Sable Offshore Corp. (SOC)

NYSE: SOC · Real-Time Price · USD
4.250
-0.150 (-3.41%)
At close: Jul 2, 2026, 4:00 PM EDT
4.220
-0.030 (-0.71%)
After-hours: Jul 2, 2026, 7:59 PM EDT
Market Cap656.04M -70.8%
Revenue (ttm)1.27M
Net Income-497.64M
EPS-4.40
Shares Out 154.36M
PE Ration/a
Forward PE2.20
Dividendn/a
Ex-Dividend Daten/a
Volume26,969,263
Open4.210
Previous Close4.400
Day's Range3.850 - 4.420
52-Week Range2.880 - 32.180
Beta-0.08
AnalystsBuy
Price Target24.67 (+480.47%)
Earnings DateAug 11, 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 $24.67, which is an increase of 480.47% from the latest price.

Price Target
$24.67
(480.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sable Offshore price target lowered to $15 from $22 at Roth Capital

Roth Capital analyst Leo Mariani lowered the firm’s price target on Sable Offshore (SOC) to $15 from $22 and keeps a Buy rating on the shares. The company priced a…

Other symbols: XOM
2 days ago - TheFly

Sable Offshore prices offerings of common stock, convertible senior notes

Sable Offshore (SOC) announced the pricing of its concurrent public offerings of 32,467,533 shares of common stock, at a public offering price of $3.08 per share, and $300M aggregate principal…

2 days ago - TheFly

Sable Offshore 32.5M share Secondary priced at $3.08

JPMorgan acted as sole book running manager for the offering.

2 days ago - TheFly

Sable Offshore Corp. Prices Offerings of Common Stock and Convertible Senior Notes

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Prices Offerings of Common Stock and Convertible Senior Notes.

2 days ago - Business Wire

JPMorgan seeing limited demand for Sable loan, Bloomberg says

JPMorgan, which is running Sable Offshore’s (SOC) stock and note offering, is seeing limited investor demand despite the loan paying a “hefty” 15% interest rate, Jeannine Amodeo and Reshmi Basu…

Other symbols: XOM
3 days ago - TheFly

Sable Offshore Stock (SOC) Sinks 40% on $1.2B Capital Raise Plan

Sable Offshore ($SOC) stock plunged more than 40% during Tuesday’s pre-market session after the offshore oil and gas producer revealed new financing offerings. This brings the company’s total capital ...

Other symbols: XOM
3 days ago - TipRanks

Sable Offshore down 30% to $4.80 after common stock, convertible notes offerings

08:29 EDT Sable Offshore (SOC) down 30% to $4.80 after common stock, convertible notes offerings

3 days ago - TheFly

Sable Offshore announces proposed offering of stock, senior notes

Sable Offshore (SOC) announced its intention to offer, subject to market and other conditions, $100M of common stock and $300M aggregate principal amount of convertible senior notes due 2031 in…

3 days ago - TheFly

Sable Offshore to offer $100M of common stock, $300M of convertible senior notes

Sable Offshore (SOC) announced its intention to offer $100M of common stock and $300M aggregate principal amount of convertible senior notes due 2031 in separate public offerings. J.P. Morgan is…

3 days ago - TheFly

Sable Offshore Corp. Announces Proposed Offerings of Common Stock and Convertible Senior Notes

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Proposed Offerings of Common Stock and Convertible Senior Notes.

3 days ago - Business Wire

Virginia Information Technologies Agency Selects CAI to Deliver Statewide Cybersecurity Services to Local Governments

ALLENTOWN, Pa., June 24, 2026 (GLOBE NEWSWIRE) -- CAI, a global services firm, was awarded a statewide contract with the Virginia Information Technologies Agency (VITA) to provide Security Operations ...

