Sable Offshore Corp. Files Q1 2025 10-Q

Ticker: SOC · Form: 10-Q · Filed: May 9, 2025 · CIK: 1831481

Sentiment: neutral

Topics: 10-Q, oil-and-gas, financials

TL;DR

Sable Offshore Corp. 10-Q filed. Q1 2025 financials out.

AI Summary

Sable Offshore Corp. filed its 10-Q for the period ending March 31, 2025. The company, formerly Flame Acquisition Corp., is involved in crude petroleum and natural gas extraction. The filing details financial information for the first quarter of 2025, including balance sheet items and changes in equity.

Why It Matters

This filing provides a snapshot of Sable Offshore Corp.'s financial health and operational status for the first quarter of 2025, crucial for investors and industry observers.

Risk Assessment

Risk Level: medium — As a company in the volatile oil and gas sector, Sable Offshore Corp. faces inherent risks related to commodity prices and operational challenges.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of Sable Offshore Corp.?

Sable Offshore Corp. is primarily involved in crude petroleum and natural gas extraction, as indicated by its SIC code [1311].

When was the company formerly known as Flame Acquisition Corp.?

The company changed its name from Flame Acquisition Corp. on November 5, 2020.

What is the fiscal year end for Sable Offshore Corp.?

Sable Offshore Corp.'s fiscal year ends on December 31.

What is the business address of Sable Offshore Corp.?

The business address is 845 Texas Avenue, Suite 2920, Houston, TX 77002.

What period does this 10-Q filing cover?

This 10-Q filing covers the period ending March 31, 2025.

Filing Details

This Form 10-Q (Form 10-Q) was filed with the SEC on May 9, 2025 regarding Sable Offshore Corp. (SOC).

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