NYSE:SOC Sable Offshore (SOC) Stock Price, News & Analysis $21.82 +0.21 (+0.97%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$20.90▼$22.1550-Day Range$13.98▼$23.4352-Week Range$10.11▼$24.36Volume800,466 shsAverage Volume368,228 shsMarket Capitalization$1.31 billionP/E RatioN/ADividend YieldN/APrice Target$25.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Sable Offshore alerts: Email Address Sable Offshore MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside16.1% Upside$25.33 Price TargetShort InterestBearish6.59% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 12 Articles This WeekInsider TradingAcquiring Shares$633,450 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.82) to $3.33 Per ShareSee Full Details Hide Full Details 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.0.83 out of 5 starsOils/Energy Sector219th out of 239 stocksCrude Petroleum & Natural Gas Industry72nd out of 79 stocks 2.5 Analyst's Opinion Consensus RatingSable Offshore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSable Offshore has only been the subject of 2 research reports in the past 90 days.Read more about Sable Offshore's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.59% of the float of Sable Offshore has been sold short.Short Interest Ratio / Days to CoverSable Offshore has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Sable Offshore has recently increased by 3.91%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldSable Offshore does not currently pay a dividend.Dividend GrowthSable Offshore does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SOC. Previous Next 2.0 News and Social Media Coverage News SentimentSable Offshore has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Sable Offshore this week, compared to 2 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sable Offshore insiders have bought more of their company's stock than they have sold. Specifically, they have bought $633,450.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders14.30% of the stock of Sable Offshore is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.19% of the stock of Sable Offshore is held by institutions.Read more about Sable Offshore's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sable Offshore are expected to grow in the coming year, from ($2.82) to $3.33 per share.Price to Book Value per Share RatioSable Offshore has a P/B Ratio of 11.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Sable Offshore's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About Sable Offshore Stock (NYSE:SOC)Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport 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 based in Houston, Texas.Read More SOC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SOC Stock News HeadlinesAugust 30, 2024 | insidertrades.comSable Offshore Corp. (NYSE:SOC) Major Shareholder Global Icav Pilgrim Acquires 41,000 SharesSeptember 5 at 3:47 AM | americanbankingnews.comSable Offshore (NYSE:SOC) Price Target Increased to $32.00 by Analysts at Jefferies Financial GroupSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 4 at 9:49 PM | markets.businessinsider.comSable Offshore’s Buy Rating Affirmed with Increased Price Target Post-Legal Settlement and Operational AdvancementsSeptember 4 at 9:49 PM | markets.businessinsider.comSable Offshore’s Favorable Outlook Justifies Buy Rating and Target Price IncreaseSeptember 4 at 4:48 AM | marketwatch.comSable Offshore Shares Rise 28% on Settled Litigation with Santa Barbara County, Production Restart ViewsSeptember 4 at 4:48 AM | msn.comSable Offshore soars to all-time high on California settlementSeptember 4 at 2:19 AM | americanbankingnews.comSable Offshore Sees Unusually Large Options Volume (NYSE:SOC)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 31, 2024 | americanbankingnews.comSable Offshore Corp. (NYSE:SOC) Major Shareholder Global Icav Pilgrim Purchases 41,000 SharesAugust 25, 2024 | investing.comSable Offshore Corp (SOC)August 20, 2024 | investorplace.comSOC Stock Earnings: Sable Offshore Misses EPS for Q2 2024August 14, 2024 | finance.yahoo.comSable Offshore Corp. Reports Second Quarter 2024 Financial and Operational ResultsAugust 14, 2024 | msn.comJefferies Initiates Coverage of Sable Offshore (SOC) with Buy RecommendationJuly 22, 2024 | markets.businessinsider.comSABLE OFFSHORE Is a Great Choice for 'Trend' Investors, Here's WhyJune 6, 2024 | businesswire.com.conf24: Splunk Advances Digital Resilience and AI Innovation at Upcoming Annual User ConferenceMay 15, 2024 | businesswire.comSable Offshore Corp. Reports First Quarter 2024 Financial Results and Provides Operational UpdatesMay 15, 2024 | msn.com4 Small-Cap Energy Stocks Insiders are BuyingSee More Headlines Receive SOC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sable Offshore and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/13/2024Today9/07/2024Next Earnings (Estimated)11/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:SOC Previous SymbolNYSE:SOC CUSIPN/A CIK1831481 Webwww.flameacq.com Phone713-579-6106FaxN/AEmployees2Year FoundedN/APrice Target and Rating Average Stock Price Target$25.33 High Stock Price Target$32.00 Low Stock Price Target$20.00 Potential Upside/Downside+16.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-32,180,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-451.70% Return on Assets-51.62% Debt Debt-to-Equity Ratio6.48 Current Ratio2.73 Quick Ratio2.46 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.88 per share Price / Book11.61Miscellaneous Outstanding Shares60,166,000Free Float51,562,000Market Cap$1.31 billion OptionableN/A Beta0.26 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for September 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. 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 Key CompetitorsValvolineNYSE:VVVMagnolia Oil & GasNYSE:MGYVista EnergyNYSE:VISTSasolNYSE:SSLVerenNYSE:VRNView All CompetitorsInsiders & InstitutionsGlobal Icav PilgrimBought 41,000 shares on 8/27/2024Total: $633,450.00 ($15.45/share)The Manufacturers Life Insurance Company Bought 21,484 shares on 8/15/2024Ownership: 0.036%GM Advisory Group LLCBought 108,441 shares on 8/13/2024Ownership: 0.180%Amalgamated BankBought 1,746 shares on 8/12/2024Ownership: 0.003%Rhumbline AdvisersBought 57,194 shares on 8/1/2024Ownership: 0.095%View All Insider TransactionsView All Institutional Transactions SOC Stock Analysis - Frequently Asked Questions How have SOC shares performed this year? Sable Offshore's stock was trading at $12.07 at the beginning of 2024. Since then, SOC stock has increased by 80.8% and is now trading at $21.82. View the best growth stocks for 2024 here. How were Sable Offshore's earnings last quarter? Sable Offshore Corp. (NYSE:SOC) issued its quarterly earnings data on Tuesday, August, 13th. The company reported ($2.75) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by $2.36. Who are Sable Offshore's major shareholders? Sable Offshore's top institutional investors include Bank of New York Mellon Corp (0.24%), GM Advisory Group LLC (0.18%), Rhumbline Advisers (0.10%) and Emfo LLC (0.04%). Insiders that own company stock include Global Icav Pilgrim, Christopher Binyon Sarofim, James C Flores, James Caldwell Flores and Gregory Phillip Pipkin. 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. 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