---
schema_version: "secwatch.filing_event.v1"
accession: "0001831481-25-000017"
form_type: "8-K"
ticker: "SOC"
cik: "0001831481"
company_name: "Sable Offshore Corp."
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T16:30:27.660890+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sable Offshore posts $617M net loss in 2024; targets Q2 2025 production restart

## Summary
- Net loss of $617.3M driven by non-cash warrant liability changes, interest, and restart costs.
- Ended 2024 with $300.4M cash, $833.5M debt, and 89.3M shares outstanding after $773.8M equity raise.
- Received OSFM approval for enhanced pipeline integrity standards; PHMSA no-objection letter received.
- Initiated pipeline hydrotesting; expects SYU restart in Q2 2025 starting with Harmony platform.
- 2H25 guidance: 20,000–25,000 BOE/D production, $70–$90M total capex, and 5–7 workovers.

## SEC filing metadata
- accession: 0001831481-25-000017
- form_type: 8-K
- ticker: SOC
- cik: 0001831481
- company_name: Sable Offshore Corp.
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831481/000183148125000017/0001831481-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831481/000183148125000017/socc-20250317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831481-25-000017
- JSON: https://secwatch.observer/filing/0001831481-25-000017.json
- Plain text: https://secwatch.observer/filing/0001831481-25-000017.txt

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