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Sable Offshore Corp. logo

Sable Offshore Corp.

SOC

NYSEEnergyOil & Gas Drilling

Open in GoAI

Regular session

$5.155

+$0.055 · +1.08%

Aug 24, 10:19 AM ET

SOC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

2

Overpriced

Momentum

28

Weakening

Sentiment

53

Mixed

Risk resilience

40

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Sable Offshore Corp. (SOC) specializes in the exploration and production of oil and natural gas across the United States. The company's operational assets include three offshore platforms located off the California coast, along with an onshore processing facility. These operations are supported by 16 federal leases that encompass approximately 76,000 acres. Established in 2020, the firm was previously known as Flame Acquisition Corp. before officially adopting the name Sable Offshore Corp. in February 2024. Its corporate headquarters are situated in Houston, Texas.

Industry
Oil & Gas Drilling
Sector
Energy
Headquarters
US
CEO
James C. Flores
Listed since
Apr 19, 2021
Employees
200

Market position

Day range

Current $5.155

52-week range

Current $5.155

Open
$5.01
Previous close
$5.10
Volume
1.15M
0.14× average
Average volume
8.41M
Average daily volume
Market cap
963.11M USD
Beta
-0.14
Market reference 1
50-day average
$5.5762
-7.55% below average
200-day average
$9.532
-45.92% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.73B USD
EV / EBITDA
-5.82×
Earnings yield
-46.32%
Free cash flow yield
-86.87%

Profitability & efficiency

Return on equity
-76.77%
Return on assets
-23.56%
Return on invested capital
-24.87%

Financial health

Current ratio
0.13×

Financial statements

Income trends

Operating income

−408.28M USD-20.65%

Net income

−410.16M USD+34.80%
Income trends across reported periods67.61M USD−185.73M USD−439.06M USD−692.4M USDOperating income, FY2021: −1.68M USDOperating income, FY2022: −6.15M USDOperating income, FY2023: −94.47M USDOperating income, FY2024: −338.41M USDOperating income, FY2025: −408.28M USDNet income, FY2021: 4.27M USDNet income, FY2022: −2.59M USDNet income, FY2023: −93.67M USDNet income, FY2024: −629.07M USDNet income, FY2025: −410.16M USDFY2021FY2022FY2023FY2024FY2025
Operating income FY2021 −1.68M USD. Operating income FY2022 −6.15M USD. Operating income FY2023 −94.47M USD. Operating income FY2024 −338.41M USD. Operating income FY2025 −408.28M USD. Net income FY2021 4.27M USD. Net income FY2022 −2.59M USD. Net income FY2023 −93.67M USD. Net income FY2024 −629.07M USD. Net income FY2025 −410.16M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Cost of goods sold14.51M USD13.43M USD21.02M USD——
Gross profit−14.51M USD−13.43M USD−21.02M USD——
Selling, general, and administrative176.2M USD324.98M USD12.76M USD—1.68M USD
Operating expenses393.77M USD324.98M USD73.46M USD6.15M USD1.68M USD
Interest income——4.42M USD3.99M USD16.15K USD
Interest expense88.25M USD67.31M USD———
Depreciation and amortization12.89M USD13.43M USD21.02M USD——
Operating income−408.28M USD−338.41M USD−94.47M USD−6.15M USD−1.68M USD
Net income−410.16M USD−629.07M USD−93.67M USD−2.59M USD4.27M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
9%
1 beat, 10 misses, 0 met estimates
Average EPS surprise
-235.93%
11 comparable reports
Latest EPS result
-0.42
Estimate 0.37 · Miss by 214.75%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.5-0.17-0.84-1.51Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 27, 2025: actual -0.54, estimate -0.22, surprise -145.45%, Miss. Q2 2025, reported May 13, 2025: actual -1.05, estimate -0.39, surprise -169.23%, Miss. Q3 2025, reported Aug 12, 2025: actual -1.1, estimate -0.66, surprise -66.67%, Miss. Q4 2025, reported Nov 13, 2025: actual -1.11, estimate -0.9, surprise -23.33%, Miss. Q1 2026, reported Feb 27, 2026: actual -0.39, estimate -0.59, surprise +33.90%, Beat. Q2 2026, reported May 6, 2026: actual -1.37, estimate -0.64, surprise -114.06%, Miss. Q3 2026, reported Aug 10, 2026: actual -0.42, estimate 0.366, surprise -214.75%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.066, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates256.62M171.22M85.82M425KQ1 '25MissQ2 '25EstimateQ3 '25MissQ4 '25MissQ1 '26EstimateQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 27, 2025: actual 18.97M USD, estimate 49M USD, surprise -61.29%, Miss. Q2 2025, reported May 13, 2025: actual —, estimate 21M USD, surprise —, Comparison unavailable. Q3 2025, reported Aug 12, 2025: actual 1.5M USD, estimate 92.96M USD, surprise -98.39%, Miss. Q4 2025, reported Nov 13, 2025: actual 1M USD, estimate 39.51M USD, surprise -97.47%, Miss. Q1 2026, reported Feb 27, 2026: actual —, estimate 500K USD, surprise —, Comparison unavailable. Q2 2026, reported May 6, 2026: actual 1.27M USD, estimate 16.1M USD, surprise -92.11%, Miss. Q3 2026, reported Aug 10, 2026: actual 137.13M USD, estimate 237.65M USD, surprise -42.30%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate 191.43M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy00%
Buy250%
Hold125%
Sell125%
Strong sell00%

