Its valuation is considered fairly valued, Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Sable Offshore Corp's Score
Industry at a Glance
Industry Ranking
86 / 118
Overall Ranking
400 / 4682
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
21.200
Target Price
+277.90%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Sable Offshore Corp Highlights
StrengthsRisks
Sable Offshore Corp. is an independent oil and gas company focused on developing the Santa Ynez Unit (SYU) in federal waters offshore California. SYU consists of three offshore platforms and a wholly owned onshore processing facility located along the Gaviota Coast at Las Flores Canyon in Santa Barbara County, California. The offshore position comprises 16 federal leases across approximately 76,000 acres. The Company’s Hondo platform and the Harmony platform develop the Hondo Field, and the Heritage platform develops the Pescado and Sacate Fields. The platforms are located five to nine miles offshore of Santa Barbara County in shallow water depths of 900 to 1,200 feet and service 112 wells, comprised of 90 producers, 12 injectors and 10 idle with an additional 102 identified, undrilled opportunities. The onshore facilities occupy approximately 35 acres and are comprised of an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.
Fairly Valued
The company’s latest PB is 2.87, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 57.46M shares, increasing 1.64% quarter-over-quarter.
Sable Offshore Corp. is an independent oil and gas company focused on developing the Santa Ynez Unit (SYU) in federal waters offshore California. SYU consists of three offshore platforms and a wholly owned onshore processing facility located along the Gaviota Coast at Las Flores Canyon in Santa Barbara County, California. The offshore position comprises 16 federal leases across approximately 76,000 acres. The Company’s Hondo platform and the Harmony platform develop the Hondo Field, and the Heritage platform develops the Pescado and Sacate Fields. The platforms are located five to nine miles offshore of Santa Barbara County in shallow water depths of 900 to 1,200 feet and service 112 wells, comprised of 90 producers, 12 injectors and 10 idle with an additional 102 identified, undrilled opportunities. The onshore facilities occupy approximately 35 acres and are comprised of an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.
Ticker SymbolSOC
CompanySable Offshore Corp
CEOFlores (James C)
Websitehttps://sableoffshore.com/
FAQs
What is the current price of Sable Offshore Corp (SOC)?
The current price of Sable Offshore Corp (SOC) is 9.840.
What is the symbol of Sable Offshore Corp?
The ticker symbol of Sable Offshore Corp is SOC.
What is the 52-week high of Sable Offshore Corp?
The 52-week high of Sable Offshore Corp is 35.000.
What is the 52-week low of Sable Offshore Corp?
The 52-week low of Sable Offshore Corp is 3.720.
What is the market capitalization of Sable Offshore Corp?
The market capitalization of Sable Offshore Corp is 979.15M.
What is the net income of Sable Offshore Corp?
The net income of Sable Offshore Corp is -629.07M.
Is Sable Offshore Corp (SOC) currently rated as Buy, Hold, or Sell?
According to analysts, Sable Offshore Corp (SOC) has an overall rating of Buy, with a price target of 21.200.
What is the Earnings Per Share (EPS TTM) of Sable Offshore Corp (SOC)?
The Earnings Per Share (EPS TTM) of Sable Offshore Corp (SOC) is -3.126.