Sable Offshore Corp. (SOC)

NYSE: SOC · Real-Time Price · USD
12.85
+0.02 (0.16%)
May 8, 2026, 4:00 PM EDT - Market closed
Market Cap1.98B +13.2%
Revenue (ttm)1.27M
Net Income-497.64M
EPS-4.40
Shares Out 154.36M
PE Ration/a
Forward PE4.54
Dividendn/a
Ex-Dividend Daten/a
Volume2,184,882
Open12.90
Previous Close12.83
Day's Range12.28 - 13.02
52-Week Range3.72 - 35.00
Beta-0.23
AnalystsBuy
Price Target17.33 (+34.86%)
Earnings DateMay 6, 2026

About SOC

Sable Offshore Corp. operates as an independent oil and gas company in the United States. The company operates through three platforms located in federal waters offshore California. It also owns and operates 16 federal leases across approximately 76,000 acres, as well as subsea pipelines that transports crude oil, natural gas, and produced water from the platforms to the onshore processing facilities. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was... [Read more]

Sector Energy
Founded 2020
Employees 200
Stock Exchange NYSE
Ticker Symbol SOC
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for SOC stock is "Buy." The 12-month stock price target is $17.33, which is an increase of 34.86% from the latest price.

Price Target
$17.33
(34.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sable Offshore reports Q1 EPS ($1.37), consensus (52c)

Reports Q1 revenue $1.27M, consensus $8.05M. Sable said it continues to progress discussions related to the debt refinancing of its Senior Secured Term Loan, expected to be completed in Q2

2 days ago - TheFly

Sable Offshore Corp. Reports First Quarter 2026 Financial Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. First Quarter 2026 Financial Results.

2 days ago - Business Wire

Sable Offshore Corp call volume above normal and directionally bullish

Bullish option flow detected in Sable Offshore (SOC) Corp with 4,117 calls trading, 1.3x expected, and implied vol increasing over 1 point to 112.68%. May-26 14 calls and Jul-26 26

7 days ago - TheFly

Sable Offshore price target lowered to $24 from $30 at Jefferies

Jefferies lowered the firm’s price target on Sable Offshore (SOC) to $24 from $30 and keeps a Buy rating on the shares after the company released an operational and financial

16 days ago - TheFly

Sable Offshore provides corporate update

Sable Offshore (SOC) provided a corporate update on current operational, legal and financial matters. The previously announced resumption of oil transportation through Segments 324 and 325 of the Sant...

18 days ago - TheFly

Sable Offshore Corp. Provides Corporate Update

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Corporate Update.

18 days ago - Business Wire

California AG opposes Sable Offshore special permit for pipeline

California Attorney General Rob Bonta filed a comment letter opposing the Pipeline and Hazardous Materials Safety Administration’s consideration of Sable Offshore’s (SOC) request for a special permit ...

4 weeks ago - TheFly

Sable Offshore falls -6.7%

Sable Offshore (SOC) is down -6.7%, or -$1.20 to $16.64.

5 weeks ago - TheFly

Sable Offshore Stock (SOC) Gains on Finally Starting Oil Sales — Is This a Turning Point?

On Sunday, Sable Offshore ($SOC) finally began its long-awaited oil sales from the Santa Ynez Pipeline System. However, the move, which was announced on Monday, received a modest reaction, with

Other symbols: CVXXOM
5 weeks ago - TipRanks

Sable Offshore begins oil sales from Santa Ynez Pipeline System

Sable Offshore (SOC) announced that on March 29, Sable initiated oil sales. The Santa Ynez Pipeline System was filled from Las Flores Canyon to Pentland Station at a rate in

5 weeks ago - TheFly

Sable Offshore Corp. Begins Oil Sales from the Santa Ynez Pipeline System

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Begins Oil Sales from Santa Ynez Pipeline System.

5 weeks ago - Business Wire

Sable Offshore price target raised to $30 from $28 at Jefferies

Jefferies raised the firm’s price target on Sable Offshore (SOC) to $30 from $28 and keeps a Buy rating on the shares. The firm sees the company reaching its first

5 weeks ago - TheFly

Sable Offshore oil sales at Santa Ynez imminent, says Roth Capital

Roth Capital keeps a Buy rating on Sable Offshore (SOC) with a $24 price target after the company presented at its conference. Sable is on track for its first oil

6 weeks ago - TheFly

Sable Offshore price target raised to $24 from $22 at Roth Capital

Roth Capital raised the firm’s price target on Sable Offshore (SOC) to $24 from $22 and keeps a Buy rating on the shares after the company announced that it resumed

7 weeks ago - TheFly

Trump Trade: Energy Secretary invokes Defense Production Act for Sable Offshore

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily

Other symbols: BZHCHTCOPCVXDHIHOVKBH
7 weeks ago - TheFly

Unusually active option classes on open March 16th

Unusual total active option classes on open include: Trinity Capital (TRIN), Microvast Holdings (MVST), United Airlines (UAL), Dollar Tree (DLTR), Sable Offshore Corp (SOC), Navitas Semiconductor (NVT...

7 weeks ago - TheFly

Sable Offshore Resumes Oil Transport Under Emergency Order

Sable Offshore resumed the transportation of oil through the Santa Ynez pipeline system off the California coast, following a Defense Production Act emergency directive from the Trump Administration.

7 weeks ago - WSJ

Sable Offshore resumes oil flow as ordered by federal DPA

Sable Offshore (SOC) announced that on March 14, the company resumed the transportation of hydrocarbons produced at the Santa Ynez Unit through the federally regulated and approved to operate Santa

7 weeks ago - TheFly

Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026

HOUSTON--(BUSINESS WIRE)--Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026.

7 weeks ago - Business Wire

Sable Offshore to Restart Oil Production at Santa Ynez. What It Means for the Stock.

The Trump administration greenlights Sable Offshore's efforts to restart a pipeline system off the California coast.

7 weeks ago - Barrons

Newsom says Trump, Sable Offshore ‘defying multiple court orders’

California Governor Gavin Newsom “condemned President Trump and Energy Secretary Chris Wright’s desperate, reckless, and illegal orders invoking the Defense Production Act to attempt to restart the Sa...

7 weeks ago - TheFly

Energy Secretary invokes Defense Production Act for Sable Offshore

Secretary of Energy Chris Wright Friday night directed Sable Offshore (SOC) to restore operations of the Santa Ynez Unit and Santa Ynez Pipeline System to “address supply disruption risks caused

7 weeks ago - TheFly

This little-known energy company's stock is rallying as Trump invokes 1950 powers for offshore California drilling

Trump's executive order opens the door for Sable Offshore's production in Southern California.

2 months ago - Market Watch

Sable Offshore Corp. Reports Full Year 2025 Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Full Year 2025 Results.

2 months ago - Business Wire

Overlooked Stock: SOC Starts 2026 with 30% Rally

Shares of Sable Offshore Corp. (SOC) slipped nearly 50% year-over-year, but the stock started 2026 right with a 30% rally. George Tsilis talks about the court ruling that reignited a bull run for the ...

4 months ago - Schwab Network