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Sable Offshore Corp

23.05 USD
+0.42
1.86%
At close Mar 11, 4:00 PM EDT
After hours
23.11
+0.06
0.26%
1 day
1.86%
5 days
-7.54%
1 month
-7.21%
3 months
6.42%
6 months
11.62%
Year to date
-0.99%
1 year
90.50%
5 years
137.63%
10 years
137.63%
 

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 7,363 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

241% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 17

133% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 27

117% more call options, than puts

Call options by funds: $102M | Put options by funds: $47.2M

29% more funds holding

Funds holding: 129 [Q3] → 166 (+37) [Q4]

12% more capital invested

Capital invested by funds: $1.02B [Q3] → $1.14B (+$119M) [Q4]

10.63% less ownership

Funds ownership: 66.48% [Q3] → 55.85% (-10.63%) [Q4]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]

Research analyst outlook

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

Low target
$37
61%
upside
Avg. target
$37
61%
upside
High target
$37
61%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Benchmark
Subash Chandra
16% 1-year accuracy
6 / 37 met price target
61%upside
$37
Buy
Reiterated
20 Feb 2025

Financial journalist opinion

Neutral
Business Wire
2 months ago
Sable Offshore Corp. Provides Update on Litigation Status
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Litigation Status.
Sable Offshore Corp. Provides Update on Litigation Status
Neutral
Seeking Alpha
2 months ago
Sable Offshore Offers Convexity For 2025
Sable Offshore Corp. (SOC) is a high-risk investment with potential upside if the Santa Ynez pipeline reopens, expected in Q1 2025. Waivers from the California Office of the State Fire Marshal are a significant milestone, with hydrotesting scheduled for January 2025. If reopened, Santa Ynez could produce over 50,000 barrels per day, but high capex and operational risks remain.
Sable Offshore Offers Convexity For 2025
Neutral
Business Wire
3 months ago
Sable Offshore Corp. Reports Third Quarter 2024 Financial and Operational Results
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Third Quarter 2024 Financial and Operational Results.
Sable Offshore Corp. Reports Third Quarter 2024 Financial and Operational Results
Neutral
Business Wire
3 months ago
Sable Offshore Corp. Continues to Coordinate with California Coastal Commission on Maintenance and Repair Work in the Coastal Zone
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sable Offshore Corp. Continues to Coordinate with California Coastal Commission on Maintenance and Repair Work in the Coastal Zone.
Sable Offshore Corp. Continues to Coordinate with California Coastal Commission on Maintenance and Repair Work in the Coastal Zone
Neutral
Business Wire
4 months ago
Sable Offshore Corp. Announces Completion of Redemption of Public Warrants
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Completion of Redemption of Public Warrants.
Sable Offshore Corp. Announces Completion of Redemption of Public Warrants
Neutral
Business Wire
5 months ago
Sable Offshore Corp. Provides Update on Pacific Pipeline Company Operations
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Pacific Pipeline Company Operations.
Sable Offshore Corp. Provides Update on Pacific Pipeline Company Operations
Neutral
Business Wire
5 months ago
Sable Offshore Corp. Announces Redemption of Public Warrants
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Redemption of Public Warrants.
Sable Offshore Corp. Announces Redemption of Public Warrants
Neutral
24/7 Wall Street
5 months ago
Check Out Last Week's Big Insider Buying: Biotechs, Energy, and More
24/7 Wall St. Insights Summer gave way to autumn this past week, and notable insider buying continued.
Check Out Last Week's Big Insider Buying: Biotechs, Energy, and More
Negative
Benzinga
5 months ago
Crude Oil Moves Higher; Sable Offshore Shares Slide
U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite falling around 0.5% on Friday.
Crude Oil Moves Higher; Sable Offshore Shares Slide
Neutral
Business Wire
5 months ago
Sable Offshore Corp. Announces $150 Million Private Placement of Shares and Update on Warrant Exercises
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces $150 Million Private Placement of Shares and Update on Warrant Exercises.
Sable Offshore Corp. Announces $150 Million Private Placement of Shares and Update on Warrant Exercises
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