Q3 EPS Estimates for Sable Offshore Decreased by Analyst

Key Points

• Roth Capital has lowered its Q3 2025 EPS estimates for Sable Offshore to ($0.96) per share, down from ($0.44), while maintaining a "Buy" rating and a target price of $37.00.
• The consensus estimate for Sable Offshore's full-year earnings is projected to be ($6.39) per share, indicating significant expected losses.
• Despite the lowered estimates, Sable Offshore stock has a consensus rating of "Moderate Buy," with a number of institutional investors recently increasing their stakes in the company.

Sable Offshore Corp. (NYSE:SOC - Free Report) - Roth Capital dropped their Q3 2025 earnings estimates for shares of Sable Offshore in a report released on Tuesday, September 16th. Roth Capital analyst L. Mariani now expects that the company will post earnings per share of ($0.96) for the quarter, down from their prior estimate of ($0.44). Roth Capital has a "Buy" rating and a $37.00 price target on the stock. The consensus estimate for Sable Offshore's current full-year earnings is ($6.39) per share. Roth Capital also issued estimates for Sable Offshore's Q4 2025 earnings at $0.04 EPS and FY2025 earnings at ($3.67) EPS.

Sable Offshore (NYSE:SOC - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported ($1.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.66) by ($0.44).

Separately, Jefferies Financial Group reissued a "buy" rating on shares of Sable Offshore in a research note on Monday, May 26th. Six equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $30.00.

Sable Offshore Trading Down 2.0%

Shares of NYSE:SOC traded down $0.48 during trading on Thursday, reaching $23.58. 4,585,062 shares of the company traded hands, compared to its average volume of 4,252,989. The firm has a fifty day simple moving average of $26.86 and a 200 day simple moving average of $24.64. Sable Offshore has a 1-year low of $16.26 and a 1-year high of $35.00.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SOC. SVB Wealth LLC bought a new position in Sable Offshore in the 1st quarter worth $29,000. CWM LLC raised its holdings in Sable Offshore by 1,262.8% in the 2nd quarter. CWM LLC now owns 1,867 shares of the company's stock worth $41,000 after acquiring an additional 1,730 shares during the period. KBC Group NV bought a new position in Sable Offshore in the 2nd quarter worth $46,000. Quantbot Technologies LP bought a new position in Sable Offshore in the 1st quarter worth $48,000. Finally, NewEdge Advisors LLC raised its holdings in Sable Offshore by 36.2% in the 1st quarter. NewEdge Advisors LLC now owns 2,448 shares of the company's stock worth $62,000 after acquiring an additional 650 shares during the period. Institutional investors own 26.19% of the company's stock.

Insider Buying and Selling at Sable Offshore

In related news, major shareholder Global Icav Pilgrim sold 167,175 shares of Sable Offshore stock in a transaction on Friday, July 18th. The shares were sold at an average price of $21.98, for a total value of $3,674,506.50. Following the transaction, the insider owned 9,933,394 shares in the company, valued at $218,336,000.12. This trade represents a 1.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 36.36% of the company's stock.

Sable Offshore Company Profile

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.