---
schema_version: "secwatch.filing_event.v1"
accession: "0001831481-26-000105"
form_type: "8-K"
ticker: "SOC"
cik: "0001831481"
company_name: "Sable Offshore Corp."
filed_at: "2026-08-10T21:23:53+00:00"
generated_at: "2026-08-10T21:26:25.422783+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sable Offshore Q2 revenue $137.1M, first full-quarter output; cuts 2H26 capex 41%

## Summary
- Q2 2026 revenue $137.1M, operating cash flow +$9.4M; first full quarter since inception.
- Exited quarter at ~40k bbl/d oil sales, up 149% from quarter start; avg 21k bbl/d net.
- Refinanced July 2: $675M TLB (15% coupon, due 2028), $345M 6.5% converts (due 2031), $115M equity at $3.08/sh.
- 2H26 capex guidance cut 41% to $85M mid; 2027 oil ratio raised to ~100% from 91%.
- Non-recurring demurrage $18.5M; July sales ~38k bbl/d, Aug to date ~42k bbl/d.

## SEC filing metadata
- accession: 0001831481-26-000105
- form_type: 8-K
- ticker: SOC
- cik: 0001831481
- company_name: Sable Offshore Corp.
- filed_at: 2026-08-10T21:23:53+00:00
- event_type: earnings
- sentiment: positive
- 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/1831481/000183148126000105/0001831481-26-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831481/000183148126000105/socc-20260810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001831481-26-000105
- JSON: https://secwatch.observer/filing/0001831481-26-000105.json
- Plain text: https://secwatch.observer/filing/0001831481-26-000105.txt

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