SOC Q1 2024 Earnings — Sable Offshore Corp. Revenue & Financial Results | Market Cap Arena

SOCSable Offshore Corp.

$1B

Q1 2024 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$0

Gross Profit

-$4M

Operating Income

-$171M

Net Income

-$192M

EPS (Diluted)

$-3.19

QoQ Revenue Growth

NaN%

Cash Flow

Operating Cash Flow

-$60M

Free Cash Flow

-$60M

Stock-Based Comp.

$46,380

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.0B

Stockholders' Equity

$265M

Cash & Equivalents

$209M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$0	$0	—
Gross Profit	-$4M	-$5M	+23.8%
Operating Income	-$171M	-$23M	-636.6%
Net Income	-$192M	-$23M	-727.4%