SOC
Sable Offshore Corp.
Price Chart
Latest Quote
$10.12
-0.13 (-1.27%)
Current Price
| Previous Close | $10.25 |
| Open | $9.88 |
| Day High | $10.20 |
| Day Low | $9.55 |
| Volume | 9,112,827 |
Stock Information
| Shares Outstanding | 154.36M |
| Total Debt | $979.50M |
| Cash Equivalents | $52.17M |
| Revenue | $1.27M |
| Net Income | $-497.64M |
| Sector | Energy |
| Industry | Oil & Gas Drilling |
| Market Cap | $1.56B |
| EPS (TTM) | $-4.00 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $2.47B |
| Sales | $1.27M |
| Income | $-497.64M |
| Book/sh | $2.81 |
| Cash/sh | $0.34 |
| Employees | 200 |
Financial Ratios
| Quick Ratio | 0.05 |
| Current Ratio | 0.08 |
| Debt/Eq | 232.19 |
Returns & Margins
| ROA | -17.41% |
| ROE | -141.66% |
| Operating Margin | -9343.35% |
Ownership
| Insider Ownership | 13.83% |
| Institutional Ownership | 92.62% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 3.68 |
| P/S | 1229.07 |
| P/B | 3.61 |
Analyst Data
| Recommendation | strong_buy |
| Target Price | $27.00 |
Technical Indicators
| SMA20 | $12.58 |
| SMA50 | $13.31 |
| SMA200 | $12.49 |
| RSI | 23.63 |
| ATR | 1.2495 |
| Shares Float | 100.53M |
| Short Float | 21.98% |
| Short Ratio | 8.33 |
| Volatility | -0.23 |
| Rel Volume | 2.08 |
Performance History
| Week | -13.65% |
| Month | -33.60% |
| Quarter | -40.96% |
| 6 Months | +86.37% |
| YTD | -13.73% |
| Year | -55.30% |
| 3 Years | -0.88% |
| 5 Years | +4.98% |
| 10 Years | +4.33% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $10.12 | 9,117,800 |
| 2026-06-17 | $10.25 | 3,047,100 |
| 2026-06-16 | $9.99 | 6,332,600 |
| 2026-06-15 | $10.60 | 4,580,900 |
| 2026-06-12 | $10.88 | 4,710,700 |
| 2026-06-11 | $11.72 | 2,767,700 |
| 2026-06-10 | $11.88 | 2,768,800 |
| 2026-06-09 | $11.83 | 5,740,400 |
| 2026-06-08 | $13.12 | 3,637,700 |
| 2026-06-05 | $12.25 | 4,225,300 |
| 2026-06-04 | $13.54 | 2,485,900 |
| 2026-06-03 | $13.24 | 3,092,400 |
| 2026-06-02 | $13.57 | 4,207,100 |
| 2026-06-01 | $13.02 | 10,733,900 |
| 2026-05-29 | $14.65 | 4,005,000 |
| 2026-05-28 | $14.69 | 4,836,600 |
| 2026-05-27 | $13.13 | 2,815,300 |
| 2026-05-26 | $13.75 | 3,030,800 |
| 2026-05-22 | $14.74 | 2,110,000 |
| 2026-05-21 | $14.57 | 3,560,400 |
| 2026-05-20 | $15.05 | 2,287,600 |
| 2026-05-19 | $15.24 | 3,108,300 |
About Sable Offshore Corp.
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 incorporated in 2020 and is headquartered in Houston, Texas.
