Sable Offshore Corp. — Third Quarter 2026 Earnings Summary

Sable Offshore Corp. reported third-quarter 2026 total revenue of $154.4 million, a 13% increase from the previous quarter, ending with $38.0 million in cash. Average daily net sales volumes rose 29% to approximately 27,000 barrels of oil per day, driven by perforation additions and stable reservoir pressures. The company sold over 16 million shares through its ATM program at an average price of $4.75, while Platform Hondo preparations continue with full production expected in December 2026. Recent marketing updates include diversifying crude sales to four Los Angeles-area refineries after a temporary halt by a sole downstream purchaser.