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Sable Offshore Corp. Stock Price

NYSE:SOC Community·US$2.0b Market Cap
  • 0 Narratives written by author
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  • 40 Fair Values set on narratives written by author

SOC Share Price Performance

US$13.57
-10.47 (-43.55%)
US$13.57
-10.47 (-43.55%)
Price US$13.57

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Snowflake Analysis

High growth potential with moderate risk.

5 Risks
2 Rewards

Sable Offshore Corp. Key Details

US$1.3m

Revenue

US$252.8m

Cost of Revenue

-US$251.5m

Gross Profit

US$246.1m

Other Expenses

-US$497.6m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-3.22
-19,788.91%
-39,153.74%
226.7%
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About SOC

Founded
2020
Employees
200
CEO
James Flores
WebsiteView website
www.sableoffshore.com

Sable Offshore Corp. operates as an independent oil and gas company in the United States. The company operates through three platforms located in federal waters offshore California. It also owns and operates 16 federal leases across approximately 76,000 acres, as well as subsea pipelines that transports crude oil, natural gas, and produced water from the platforms to the onshore processing facilities. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is headquartered in Houston, Texas.

Recent SOC News & Updates

Seeking Alpha 12h

Sable Offshore Investor Call: Negative Reaction Overdone

Summary Sable Offshore stock declined after an investor call, possibly due to the disclosure it will not be able to obtain federal distress financing. The company should be able to refinance its $900 million short-term loan this month with the assistance of JPMorgan. Sable's production restart has gone well, and estimated cash flows are attractive. The big question is what will happen if California regains control over the pipeline system from the federal government. Read the full article on Seeking Alpha

Recent updates

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