đ° Latest News
Roth Capital Maintains Buy Rating on Sable Offshore Corp. (SOC) Amid Potential California Petroleum Reserve Opportunity
Insider Monkey âĸ 2026-06-17T08:00:36Z
Sector Update: Energy Stocks Decline Late Afternoon
MT Newswires âĸ 2026-06-16T19:54:08ZSector Update: Energy Stocks Decline Tuesday Afternoon
MT Newswires âĸ 2026-06-16T17:39:50ZSector Update: Energy Stocks Decline Pre-Bell Tuesday
MT Newswires âĸ 2026-06-16T13:29:17ZGavin Newsom Says Trump 'Illegally' Revived Offshore DrillingâThen Gas Prices Went Up
Benzinga âĸ 2026-06-09T19:31:05Z
Top Growth Companies With Insider Ownership In June 2026
Simply Wall St. âĸ 2026-06-04T17:37:36Z
Sable Offshore (SOC) Loses 11% on Pipeline Uncertainties Anew
Insider Monkey âĸ 2026-06-02T04:35:23Z
Sable (SOC) Reports Q1 EPS
Insider Monkey âĸ 2026-05-13T11:46:19Z
Grok AI Stock Portfolio: Sable Offshore (SOC) Is Among The Top 10 Picks for 2026
Insider Monkey âĸ 2026-05-12T20:53:06Z
A Look At Sable Offshore (SOC) Valuation After Deep Annual Losses And Rich Price To Book Multiple
Simply Wall St. âĸ 2026-05-12T08:18:02Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $12,888,000 | $21,018,000 | - | - |
| Cost Of Revenue | $12,888,000 | $21,018,000 | - | - |
| Total Revenue | $0 | $0 | $0 | $0 |
| Operating Revenue | $0 | $0 | $0 | $0 |
| Expenses | ||||
| Interest Expense | $88,245,000 | $0 | - | - |
| Total Expenses | $408,283,000 | $94,474,000 | $6,150,199 | $1,682,816 |
| Other Income Expense | $98,037,000 | $801,000 | $327,259 | $5,939,741 |
| Other Non Operating Income Expenses | $8,834,000 | $801,000 | $-170,741 | $-215,384 |
| Net Non Operating Interest Income Expense | $-88,245,000 | $0 | $3,989,061 | $16,153 |
| Interest Expense Non Operating | $88,245,000 | $0 | - | - |
| Operating Expense | $395,395,000 | $73,456,000 | $6,150,199 | $1,682,816 |
| General And Administrative Expense | $176,197,000 | $12,763,000 | - | $1,682,816 |
| Other Operating Expenses | - | $4,918,801 | $6,150,199 | $1,682,816 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Net Interest Income | $-88,245,000 | $0 | $3,989,061 | $16,153 |
| Normalized Income | $-480,632,370 | $-93,673,000 | $-2,984,368 | $-1,882,047 |
| Net Income From Continuing And Discontinued Operation | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Total Operating Income As Reported | $-408,283,000 | $-94,474,000 | $-6,150,199 | $-1,682,816 |
| Net Income Common Stockholders | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Net Income | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Net Income Including Noncontrolling Interests | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Net Income Continuous Operations | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Pretax Income | $-398,491,000 | $-93,673,000 | $-1,833,879 | $4,273,078 |
| Operating Income | $-408,283,000 | $-94,474,000 | $-6,150,199 | $-1,682,816 |
| Gross Profit | $-12,888,000 | $-21,018,000 | - | - |
| Interest Income | - | $4,415,456 | $3,989,061 | $16,153 |
| Interest Income Non Operating | - | $4,415,456 | $3,989,061 | $16,153 |
| Per Share | ||||
| Diluted EPS | $-4.18 | $-7.05 | $-0.07 | $0.14 |
| Basic EPS | $-4.18 | $-7.05 | $-0.07 | $0.14 |
| Other | ||||
| Tax Effect Of Unusual Items | $18,732,630 | $0 | $104,580 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-384,939,000 | $-72,655,000 | $-6,648,199 | $-7,837,941 |
| Total Unusual Items | $89,203,000 | $-27,064,500 | $498,000 | $6,155,125 |
| Total Unusual Items Excluding Goodwill | $89,203,000 | $-27,064,500 | $498,000 | $6,155,125 |
| Reconciled Depreciation | $14,510,000 | $21,018,000 | - | - |
| EBITDA (Bullshit earnings) | $-295,736,000 | $-72,655,000 | $-6,150,199 | $-1,682,816 |
| EBIT | $-310,246,000 | $-93,673,000 | $-6,150,199 | $-1,682,816 |
| Diluted Average Shares | $98,179,703 | $13,292,182 | $35,937,500 | $31,605,308 |
| Basic Average Shares | $98,179,703 | $13,292,182 | $35,937,500 | $31,605,308 |
| Diluted NI Availto Com Stockholders | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Tax Provision | $11,671,000 | $0 | $757,069 | $0 |
| Gain On Sale Of Security | $89,203,000 | $-27,064,500 | $498,000 | $6,155,125 |
