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SOC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
19.210
Open
18.850
VWAP
18.09
Vol
5.04M
Mkt Cap
2.63B
Low
17.210
Amount
91.12M
EV/EBITDA(TTM)
--
Total Shares
147.24M
EV
3.45B
EV/OCF(TTM)
--
P/S(TTM)
--
Sable Offshore Corp. is an independent oil and gas company focused on developing the Santa Ynez Unit (SYU) in federal waters offshore California. SYU consists of three offshore platforms and a wholly owned onshore processing facility located along the Gaviota Coast at Las Flores Canyon in Santa Barbara County, California. 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 are comprised of an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.
Show More

Events Timeline

(ET)
2026-03-30
06:50:00
Sable Offshore Initiates Oil Sales, Exceeding 50,000 Barrels Per Day
select
2026-03-16 (ET)
2026-03-16
16:30:00
Stocks Rebound Amid Energy Market Volatility
select
2026-03-16
12:00:00
Stocks Rebound Amid Rising Oil Prices and Geopolitical Tensions
select
2026-03-16
10:10:00
Trump Administration Pushes Energy Production and Housing Construction
select
2026-03-16
09:00:00
Stock Futures Rise as Markets Seek Recovery
select

News

seekingalpha
8.5
03-30seekingalpha
PinnedSable Offshore Initiates Oil Sales from California Pipeline
  • Oil Sales Initiation: Sable Offshore (SOC) has commenced oil sales from California's Santa Ynez pipeline system, achieving a production rate exceeding 50,000 barrels per day, which is expected to significantly boost the company's revenue and improve cash flow.
  • Production Capacity Increase: The Harmond platform at Santa Ynez is producing approximately 22,000 gross barrels per day, with plans to restart the Heritage platform today, anticipating a total production rate exceeding 32,000 gross barrels per day, thereby enhancing the company's production capabilities.
  • Strong Market Demand: Bloomberg reported that Chevron will purchase 20,000 barrels per day of the first shipments from SOC's platforms, indicating robust market demand for SOC's products, which will help elevate the company's market position.
  • Policy Support for Restart: Energy Secretary Chris Wright acted on an executive order from President Trump to allow SOC to restart the Santa Ynez pipeline system, providing policy support that will secure the company's future production and sales.
Yahoo Finance
2.0
03-30Yahoo Finance
Energy Stocks Decline Late Monday Afternoon
  • Energy Sector Weakness: The NYSE Energy Sector Index fell by 0.6% late Monday afternoon, indicating a decline in market confidence towards energy stocks, likely influenced by concerns over global economic slowdown and uncertain demand outlook.
  • Market Sentiment Deterioration: The waning interest in energy stocks has led to a general decline in market sentiment, which could negatively impact the stock performance of related companies, especially ahead of upcoming economic data and earnings reports.
  • Uncertain Industry Outlook: As global economic uncertainties increase, fluctuations in energy demand may adversely affect the profitability of energy companies, prompting investors to reassess their investment strategies in this sector.
  • Shift in Investor Focus: Against the backdrop of declining energy stocks, investors may redirect their attention to other sectors, particularly those that tend to perform relatively well during economic slowdowns, thereby influencing capital flows.
stocktwits
8.5
03-30stocktwits
Sable Offshore Corp. Begins Oil Sales from Santa Ynez Pipeline System
  • Oil Sales Launch: Sable Offshore Corp. announced the commencement of oil sales from its Santa Ynez Pipeline System in California, resulting in a 3% rise in pre-market trading, reflecting positive market sentiment towards its recovery.
  • Production Rate Increase: The company is currently producing approximately 22,000 barrels per day at the Harmony platform, while the Heritage platform is expected to restart after final inspections with an output exceeding 30,000 barrels per day, significantly enhancing overall capacity.
  • Government Support for Restart: The restart was backed by the U.S. government under the Defense Production Act to address supply concerns amid rising fuel prices, indicating strong policy support for the energy sector.
  • Future Expansion Plans: Sable plans to bring the Hondo platform online by the end of the second quarter, further boosting its production capacity and expected to generate additional revenue streams for the company.
stocktwits
6.0
03-30stocktwits
Sable Offshore Launches Oil Sales from Controversial California Pipeline – SOC Stock Rises 3% in Pre-Market Trading
  • Stock Price Increase: Shares of Sable Offshore Corp. (SOC) rose by 3% in pre-market trading after the company announced it had begun oil sales from its Santa Ynez Pipeline System in California.

  • Oil Production Rates: The company is currently transporting oil at rates exceeding 50,000 barrels per day, with production already underway at Platform Harmony generating about 22,000 barrels per day.

  • Upcoming Restart Plans: Platform Heritage is set to restart operations following final inspections, with expected output above 30,000 barrels per day, and Platform Hondo is planned to come online by the end of the second quarter.

