SOC stock icon

Sable Offshore Corp

19.90 USD
-0.11
0.55%
At close Oct 17, 4:00 PM EDT
After hours
20.65
+0.75
3.77%
1 day
-0.55%
5 days
2.37%
1 month
-23.14%
3 months
23.91%
6 months
92.46%
Year to date
68.07%
1 year
88.98%
5 years
105.15%
 

About: Sable Offshore Corp is a Houston-based independent upstream company focused on responsibly developing the prolific Santa Ynez Unit in federal waters offshore California.

Employees: 106

0
Funds holding %
of 6,740 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

120% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 20

59% more funds holding

Funds holding: 41 [Q1] → 65 (+24) [Q2]

45% more capital invested

Capital invested by funds: $330M [Q1] → $479M (+$150M) [Q2]

2.76% more ownership

Funds ownership: 50.14% [Q1] → 52.91% (+2.76%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$6
70%
downside
Avg. target
$26
30%
upside
High target
$37
86%
upside

6 analyst ratings

positive
83%
neutral
0%
negative
17%
BWS Financial
Hamed Khorsand
68% 1-year accuracy
36 / 53 met price target
70%downside
$6
Sell
Initiated
8 Oct 2024
Benchmark
Subash Chandra
41% 1-year accuracy
9 / 22 met price target
86%upside
$37
Buy
Reiterated
7 Oct 2024
Benchmark
Subash Chandra
41% 1-year accuracy
9 / 22 met price target
86%upside
$37
Buy
Maintained
24 Sept 2024
Jefferies
Lloyd Byrne
18% 1-year accuracy
3 / 17 met price target
61%upside
$32
Buy
Maintained
4 Sept 2024
Jefferies
Lloyd Byrne
18% 1-year accuracy
3 / 17 met price target
5%downside
$19
Buy
Initiated
13 Aug 2024

Financial journalist opinion

Based on 5 articles about SOC published over the past 30 days

Charts implemented using Lightweight Charts™