| Selling General And Administration | $176,197,000 | $12,763,000 | - | $1,682,816 |
| Other Gand A | $176,197,000 | $12,763,000 | - | $1,682,816 |
Fetched: 2026-06-18
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $534,303,000 | $384,185,000 | $339,021,000 | $272,021,742 |
| Total Assets | $1,740,822,000 | $1,583,172,000 | $711,581,000 | $290,906,765 |
| Total Non Current Assets | $1,605,120,000 | $1,227,897,000 | $695,368,000 | $290,718,297 |
| Other Non Current Assets | $44,068,000 | $33,450,000 | $6,404,000 | $290,718,297 |
| Current Assets | $135,702,000 | $355,275,000 | $16,213,000 | $188,468 |
| Other Current Assets | $11,282,000 | $4,166,000 | $96,601 | $88,212 |
| Restricted Cash | $0 | $35,388,000 | $0 | - |
| Inventory | $26,736,000 | $15,337,000 | $16,213,000 | - |
| Cash Cash Equivalents And Short Term Investments | $97,684,000 | $300,384,000 | $0 | $100,256 |
| Cash And Cash Equivalents | $97,684,000 | $300,384,000 | $0 | $100,256 |
| Prepaid Assets | - | - | $96,601 | $88,212 |
| Cash Financial | - | - | $267,816 | $100,256 |
| Non Current Prepaid Assets | - | - | - | $0 |
| Current Deferred Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $823,900,000 | $533,158,000 | $7,242,108 | $1,679,474 |
| Total Debt | $943,414,000 | $851,448,000 | $6,668,000 | $1,779,730 |
| Long Term Debt And Capital Lease Obligation | $19,342,000 | $850,530,000 | $5,520,000 | - |
| Current Debt And Capital Lease Obligation | $924,072,000 | $918,000 | $1,148,000 | $1,779,730 |
| Current Debt | $921,584,000 | - | $7,509,924 | $1,779,730 |
| Other Current Borrowings | $921,584,000 | - | $6,381,294 | $1,409,730 |
| Long Term Debt | - | $833,542,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,206,519,000 | $1,198,987,000 | $372,560,000 | $18,885,023 |
| Total Non Current Liabilities Net Minority Interest | $183,094,000 | $1,078,316,000 | $354,658,000 | $12,149,250 |
| Derivative Product Liabilities | $37,738,000 | $126,941,000 | $0 | $12,149,250 |
| Non Current Deferred Liabilities | $12,833,000 | $1,162,000 | $0 | - |
| Non Current Deferred Taxes Liabilities | $12,833,000 | $1,162,000 | $0 | - |
| Current Liabilities | $1,023,425,000 | $120,671,000 | $17,902,000 | $6,735,773 |
| Payables And Accrued Expenses | $99,353,000 | $119,753,000 | $16,754,000 | $4,956,043 |
| Payables | $25,239,000 | $51,844,000 | $14,605,000 | $4,956,043 |
| Accounts Payable | $25,239,000 | $16,806,000 | $3,235,000 | $4,625,892 |
| Liabilities Heldfor Sale Non Current | - | $99,683,000 | $349,138,000 | - |
| Other Payable | - | $35,038,000 | - | - |
| Current Notes Payable | - | - | $1,128,630 | $370,000 |
| Total Tax Payable | - | - | $2,308,378 | $330,151 |
| Income Tax Payable | - | - | $0 | $330,151 |
| Equity | ||||
| Common Stock Equity | $534,303,000 | $384,185,000 | $339,021,000 | $272,021,742 |
| Total Equity Gross Minority Interest | $534,303,000 | $384,185,000 | $339,021,000 | $272,021,742 |
| Stockholders Equity | $534,303,000 | $384,185,000 | $339,021,000 | $272,021,742 |
| Retained Earnings | $-1,108,458,000 | $-698,296,000 | $0 | $-18,325,985 |
| Other Equity Interest | - | - | $339,021,000 | - |
| Other | ||||
| Ordinary Shares Number | $144,961,796 | $89,310,996 | $13,292,182 | $35,937,500 |
| Share Issued | $144,961,796 | $89,310,996 | $13,292,182 | $35,937,500 |
| Tangible Book Value | $534,303,000 | $384,185,000 | $339,021,000 | $272,021,742 |
| Invested Capital | $1,455,887,000 | $1,217,727,000 | $339,021,000 | $273,801,472 |
| Working Capital | $-887,723,000 | $234,604,000 | $-1,689,000 | $-6,547,305 |
| Capital Lease Obligations | $21,830,000 | $17,906,000 | $6,668,000 | - |
| Total Capitalization | $534,303,000 | $1,217,727,000 | $339,021,000 | $272,021,742 |
| Additional Paid In Capital | $1,642,746,000 | $1,082,473,000 | $0 | $0 |
| Capital Stock | $15,000 | $8,000 | $0 | $290,347,727 |
| Common Stock | $15,000 | $8,000 | $0 | $290,347,727 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $19,342,000 | $16,988,000 | $5,520,000 | - |
| Long Term Provisions | $113,181,000 | $99,683,000 | $349,138,000 | - |
| Current Capital Lease Obligation | $2,488,000 | $918,000 | $1,148,000 | - |
