NYSE:SOC

Sable Offshore (SOC) Stock Price, News & Analysis

$10.59
+0.12 (+1.15%)
(As of 04/26/2024 ET)
Today's Range
$10.35
$10.70
50-Day Range
$10.26
$12.38
52-Week Range
$10.11
$13.15
Volume
65,155 shs
Average Volume
151,885 shs
Market Capitalization
$637.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00

Sable Offshore MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
88.9% Upside
$20.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.13mentions of Sable Offshore in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$63 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.80) to $0.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.27 out of 5 stars

Oils/Energy Sector

169th out of 236 stocks

Crude Petroleum & Natural Gas Industry

57th out of 76 stocks

SOC stock logo

About Sable Offshore Stock (NYSE:SOC)

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. It operates through three platforms located offshore California and an onshore processing facility comprised of 16 federal leases across approximately 76,000 acres. 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 based in Houston, Texas.

SOC Stock Price History

SOC Stock News Headlines

Sable Offshore (NYSE:SOC) Sets New 1-Year Low at $10.11
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SOC Sable Offshore Corp.
Sable Offshore Corp. (SOC)
Sable Offshore Corp. Cl A
Sable Offshore Corp SOC
SOC.WS Sable Offshore Corp. WT EXP
See More Headlines
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Company Calendar

Today
4/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
106
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+88.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-32,180,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
($7.73) per share

Miscellaneous

Free Float
51,562,000
Market Cap
$637.20 million
Optionable
N/A
Beta
0.03
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Key Executives

  • Mr. James C. Flores (Age 65)
    Chairman & CEO
  • Mr. J. Caldwell Flores (Age 31)
    President
  • Mr. Gregory D. Patrinely (Age 38)
    Executive VP & CFO
  • Mr. Doss R. Bourgeois (Age 68)
    Executive VP & COO
  • Mr. Anthony C. Duenner (Age 63)
    Executive VP, General Counsel & Secretary

SOC Stock Analysis - Frequently Asked Questions

Should I buy or sell Sable Offshore stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sable Offshore in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SOC shares.
View SOC analyst ratings
or view top-rated stocks.

What is Sable Offshore's stock price target for 2024?

1 analysts have issued 12-month target prices for Sable Offshore's stock. Their SOC share price targets range from $20.00 to $20.00. On average, they predict the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 88.9% from the stock's current price.
View analysts price targets for SOC
or view top-rated stocks among Wall Street analysts.

How have SOC shares performed in 2024?

Sable Offshore's stock was trading at $12.07 on January 1st, 2024. Since then, SOC shares have decreased by 12.3% and is now trading at $10.59.
View the best growth stocks for 2024 here
.

Who are Sable Offshore's major shareholders?

Sable Offshore's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Clarus Group Inc. (0.05%). Insiders that own company stock include Christopher Binyon Sarofim and James Caldwell Flores.
View institutional ownership trends
.

How do I buy shares of Sable Offshore?

Shares of SOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SOC) was last updated on 4/28/2024 by MarketBeat.com Staff

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