Sable Offshore Corp. (SOC)
| Market Cap | 2.12B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | -564.72M |
| Shares Out | 89.10M |
| EPS (ttm) | -11.55 |
| PE Ratio | n/a |
| Forward PE | 21.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,098,948 |
| Open | 22.92 |
| Previous Close | 22.84 |
| Day's Range | 22.01 - 23.79 |
| 52-Week Range | 10.11 - 28.67 |
| Beta | 0.32 |
| Analysts | Buy |
| Price Target | 25.00 (+5.09%) |
| Earnings Date | Feb 20, 2025 |
About SOC
Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport 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 Co... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SOC stock is "Buy." The 12-month stock price forecast is $25.0, which is an increase of 5.09% from the latest price.
News
Sable Offshore Offers Convexity For 2025
Sable Offshore Corp. (SOC) is a high-risk investment with potential upside if the Santa Ynez pipeline reopens, expected in Q1 2025. Waivers from the California Office of the State Fire Marshal are a s...
Sable Offshore Corp. Continues to Coordinate with California Coastal Commission on Maintenance and Repair Work in the Coastal Zone
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sable Offshore Corp. Continues to Coordinate with California Coastal Commission on Maintenance and Repair Work in the Coastal Zone.
Sable Offshore Corp. Reports Third Quarter 2024 Financial and Operational Results
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Third Quarter 2024 Financial and Operational Results.
Sable Offshore Corp. Announces Completion of Redemption of Public Warrants
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Completion of Redemption of Public Warrants.
Sable Offshore Corp. Provides Update on Pacific Pipeline Company Operations
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Pacific Pipeline Company Operations.
Sable Offshore Corp. Announces Redemption of Public Warrants
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Redemption of Public Warrants.
Crude Oil Moves Higher; Sable Offshore Shares Slide
U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite falling around 0.5% on Friday.
Sable Offshore Corp. Announces $150 Million Private Placement of Shares and Update on Warrant Exercises
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces $150 Million Private Placement of Shares and Update on Warrant Exercises.
Sable Offshore Corp. Reports Second Quarter 2024 Financial and Operational Results
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Second Quarter 2024 Financial Results and Provides Operational Updates.
.conf24: Splunk Advances Digital Resilience and AI Innovation at Upcoming Annual User Conference
SAN FRANCISCO--(BUSINESS WIRE)-- #splunknews--Splunk Inc., the cybersecurity and observability leader, today announced it will host its 15th annual user conference, .conf24, from June 11-14, 2024, at ...
Sable Offshore Corp. Reports First Quarter 2024 Financial Results and Provides Operational Updates
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports First Quarter 2024 Financial Results and Provides Operational Updates.
Top 2 Energy Stocks That Are Preparing To Pump In April - Cross Timbers Royalty (NYSE:CRT), Sable Offshore (NYSE:SOC)
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.