---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-199810"
form_type: "8-K"
ticker: "SOC"
cik: "0001831481"
company_name: "Sable Offshore Corp."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:48:26.344766+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sable Offshore posts Q2 net loss of $165.4M; receives final approval for SYU assignment

## Summary
- Net loss of $165.4M driven by change in warrant liabilities, restart expenses, and stock-based compensation.
- Ended Q2 with $790.4M debt, $112.1M cash, and $35.1M restricted cash.
- Received final BSEE/BOEM approval for assignment of Santa Ynez Unit (16 leases, ~76,000 acres, 3 platforms).
- OSFM reaffirmed 2021 Plan for Pipelines; new implementation deadline July 1, 2025.
- County of Santa Barbara deemed complete applications for change of ownership/operator of SYU and pipelines.

## SEC filing metadata
- accession: 0001193125-24-199810
- form_type: 8-K
- ticker: SOC
- cik: 0001831481
- company_name: Sable Offshore Corp.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831481/000119312524199810/0001193125-24-199810-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831481/000119312524199810/d709391d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-199810
- JSON: https://secwatch.observer/filing/0001193125-24-199810.json
- Plain text: https://secwatch.observer/filing/0001193125-24-199810.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.