Sable Offshore (SOC) Projected to Post Earnings on Monday

Key Points

• Sable Offshore is expected to report Q3 2026 results before the market opens on Monday, November 9. Analysts forecast a loss of $0.1591 per share and revenue of $157.47 million; the earnings call is scheduled for 11:00 a.m. ET.
• The company’s previous quarter significantly missed expectations, reporting a $0.42-per-share loss versus a consensus estimate of $0.37 in earnings and revenue of $137.13 million versus $237.65 million expected.
• SOC shares recently traded near their 12-month low at $2.60, down sharply from a 12-month high of $19.25. Despite weak price performance and mixed analyst views, the stock carries a “Moderate Buy” consensus rating with an $11.40 average price target.

Sable Offshore (NYSE:SOC - Get Free Report) is expected to be issuing its Q3 2026 results before the market opens on Monday, November 9th. Analysts expect the company to post earnings of ($0.1591) per share and revenue of $157.47 million for the quarter. Individuals can find conference call details on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Monday, November 9, 2026 at 11:00 AM ET.

Sable Offshore (NYSE:SOC - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported ($0.42) earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.79). The firm had revenue of $137.13 million during the quarter, compared to the consensus estimate of $237.65 million. On average, analysts expect Sable Offshore to post ($2.20) EPS for the current fiscal year and $0.81 EPS for the next fiscal year.

Sable Offshore Price Performance

SOC traded down $0.14 during trading on Monday, hitting $2.60. 1,043,835 shares of the stock traded hands, compared to its average volume of 7,567,707. The company has a debt-to-equity ratio of 1.85, a current ratio of 0.24 and a quick ratio of 0.18. The company has a market cap of $499.82 million, a price-to-earnings ratio of -0.79 and a beta of -0.13. Sable Offshore has a twelve month low of $2.56 and a twelve month high of $19.25. The business has a 50 day moving average price of $4.00 and a 200 day moving average price of $8.81.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on SOC shares. Benchmark reaffirmed a "hold" rating on shares of Sable Offshore in a research note on Wednesday, July 8th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Sable Offshore in a research note on Monday, October 19th. Zacks Research upgraded Sable Offshore from a "strong sell" rating to a "hold" rating in a report on Thursday, October 15th. Stifel Nicolaus began coverage on shares of Sable Offshore in a report on Thursday, September 10th. They issued a "buy" rating and a $8.00 price target on the stock. Finally, Roth Capital decreased their price objective on Sable Offshore from $11.00 to $10.00 and set a "buy" rating for the company in a report on Wednesday, September 30th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $11.40.

About Sable Offshore

Sable Offshore Corp. is an independent energy company focused on developing and operating oil and natural gas assets offshore California. Its principal asset is the Santa Ynez Unit, a mature offshore field in the Santa Barbara Channel that includes offshore production platforms, subsea infrastructure, pipelines and the Las Flores Canyon processing facility onshore.

The company's operations are designed to produce and process crude oil, natural gas and associated hydrocarbons from the Santa Ynez Unit.

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