NYSE:SOC Sable Offshore (SOC) Stock Price, News & Analysis $16.57 +0.17 (+1.04%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$16.17▼$16.6350-Day Range$12.74▼$16.4652-Week Range$10.11▼$16.94Volume199,055 shsAverage Volume298,361 shsMarket Capitalization$997.02 millionP/E RatioN/ADividend YieldN/APrice Target$22.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Sable Offshore alerts: Email Address Sable Offshore MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside32.8% Upside$22.00 Price TargetShort InterestBearish7.48% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.47Based on 4 Articles This WeekInsider TradingAcquiring Shares$1.37 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($1.60) to $3.87 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.2.05 out of 5 starsOils/Energy Sector183rd out of 248 stocksCrude Petroleum & Natural Gas Industry67th out of 80 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 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSable Offshore has only been the subject of 1 research reports in the past 90 days.Read more about Sable Offshore's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.48% of the float of Sable Offshore has been sold short.Short Interest Ratio / Days to CoverSable Offshore has a short interest ratio ("days to cover") of 6.4.Change versus previous month 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 2.5 News and Social Media Coverage News SentimentSable Offshore has a news sentiment score of 0.47. 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 4 news articles for Sable Offshore this week, compared to 1 article on an average week.Search Interest1 people have searched for SOC on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Sable Offshore to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 13.97% more of their company's stock than they have sold. Specifically, they have bought $1,374,000.00 in company stock and sold $1,205,609.00 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 ($1.60) to $3.87 per share. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> 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 HeadlinesJuly 25 at 7:46 AM | americanbankingnews.comSable Offshore (NYSE:SOC) Receives "Buy" Rating from BenchmarkJuly 22, 2024 | markets.businessinsider.comSABLE OFFSHORE Is a Great Choice for 'Trend' Investors, Here's WhyJuly 26, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” July 18, 2024 | americanbankingnews.comSable Offshore (NYSE:SOC) Coverage Initiated by Analysts at BenchmarkJune 6, 2024 | businesswire.com.conf24: Splunk Advances Digital Resilience and AI Innovation at Upcoming Annual User ConferenceMay 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 OffshoreJuly 26, 2024 | Porter & Company (Ad)Obama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” May 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 Today7/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:SOC Previous SymbolNYSE:SOC CUSIPN/A CIK1831481 Webwww.flameacq.com Phone713-579-6106FaxN/AEmployees2Year FoundedN/APrice Target and Rating Average Stock Price Target$22.00 High Stock Price Target$24.00 Low Stock Price Target$20.00 Potential Upside/Downside+32.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-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($7.73) per share Price / Book-2.14Miscellaneous Outstanding Shares60,170,000Free Float51,562,000Market Cap$997.02 million OptionableN/A Beta0.26 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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 CompetitorsLiberty EnergyNYSE:LBRTCalifornia ResourcesNYSE:CRCBlack Stone MineralsNYSE:BSMExpro GroupNYSE:XPROHighPeak EnergyNASDAQ:HPKView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 142,936 shares on 7/26/2024Ownership: 0.238%Gregory Phillip PipkinSold 82,238 sharesTotal: $1.21 M ($14.66/share)James 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%View All Insider TransactionsView All Institutional Transactions SOC Stock Analysis - Frequently Asked Questions How have SOC shares performed this year? Sable Offshore's stock was trading at $12.07 at the start of the year. Since then, SOC shares have increased by 37.3% and is now trading at $16.57. View the best growth stocks for 2024 here. Who are Sable Offshore's major shareholders? Top institutional shareholders of Sable Offshore include Bank of New York Mellon Corp (0.24%). Insiders that own company stock include Christopher Binyon Sarofim, James C Flores, James Caldwell Flores and Gregory Phillip Pipkin. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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