NYSE:SOC Sable Offshore (SOC) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free SOC Stock Alerts $15.39 +0.39 (+2.60%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$14.94▼$15.5050-Day Range$10.26▼$15.0052-Week Range$10.11▼$15.50Volume973,088 shsAverage Volume167,068 shsMarket Capitalization$926.02 millionP/E RatioN/ADividend YieldN/APrice Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsTrends Get Sable Offshore alerts: Email Address Sable Offshore MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside30.0% Upside$20.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$1.37 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($1.62) to $3.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.16 out of 5 starsOils/Energy Sector159th out of 239 stocksCrude Petroleum & Natural Gas Industry52nd out of 74 stocks 3.5 Analyst's Opinion Consensus RatingSable Offshore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageSable Offshore has received no research coverage in the past 90 days.Read more about Sable Offshore's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SOC. Previous Next 0.0 Dividend Strength Dividend YieldSable Offshore does not currently pay a dividend.Dividend GrowthSable Offshore does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SOC. Previous Next 2.6 News and Social Media Coverage News SentimentSable Offshore has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sable Offshore this week, compared to 1 article on an average week.Search Interest6 people have searched for SOC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows7 people have added Sable Offshore to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sable Offshore insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,374,000.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders14.30% of the stock of Sable Offshore is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.19% of the stock of Sable Offshore is held by institutions.Read more about Sable Offshore's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sable Offshore are expected to grow in the coming year, from ($1.62) to $3.72 per share.Price to Book Value per Share RatioSable Offshore has a P/B Ratio of 3.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About Sable Offshore Stock (NYSE:SOC)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. 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 based in Houston, Texas.Read More SOC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SOC Stock News HeadlinesMay 23, 2024 | insidertrades.comSable Offshore Corp. (NYSE:SOC) CEO Buys $1,374,000.00 in StockMay 15, 2024 | insidertrades.com4 Small-Cap Energy Stocks Insiders are Buying May 24, 2024 | americanbankingnews.comJames C. Flores Purchases 100,000 Shares of Sable Offshore Corp. (NYSE:SOC) StockMay 24, 2024 | americanbankingnews.comSable Offshore (NYSE:SOC) Shares Gap Up on Insider Buying ActivityMay 15, 2024 | businesswire.comSable Offshore Corp. Reports First Quarter 2024 Financial Results and Provides Operational UpdatesMay 15, 2024 | msn.com4 Small-Cap Energy Stocks Insiders are BuyingMay 14, 2024 | finance.yahoo.comInsider Stock Buying Reaches US$66.2m On Sable OffshoreMay 6, 2024 | seekingalpha.comSable Offshore May Face Challenges Going Into First ProductionApril 13, 2024 | seekingalpha.comSOC Sable Offshore Corp.April 4, 2024 | finance.yahoo.comSable Offshore Corp. (SOC)March 20, 2024 | wsj.comSable Offshore Corp. Cl AMarch 13, 2024 | morningstar.comSable Offshore Corp SOCMarch 1, 2024 | seekingalpha.comSOC.WS Sable Offshore Corp. WT EXPSee More Headlines Receive SOC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sable Offshore and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today5/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:SOC Previous SymbolNYSE:SOC CUSIPN/A CIK1831481 Webwww.flameacq.com Phone713-579-6106FaxN/AEmployees106Year FoundedN/APrice Target and Rating Average Stock Price Target$20.00 High Stock Price Target$20.00 Low Stock Price Target$20.00 Potential Upside/Downside+30.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-32,180,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-480.87% Return on Assets-53.14% Debt Debt-to-Equity Ratio2.91 Current Ratio2.80 Quick Ratio2.60 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$4.40 per share Price / Book3.50Miscellaneous Outstanding Shares60,170,000Free Float51,562,000Market Cap$926.02 million OptionableN/A Beta0.06 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. James C. Flores (Age 65)Chairman & CEO Mr. J. Caldwell Flores (Age 31)President Mr. Gregory D. Patrinely (Age 38)Executive VP & CFO Mr. Doss R. Bourgeois (Age 68)Executive VP & COO Mr. Anthony C. Duenner (Age 63)Executive VP, General Counsel & Secretary Key CompetitorsComstock ResourcesNYSE:CRKBlack Stone MineralsNYSE:BSMCalifornia ResourcesNYSE:CRCKosmos EnergyNYSE:KOSAtlas Energy SolutionsNYSE:AESIView All CompetitorsInsiders & InstitutionsJames C FloresBought 100,000 shares on 5/20/2024Total: $1.37 M ($13.74/share)Walleye Trading LLCBought 21,482 shares on 5/17/2024Ownership: 0.036%Fayez Sarofim & CoBought 3,000,000 shares on 5/14/2024Ownership: 4.986%Clarus Group Inc.Bought 29,613 shares on 4/23/2024Ownership: 0.049%Christopher Binyon SarofimBought 6,000,000 shares on 2/14/2024Total: $60 M ($10.00/share)View All Insider TransactionsView All Institutional Transactions SOC Stock Analysis - Frequently Asked Questions Should I buy or sell Sable Offshore stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sable Offshore in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SOC shares. View SOC analyst ratings or view top-rated stocks. What is Sable Offshore's stock price target for 2024? 1 Wall Street analysts have issued 12 month target prices for Sable Offshore's stock. Their SOC share price targets range from $20.00 to $20.00. On average, they anticipate the company's share price to reach $20.00 in the next year. This suggests a possible upside of 30.0% from the stock's current price. View analysts price targets for SOC or view top-rated stocks among Wall Street analysts. How have SOC shares performed in 2024? Sable Offshore's stock was trading at $12.07 at the beginning of the year. Since then, SOC shares have increased by 27.5% and is now trading at $15.39. View the best growth stocks for 2024 here. Who are Sable Offshore's major shareholders? Sable Offshore's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Fayez Sarofim & Co (4.99%), Clarus Group Inc. (0.05%) and Walleye Trading LLC (0.04%). Insiders that own company stock include Christopher Binyon Sarofim, James C Flores and James Caldwell Flores. View institutional ownership trends. How do I buy shares of Sable Offshore? Shares of SOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SOC) was last updated on 5/31/2024 by MarketBeat.com Staff From Our PartnersDems have chosen Biden replacement?Paradigm PressShocking $16T Elon Musk Crypto LeakCrypto 101 MediaThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarGold Set to EXPLODE!Gold Safe ExchangeDo This Before July 30 2024 To Claim Trump’s Gift Wealthpin ProA once-in-a-century profit opportunity?Digital Mavericks Media ‘America’s Top Trader’ Who Predicted the Biggest Financial Events of The Last 30 Years, Issues New WARNING:InvestorPlaceNYSE biotech company's drug could be as revolutionary as penicillin!Financial Markets Daily Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sable Offshore Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
