Sable Offshore Corp. (SOC)

NYSE: SOC · Real-Time Price · USD
25.92
-0.21 (-0.80%)
At close: Mar 28, 2025, 3:59 PM
25.91
-0.01 (-0.04%)
After-hours: Mar 28, 2025, 4:05 PM EDT
-0.80%
Market Cap 2.32B
Revenue (ttm) n/a
Net Income (ttm) -617.28M
Shares Out 89.41M
EPS (ttm) -9.21
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 443,437
Open 25.75
Previous Close 26.13
Day's Range 25.14 - 26.15
52-Week Range 10.11 - 32.33
Beta 0.32
Analysts Buy
Price Target 26.25 (+1.27%)
Earnings Date May 14, 2025

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 161
Stock Exchange NYSE
Ticker Symbol SOC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SOC stock is "Buy." The 12-month stock price forecast is $26.25, which is an increase of 1.27% from the latest price.

Price Target
$26.25
(1.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sable Offshore Corp. Reports 2024 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports 2024 Financial and Operational Results.

10 days ago - Business Wire

Sable Offshore Corp. Provides Update on Litigation Status

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Litigation Status.

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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.

4 months ago - Business Wire

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.

4 months ago - Business Wire

Sable Offshore Corp. Announces Completion of Redemption of Public Warrants

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Completion of Redemption of Public Warrants.

5 months ago - Business Wire

Sable Offshore Corp. Provides Update on Pacific Pipeline Company Operations

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Pacific Pipeline Company Operations.

6 months ago - Business Wire

Sable Offshore Corp. Announces Redemption of Public Warrants

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Redemption of Public Warrants.

6 months ago - Business Wire

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.

6 months ago - Benzinga

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.

6 months ago - Business Wire

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.

8 months ago - Business Wire

.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 ...

10 months ago - Business Wire

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.

11 months ago - Business Wire

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.

Other symbols: CRT
1 year ago - Benzinga