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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
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
4.365
Open
4.000
VWAP
4.20
Vol
2.73M
Mkt Cap
656.04M
Low
3.960
Amount
11.45M
EV/EBITDA(TTM)
--
Total Shares
154.36M
EV
1.56B
EV/OCF(TTM)
--
P/S(TTM)
377.67
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.
Show More

Events Timeline

(ET)
2026-07-01
07:00:00
Sable Offshore Prices 32.47M Shares and $300M Convertible Notes
select
2026-06-30 (ET)
2026-06-30
16:30:00
Major Averages Broadly Higher to Close Q2
select
2026-06-30
12:30:00
Major Averages Rise as S&P 500 and Nasdaq Rebound
select
2026-06-30
08:30:00
Sable Offshore Shares Down 30% to $4.80 After Stock and Convertible Notes Offerings
select

News

Yahoo Finance
2.0
07-01Yahoo Finance
Energy Stocks Decline on Wednesday Afternoon
  • Energy Sector Decline: The NYSE Energy Sector Index fell by 0.9% on Wednesday afternoon, indicating a general weakness in energy stocks, likely influenced by investor concerns over potential demand slowdown.
  • Market Sentiment Weakens: The widespread decline in energy stocks suggests a decrease in investor confidence regarding the global economic outlook, particularly as energy demand may be impacted by economic deceleration, leading to capital outflows from the sector.
  • Investor Reactions: As energy prices become more volatile, investors may reassess their portfolios in the energy sector, seeking more stable investment opportunities, which could affect market liquidity in the short term.
  • Uncertain Industry Outlook: The drop in energy stocks may signal challenges ahead for the industry, especially amid intensifying competition between renewable and traditional energy sources, necessitating companies to adjust strategies to navigate market changes.
stocktwits
8.5
07-01stocktwits
Roth Capital Lowers Sable Offshore Price Target to $15
  • Financing Needs: Roth Capital has lowered Sable Offshore's price target from $22 to $15 while maintaining a 'Buy' rating, indicating a belief in the company's long-term potential despite current challenges.
  • Debt Reduction Outlook: Analysts noted that Sable Offshore needs to secure approximately $350 million in additional financing to meet financial assurance obligations tied to its asset acquisition from Exxon Mobil, with expectations of debt reduction starting in the second half of 2026.
  • Stock Performance Rebound: Sable Offshore's shares surged 35% on Wednesday, breaking an eight-session losing streak, primarily due to the successful pricing of 32.47 million shares at $3.08 each, reflecting positive market sentiment towards its financing plans.
  • Market Sentiment Shift: Retail investor sentiment shifted from 'bullish' to 'extremely bullish', with many users believing that the current stock price of $3.08 serves as a support level, indicating a recovery in confidence towards Sable Offshore.
Yahoo Finance
2.0
07-01Yahoo Finance
Energy Stocks Decline on Wednesday Afternoon
  • Energy Sector Decline: On Wednesday afternoon, the NYSE Energy Sector Index fell by 0.8%, indicating a weakening confidence in energy stocks, likely influenced by concerns over global economic slowdown and uncertain demand outlook.
  • Market Sentiment: Investors are adopting a cautious stance towards the energy sector, particularly amid fluctuations in oil prices and supply chain issues, which are contributing to overall market pessimism and exacerbating downward pressure on energy stocks.
  • Industry Impact Analysis: The decline in energy stocks may affect the financing capabilities and investor confidence of related companies, potentially negatively impacting their long-term growth prospects, especially in the context of increasing economic uncertainty.
  • Investor Strategy Adjustment: In light of the downturn in energy stocks, investors may reassess their portfolios, considering reallocating funds to other sectors with greater growth potential to mitigate risks associated with market volatility.
NASDAQ.COM
4.5
07-01NASDAQ.COM
NASDAQ 100 Pre-Market Update: Key Movers
  • Market Decline: The NASDAQ 100 Pre-Market Indicator fell by 301.67 points to 29,974.68, indicating weakened market sentiment that could impact investor confidence and lead to further selling pressure.
  • Active Stock Overview: Sable Offshore Corp. (SOC) rose by 0.5499 to $3.63 with a trading volume of 4,784,622 shares, reaching a 52-week high, indicating strong performance in the market.
  • ETF Movements: ProShares UltraPro QQQ (TQQQ) decreased by 1.16 to $79.84 with 4,587,512 shares traded, reflecting a 113.93% increase from its 52-week low, showing continued investor interest in tech stocks.
