References in this section to we, our and us generally refer to Legacy Sable prior to the Business Combination and Sable after the Business Combination. Overview Sable Offshore Corp. ( Sable ) (formerly known as Flame Acquisition Corp. or Flame ) was a blank check company originally incorporated on October 16, 2020 as a Delaware corporation for the purpose of effecting a merger, share exchange,…
Negative free cash flow of -$769M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$1M
Net Income (TTM)
-$498M
Op. Margin
-36761.68%
ROIC
-27.24%
Cash Flow & Balance Sheet
FCF (TTM)
-$761M
Op. Cash Flow (TTM)
-$386M
Net Debt
$904M
Cash & Equiv.
$52M
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