Sable Offshore (SOC) Stock Price, News & Analysis

Company Overview

Sable Offshore (NYSE:SOC) is a closed-end management investment company that owns and charters offshore drilling rigs to major energy companies under long-term contracts. The company’s primary business activity involves the acquisition, financing and lease of jack-up drilling units designed for shallow-water exploration and development. By securing multi-year charters with leading national and international oil companies, Sable Offshore provides stable revenue streams while facilitating global offshore drilling operations.

As of the latest portfolio, Sable Offshore’s assets include three high-specification jack-up rigs equipped for drilling in water depths up to 400 feet. These assets are deployed on long-term contracts in key hydrocarbon regions, offering services such as platform drilling, well completion and routine maintenance support. The rigs’ modular design and robust hull construction enable efficient mobilization between projects and compliance with stringent safety and environmental standards.

Founded in 2005 and listed on the New York Stock Exchange in 2006, Sable Offshore has grown through strategic rig acquisitions and contract renewals. The company initially focused on the Asia Pacific region before expanding into the Middle East and Eastern Mediterranean markets. Over time, its disciplined charter strategy and capital structure have allowed Sable Offshore to weather industry cycles and secure high-quality counterparties for its drilling units.

Governed by a board of directors with extensive backgrounds in offshore drilling and finance, Sable Offshore’s executive leadership is headed by President and Chief Executive Officer John P. Parker. Under his stewardship, the management team emphasizes operational efficiency, asset integrity and long-term contract stability. The company maintains corporate offices in Houston, Texas, and continues to explore opportunities for portfolio enhancement and geographic diversification.

Key Stats

• Today's Range: $21.99 to $22.96
• 50-Day Range: $19.83 to $33.00
• 52-Week Range: $13.66 to $35.00
• Volume: 792,392 shs
• Average Volume: 1.57 million shs
• Market Capitalization: $2.03 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $30.33
• Consensus Rating: Moderate Buy

Sable Offshore Stock Analysis - MarketRank™

Sable Offshore scored higher than 44% of companies evaluated by MarketBeat, and ranked 189th out of 266 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Sable Offshore has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 6 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Sable Offshore has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Sable Offshore are expected to grow in the coming year, from ($6.39) to $1.97 per share.

Price to Book Value per Share Ratio

Sable Offshore has a P/B Ratio of 5.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.93% of the float of Sable Offshore has been sold short.

Short Interest Ratio / Days to Cover

Sable Offshore has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Sable Offshore has recently increased by 10.03%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sable Offshore does not currently pay a dividend.

Dividend Growth

Sable Offshore does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.93% of the float of Sable Offshore has been sold short.

Short Interest Ratio / Days to Cover

Sable Offshore has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Sable Offshore has recently increased by 10.03%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.33

News Sentiment

Sable Offshore has a news sentiment score of 0.33. 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 is a lower news sentiment than the 0.78 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Sable Offshore this week, compared to 6 articles on an average week.

Search Interest

18 people have searched for SOC on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Sable Offshore to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sable Offshore insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,648,358.00 in company stock.

Percentage Held by Insiders

36.36% 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 Institutions

Only 26.19% of the stock of Sable Offshore is held by institutions.

SOC Stock Analysis - Frequently Asked Questions

How have SOC shares performed this year?

Sable Offshore's stock was trading at $22.90 at the beginning of 2025. Since then, SOC stock has decreased by 1.1% and is now trading at $22.6450.

How were Sable Offshore's earnings last quarter?

Sable Offshore Corp. (NYSE:SOC) released its quarterly earnings results on Tuesday, May, 13th. The company reported ($1.05) EPS for the quarter, missing the consensus estimate of ($0.43) by $0.63. The firm earned $78 million during the quarter, compared to analyst estimates of $21 million.

Who are Sable Offshore's major shareholders?

Sable Offshore's top institutional shareholders include Salem Investment Counselors Inc. (0.01%). 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.

What other stocks do shareholders of Sable Offshore own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sable Offshore investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 5/13/2025
• Today: 7/14/2025
• Next Earnings (Estimated): 8/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - US INTEGRTD
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:SOC
• Previous Symbol: NYSE:SOC
• CIK: 1831481
• Web: www.flameacq.com
• Phone: 713-579-6106
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Sable Offshore: $30.33
• High Price Target: $47.00
• Low Price Target: $6.00
• Potential Upside/Downside: +34.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$629.07 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -145.52%
• Return on Assets: -23.70%

Debt

• Debt-to-Equity Ratio: 3.04
• Current Ratio: 1.67
• Quick Ratio: 1.57

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.30 per share
• Price / Book: 5.26

Miscellaneous

• Outstanding Shares: 89,410,000
• Free Float: 56,902,000
• Market Cap: $2.02 billion
• Optionable: N/A
• Beta: 0.57