Roth Capital Forecasts Reduced Earnings for Sable Offshore

Key Points

• Roth Capital has significantly lowered its Q3 2025 earnings forecast for Sable Offshore, estimating an EPS of ($0.44), down from a previous estimate of $0.24.
• Sable Offshore reported a Q2 loss of ($1.10) EPS, missing the consensus estimate of ($0.66).
• Institutional investors have increased their holdings in Sable Offshore, with a notable increase of 1,190.1% by FNY Investment Advisers in the first quarter.

Sable Offshore Corp. (NYSE:SOC - Free Report) - Analysts at Roth Capital dropped their Q3 2025 earnings per share (EPS) estimates for shares of Sable Offshore in a research note issued to investors on Tuesday, August 12th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings per share of ($0.44) for the quarter, down from their previous forecast of $0.24. Roth Capital currently 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 $0.20 EPS and FY2025 earnings at ($2.99) EPS.

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

A number of other equities research analysts have also recently commented on SOC. Benchmark lifted their price objective on Sable Offshore from $37.00 to $47.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. BWS Financial reaffirmed a "sell" rating and set a $6.00 price objective on shares of Sable Offshore in a research note on Tuesday, May 13th. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of Sable Offshore in a research note on Monday, May 26th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $30.33.

Sable Offshore Stock Up 1.3%

NYSE SOC opened at $28.86 on Thursday. The stock has a fifty day moving average of $25.39 and a 200-day moving average of $24.90. Sable Offshore has a 52 week low of $14.54 and a 52 week high of $35.00. The company has a debt-to-equity ratio of 3.04, a current ratio of 1.67 and a quick ratio of 1.57.

Hedge Funds Weigh In On Sable Offshore

Institutional investors have recently modified their holdings of the business. CenterBook Partners LP acquired a new position in Sable Offshore in the 1st quarter worth about $1,499,000. Toronto Dominion Bank acquired a new position in Sable Offshore in the 4th quarter worth about $344,000. FNY Investment Advisers LLC increased its holdings in Sable Offshore by 1,190.1% in the 1st quarter. FNY Investment Advisers LLC now owns 15,094 shares of the company's stock worth $382,000 after purchasing an additional 13,924 shares in the last quarter. Encompass Capital Advisors LLC increased its holdings in Sable Offshore by 128.9% in the 4th quarter. Encompass Capital Advisors LLC now owns 1,400,000 shares of the company's stock worth $32,060,000 after purchasing an additional 788,495 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in Sable Offshore by 29.0% in the 4th quarter. California State Teachers Retirement System now owns 31,856 shares of the company's stock worth $730,000 after purchasing an additional 7,152 shares in the last quarter. Institutional investors and hedge funds own 26.19% of the company's stock.

Insider Transactions at Sable Offshore

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

About Sable Offshore

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.

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