Sable Offshore CorpSOC
SOC
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. The company is managed as one reportable segment, oil and gas.
Employees: 161
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures 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 (+$122M) [Q4]
10.44% less ownership
Funds ownership: 66.29% [Q3] → 55.85% (-10.44%) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6
70%
downside
Avg. target
$24
21%
upside
High target
$37
84%
upside
3 analyst ratings
2 positive
67%
0 neutral
0%
1 negative
33%
Roth MKM Leo Mariani 50% 1-year accuracy 2 / 4 met price target | 49%upside $30 | Buy Initiated | 27 Mar 2025 |
BWS Financial Hamed Khorsand 46% 1-year accuracy 84 / 184 met price target | 70%downside $6 | Sell Maintained | 18 Mar 2025 |
Benchmark Subash Chandra 14% 1-year accuracy 5 / 37 met price target | 84%upside $37 | Buy Reiterated | 20 Feb 2025 |
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Sable Offshore Has One Last Regulatory Hurdle Before Operating (Rating Upgrade)
Sable Offshore Corp. is nearing regulatory approval for its Pacific offshore production project, prompting an upgrade to a Buy rating with a $45.28/share price target. The firm has faced regulatory hurdles from the California Coastal Commission but is expected to overcome them with a supportive federal administration. The SYU reservoir holds substantial resources, and once operational, SOC is projected to achieve long-term EBITDA margins of 40-44%, driving strong cash flow.
Neutral
Business Wire
1 month ago
Sable Offshore Corp. Reports 2024 Financial and Operational Results
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports 2024 Financial and Operational Results.
Neutral
Business Wire
3 months ago
Sable Offshore Corp. Provides Update on Litigation Status
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Litigation Status.
Neutral
Seeking Alpha
3 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.
Neutral
Business Wire
5 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.
Neutral
Business Wire
5 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.
Neutral
Business Wire
5 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.
Neutral
Business Wire
6 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.
Neutral
Business Wire
6 months ago
Sable Offshore Corp. Announces Redemption of Public Warrants
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Redemption of Public Warrants.
Neutral
24/7 Wall Street
6 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.
Charts implemented using Lightweight Charts™