Sable Offshore Corp
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 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3,300% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 2
300% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 8 (+6) [Q3]
143% more call options, than puts
Call options by funds: $19.7M | Put options by funds: $8.11M
112% more capital invested
Capital invested by funds: $483M [Q2] → $1.02B (+$538M) [Q3]
106% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 17
98% more funds holding
Funds holding: 65 [Q2] → 129 (+64) [Q3]
13.24% more ownership
Funds ownership: 53.25% [Q2] → 66.49% (+13.24%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$6
74%
downside
Avg. target
$6
74%
downside
High target
$6
74%
downside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
BWS Financial Hamed Khorsand 63% 1-year accuracy 102 / 163 met price target | 74%downside $6 | Sell Maintained | 27 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Sable Offshore Corp. Provides Update on Litigation Status
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Update on Litigation Status.
Neutral
Seeking Alpha
3 weeks 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
1 month 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
1 month 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
2 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
3 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
3 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
3 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.
Negative
Benzinga
3 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.
Neutral
Business Wire
3 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.
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