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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
10.200
Open
9.880
VWAP
9.96
Vol
9.12M
Mkt Cap
1.56B
Low
9.555
Amount
90.80M
EV/EBITDA(TTM)
--
Total Shares
154.36M
EV
2.47B
EV/OCF(TTM)
--
P/S(TTM)
899.31
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)
2026-06-06
10:50:00
Sable Offshore Shares Rise 98 Cents to $13.23
select
2026-06-06
10:50:00
Trump Administration in Active Talks on California Petroleum Reserve
select
link
2026-06-02 (ET)
2026-06-02
10:30:00
Trump Appoints William Pulte as Acting Director of National Intelligence
select
2026-06-01 (ET)
2026-06-01
14:20:00
Sable Offshore Shares Drop 10% to $13.14
select
link

News

Yahoo Finance
4.5
06-16Yahoo Finance
Energy Stocks Decline as NYSE Energy Sector Index Drops 0.8%
  • Market Weakness: Energy stocks broadly declined on Tuesday afternoon, with the NYSE Energy Sector Index falling by 0.8%, indicating concerns over energy demand outlook that may weaken investor confidence.
  • Investor Sentiment Impact: As energy price volatility increases, investor expectations for future earnings have become more cautious, potentially affecting capital expenditures and growth plans of energy companies, thereby negatively impacting overall industry performance.
  • Industry Dynamics Shift: The decline in energy stocks may be linked to global economic slowdown and supply chain issues, which could lead to reduced demand and subsequently affect profitability and market valuations of energy companies.
  • Uncertain Long-Term Outlook: Despite the poor short-term performance of energy stocks, the rising focus on renewable energy and clean technologies may create new investment opportunities and growth momentum for the industry in the future.
seekingalpha
8.5
06-16seekingalpha
Sable Offshore Proposes $1B Senior Secured Loan Facility
  • Financing Announcement: Sable Offshore has announced a proposed senior secured term loan facility of up to $1 billion to replace its existing loan with Exxon Mobil, indicating a significant restructuring of its financing strategy.
  • Negative Market Reaction: The announcement led to a 2.3% decline in Sable Offshore's stock price in pre-market trading on Tuesday, reflecting investor concerns about the company's financial health, which may impact market confidence.
  • Capital Market Strategy: The company also plans to pursue additional unsecured capital market solutions, aiming to enhance financial flexibility through diversified funding channels to better address future capital needs.
  • Clear Debt Repayment Purpose: Proceeds from the new loan will be used to repay the existing senior secured loan, demonstrating the company's efforts to optimize its capital structure despite facing market uncertainties.
Newsfilter
1.0
06-11Newsfilter
Sable Offshore to Host Investor Update Conference Call
  • Conference Call Schedule: Sable Offshore Corp. is set to host an investor update conference call on June 12, 2026, at 9:00 AM CDT / 10:00 AM EDT, aimed at providing investors with the latest company updates and strategic direction.
  • Investor Contact Information: Investors seeking further information can contact Vice President of Finance & Investor Relations, Harrison Breaud, via email at IR@sableoffshore.com or by phone at 713-579-8111, ensuring timely access to relevant information.
  • Meeting Link Provided: The company has made the conference call link available on its official website, allowing investors to access meeting details, which enhances information transparency and investor engagement.
  • Strategic Communication Intent: This conference call serves not only as a communication bridge between the company and its investors but also reflects Sable Offshore's commitment to enhancing investor relations and transparency, aiming to boost market confidence.
seekingalpha
7.0
06-11seekingalpha
California Coastal Commission Threatens to Halt Sable Offshore Oil Extraction
  • Regulatory Warning: The California Coastal Commission has notified Sable Offshore (SOC) of its intention to issue a cease and desist order aimed at halting the company's crude oil extraction, indicating a strong regulatory stance on environmental protection.
  • Violation Allegations: In a letter, the commission accused Sable of reactivating its Gaviota pipeline in March without the necessary coastal development permit, highlighting serious compliance failures by the company.
  • Historical Fines: Sable has previously been fined $18 million for ignoring cease and desist orders and conducting unpermitted repair work, reflecting ongoing legal and environmental accountability issues facing the company.
  • Environmental Advocacy Response: Environmentalists praised the commission's threat of further action, emphasizing that Sable continues to disregard new state laws requiring permits for restarting defunct oil facilities, which could lead to more severe consequences.
seekingalpha
8.5
06-08seekingalpha
J.P. Morgan Negotiates Nearly $1B Loan Refinancing for Sable Offshore
