SOC (Sable Offshore) Accumulated Depreciation: $-39.5 Mil (As of Jun. 2026)

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SOC Sable Offshore Corp SOC
22 GF Score
Price $4.74
! 3 Warning Signs
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What is Sable Offshore Accumulated Depreciation?

Sable Offshore SOC +0.42% 22 Accumulated Depreciation is $-39.5 Mil as of Jun. 2026. GuruFocus rates SOC with a GF Score™ of 22/100. The stock has 3 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Sable Offshore's quarterly accumulated depreciation increased from Dec. 2025 ($-6.0 Mil) to Mar. 2026 ($-9.9 Mil) and increased from Mar. 2026 ($-9.9 Mil) to Jun. 2026 ($-39.5 Mil).

Sable Offshore's annual accumulated depreciation declined from Dec. 2023 ($-3,693.3 Mil) to Dec. 2024 ($0.0 Mil) but then increased from Dec. 2024 ($0.0 Mil) to Dec. 2025 ($-6.0 Mil).

Sable Offshore Accumulated Depreciation Related Terms

Sable Offshore Accumulated Depreciation Historical Data

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The historical data trend for Sable Offshore's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sable Offshore Accumulated Depreciation Chart

Sable Offshore Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial 0.00 0.00 -3,693.33 0.00 -5.98

Sable Offshore Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.81 -5.44 -5.98 -9.93 -39.50
SOC
22GF Score
Sable Offshore Corp SOC
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Sable Offshore Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-39.5 Mil mean?
Sable Offshore (SOC) has a Accumulated Depreciation of $-39.5 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Sable Offshore and its competitors.
Is Sable Offshore's Accumulated Depreciation too high?
Sable Offshore's current Accumulated Depreciation is $-39.5 Mil. Overall, Sable Offshore has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Sable Offshore's Accumulated Depreciation compare to BORR and NBR?
Sable Offshore's Accumulated Depreciation of $-39.5 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Sable Offshore and its competitors. Sable Offshore's current Accumulated Depreciation is $-39.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sable Offshore stock overvalued right now?
Sable Offshore (SOC) has a current Accumulated Depreciation of $-39.5 Mil. The current Accumulated Depreciation is $-39.5 Mil. Sable Offshore's overall GF Score™ is 22/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Sable Offshore (SOC), the current Accumulated Depreciation is $-39.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sable Offshore Business Description

Industry EnergyOil & Gas
Other Exchanges 1SOC:ItalyZ2M:Germany
Address 845 Texas Avenue, Suite 2920, Houston, TX, USA, 77002
Sable Offshore Corp is a Houston-based independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California. The company operates as one reportable oil and gas segment and is engaged in the acquisition, development, exploration, and production of oil and natural gas.
22GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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