Sable Offshore (SOC)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	323.48 mm	323.48 mm	323.48 mm	323.48 mm	323.48 mm	323.48 mm
Cash burn (monthly)	(no burn)	(no burn)	84.90 mm	29.55 mm	10.55 mm	3.22 mm
Cash used (since last report)	n/a	n/a	341.47 mm	118.86 mm	42.41 mm	12.94 mm
Cash remaining	n/a	n/a	-17.99 mm	204.63 mm	281.07 mm	310.54 mm
Runway (months of cash)	n/a	n/a	-0.2	6.9	26.7	96.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

SOC institutional ownership history Ownership history

60.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	131	1	+13000.0%
Opened positions	130	0	NEW
Closed positions	0	57	EXIT
Increased positions	1	0	NEW
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	997.64 bn	0.00	NEW
Total shares	53.42 mm	8.25 mm	+547.5%
Total puts	271.70 k	0.00	NEW
Total calls	618.80 k	0.00	NEW
Total put/call ratio	0.4	–	–

Largest owners	Shares	Value	Change
Pilgrim Global ICAV	10.28 mm	$216.44 mm	+24.6%
FMR	9.03 mm	$213.27 bn	NEW
Pilgrim Global Advisors	8.79 mm	$207.73 bn	NEW
BlackRock	3.74 mm	$88.32 bn	NEW
Adage Capital Partners GP, L.L.C.	3.73 mm	$88.07 bn	NEW
Vanguard	2.82 mm	$66.65 bn	NEW
STT State Street	1.59 mm	$37.56 bn	NEW
Himalaya Capital Management	1.34 mm	$31.74 bn	NEW
Geode Capital Management	1.05 mm	$24.84 bn	NEW
Alyeska Investment	950.00 k	$22.36 bn	NEW

Largest transactions	Shares	Bought/sold	Change
FMR	9.03 mm	+9.03 mm	NEW
Pilgrim Global Advisors	8.79 mm	+8.79 mm	NEW
BlackRock	3.74 mm	+3.74 mm	NEW
Adage Capital Partners GP, L.L.C.	3.73 mm	+3.73 mm	NEW
Vanguard	2.82 mm	+2.82 mm	NEW
Pilgrim Global ICAV	10.28 mm	+2.03 mm	+24.6%
STT State Street	1.59 mm	+1.59 mm	NEW
Himalaya Capital Management	1.34 mm	+1.34 mm	NEW
Geode Capital Management	1.05 mm	+1.05 mm	NEW
Alyeska Investment	950.00 k	+950.00 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SOC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Nov 24	Gregory Phillip Pipkin	Common Stock		Acquire X	No	No	11.5	7,500	86.25 k	93,040
1 Nov 24	Gregory Phillip Pipkin	Warrants Common Stock		Dispose X	No	No	11.5	7,500	86.25 k	77,500
28 Oct 24	Michael E. Dillard	Common Stock		Acquire X	No	No	11.5	267,847	3.08 mm	422,500
28 Oct 24	Michael E. Dillard	Warrants Common Stock		Dispose X	No	No	11.5	267,847	3.08 mm	77,500
25 Oct 24	Pilgrim Global ICAV	Common Stock, par value $0.0001 per share	Conversion	Acquire C	No	No	11.5	1,453,374	16.71 mm	10,244,375
25 Oct 24	Pilgrim Global ICAV	Warrants Common Stock, par value $0.0001 per share	Conversion	Dispose C	No	No	11.5	1,453,374	16.71 mm	0
25 Oct 24	Michael E. Dillard	Warrants Common Stock	Sell	Dispose S	No	No	9.104	134,653	1.23 mm	345,347
25 Oct 24	Sarofim Christopher Binyon	Common Stock		Acquire X	No	No	11.5	250,000	2.88 mm	899,653
25 Oct 24	Sarofim Christopher Binyon	Warrants Common Stock		Dispose X	No	No	11.5	250,000	2.88 mm	77,500
23 Oct 24	Anthony Duenner	Common Stock		Acquire X	Yes	No	11.5	50,000	575.00 k	50,000