Welcome to our dedicated page for Sable Offshore SEC filings (Ticker: SOC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Sable Offshore Corp. (SOC) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including current reports on Form 8-K and other documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information about Sable’s operations as an independent oil and gas company focused on the Santa Ynez Unit in federal waters offshore California, as well as the financing, regulatory and legal factors that influence its business.
Through recent Form 8-K filings, Sable has reported material events such as amendments to its Senior Secured Term Loan with Exxon Mobil Corporation, including changes to maturity dates, interest terms and liquidity covenants. Other filings describe the completion of a private placement of common stock to institutional investors and how those proceeds relate to conditions for the effectiveness of the term loan amendment. Investors can review these documents to understand the company’s capital structure, debt obligations and equity financing activities.
Sable’s SEC filings also summarize key regulatory developments affecting its pipeline systems and transportation strategy. The company has furnished information on PHMSA’s confirmation that its pipeline connecting the Santa Ynez Unit to the Pentland Station terminal in Kern County, California is an interstate pipeline facility and is considered active under PHMSA regulations. Additional filings report PHMSA’s approval of Sable’s Restart Plan for the Las Flores Pipeline System and the issuance of an emergency special permit for segments of the Santa Ynez Pipeline System, which addresses enhanced integrity management practices and operational conditions.
Legal and regulatory disputes are another focus of Sable’s disclosures. Filings reference litigation with the California Coastal Commission, inverse condemnation claims and declaratory judgment actions related to state law and the Las Flores Pipeline System. They also discuss a Purchase and Sale Agreement with Exxon Mobil Corporation that includes a plugging and abandonment bonding obligation for the Santa Ynez Unit, and a Fifth Amendment that extends the timing of that obligation. On Stock Titan, these filings are accompanied by AI-powered summaries that highlight key terms, dates and obligations, helping users quickly understand the significance of each document, from financing agreements and regulatory correspondence to operational updates and legal proceedings.
Sable Offshore Corp. (SOC) filed its Q3 2025 10‑Q reporting no revenue and continued losses as it works toward first sales from the Santa Ynez Unit (SYU). The company restarted production on May 15, 2025, but oil has been stored onshore rather than sold, so operating costs flowed through without offsetting revenue.
For the three months ended September 30, 2025, Sable posted a net loss of $110.4 million (basic and diluted loss per share $1.11) on operating expenses of $119.4 million. Nine‑month net loss was $348.0 million. Cash and cash equivalents were $41.6 million at quarter‑end, down from $300.4 million at year‑end, reflecting negative operating cash flow and capital spending. The balance sheet shows a Senior Secured Term Loan of $896.6 million (including paid‑in‑kind interest) classified as current after maturity accelerated to January 9, 2026.
Sable raised equity to fund operations, including a May 2025 underwritten public offering of 10,000,000 shares at $29.50, generating approximately $282.6 million in net proceeds. Management disclosed “substantial doubt” about the company’s ability to continue as a going concern, citing remaining regulatory approvals for either the onshore pipeline plan or an offshore storage and treating vessel strategy and uncertainty around new financing or refinancing.
Sable Offshore Corp. (SOC) announced a private placement of $250 million of its common stock pursuant to subscription agreements with certain institutional investors. The announcement was made via a press release furnished under Item 7.01, with the release included as Exhibit 99.1.
This financing step signals the company’s intent to raise capital through a private sale of equity to institutional buyers, using common stock as the instrument.
Pilgrim Global Advisors LLC and Pilgrim Global ICAV filed an amended Form 4 for Sable Offshore Corp. (SOC) correcting prior Section 16 reports. They state a previously reported July 18, 2025 disposition did not occur and was actually an in-kind distribution of Sable common shares to a controlling shareholder on June 30, 2025.
They further state they are not beneficial owners under Rule 16a-1(a)(1)(v) and (x) because the Adviser lacks beneficial ownership and the Fund delegated all investment and voting authority. As a result, they assert they are not subject to Section 16(a) reporting or Section 16(b) matching, and that prior Section 16 filings, including those on March 27, 2024; May 16, 2024; August 29, 2024; September 23, 2024; October 29, 2024; October 17, 2025; and the Form 3 filed on October 17, 2025, should be deemed revoked.
Sable Offshore Corp. (SOC) — amended insider report: Pilgrim Global Advisors LLC and Pilgrim Global ICAV filed a Form 4/A stating that a previously reported April 17, 2025 disposition should not have been filed. The activity was actually an in-kind, pro rata distribution of Sable common shares to certain controlling shareholders on March 30, 2025, which did not change pecuniary interest. The Pilgrim entities state they are not beneficial owners under Rule 16a-1(a)(1)(v) and (x) due to delegated authority and that any shares are held for third-party investors. They indicate they are not subject to Section 16(a) reporting or 16(b) matching and that the prior filing should be deemed revoked.
Pilgrim Global Advisors LLC and Pilgrim Global ICAV filed an amended Form 3 for Sable Offshore Corp. (SOC), revoking a prior filing and stating they are not beneficial owners for Section 16 purposes. The amendment clarifies that any shares associated with the Pilgrim entities are held for the benefit of third‑party investors and that investment and voting authority was delegated to the Adviser.
No securities are beneficially owned. The event date is 02/14/2024, and the original filing referenced was dated 03/22/2024.
Sable Offshore Corp. announced an amendment to its Senior Secured Term Loan with Exxon that will take effect only after conditions are met, including equity contributions of at least $225.0 million, net of fees and expenses.
Once effective, the amendment extends the loan maturity to the earlier of March 31, 2027 or 90 days after first sales of Hydrocarbons, raises the interest rate from 10% to 15% per annum (compounded annually) with payments due each January 1, and permits paid‑in‑kind interest additions to principal. It also adds reporting covenants and a monthly liquidity covenant requiring at least $25.0 million in unrestricted cash.
The company furnished a press release and presentation and scheduled a special conference call on November 3, 2025 at 8:00am CST / 9:00am EST to discuss the strategic update.
Sable Offshore Corp. (SOC) furnished an Item 7.01 Form 8-K announcing it issued a press release responding to the California Office of the State Fire Marshal (OSFM). The filing includes the OSFM letter and Sable’s response as exhibits.
The materials are provided as information only and, as furnished under Item 7.01, are not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference. Exhibits: 99.1 (press release), 99.2 (OSFM letter), 99.3 (Sable response).
Pilgrim Global ICAV and Pilgrim Global Advisors LLC filed a Form 3 for Sable Offshore Corp. (SOC), reporting initial beneficial ownership as of 10/15/2025. The filing lists 9,950,749 shares of common stock held directly by Pilgrim Global ICAV.
The relationship box indicates Director. The filing states the securities may be deemed indirectly owned by Pilgrim Global Advisors LLC, and each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Sable Offshore Corp. (SOC) reported insider activity on 10/15/2025 via a Form 4 filed by Pilgrim Global ICAV and Pilgrim Global Advisors LLC (form filed by more than one reporting person). The filing lists two common stock transactions: 563,886 shares at a weighted average price of $14.74 and 418,759 shares at a weighted average price of $15.44.
Price ranges disclosed were $14.18–$15.18 and $15.19–$15.82, respectively. Following the reported transactions, 10,933,394 shares were beneficially owned directly. The reporting persons note standard disclaimers regarding beneficial ownership.
Sable Offshore Corp. furnished a communication under Item 7.01, providing an update on its ongoing litigation with the California Coastal Commission. The update was issued via a press release dated October 15, 2025 and is attached as Exhibit 99.1. The furnished information is not deemed “filed” for purposes of Section 18 of the Exchange Act and is incorporated by reference only as stated.