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Sable Offshore Corp. (SOC)

1.9300 +0.1100 (+6.04%)
At close: November 6 at 4:00:02 PM EST
1.9331 +0.0031 (+0.16%)
After hours: November 6 at 6:48:26 PM EST
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What's happening with SOC?

19m ago
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Sable Offshore’s latest company update described progress toward restarting Platform Hondo and expanding Santa Ynez production, with an October 2026 exit-rate target of about 45,000 gross barrels per daybefore Hondo returned. The company also faces lower realized prices, refinancing obligations, shareholder dilution, and a prior quarterly earnings miss. SOC rose 6.21% on November 6, measured on a full-day basis including regular-session and after-hours trading.

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  • Previous Close 1.8200
  • Open 1.8700
  • Bid 1.9300 x 1470000
  • Ask 1.9600 x 1260000
  • Day's Range 1.7750 - 1.9500
  • 52 Week Range 1.7750 - 19.2500
  • Volume 10,035,012
  • Avg. Volume 8,463,271
  • Market Cap (intraday) 370.308M
  • Beta (5Y Monthly) -0.09
  • PE Ratio (TTM) --
  • EPS (TTM) -3.2600
  • Earnings Date Nov 9, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 9.80
  • Moby Rating Bear

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 incorporated in 2020 and is headquartered in Houston, Texas.

www.sableoffshore.com

200

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News

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Performance Overview

Trailing total returns as of 11/6/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

SOC
78.60%
S&P 500 (^GSPC)
7.76%

1-Year Return

SOC
60.12%
S&P 500 (^GSPC)
9.77%

3-Year Return

SOC
81.78%
S&P 500 (^GSPC)
68.96%

5-Year Return

SOC
80.27%
S&P 500 (^GSPC)
57.04%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 137.12M
Earnings -64.22M
Profit Margin -46.83%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

-100M
0
100M
-15000.0%
-10000.0%
-5000.0%
0.0%

Analyst Insights

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Analyst Price Targets

8.00
9.80 Average
1.9300 Current
11.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/5/2026
Analyst William Blair
Rating Action Initiated
Rating Outperform
Price Action --
Price Target --

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    -14.02%

  • Return on Equity (ttm)

    -103.21%

  • Revenue (ttm)

    138.4M

  • Net Income Avi to Common (ttm)

    -433.79M

  • Diluted EPS (ttm)

    -3.2600

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    21.6M

  • Total Debt/Equity (mrq)

    250.01%

  • Levered Free Cash Flow (ttm)

    -493.65M

Company Insights

Research Reports

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