Sable Offshore Corp. (SOC)

NYSE: SOC · Real-Time Price · USD
28.87
+0.39 (1.37%)
At close: Aug 13, 2025, 4:00 PM
29.25
+0.38 (1.32%)
After-hours: Aug 13, 2025, 7:26 PM EDT
1.37%
Market Cap 2.87B
Revenue (ttm) n/a
Net Income (ttm) -509.35M
Shares Out 99.51M
EPS (ttm) -6.30
PE Ratio n/a
Forward PE 11.59
Dividend n/a
Ex-Dividend Date n/a
Volume 1,419,418
Open 28.40
Previous Close 28.48
Day's Range 27.76 - 29.10
52-Week Range 14.13 - 35.00
Beta 0.61
Analysts Buy
Price Target 30.50 (+5.65%)
Earnings Date Aug 12, 2025

About SOC

Sable Offshore Corp. operates as an independent oil and gas company in the United States. The company operates through three platforms located in federal waters offshore California. It also owns and operates 16 federal leases across approximately 76,000 acres, as well as subsea pipelines that transports crude oil, natural gas, and produced water from the platforms to the onshore processing facilities. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was... [Read more]

Sector Energy
Founded 2020
Employees 161
Stock Exchange NYSE
Ticker Symbol SOC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SOC stock is "Buy." The 12-month stock price target is $30.5, which is an increase of 5.65% from the latest price.

Price Target
$30.5
(5.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sable Offshore Corp. (SOC) Hit With Lawsuit Over Alleged Misleading Statements on California Oil Restart – Hagens Berman

SAN FRANCISCO, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Sable Offshore Corp. (NYSE: SOC) is now at the center of a securities class-action lawsuit, alleging that the company misled investors to inflate its s...

15 hours ago - GlobeNewsWire

Sable Offshore Corp. Reports Second Quarter 2025 Operational and Financial Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Second Quarter 2025 Operational and Financial Results.

1 day ago - Business Wire

Sable Offshore Corp. (SOC) Hit with Lawsuit Over Alleged Misleading Statements on California Oil Restart – Hagens Berman

SAN FRANCISCO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Sable Offshore Corp. (NYSE: SOC) is now at the center of a securities class-action lawsuit, alleging that the company misled investors to inflate its s...

5 days ago - GlobeNewsWire

Sable Offshore Corp. (SOC) Hit With Lawsuit Over Alleged Misleading Statements on California Oil Restart - Hagens Berman

SAN FRANCISCO , Aug. 5, 2025 /PRNewswire/ -- Sable Offshore Corp. (NYSE: SOC) is now at the center of a securities class-action lawsuit, alleging that the company misled investors to inflate its stock...

8 days ago - PRNewsWire

Shareholders who lost money on Sable Offshore Corp. (NYSE: SOC) Should Contact Wolf Haldenstein Immediately as Lead Plaintiff Deadline is September 26th

NEW YORK , Aug. 4, 2025 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces it has filed a class action lawsuit on behalf of purchasers of the securities of Sable Offshore Corp. (NYSE:...

9 days ago - PRNewsWire

Shareholders who lost money on Sable Offshore Corp. (NYSE: SOC) Should Contact Wolf Haldenstein Immediately as Lead Plaintiff Deadline is September 26nd

NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces it has filed a class action lawsuit on behalf of purchasers of the securities of Sable Offshore Corp. (N...

9 days ago - GlobeNewsWire

SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Sable Offshore

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 Sable Offshore To Contact Him Directly To Discuss Their Options

14 days ago - GlobeNewsWire

SABLE OFFSHORE CORP. (NYSE: SOC) INVESTOR ALERT Investors With Large Losses in Sable Offshore Corp. Should Contact Bernstein Liebhard LLP To Discuss Their Rights

NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquir...

14 days ago - GlobeNewsWire

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Sable Offshore Corp. (SOC)

NEW YORK, July 29, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of Ca...

15 days ago - GlobeNewsWire

Sable Offshore's Big Bet: Can It Justify A 28% Rise?

Sable Offshore (NYSE: SOC) has regained attention. The independent oil and gas operator from California, which manages offshore platforms and pipelines associated with its Santa Ynez Unit, witnessed i...

26 days ago - Forbes

Bragar Eagel & Squire, P.C. Is Investigating Apple and Sable and Encourages Investors to Contact the Firm

NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Apple Inc. (NASDAQ:AAPL) and Sab...

Other symbols: AAPL
6 weeks ago - GlobeNewsWire

Sable Offshore: Underappreciated And Undervalued

Sable Offshore offers significant upside as production restarts, with a large valuation discount to both NAV and peers, despite contingent resources status. High insider and smart money ownership alig...

7 weeks ago - Seeking Alpha

5 Stock Picks Last Month From Wall Street's Most Accurate Analysts

U.S. stocks settled mixed on Friday, with the Dow Jones index gaining more than 50 points during the session after President Donald Trump accused China of "totally" breaching a tariff agreement, raisi...

Other symbols: CVCONVDAOKTAZS
2 months ago - Benzinga

Sable Offshore Corp. Announces Closing of Upsized Public Offering of Common Stock and Full Exercise of Underwriters' Option

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Closing of Upsized Public Offering of Common Stock and Full Exercise of Underwriters' Option.

2 months ago - Business Wire

Sable Offshore Corp. Announces Upsize and Pricing of Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Upsize and Pricing of Public Offering of Common Stock.

3 months ago - Business Wire

Sable Offshore Corp. Announces Proposed Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Proposed Offering of Common Stock.

3 months ago - Business Wire

Sable Offshore Corp. Reports Restart of Oil Production at the Santa Ynez Unit and Anticipated Oil Sales from the Las Flores Pipeline System in July 2025

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Restart Production at the Santa Ynez Unit and Anticipated Oil Sales from the Las Flores Pipeline System in July 2025.

3 months ago - Business Wire

Sable Offshore Corp. Reports First Quarter 2025 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports First Quarter 2025 Financial and Operational Results.

3 months ago - Business Wire

Sable Offshore Has One Last Regulatory Hurdle Before Operating (Rating Upgrade)

Sable Offshore Corp. is nearing regulatory approval for its Pacific offshore production project, prompting an upgrade to a Buy rating with a $45.28/share price target. The firm has faced regulatory hu...

4 months ago - Seeking Alpha

Sable Offshore Corp. Reports 2024 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports 2024 Financial and Operational Results.

5 months ago - Business Wire

Sable Offshore Corp. Provides Update on Litigation Status

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Litigation Status.

7 months ago - Business Wire

Sable Offshore Offers Convexity For 2025

Sable Offshore Corp. (SOC) is a high-risk investment with potential upside if the Santa Ynez pipeline reopens, expected in Q1 2025. Waivers from the California Office of the State Fire Marshal are a s...

8 months ago - Seeking Alpha

Sable Offshore Corp. Continues to Coordinate with California Coastal Commission on Maintenance and Repair Work in the Coastal Zone

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sable Offshore Corp. Continues to Coordinate with California Coastal Commission on Maintenance and Repair Work in the Coastal Zone.

9 months ago - Business Wire

Sable Offshore Corp. Reports Third Quarter 2024 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Third Quarter 2024 Financial and Operational Results.

9 months ago - Business Wire

Sable Offshore Corp. Announces Completion of Redemption of Public Warrants

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Completion of Redemption of Public Warrants.

10 months ago - Business Wire