+39.2%
Operating Income

-$59.8M

Previous: -$159M+62.4%
Cash & Equivalents

$189M

Previous: $209M-9.6%
Total Assets

$1.56B

Previous: $1.3B+20.6%

Revenue & EPS history

Sable Offshore Corp · Revenue · Quarterly

$0

Q1 2025
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

Outlook emphasizes liquidity, cost control, and path to profitability.

Tailwinds

  • Revenue growth or collaboration funding where applicable.
  • Balance-sheet actions improve flexibility.

Headwinds

  • Operating losses remain elevated.
  • Macro or one-time items affect comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-3.0%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+3.8%

Avg return

30 days after

38%

3 / 8 earnings

Positive

+9.7%

Q1 2025

Best reaction

-28.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.0%-7.1%-14.3%
Q4 2025-4.2%-3.3%-23.2%
Q3 2025-28.9%-21.6%+4.6%
Q2 2025-2.1%-5.3%-20.4%
Q1 2025+9.7%+36.0%+16.8%
Q3 2024-1.3%-4.9%-8.4%
Q2 2024+2.9%+8.8%+49.1%
Q1 2024+5.5%+16.3%+26.3%

Discussion

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