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Annual · values202520242023202220212020
Operating Cash Flow-351.70 M USD-162.97 M USD-3.84 M USD-1.71 M USD-2.01 M USD
Depreciation & Amortization12.89 M USD9.73 M USD21.02 M USD
Stock-Based Compensation42.68 M USD91.61 M USD0 USD
Capital Expenditures417.62 M USD72.30 M USD0 USD
Cash Flow from Investing-417.62 M USD-276.25 M USD231.58 M USD786918 USD-287.50 M USD
Cash Flow from Financing531.24 M USD721.65 M USD-227.56 M USD705000 USD289.82 M USD
Dividends Paid
Stock Buybacks230.13 M USD0 USD
Free Cash Flow-769.33 M USD-235.27 M USD-3.84 M USD

Sable Offshore Corp. is an independent oil and gas exploration and production company based in the United States. The company focuses on upstream activities, primarily developing the Santa Ynez Unit located in federal waters offshore California, using three offshore platforms and associated subsea infrastructure. Sable Offshore Corp. holds a portfolio of federal leases covering tens of thousands of offshore acres, along with pipelines that transport crude oil, natural gas, and produced water to onshore processing facilities. Formerly known as Flame Acquisition Corp., it adopted its current name in 2024 to reflect its operating focus in offshore energy. Operating within the energy sector’s oil and gas drilling industry, Sable Offshore Corp. contributes to U.S. hydrocarbon supply by targeting a mature but prolific offshore resource base with established infrastructure and regulatory frameworks. The company’s activities position it as a niche offshore operator, emphasizing safe operations and long-term resource development in a specialized segment of the domestic energy market.