Sable Net Income from 2010 to 2024
| SOC Stock | 23.02 0.92 4.16% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -29 M | Current Value -27.5 M | Quarterly Volatility 12.4 M |
Check Sable Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sable Offshore's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 K, Other Operating Expenses of 3.5 M or Total Operating Expenses of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 25.59. Sable financial statements analysis is a perfect complement when working with Sable Offshore Valuation or Volatility modules.
Sable | Net Income |
Latest Sable Offshore's Net Income Growth Pattern
Below is the plot of the Net Income of Sable Offshore Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Sable Offshore Corp financial statement analysis. It represents the amount of money remaining after all of Sable Offshore Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Sable Offshore's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sable Offshore's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (32.18 M) | 10 Years Trend |
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Net Income |
| Timeline |
Sable Net Income Regression Statistics
| Arithmetic Mean | (5,802,772) | |
| Geometric Mean | 81,496 | |
| Coefficient Of Variation | (213.63) | |
| Mean Deviation | 9,499,882 | |
| Median | (6,628) | |
| Standard Deviation | 12,396,272 | |
| Sample Variance | 153.7T | |
| Range | 36.5M | |
| R-Value | (0.68) | |
| Mean Square Error | 89.9T | |
| R-Squared | 0.46 | |
| Significance | 0.01 | |
| Slope | (1,873,776) | |
| Total Sum of Squares | 2151.3T |
Sable Net Income History
Other Fundumenentals of Sable Offshore Corp
Sable Offshore Net Income component correlations
About Sable Offshore Financial Statements
Sable Offshore stakeholders use historical fundamental indicators, such as Sable Offshore's Net Income, to determine how well the company is positioned to perform in the future. Although Sable Offshore investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sable Offshore's assets and liabilities are reflected in the revenues and expenses on Sable Offshore's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sable Offshore Corp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | -29 M | -27.5 M | |
| Net Loss | -29 M | -27.5 M | |
| Net Loss | (1.78) | (1.69) | |
| Net Income Per E B T | 1.03 | 1.34 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sable Offshore Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sable Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sable Offshore Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sable Offshore Corp Stock:Check out the analysis of Sable Offshore Correlation against competitors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sable Offshore. If investors know Sable will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sable Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.86) | Return On Assets (0.09) | Return On Equity (6.46) |
The market value of Sable Offshore Corp is measured differently than its book value, which is the value of Sable that is recorded on the company's balance sheet. Investors also form their own opinion of Sable Offshore's value that differs from its market value or its book value, called intrinsic value, which is Sable Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sable Offshore's market value can be influenced by many factors that don't directly affect Sable Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sable Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sable Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sable Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.