Sable Offshore Corp. (SOC) company profile

Sable Offshore Corp. develops and produces crude oil and natural gas. The company engages in oil and gas extraction, onshore processing, fluid stabilization, and petroleum transportation through the Santa Ynez Unit and Santa Ynez Pipeline System. Its integrated assets include offshore production, oil and water treatment, natural gas processing, and fractionation. Sable supplies its crude oil and petroleum products to regional refinery markets.

The company's operations are located in federal waters offshore California and onshore within Santa Barbara, San Luis Obispo, and Kern counties. Its footprint spans sixteen federal offshore leases across approximately 76,000 acres and roughly 1,480 onshore surface acres. Infrastructure includes three offshore platforms, named Hondo, Harmony, and Heritage, servicing 112 wells, alongside onshore treating plants, storage tanks, a power plant, and an interstate pipeline system extending over 120 miles. The provided text does not disclose the company's headquarters.

Summary of the business section of Sable Offshore's latest annual report, written by StockData.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“Each unit has an offering price of $10.00 and consists of one share of our Class A common stock and one-half of one redeemable warrant.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“As of December 31, 2025, we have approximately 200 employees, none of whom are represented by labor unions or covered by collective bargaining agreements.”