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Sable Offshore

SOC · NYSE

$3.16−$0.03 (−0.94%)TodayMarket closed ·
Prev close $3.19

About SOC

Sable Offshore Corp. engages in offshore oil and gas field operations. The company is headquartered in Houston, Texas and currently employs 200 full-time employees. The company went IPO on 2021-02-25. The Company’s assets consist of three offshore platforms, Hondo, Heritage and Harmony, an onshore oil and natural gas processing facility in Goleta, California and pipeline assets. The offshore position comprises 16 federal leases across approximately 76,000 acres. The Company’s Hondo platform and the Harmony platform develop the Hondo Field, and the Heritage platform develops the Pescado and Sacate Fields. The platforms are located five to nine miles offshore of Santa Barbara County in shallow water depths of 900 to 1,200 feet and service 112 wells, comprised of 90 producers, 12 injectors and 10 idle with an additional 102 identified, undrilled opportunities. The onshore facilities occupy approximately 35 acres and comprise an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.

Employees
200
Headquarters
Houston, Texas
Listed
Feb 25, 2021
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Website
sableoffshore.com

SOC key statistics

Market cap
606.31M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
7.21M
Volume
9.14M
Open price
$3.20
High today
$3.24
Low today
$2.95
52 Week high
$19.25
52 Week low
$2.88

Sable Offshore (SOC) at a glance

Sable Offshore (SOC) last traded at $3.16, with a market cap of 606.31M and a price-to-earnings ratio of 0.00.

Today the stock has traded between $2.95 and $3.24. The current price is 7.1% above the day's low and 2.5% below its high.

Volume so far is 9.14M shares, above the average of 7.21M shares a day.

Over the past year Sable Offshore has ranged from $2.88 to $19.25, and now sits 2% of the way up that range.

Sable Offshore met or beat analyst EPS estimates in 1 of the last 8 quarters. In Q2 FY26 it reported -$0.42 per share against an estimate of $0.4156.

The average analyst price target is $9.69, 206.6% above the current price, from 5 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

80%of 5 analyst ratings say Buy
  • Buy80.0%
  • Hold20.0%
  • Sell0.0%
Price target · 5 analystsAvg $9.69
Low
$8.08
Now
$3.16
High
$11.55

SOC earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 1 of the last 8 quarters, by 16.6% on average.

  1. Q3 FY24: reported -$1.24 per share against an estimate of -$0.50
  2. Q4 FY24: reported -$0.54 per share against an estimate of -$0.2252
  3. Q1 FY25: reported -$1.05 per share against an estimate of -$0.3896
  4. Q2 FY25: reported -$1.11 per share against an estimate of -$0.7822
  5. Q3 FY25: reported -$1.11 per share against an estimate of -$0.7822
  6. Q4 FY25: reported -$0.39 per share against an estimate of -$0.4676
  7. Q1 FY26: reported -$1.37 per share against an estimate of -$0.5388
  8. Q2 FY26: reported -$0.42 per share against an estimate of $0.4156

SOC news

  • Avi Kapoor

    5 Stock Picks Last Month From Wall Street's Most Accurate Analysts

  • Press releaseBusiness Wire

    Sable Offshore Corp. Provides Operational Update

  • Press releaseBusiness Wire

    Sable Offshore Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Sable Offshore Corp. - SOC

  • Press releasePRNewswire

    Sable Offshore Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Sable Offshore Corp. - SOC

  • Press releaseBusiness Wire

    Sable Offshore Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Sable Offshore Corp. - SOC

  • Press releaseBusiness Wire

    Sable Offshore Corp. Announces Timing of Second Quarter 2026 Earnings Conference Call

  • Press releaseBusiness Wire

    Sable Offshore Corp. Reports Second Quarter 2026 Financial and Operational Results

  • Badar Shaikh

    Adam Schiff Hits Sable Offshore Over Oil Spill Risk, Then Blasts Trump's Washington Airport Makeover as Gas Prices Climb: 'Cost Is No Object...'

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.