| Current Accrued Expenses | $74,114,000 | $67,909,000 | $2,149,000 | - |
| Net PPE | $1,561,052,000 | $1,194,447,000 | $688,964,000 | - |
| Accumulated Depreciation | $-5,977,000 | $0 | $-3,693,325,000 | - |
| Gross PPE | $1,567,029,000 | $1,194,447,000 | $4,382,289,000 | - |
| Other Inventories | $12,078,000 | - | - | - |
| Raw Materials | $14,658,000 | $15,337,000 | $16,213,000 | - |
| Dueto Related Parties Current | - | $0 | $11,370,000 | - |
| Properties | - | $1,194,447,000 | $4,382,289,000 | - |
| Treasury Shares Number | - | - | $0 | - |
Fetched: 2026-06-18
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-769,326,000 | $-70,098,000 | $-1,714,430 | $-2,007,824 |
| Operating Activities | ||||
| Operating Cash Flow | $-351,702,000 | $-70,098,000 | $-1,714,430 | $-2,007,824 |
| Cash Flow From Continuing Operating Activities | $-351,702,000 | $-70,098,000 | $-1,714,430 | $-2,007,824 |
| Operating Gains Losses | $-89,203,000 | $27,064,500 | $-498,000 | $-5,874,296 |
| Investing Activities | ||||
| Capital Expenditure | $-417,624,000 | - | - | - |
| Investing Cash Flow | $-417,624,000 | $0 | $786,918 | $-287,500,000 |
| Cash Flow From Continuing Investing Activities | $-417,624,000 | $0 | $786,918 | $-287,500,000 |
| Capital Expenditure Reported | $-417,624,000 | $0 | - | - |
| Net Other Investing Changes | - | $231,575,349 | $786,918 | $-287,500,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $545,000,000 | $70,098,000 | $0 | $281,750,000 |
| Financing Cash Flow | $531,238,000 | $70,098,000 | $705,000 | $289,821,578 |
| Cash Flow From Continuing Financing Activities | $531,238,000 | $70,098,000 | $705,000 | $289,821,578 |
| Net Other Financing Charges | $-13,762,000 | - | - | $-799,796 |
| Net Common Stock Issuance | $545,000,000 | $70,098,000 | $0 | $281,750,000 |
| Common Stock Issuance | $545,000,000 | $70,098,000 | $0 | $281,750,000 |
| Repurchase Of Capital Stock | - | $-230,129,156 | $0 | - |
| Other | ||||
| Repayment Of Debt | $0 | $0 | $0 | $-75,174 |
| End Cash Position | $97,684,000 | $0 | $100,256 | $322,768 |
| Beginning Cash Position | $335,772,000 | $0 | $322,768 | $9,014 |
| Changes In Cash | $-238,088,000 | $167,560 | $-222,512 | $313,754 |
| Proceeds From Stock Option Exercised | $0 | $0 | $0 | $7,750,000 |
| Net Issuance Payments Of Debt | $0 | $0 | $705,000 | $1,121,374 |
| Net Long Term Debt Issuance | $0 | $0 | - | $1,196,548 |
| Long Term Debt Payments | $0 | $0 | - | $-75,174 |
| Net Business Purchase And Sale | $0 | $0 | - | - |
| Purchase Of Business | $0 | $0 | - | - |
| Change In Working Capital | $-9,442,000 | $2,557,000 | $5,192,838 | $-325,008 |
| Change In Payables And Accrued Expense | $3,775,000 | $359,000 | $4,680,542 | $275,500 |
| Change In Payable | $3,775,000 | $359,000 | $4,680,542 | $275,500 |
| Change In Account Payable | $3,775,000 | $-4,430,000 | $4,350,391 | $275,500 |
| Change In Prepaid Assets | $-7,544,000 | $0 | $512,296 | $-600,508 |
| Change In Inventory | $-5,673,000 | $2,198,000 | - | - |
| Other Non Cash Items | $88,245,000 | $-717,062 | $-3,818,320 | $-81,598 |
| Stock Based Compensation | $42,679,000 | $0 | - | - |
| Deferred Tax | $11,671,000 | $0 | - | - |
| Deferred Income Tax | $11,671,000 | $0 | - | - |
| Depreciation Amortization Depletion | $14,510,000 | $21,018,000 | - | - |
| Depreciation And Amortization | $14,510,000 | $21,018,000 | - | - |
| Depreciation | $14,510,000 | $21,018,000 | - | - |
| Gain Loss On Investment Securities | $-89,203,000 | $27,064,500 | $-498,000 | $-5,874,296 |
| Net Income From Continuing Operations | $-410,162,000 | $-93,673,000 | $-2,590,948 | $4,273,078 |
| Issuance Of Debt | - | $2,565,000 | $705,000 | $1,196,548 |
| Income Tax Paid Supplemental Data | - | $1,246,194 | $426,918 | - |
| Common Stock Payments | - | $-230,129,156 | $0 | - |
| Net Short Term Debt Issuance | - | $2,565,000 | $705,000 | $1,121,374 |
| Short Term Debt Issuance | - | $2,565,000 | $705,000 | $1,196,548 |
| Change In Tax Payable | - | $-330,151 | $330,151 | $0 |
| Change In Income Tax Payable | - | $-330,151 | $330,151 | $0 |
| Short Term Debt Payments | - | - | $0 | $-75,174 |
| Long Term Debt Issuance | - | - | - | $1,196,548 |
Fetched: 2026-06-18