NYSE:SOC

Sable Offshore (SOC) Stock Price, News & Analysis

$11.22
-0.10 (-0.88%)
(As of 02:18 PM ET)
Today's Range
$11.14
$11.45
50-Day Range
$10.26
$12.29
52-Week Range
$10.11
$13.15
Volume
128,729 shs
Average Volume
125,683 shs
Market Capitalization
$675.11 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
78.3% Upside
$20.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions 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
1,681.82%
From $0.22 to $3.92 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.

3.19 out of 5 stars

Oils/Energy Sector

130th out of 242 stocks

Crude Petroleum & Natural Gas Industry

45th out of 78 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

SOC Sable Offshore Corp.
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While gold may be thanking China for its recent growth, this sector is currently thanking Elon Musk. As crazy as it sounds, artificial intelligence just got one step closer to ushering in "the next step in human evolution"... and minting new millionaires. And it's all thanks to Musk's latest AI creation.
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
5/13/2024
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
+70.4%
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
$706.40 million
Optionable
N/A
Beta
0.06
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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 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 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 Wall Street analysts have issued 1 year price objectives for Sable Offshore's shares. Their SOC share price targets range from $20.00 to $20.00. On average, they predict the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 78.3% 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 at the start of the year. Since then, SOC stock has decreased by 7.0% and is now trading at $11.22.
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 5/13/2024 by MarketBeat.com Staff

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