Sable Offshore Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-509.35	-629.07	-93.67	-2.59	4.27	-0.01
Depreciation & Amortization	13.72	13.43	21.02	-	-	-
Other Amortization	0.82	1.01	-	-	-	-
Stock-Based Compensation	38.82	91.61	-	-	-	-
Other Operating Activities	84.49	71.26	-	-4.32	-5.96	0.01
Change in Inventory	-2.24	7.26	2.2	-	-	-
Change in Accounts Payable	23.28	46.05	-4.43	4.35	0.28	-0
Change in Income Taxes	-	-	-	0.33	-	-
Change in Other Net Operating Assets	138.34	213.06	4.79	0.51	-0.6	-
Operating Cash Flow	-212.04	-185.44	-70.1	-1.71	-2.01	-0
Capital Expenditures	-261.15	-72.3	-	-	-	-
Cash Acquisitions	0.21	-203.95	-	-	-	-
Other Investing Activities	-	-	-	0.79	-287.5	-
Investing Cash Flow	-260.94	-276.25	-	0.79	-287.5	-
Short-Term Debt Issued	-	-	-	0.71	1.2	-
Total Debt Issued	-	-	-	0.71	1.2	0.17
Short-Term Debt Repaid	-	-1.13	-	-	-0.08	-
Long-Term Debt Repaid	-	-18.75	-	-	-	-
Total Debt Repaid	-	-19.88	-	-	-0.08	-
Net Debt Issued (Repaid)	-	-19.88	-	0.71	1.12	0.17
Issuance of Common Stock	628.51	796.24	70.1	-	281.75	0.1
Other Financing Activities	-19.92	-32.23	-	-	6.95	-0.24
Financing Cash Flow	608.6	744.13	70.1	0.71	289.82	0.04
Net Cash Flow	135.61	282.44	-	-0.22	0.31	0.04
Free Cash Flow	-473.2	-257.74	-70.1	-1.71	-2.01	-0
Free Cash Flow Per Share	-5.85	-3.85	-3.88	-0.05	-0.06	-0.00
Cash Income Tax Paid	-	-	-	0.43	-	-
Levered Free Cash Flow	-325.34	-98.28	-41.85	1.27	-1.24	-
Unlevered Free Cash Flow	-275.94	-57.22	-41.85	1.27	-1.24	-
Change in Working Capital	159.46	266.31	2.56	5.19	-0.33	-0

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q