Sable Offshore Corp. (SOC)
| Market Cap | 1.89B -35.4% |
| Revenue (ttm) | 1.27M |
| Net Income | -497.64M |
| EPS | -4.40 |
| Shares Out | 154.36M |
| PE Ratio | n/a |
| Forward PE | 5.68 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,224,252 |
| Open | 13.64 |
| Previous Close | 13.54 |
| Day's Range | 12.21 - 13.72 |
| 52-Week Range | 3.72 - 32.18 |
| Beta | -0.23 |
| Analysts | Buy |
| Price Target | 27.00 (+120.41%) |
| Earnings Date | May 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]
Financial Performance
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for SOC stock is "Buy." The 12-month stock price target is $27.0, which is an increase of 120.41% from the latest price.
News
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…
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…
Sable Offshore says Platform Hondo expected to come online in Q3
Sable Offshore (SOC) says Platforms Harmony and Heritage began flowing in May 2025 and April 2026, respectively, with Platform Hondo expected to come online in Q3 2026. Sable says it…
Sable Offshore sees Q2-Q4 CapEx $170M-$195M
Sees Q2-Q4 gross average daily production 42.5-47.5 MBoe/d, with net average daily production 35-40 MBoe/d. Sees FY27 CapEx $70M-$90M, with gross average daily production 55-60 MBoe/d and net average ...
Sable Offshore sees Q2-Q4 unlevered free cash flow $271M-$384M
Sees FY27 unlevered free cash flow $639M-$866M, and FY28 unlevered free cash flow $532M-$734M.
Sable Offshore Transcript: Investor update
Production has ramped to 46,000 barrels/day, with further increases expected as a third platform comes online. Low-cost reserve replacement and strong free cash flow underpin refinancing efforts and future shareholder returns, while regulatory and marketing strategies aim to secure long-term value.
Sable Offshore Slides: Corporate presentation
Sable Offshore has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.
Sable Offshore Corp. to Host Conference Call on June 1, 2026
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. to Host Conference Call on June 1, 2026.
District court denies California parks department bid to block Sable Offshore pipeline
A U.S. District Court on Thursday denied the California Department of Parks and Recreation's bid to stop oil producer Sable Offshore Corp from moving oil on a long-disputed pipeline linked to the Sa...
Sable Offshore Corp put volume heavy and directionally bearish
Bearish flow noted in Sable Offshore (SOC) Corp with 1,226 puts trading, or 3x expected. Most active are Jan-27 50 calls and 5/29 weekly 13 puts, with total volume in…
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…
Sable Offshore Corp. Reports First Quarter 2026 Financial Results
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. First Quarter 2026 Financial Results.
Sable Offshore Quarterly report: Q1 2026
Sable Offshore has published its Q1 2026 quarterly earnings report on May 6, 2026.
Sable Offshore Earnings release: Q1 2026
Sable Offshore released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
Sable Offshore Proxy statement: Proxy filing
Sable Offshore filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.
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…
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...
Sable Offshore Corp. Provides Corporate Update
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Corporate Update.
Sable Offshore Slides: Investor presentation
Sable Offshore has posted slides in relation to its latest quarterly earnings report, which was published on April 20, 2026.
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 ...
Sable Offshore falls -6.7%
Sable Offshore (SOC) is down -6.7%, or -$1.20 to $16.64.
Sable Offshore Stock (SOC) Gains on Finally Starting Oil Sales — Is This a Turning Point?
On Sunday, Sable Offshore ($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…
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…
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.
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…