SOCSable Offshore Corp.
Crude Petroleum & Natural Gas
- Revenue
- $0
- Operating margin
- —
- EBITDA
- −$408M
- 332% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $947M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowClear-65% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2025 | YoY |
|---|---|---|---|---|---|
| Revenue | — | — | $0 | $0 | |
| Operating income | −$2M | −$6M | −$94M | −$408M | 332% |
| Net income | $4M | −$3M | −$94M | −$410M | 338% |
| Operating cash flow | −$2M | −$2M | −$70M | −$352M | 402% |
| Capex | — | — | $0 | $418M | |
| Stock-based comp | — | — | $0 | $43M | |
| Buybacks | — | $0 | $230M | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.