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Sable Offshore Corp. (SOC)
:SOC
Holding SOC?
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SOC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$10.11 - $28.67
Previous CloseN/A
Volume192.10K
Average Volume (3M)1.38M
Market Cap
$2.20B
Enterprise ValueN/A
Total Cash (Recent Filing)$9.01K
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta<0.01
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-14.05
Shares Outstanding89,099,860
10 Day Avg. Volume854,779
30 Day Avg. Volume1,378,299
Standard Deviation0.10
R-Squared0.03
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-17.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$24.75Price Target Upside1.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Sable Offshore News
Bulls Say, Bears Say
Bulls Say
Legal SettlementSable announced the settlement of their lawsuit with Santa Barbara County that allows for the installation of crucial check valves along the onshore pipelines that supports mgmt's reaffirmed 4Q24 production restart timeline.
Production RestartThe resolution significantly derisks Sable's ability to restart ops.
Regulatory ApprovalSable Offshore received approval from the County of Santa Barbara Planning Commission for the Change of Owner, Change of Operator, and Guarantor of the SYU, Pacific Offshore Pipeline Company (POPCO) Gas Plant, and Las Flores Pipelines.
Bears Say
Financial ConcernsSable Offshore (SOC) reported third quarter results were the Company’s operations used cash of approximately $31.6 million and are now stuck in disagreement with the California Coastal Commission.
Operational DelaysSOC has been required to push out the timing of when the Santa Ynez unit could begin producing oil again several times and it is not believed that this is the last delay.
Regulatory ChallengesSable Offshore (SOC) lacks the necessary permits to begin production by the end of 2024 after the California Coastal Commission held its final meeting of the year.
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Ownership Overview
39.46% Insiders
4.75% Mutual Funds
<0.01% Other Institutional Investors
48.24% 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
SOC FAQ
What was Sable Offshore Corp.’s price range in the past 12 months?
Sable Offshore Corp. lowest stock price was $10.11 and its highest was $28.67 in the past 12 months.
What is Sable Offshore Corp.’s market cap?
Sable Offshore Corp.’s market cap is $2.20B.
When is Sable Offshore Corp.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Sable Offshore Corp.’s earnings last quarter?
Currently, no data Available
Is Sable Offshore Corp. overvalued?
According to Wall Street analysts Sable Offshore Corp.’s price is currently Undervalued.
Does Sable Offshore Corp. pay dividends?
Sable Offshore Corp. does not currently pay dividends.
What is Sable Offshore Corp.’s EPS estimate?
Sable Offshore Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Sable Offshore Corp. have?
Sable Offshore Corp. has 89,099,860 shares outstanding.
What happened to Sable Offshore Corp.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Sable Offshore Corp.?
Currently, no hedge funds are holding shares in SOC
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Sable Offshore Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.75 (1.02% Upside)
$24.75 (1.02% Upside)
Blogger Sentiment
Neutral
SOC Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 885.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $23.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 18.5%
Last 30 Days ▲ 18.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
106.57%
12-Months-Change
Fundamentals
Return on Equity
-628.43%
Trailing 12-Months
Asset Growth
2170.01%
Trailing 12-Months
Company Description
Sable Offshore Corp.
Flame Acquisition Corp is a blank check company.
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SOC Stock 12 Month Forecast
Average Price Target
$24.75
▲(1.02% Upside)
Technical Analysis
Best Analysts Covering SOC
1 Year
1 Year Success Rate
5/7 ratings generated profit
1 Year Average Return
+34.69%
assigned a buy rating 2 months ago
Copying David Deckelbaum's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +34.69% per trade.
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