SOC news

gurufocus.com

NTT DATA and Palo Alto Networks Sign Global Strategic Alliance to Accelerate Secure AI Transformation

NTT DATA, a global leader in AI, digital business and technology services, and Palo Alto Networks (NASDAQ: PANW) today announced a multi-year strategic alliance

Read source
seekingalpha.com

Sable Offshore: Too Risky, Moving To Sell

I am cutting my losses on Sable Offshore Corp. due to a bearish outlook on crude oil. 2Q results revealed slower-than-expected production ramp, hindered by third-party midstream and downstream constraints outside SOC's…

Read source
marketbeat.com

Sable Offshore Q2 Earnings Call Highlights

Sable Offshore NYSE: SOC outlined plans to restart Platform Hondo by the end of September, pursue a broader refinancing in 2027 and address near-term crude marketing constraints during its second-quarter 2026 investor…

Read source
zacks.com

Sable Offshore Corp. (SOC) Q2 Earnings and Revenues Lag Estimates

Sable Offshore Corp. (SOC) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to a loss of $1.1 per share a year ago.

Read source
businesswire.com

Sable Offshore Corp. Announces Timing of Second Quarter 2026 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Timing of Second Quarter 2026 Earnings Conference Call.

Read source
businesswire.com

Sable Offshore Corp. Reports Second Quarter 2026 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Second Quarter 2026 Financial and Operational Results.

Read source

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ETFs holding SOC

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
26.67M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.86-0.37%
State Street SPDR S&P Oil & Gas Exploration & Production ETF logoState Street SPDR S&P Oil & Gas Exploration & Production ETFXOP
Market value
25.01M
Weight
0.66%
AUM
3.82B USD
Expense ratio
0.35%
Price / 1D
$188-0.81%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
17.33M
Weight
0.02%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.74-0.41%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
7.98M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.82-0.70%
Vanguard Energy ETF logoVanguard Energy ETFVDE
Market value
7.13M
Weight
0.06%
AUM
12.4B USD
Expense ratio
0.09%
Price / 1D
$178.46-0.62%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
6.25M
Weight
0.04%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$383.52-0.99%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
3.97M
Weight
0.02%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$120.79-0.38%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
3.15M
Weight
0.01%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.4401-1.13%

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