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Sable Offshore (SOC)
NYSE:SOC
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SOC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.11 - $28.67
Previous Close$23.79
Volume871.90K
Average Volume (3M)1.16M
Market Cap
$1.94B
Enterprise Value$2.62B
Total Cash (Recent Filing)$112.07M
Total Debt (Recent Filing)$790.38M
Price to Earnings (P/E)―
Beta-0.12
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-10.63
Shares Outstanding64,845,436
10 Day Avg. Volume1,107,655
30 Day Avg. Volume1,156,794
Standard Deviation0.10
R-Squared0.02
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)12.39
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-6.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-8.55
Forecast
1Y Price Target
$26.00Price Target Upside11.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Sable Offshore News
PremiumCompany Announcements
Sable Offshore Faces Losses Amid Strategic Advancements
Bulls Say, Bears Say
Bulls Say
Legal Resolution And Operational RestartThe settlement with Santa Barbara County represents the closure of the final legal hurdle impeding Sable from restarting production, significantly reducing risk and supporting the company's production restart plans.
Operational Preparedness And StaffingSable has made significant staffing additions in anticipation of the production restart, hiring 13 new employees and over 200 contractors, demonstrating readiness to smoothly resume operations.
Resource And Growth PotentialSOC boasts ample oil-weighted resources, with approximately 85% crude, a shallow decline rate, and over 100 undrilled locations, indicating strong potential for future growth and profitability.
Bears Say
Asset Repossession RiskThere is a risk that Exxon Mobil could reclaim the assets in the event of continued production delays and loan repayment failures.
Operational DelaysPotential regulatory delays and requests for additional studies could lead to higher expenses than estimated for SOC's offshore oil platforms.
Regulatory ChallengesSOC's attempt to restart oil production off the coast of Santa Barbara faces significant regulatory hurdles that could prevent the project from moving forward.
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Ownership Overview
43.04% Insiders
2.68% Mutual Funds
2.03% Other Institutional Investors
45.42% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SOC FAQ
What was Sable Offshore’s price range in the past 12 months?
Sable Offshore lowest stock price was $10.11 and its highest was $28.67 in the past 12 months.
What is Sable Offshore’s market cap?
Currently, no data Available
When is Sable Offshore’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Sable Offshore’s earnings last quarter?
Currently, no data Available
Is Sable Offshore overvalued?
According to Wall Street analysts Sable Offshore’s price is currently Undervalued.
Does Sable Offshore pay dividends?
Sable Offshore does not currently pay dividends.
What is Sable Offshore’s EPS estimate?
Sable Offshore’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Sable Offshore have?
Sable Offshore has 81,682,620 shares outstanding.
What happened to Sable Offshore’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Sable Offshore?
Among the largest hedge funds holding Sable Offshore’s share is Moore Capital Management LP. It holds Sable Offshore’s shares valued at 8M.
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Sable Offshore Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (11.59% Upside)
$26.00 (11.59% Upside)
Blogger Sentiment
Neutral
SOC Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 200.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $39.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
125.71%
12-Months-Change
Fundamentals
Return on Equity
-410.58%
Trailing 12-Months
Asset Growth
1317.80%
Trailing 12-Months
Company Description
Sable Offshore
Flame Acquisition Corp is a blank check company.
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SOC Stock 12 Month Forecast
Average Price Target
$26.00
▲(11.59% Upside)
Technical Analysis
Best Analysts Covering SOC
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+52.77%
reiterated a buy rating 21 days ago
Copying David Deckelbaum's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +52.77% per trade.
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