Sable Offshore Corp./$SOC
1D1W1MYTD1Y5YMAX
Capital at risk
About Sable Offshore Corp.
Sable Offshore Corp is a Houston-based independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California. The company operates as one reportable oil and gas segment and is engaged in the acquisition, development, exploration, and production of oil and natural gas.
- Ticker
- $SOC
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 200
- Headquarters
- Houston, United States
- Website
- www.sableoffshore.com
SOC Metrics
BasicAdvanced
$879M
-
-$3.37
-0.14
-
Price and volume
Market cap
$879M
Beta
-0.14
52-week high
$24.96
52-week low
$2.88
Average daily volume
8.7M
Financial strength
Current ratio
0.24
Quick ratio
0.161
Long term debt to equity
1.901
Total debt to equity
2.5
Interest coverage (TTM)
-3.20%
Profitability
EBITDA (TTM)
-353.752
Gross margin (TTM)
-128.23%
Net profit margin (TTM)
-313.44%
Operating margin (TTM)
-286.43%
Effective tax rate (TTM)
-4.82%
Revenue per employee (TTM)
$690,000
Management effectiveness
Return on assets (TTM)
-14.02%
Return on equity (TTM)
-103.21%
Valuation
Price to revenue (TTM)
4.254
Price to book
1.79
Price to tangible book (TTM)
1.79
Price to free cash flow (TTM)
-1.054
Free cash flow yield (TTM)
-94.90%
Free cash flow per share (TTM)
-4.347
Growth
Earnings per share change (TTM)
-46.43%
3-year earnings per share growth (CAGR)
19.55%
Bulls say / Bears say
U.S. Energy Secretary Chris Wright used the Defense Production Act under a Trump executive order to direct Sable Offshore to restore operations for the Santa Ynez Unit and associated pipeline, effectively overriding state-level permitting delays and enabling an operational restart (Bloomberg).
Chevron Corp plans to purchase an initial 20,000 barrels per day of crude from Sable’s Santa Barbara platforms, securing a committed offtake partner that validates production and provides clear revenue visibility (Bloomberg).
A cluster of Sable’s offshore platforms began selling crude to a Chevron refinery near Los Angeles for the first time in over a decade, marking the company’s transition from idled assets to revenue generation following the federal restart order (Bloomberg Tax).
California’s Natural Resources Agency ordered Sable Offshore to remove a pipeline segment crossing a state park just days after federal regulators directed production to resume, underscoring persistent environmental and permitting challenges (Bloomberg).
CEO Jim Flores received a $76 million compensation package in 2025 despite Sable having sold no crude that year, raising significant corporate governance concerns over misaligned management incentives (Bloomberg).
Shares of Sable plunged up to 55% to an all-time low of $3.15 following the announcement of a $400 million equity and convertible note offering to repay debt owed to Exxon Mobil, highlighting substantial dilution risk and refinancing strain (Bloomberg Law).
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.
Upcoming events
No upcoming events
SOC News
AllArticlesVideos
Sable Offshore Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Sable Offshore Corp. - SOC
Business Wire2 weeks ago
Sable Offshore Q2 Earnings Call Highlights
MarketBeat1 month ago
Sable Offshore Corp. Announces Timing of Second Quarter 2026 Earnings Conference Call
Business Wire1 month ago
Funds containing SOC
AllUSDEURGBP
Fund name | Fund size | $SOC weighting |
|---|---|---|
iShares Oil & Gas Exploration & Production$IOGP | $438M | 0.08% |
iShares Oil & Gas Exploration & Production€IOGP | €376M | 0.08% |
iShares Oil & Gas Exploration & Production£SPOG | £323M | 0.08% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.04% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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