SOC Q2 2024 Earnings — Sable Offshore Corp. Revenue & Financial Results | Market Cap Arena

SOCSable Offshore Corp.

$1B

Q2 2024 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$0

Gross Profit

-$3M

Operating Income

-$62M

Net Income

-$165M

EPS (Diluted)

$-2.75

QoQ Revenue Growth

NaN%

Cash Flow

Operating Cash Flow

-$58M

Free Cash Flow

-$62M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.1B

Stockholders' Equity

$122M

Cash & Equivalents

$112M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$0	$0	—
Gross Profit	-$3M	-$5M	+48.2%
Operating Income	-$62M	-$22M	-178.9%
Net Income	-$165M	-$22M	-641.6%