  • Government Support: The restart of operations is backed by the U.S. government under the Defense Production Act to address supply concerns amid rising fuel prices.

stocktwits
8.5
03-30stocktwits
Sable Offshore Shares Surge 8% as Jefferies Raises Price Target to $30
  • Price Target Upgrade: Jefferies maintained a ‘buy’ rating for Sable Offshore while raising its price target from $28 to $30, indicating increased market confidence in the company's ability to achieve first oil sales by April 1, which is expected to further boost the stock price.
  • Oil Sales Plans: Following U.S. Energy Secretary Chris Wright's directive, Sable Offshore plans to commence oil sales at a rate of 50,000 barrels per day by April 1, which is anticipated to significantly enhance the company's revenue stream and strengthen its market position.
  • Legal Litigation Risks: California has filed a lawsuit against the Energy Department, alleging that Wright's restart order violates federal law and the Constitution; if the court supports this lawsuit, it could have a substantial impact on Sable Offshore's operations, increasing legal and compliance risks.
  • Market Sentiment Shift: Despite bearish retail sentiment on Stocktwits, Sable Offshore's stock has surged 104.55% year-to-date, reflecting investor confidence in the company's future prospects, particularly with the upcoming oil sales.
stocktwits
7.5
03-24stocktwits
Sable Offshore Shares Surge – Who Might Acquire Its California Refinery Oil?
  • Trump's Executive Order: Earlier this month, Trump signed an executive order allowing Sable Offshore to restart a pipeline that had been shut down for a decade since the 2015 Refugio Beach oil spill.

  • Sable Offshore's Oil Sales: Roth Capital maintains a 'Buy' rating on Sable Offshore, predicting the company will achieve its first oil sales by April 1, with an expected output of around 50,000 barrels per day.

  • Chevron's Involvement: Chevron is reportedly planning to purchase some of the initial shipments of crude oil from Sable Offshore, with intentions to run Sable's crude at its El Segundo facility starting in April.

  • Market Reaction: Sable Offshore's shares surged nearly 7% following reports of a potential buyer, while retail sentiment around the stock has been bearish amid low message volume, despite a 58% increase in shares so far in 2026.

Wall Street analysts forecast SOC stock price to rise
4 Analyst Rating
Wall Street analysts forecast SOC stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
19.00
Averages
22.50
High
29.00
Current: 0.000
sliders
Low
19.00
Averages
22.50
High
29.00
Jefferies
Buy
maintain
$28 -> $30
AI Analysis
2026-03-29
New
Reason
Jefferies
Price Target
$28 -> $30
AI Analysis
2026-03-29
New
maintain
Buy
Reason
Jefferies raised the firm's price target on Sable Offshore to $30 from $28 and keeps a Buy rating on the shares. The firm sees the company reaching its first sales around April 1. If Sable hits that milestone, "precedent suggests the Courts will maintain the status quo," the analyst tells investors in a research note. Jefferies see further upside beyond the price target on the company's higher run rate potential, lower cost refinancing, and strip prices.
Roth Capital
Buy
maintain
$24
2026-03-24
Reason
Roth Capital
Price Target
$24
2026-03-24
maintain
Buy
Reason
Roth Capital keeps a Buy rating on Sable Offshore (SOC) with a $24 price target after the company presented at its conference. Sable is on track for its first oil sales by April 1 from the offshore Santa Ynez unit at around 50,000 barrels of oil per day, the analyst tells investors in a research note. The firm says the company is in the process of filling its oil pipeline with its 540,000 barrels of oil storage and is confident that it can fill the pipe soon and commence first sales by April 1. The company will look to deploy an oil hedging program shortly after refinancing its Exxon Mobil (XOM) term loan, Roth adds. The firm notes that Sable plans to commence a shareholder return program after getting its debt permanently refinanced and putting on hedges.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SOC
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Valuation Metrics

The current forward P/E ratio for Sable Offshore Corp (SOC.N) is -8.40, compared to its 5-year average forward P/E of 3.13. For a more detailed relative valuation and DCF analysis to assess Sable Offshore Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
3.13
Current PE
-8.40
Overvalued PE
23.49
Undervalued PE
-17.23

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
1.54
Current EV/EBITDA
-13.73
Overvalued EV/EBITDA
7.45
Undervalued EV/EBITDA
-4.37

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
1.44
Current PS
5.79
Overvalued PS
3.37
Undervalued PS
-0.49

Financials

AI Analysis
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Whales Holding SOC

E
Encompass Capital Advisors LLC
Holding
SOC
+29.83%
3M Return
A
Aventail Capital Group, LP
Holding
SOC
+15.72%
3M Return
T
Two Seas Capital LP
Holding
SOC
+3.84%
3M Return
C
Caption Management, LLC
Holding
SOC
-7.54%
3M Return
B
BW Gestao de Investimentos Ltda.
Holding
SOC
-8.43%
3M Return

Trading Trends

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Frequently Asked Questions

What is Sable Offshore Corp (SOC) stock price today?

The current price of SOC is 17.84 USD — it has decreased -3.31

What is Sable Offshore Corp (SOC)'s business?

Sable Offshore Corp. is an independent oil and gas company focused on developing the Santa Ynez Unit (SYU) in federal waters offshore California. SYU consists of three offshore platforms and a wholly owned onshore processing facility located along the Gaviota Coast at Las Flores Canyon in Santa Barbara County, California. 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 are comprised of an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.

What is the price predicton of SOC Stock?

Wall Street analysts forecast SOC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOC is22.50 USD with a low forecast of 19.00 USD and a high forecast of 29.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Sable Offshore Corp (SOC)'s revenue for the last quarter?

Sable Offshore Corp revenue for the last quarter amounts to 0.00 USD, decreased

What is Sable Offshore Corp (SOC)'s earnings per share (EPS) for the last quarter?

Sable Offshore Corp. EPS for the last quarter amounts to -0.53 USD, increased 178.95

How many employees does Sable Offshore Corp (SOC). have?

Sable Offshore Corp (SOC) has 200 emplpoyees as of March 31 2026.

What is Sable Offshore Corp (SOC) market cap?

Today SOC has the market capitalization of 2.63B USD.