  • Loan Restructuring Talks: J.P. Morgan is in discussions with investors to refinance nearly $1 billion in loans for Sable Offshore at a 15% coupon rate and 20% amortization payments, indicating confidence in the company's financial stability.
  • Crude Sales Resumption: Sable Offshore resumed crude oil sales in March for the first time in over a decade, pumping 46,000 barrels per day, which is expected to significantly boost revenue and cash flow as the company re-enters the market.
  • Government Support: The Trump administration is in “active dialogue” with Sable Offshore regarding the establishment of a petroleum reserve in California, which could further enhance the company's stock price through policy support.
  • Positive Market Reaction: Following the Politico report, Sable Offshore's shares rose 7% on Monday, reflecting market optimism about the company's future, particularly in light of the loan restructuring and government backing.
seekingalpha
8.5
06-08seekingalpha
Trump Administration Considers California Petroleum Reserve
  • Stock Surge: Sable Offshore (SOC) rose 7.7% in pre-market trading on Monday, driven by reports that the Trump administration is in active discussions about establishing a petroleum reserve in California, which would significantly enhance the state's oil infrastructure.
  • Strategic Proposal: A document submitted by Sable Offshore to the U.S. Department of Energy proposed the creation of a West Coast Strategic Petroleum Reserve in response to inquiries from the Trump administration and to further ongoing discussions with the Department of War for oil and gas supply to California.
  • Government Confirmation: Energy Secretary Chris Wright confirmed in an interview that such a facility is under discussion, although he did not provide specific details, indicating potential policy support for the establishment of a petroleum reserve in California.
  • Facility Tour: Wright and Interior Secretary Doug Burgum toured Sable Offshore's California facilities with CEO Jim Flores, which were part of a forced restart of the Santa Ynez Unit oil production earlier this year, highlighting the government's focus on oil production in the region.
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
Roth Capital
Leo Mariani
Buy
maintain
$22
AI Analysis
2026-06-12
Reason
Roth Capital
Leo Mariani
Price Target
$22
AI Analysis
2026-06-12
maintain
Buy
Reason
Roth Capital analyst Leo Mariani says Sable Offshore, during a conference call this morning with investors, said Platform Hondo is coming online in June, which is earlier than the company's latest guidance of Q3. Sable also said field performance remains strong, with no meaningful decline rates observed so far, the analyst tells investors in a research note. Roth expects the stock to have a slight positive reaction from the call and keeps a Buy rating on the name with a $22 price target.
Roth Capital
Leo Mariani
Buy
maintain
$13.23
2026-06-06
Reason
Roth Capital
Leo Mariani
Price Target
$13.23
2026-06-06
maintain
Buy
Reason
Roth Capital analyst Leo Mariani keeps a Buy rating on Sable Offshore after Politico reported late Friday that the Trump administration is actively discussing the establishment of a strategic petroleum reserve in California. The firm says that if Sable Offshore is deemed a key supplier to a new California SPR, Energy Secretary Chris Wright could invoke eminent domain powers over state lands that house the company's operations, protecting it from legal action. Roth sees a "reasonable likelihood" that Sable Offshore would be a meaningful contributor to a future SPR in California, which could make current and future legal action against the company ineffective. It expects the shares to trade higher Monday following the news. The stock moved up 8% to $13.23 late Friday in after-hours trading.
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 250.00, compared to its 5-year average forward P/E of 8.20. 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
8.20
Current PE
250.00
Overvalued PE
41.94
Undervalued PE
-25.55

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
1.56
Current EV/EBITDA
-0.02
Overvalued EV/EBITDA
7.48
Undervalued EV/EBITDA
-4.35

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
1.51
Current PS
1.47
Overvalued PS
3.36
Undervalued PS
-0.34

Financials

AI Analysis
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Whales Holding SOC

T
Two Seas Capital LP
Holding
SOC
+28.77%
3M Return
C
Caption Management, LLC
Holding
SOC
+17.06%
3M Return
B
BW Gestao de Investimentos Ltda.
Holding
SOC
+13.32%
3M Return
E
Encompass Capital Advisors LLC
Holding
SOC
+6.61%
3M Return
A
Aventail Capital Group, LP
Holding
SOC
+0.49%
3M Return

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Frequently Asked Questions

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

The current price of SOC is 10.12 USD — it has decreased -1.27

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 1.27M 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 -1.37 USD, increased 5.38

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

Sable Offshore Corp (SOC) has 200 emplpoyees as of June 20 2026.

What is Sable Offshore Corp (SOC) market cap?

Today SOC has the market capitalization of 1.56B USD.