Sable Offshore Corp. Reports Second Quarter 2026 Financial and Operational Results
Sable Offshore generated $137.1 million in Q2 revenue and achieved its first full quarter of positive operating cash flow at $9.4 million. Production ramped to an exit rate of 40,000 net barrels of oil per day, though operations faced temporary midstream constraints resulting in $18.5 million in non-recurring demurrage charges.
Key figures
- Revenue
- 137100000
- Capex q2
- 39400000
- Tlb balance
- 675000000
- Equity raised
- 115000000
- Notes balance
- 345000000
- Demurrage charges
- 18500000
- Operating cash flow
- 9400000
- Avg daily sales bopd
- 21000
- Exit rate sales bopd
- 40000
- Guidance net sales 2h2026 low
- 40000
- Guidance net sales fy2027 low
- 42500
- Guidance capex 2h2026 midpoint
- 85000000
- Guidance net sales 2h2026 high
- 45000
- Guidance net sales fy2027 high
- 47500
AI analysis
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