  • Target Price Analysis: NIO Inc. (NIO) fell by 0.11 to $4.95, with its current trading price at 71.74% of the target price of $6.9, reflecting cautious market expectations for the company's future.
seekingalpha
8.5
07-01seekingalpha
Sable Offshore Prices Concurrent Public Offerings of Shares and Convertible Notes
  • Funding Size: Sable Offshore priced concurrent offerings of 32.5 million common shares at $3.08 each and $300 million of convertible senior notes, expected to raise approximately $92.8 million and $288.8 million in net proceeds respectively, demonstrating the company's capital market capabilities.
  • Bond Terms: The convertible notes carry an interest rate of 6.5% per annum, maturing on July 1, 2031, with an initial conversion price of about $4.00 per share, representing a 30% premium over the common stock offering price, providing potential capital appreciation for investors.
  • Underwriter Options: The company granted underwriters a 30-day option to purchase up to an additional 4.9 million shares and $45 million of convertible notes to cover overallotments, indicating strong market interest in the offerings.
  • Use of Proceeds: Sable Offshore plans to use the proceeds to repay its loan with Exxon Mobil, cover transaction-related fees, and for general corporate purposes, reflecting the company's strategic intent to optimize its financial structure and reduce debt.
Newsfilter
8.5
07-01Newsfilter
Sable Offshore Corp. Prices Concurrent Public Offerings
  • Offering Size: Sable Offshore Corp. announced the pricing of 32,467,533 shares of common stock at $3.08 per share and $300 million of 6.5% convertible senior notes, reflecting the company's proactive financing strategy in the capital markets.
  • Use of Proceeds: The net proceeds are estimated at approximately $92.8 million (or $107 million if the underwriters fully exercise their option), intended for repaying the Senior Secured Term Loan with Exxon Mobil and general corporate purposes, indicating efforts to optimize the capital structure.
  • Convertible Note Terms: The initial conversion price of the notes is approximately $4.00 per share, representing a 30% premium over the offering price, providing investors with potential capital appreciation opportunities while ensuring future financing flexibility for the company.
  • Underwriter Role: J.P. Morgan serves as the sole book-running manager for both the common stock and notes offerings, underscoring its significant position in the capital markets and confidence in Sable, which further enhances market trust in 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
Lloyd Byrne
Buy
downgrade
$24 -> $11
AI Analysis
2026-07-06
New
Reason
Jefferies
Lloyd Byrne
Price Target
$24 -> $11
AI Analysis
2026-07-06
New
downgrade
Buy
Reason
Jefferies analyst Lloyd Byrne lowered the firm's price target on Sable Offshore to $11 from $24 and keeps a Buy rating on the shares following what the firm calls "a challenging couple of weeks," including an unexpected equity/convertible note as government support failed to materialize. While the dilution "has been frustrating for existing equity holders," the focus is on Judge Wilson's ruling in July with refinancing complete, the analyst says.
Gerdes Energy Research
Neutral -> Buy
upgrade
$11 -> $8
2026-07-06
New
Reason
Gerdes Energy Research
Price Target
$11 -> $8
2026-07-06
New
upgrade
Neutral -> Buy
Reason
Gerdes Energy Research upgraded Sable Offshore to Buy from Neutral with a price target of $8, down from $11, following the issuance of "necessary equity capitalization" and convertible debt. The stock has depreciated by about 67% since June 1 and the firm's revised target reflects significantly over 20% equity value upside, the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SOC
Unlock Now

Valuation Metrics

The current forward P/E ratio for Sable Offshore Corp (SOC.N) is 109.89, compared to its 5-year average forward P/E of 9.68. 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
9.68
Current PE
109.89
Overvalued PE
47.06
Undervalued PE
-27.70

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
1.52
Current PS
0.77
Overvalued PS
3.36
Undervalued PS
-0.33

Financials

AI Analysis
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Whales Holding SOC

C
Caption Management, LLC
Holding
SOC
+13.14%
3M Return
B
BW Gestao de Investimentos Ltda.
Holding
SOC
+10.82%
3M Return
A
Aventail Capital Group, LP
Holding
SOC
-3.51%
3M Return
E
Encompass Capital Advisors LLC
Holding
SOC
-5.71%
3M Return

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Frequently Asked Questions

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

The current price of SOC is 4.265 USD — it has increased 7.97

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 July 07 2026.

What is Sable Offshore Corp (SOC) market cap?

Today SOC has the market capitalization of 656.04M USD.