Sable Offshore CORP

Market Movers (8-K)

NYSE
Sable Offshore Corp. announces a change in its independent registered public accounting firm due to an acquisition, engaging CohnReznick LLP.
NYSE
Sable Offshore Corp. has priced concurrent offerings of $300 million in 6.5% convertible senior notes due 2031 and approximately $107 million in common stock, with net proceeds intended for debt repayment and general corporate purposes.
Capital raise
NYSE
Sable Offshore Corp. announced the launch of a proposed $1.0 billion senior secured term loan facility to replace its existing loan with Exxon Mobil Corporation and pursue additional capital markets solutions.
Capital raise
NYSE
Sable Offshore Corp. announced the results of its 2026 Annual Meeting of Stockholders, including the election of a Class II director and the ratification of its independent auditor.
NYSE
Sable Offshore Corp. released an investor presentation and reserve report detailing its Santa Ynez Unit (SYU) assets, production ramp-up, and financial outlook.
NYSE
Sable Offshore Corp. announced its first quarter 2026 financial results, reporting a net loss of $197.0 million primarily due to operating expenses from resuming oil sales and pipeline operations.
Worse than expected
Capital raise

Quarterly Earnings (10-Q)

NYSE
Sable Offshore Corp. reported resuming oil sales from its Santa Ynez Unit (SYU) in Q1 2026, driven by a Defense Production Act order, while facing significant operational costs, ongoing legal battles, and a looming debt maturity.
Capital raise
Worse than expected
NYSE
Sable Offshore Corp. reports continued net losses and significant cash burn for Q3 2025, alongside numerous legal and regulatory challenges impacting its ability to sell oil production.
Worse than expected
Delay expected
Capital raise
NYSE
Sable Offshore Corp. restarted oil production at its Santa Ynez Unit, but faces significant legal and regulatory challenges and a looming debt maturity, raising going concern doubts.
Worse than expected
Delay expected
Capital raise
NYSE
Sable Offshore Corp. continues to focus on restarting production at its Santa Ynez field, with ongoing regulatory hurdles and repair efforts impacting financial results for the first quarter of 2025.
Worse than expected
NYSE
Sable Offshore Corp. reported a net loss for the third quarter of 2024 as it continues to work towards restarting production at its Santa Ynez Unit.
Worse than expected
Capital raise
NYSE
Sable Offshore Corp. reports a net loss of $165.4 million for the second quarter of 2024, primarily due to operating expenses and changes in the fair value of warrant liabilities, following its business combination and acquisition of the Santa Ynez field.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

NYSE
Sable Offshore Corp. reported a $410.2 million net loss for 2025, facing significant regulatory and legal challenges to fully resume oil sales despite restarting limited production and pursuing an alternative offshore storage strategy.
Worse than expected
Delay expected
Capital raise
NYSE
Sable Offshore Corp.'s 10-K filing reveals ongoing challenges in restarting production at its Santa Ynez Unit (SYU) due to regulatory hurdles and legal proceedings, despite efforts to comply with safety and environmental standards.
Worse than expected
Delay expected
NYSE
Sable Offshore Corp.'s 2023 10-K filing details the completion of its business combination, acquisition of the Santa Ynez Unit assets, and plans for restarting production in the third quarter of 2024.
Worse than expected
Capital raise

Insider Trading (Form 4)

NYSE
Sable Offshore Corp. director Michael E. Dillard acquired 50,000 shares of common stock as a grant.
NYSE
Director Gregory Pipkin increased his stake in Sable Offshore Corp. through an acquisition of 50,000 shares of common stock.
NYSE
Director Christopher B. Sarofim acquired 25,000 shares of Sable Offshore Corp. common stock on May 6, 2026.
NYSE
James Caldwell Flores, President and COO of Sable Offshore Corp., acquired 200,000 shares through RSU vesting and sold a portion to cover tax obligations.
NYSE
Gregory D. Patrinely, EVP and CFO of Sable Offshore Corp., converted 200,000 restricted stock units into common stock and sold a portion to cover tax liabilities.
NYSE
Anthony Duenner, EVP of Sable Offshore Corp., converted 200,000 restricted stock units into common stock, selling a portion to cover tax obligations.

Proxy Statements (Def-14A)

NYSE
Sable Offshore Corp. will hold its annual stockholders meeting virtually on June 11, 2025, to elect a Class I director and ratify the appointment of its independent registered public accounting firm.

New Public Companies (S-1)

NYSE
Sable Offshore Corp files an S-1 registration statement to allow selling securityholders to resell up to 7.5 million shares of common stock issued in a recent PIPE investment.
Capital raise
NYSE
Sable Offshore Corp. files an amendment to its Form S-1 registration statement, covering the potential resale of up to 67,188,680 shares of common stock and various warrants by selling securityholders.
NYSE
Sable Offshore Corp. files an amendment to its Form S-1 registration statement, detailing the offer and sale of common stock and warrants by selling securityholders.
NYSE
Sable Offshore Corp. has filed a registration statement for the resale of up to 65,268,780 shares of common stock and 11,056,370 private placement warrants by selling securityholders.

Schedule 13G - Passive Investments

NYSE
Alyeska Investment Group, L.P. and Anand Parekh have filed a Schedule 13G reporting beneficial ownership of 2,689,789 shares of Sable Offshore Corp. common stock.
NYSE
Multiple entities and Michael Gorzynski collectively hold 9.3% of Sable Offshore Corp. common stock as of March 31, 2026.
NYSE
Capital International Investors has reported a 5.1% ownership stake in Sable Offshore Corp. as of March 31, 2026.
NYSE
The Vanguard Group has filed an amended Schedule 13G, reporting zero beneficial ownership in Sable Offshore Corp following an internal realignment.
NYSE
FourWorld Capital Management LLC and John Addis have reported a 5.8% beneficial ownership stake in Sable Offshore Corp. common stock.
NYSE
Pilgrim Global ICAV, Pilgrim Global Advisors LLC, and Darren Maupin jointly report a significant beneficial ownership stake of 12.9% in Sable Offshore Corp.'s common stock.