9 days ago - GlobeNewsWire

Quavo Fraud & Disputes Earns SOC 1® Report, Demonstrating Commitment to Financial Institution Controls

WILMINGTON, Del., June 23, 2026 (GLOBE NEWSWIRE) -- Quavo, Inc. ("Quavo"), the leading AI disputes technology partner and strategic advisor for financial institutions and technology companies, today a...

10 days ago - GlobeNewsWire

Hack The Box Expands Cyber Readiness Platform with Defensive Security, Crisis Control and Workforce Intelligence Capabilities

NEW YORK--(BUSINESS WIRE)--Hack The Box (HTB), the global leader in AI cybersecurity readiness, today announced new capabilities to help security leaders gain greater visibility into skills, performan...

Other symbols: HTB
10 days ago - Business Wire

Sable Offshore enters into senior secured term loan amendment

Sable Offshore Corp. (SOC) and Exxon Mobil (XOM) entered into an amendment to the Senior Secured Term Loan Agreement to, among other things, extend the Maturity Date, and agreed to…

Other symbols: XOM
11 days ago - TheFly

Sable Offshore Corp. Enters Into Senior Secured Term Loan Amendment and Limited Waiver Under the PSA

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Enters Into Senior Secured Term Loan Amendment and Limited Waiver Under the PSA.

11 days ago - Business Wire

F2G and Shionogi Announce Positive Topline Results From Global Phase 3 OASIS Study Evaluating Oral Olorofim Versus AmBisome® Followed by Standard of Care in Patients With Invasive Aspergillosis

MANCHESTER, United Kingdom and OSAKA, Japan, June 18, 2026 (GLOBE NEWSWIRE) -- F2G Ltd and Shionogi & Co., Ltd (Head Office: Osaka, Japan; Chief Executive Officer: Isao Teshirogi, Ph.D) (“Shionogi”) t...

15 days ago - GlobeNewsWire

Sable Offshore Corp. Announces Commencement of New Senior Secured Term Loan

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Commencement of New Senior Secured Term Loan.

17 days ago - Business Wire

Sable Platform Hondo coming online earlier than expected, says Roth Capital

Roth Capital analyst Leo Mariani says Sable Offshore (SOC), during a conference call this morning with investors, said Platform Hondo is coming online in June, which is earlier than the…

21 days ago - TheFly

Sable Offshore Transcript: Investor update

Offshore production is exceeding expectations, with new capacity coming online soon. Multiple offtake strategies, including a buoy system and SPR designation, are being pursued to enhance marketing flexibility and cash flow. Legal and refinancing efforts are progressing, with no current impact on operations.

21 days ago - Transcripts

Sable Offshore Corp. to Host Conference Call on June 12, 2026

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. to Host Conference Call on June 12, 2026.

22 days ago - Business Wire

Sable Offshore Transcript: AGM 2026

The meeting confirmed quorum, elected Gregory Pipkin as Class II Director until 2029, and ratified the appointment of Ham, Langston & Brezina LLP as auditor for 2026. A Q&A session addressed stockholder questions.

23 days ago - Transcripts

Roth sees Sable as key beneficiary of California petroleum reserve

Roth Capital analyst Leo Mariani keeps a Buy rating on Sable Offshore (SOC) after Politico reported late Friday that the Trump administration is actively discussing the establishment of a strategic…

27 days ago - TheFly

Sable jumped 8% after Politico report of California petroleum reserve talks

Shares of Sable Offshore (SOC) moved up 98c to $13.23 in after-hours trading on Friday.

27 days ago - TheFly

Trump secretaries to visit Sable Offshore, Politico reports

Secretaries Wright, Burgum and Duffy are set to visit the Sable Offshore (SOC) project this week as the White House ramps up its California oil push, Politico’s James Bikales reports…

4 weeks ago - TheFly

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

Roth Capital lowered the firm’s price target on Sable Offshore (SOC) to $22 from $24 and keeps a Buy rating on the shares following the company’s new slide deck. Sable’s…

4 weeks ago - TheFly