Sable Offshore CEO Awarded $76 Million Despite No Oil Sales in 2025

MT Newswires Live

05/01

Sable Offshore (SOC) awarded Chief Executive Jim Flores a $76 million compensation package in 2025, according to a regulatory filing on Thursday.

This was despite the California oil driller not selling any crude during the year, Bloomberg reported.

The package was largely driven by more than $69 million in stock awards, along with a $1.3 million salary and a $3.9 million bonus, according to the regulatory filing.

Flores earned $1.7 million in 2024 with no stock awards.

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