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SOC Overview

-
$
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
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Intellectia

Loading chart...

High
14.150
Open
13.420
VWAP
13.45
Vol
3.86M
Mkt Cap
1.93B
Low
13.085
Amount
51.89M
EV/EBITDA(TTM)
--
Total Shares
147.24M
EV
2.75B
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. 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.
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Events Timeline

(ET)
2026-04-16
19:50:00
U.S. Stocks Hit New Highs, Energy Sector Leads
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2026-04-06 (ET)
2026-04-06
13:50:00
California AG Opposes Sable Offshore's Special Permit Request
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link
2026-03-31 (ET)
2026-03-31
12:10:00
Sable Offshore Shares Down 6.7% to $16.64
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2026-03-30 (ET)
2026-03-30
06:50:00
Sable Offshore Initiates Oil Sales, Exceeding 50,000 Barrels Per Day
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2026-03-16 (ET)
2026-03-16
16:30:00
Stocks Rebound Amid Energy Market Volatility
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2026-03-16
12:00:00
Stocks Rebound Amid Rising Oil Prices and Geopolitical Tensions
select

News

NASDAQ.COM
5.0
04-08NASDAQ.COM
Sable Offshore Executive Sells $4.66 Million in Shares
  • Executive Share Sale: On March 31, 2026, Sable Offshore's COO James Caldwell Flores sold 279,081 shares for $4.66 million, representing 24.50% of his total holdings, drawing market attention due to the significant volume.
  • Tax Obligation Coverage: According to the SEC filing, the sale was executed to cover tax withholding obligations related to the vesting of restricted stock, indicating that this transaction is routine and not necessarily a negative signal regarding the company's outlook.
  • Post-Sale Holdings: Following the sale, Flores retains 442,794 shares directly and 417,000 shares indirectly, totaling 859,794 shares, thereby maintaining substantial control and interest in the company.
  • Market Volatility Impact: Sable Offshore's stock has experienced significant volatility over the past year, with a sharp decline followed by a recent rebound, prompting analysts to advise caution for potential investors considering the stock's overall poor performance.
Fool
5.0
04-08Fool
Sable Offshore Executive's Stock Sale Raises Eyebrows
  • Executive Stock Sale: On March 31, 2026, James Caldwell Flores, President and COO of Sable Offshore, sold 279,081 shares of common stock for $4.66 million, reducing his direct holdings to 442,794 shares while indirect holdings remained unchanged, raising potential concerns about executive confidence in the company's future.
  • Transaction Context: This sale occurred at a stock price of $16.69 per share, with Sable Offshore experiencing a one-year total return of -16.65% as of April 2, 2026, indicating significant stock price declines that may affect investor sentiment.
  • Tax Obligation Impact: According to the SEC filing, the shares were sold to cover tax withholding obligations related to the vesting of restricted stock, suggesting that this transaction is routine and not indicative of a negative outlook on the company’s prospects.
  • Market Volatility: Despite the significant volatility in Sable Offshore's stock over the past year, recent price increases reflect ongoing shifts in the energy market, prompting investors to monitor market dynamics for future investment opportunities.
seekingalpha
7.0
04-06seekingalpha
California AG Opposes Sable Offshore's Safety Waiver Request
  • Stock Decline: Sable Offshore (SOC) fell 7.9% in Monday's trading, reflecting market concerns over California Attorney General Rob Bonta's announcement opposing the company's safety waiver request, indicating direct regulatory risks impacting the company's stock price.
  • Regulatory Controversy: Bonta's letter highlighted that Sable's pipelines are intrastate and thus not subject to federal oversight, emphasizing that PHMSA lacks authority to issue special permits, suggesting that the company may face prolonged legal and regulatory challenges affecting project timelines.
  • Pipeline Classification Issue: The AG accused PHMSA of illegally reclassifying the pipelines as interstate, previously classified as intrastate, which could lead to greater compliance and operational uncertainties for the company, impacting its future transportation plans.
  • Political Context: Bonta noted that the Trump administration prioritizes the fossil fuel industry, potentially jeopardizing public health and the environment, indicating that the company faces risks from shifting political landscapes that could affect its long-term strategy and market positioning.
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.
seekingalpha
8.5
03-30seekingalpha
Sable 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.
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.
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
Reason
Jefferies
Price Target
$28 -> $30
AI Analysis
2026-03-29
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.
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Valuation Metrics

The current forward P/E ratio for Sable Offshore Corp (SOC.N) is 43.10, compared to its 5-year average forward P/E of 5.48. 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
5.48
Current PE
43.10
Overvalued PE
27.36
Undervalued PE
-16.40

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
1.55
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
7.45
Undervalued EV/EBITDA
-4.34

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
1.45
Current PS
1.83
Overvalued PS
3.32
Undervalued PS
-0.42

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SOC

E
Encompass Capital Advisors LLC
Holding
SOC
+22.44%
3M Return
A
Aventail Capital Group, LP
Holding
SOC
+12.22%
3M Return
T
Two Seas Capital LP
Holding
SOC
+9.47%
3M Return
C
Caption Management, LLC
Holding
SOC
+4.85%
3M Return
B
BW Gestao de Investimentos Ltda.
Holding
SOC
+1.22%
3M Return

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Frequently Asked Questions

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

The current price of SOC is 13.11 USD — it has decreased -8.77

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. 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.

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 April 20 2026.

What is Sable Offshore Corp (SOC) market cap?

Today SOC has the market capitalization of 1.93B USD.