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Sable Offshore (SOC)
NYSE:SOC
Holding SOC?
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SOC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.11 - $28.67
Previous Close$23.48
Volume348.15K
Average Volume (3M)1.33M
Market Cap
$2.09B
Enterprise Value$2.62B
Total Cash (Recent Filing)$288.23M
Total Debt (Recent Filing)$814.42M
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 Outstanding89,099,863
10 Day Avg. Volume1,198,774
30 Day Avg. Volume1,328,125
Standard Deviation0.10
R-Squared0.02
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)11.76
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-15.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-4.70
Forecast
1Y Price Target
$26.00Price Target Upside10.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Sable Offshore News
PremiumCompany Announcements
Sable Offshore Plans Santa Ynez Production RestartPremiumCompany Announcements
Sable Offshore Faces Losses Amid Strategic AdvancementsBulls Say, Bears Say
Bulls Say
Corporate StrategySOC's new development plan includes targeting initial production and sales with a view to refinance its loan, indicating a strategic approach to enhancing financial stability and performance.
Legal ResolutionThe settlement of Sable's lawsuit with Santa Barbara County allows for the installation of crucial check valves, removing the final legal hurdle and significantly reducing the risks for restarting operations.
Regulatory ApprovalSable Offshore received approval from the County of Santa Barbara Planning Commission for the change of owner, operator, and guarantor, supporting future operational plans.
Bears Say
Financial RisksDelays could result in a higher expense than estimated and, per the purchase agreement, potentially lead to XOM asking for the assets back without compensation.
Operational DelaysSOC is attempting to restart oil production off the coast of Santa Barbara, California that is unlikely to gain the necessary regulatory approvals to move forward.
Regulatory ChallengesSable Offshore (SOC) remains in limbo with the latest letter from the California State Fire Marshall creating further uncertainty as to when, if ever, SOC would be able to restart production at the Santa Ynez.
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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’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 89,099,860 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 Greenhaven Road Investment Management, L.P.. It holds Sable Offshore’s shares valued at 12M.
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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 (10.73% Upside)
$26.00 (10.73% Upside)
Blogger Sentiment
Neutral
SOC Sentiment 50%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 885.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $39.1M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
121.50%
12-Months-Change
Fundamentals
Return on Equity
-628.43%
Trailing 12-Months
Asset Growth
2170.01%
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
▲(10.73% Upside)
Technical Analysis
Best Analysts Covering SOC
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+44.73%
assigned a buy rating last month
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 +44.73% per trade.
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