Sable Offshore Corp.

NYSE:SOC Stock Report

Market Cap: US$2.0b

Sable Offshore Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:SOC Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
19 Sep 24BuyUS$15,000,000Pelerin Global CorpCompany750,000US$20.00
27 Aug 24BuyUS$633,450Pelerin Global CorpCompany41,000US$15.45
05 Jun 24SellUS$1,205,461Gregory PipkinIndividual82,238US$14.66
21 May 24SellUS$2,698,660Doss BourgeoisIndividual200,000US$13.72
20 May 24BuyUS$1,374,150James FloresIndividual100,000US$13.74
20 May 24BuyUS$1,374,150James FloresIndividual100,000US$13.74
14 Feb 24BuyUS$32,000,000James FloresIndividual3,200,000US$10.00
14 Feb 24BuyUS$30,000,000Fayez Sarofim & Co., LLCCompany3,000,000US$10.00
14 Feb 24BuyUS$3,000,000James FloresIndividual300,000US$10.00
14 Feb 24BuyUS$30,000,000Christopher SarofimIndividual3,000,000US$10.00
14 Feb 24BuyUS$1,000,000Gregory PipkinIndividual100,000US$10.00
13 Feb 24BuyUS$200,055James FloresIndividual17,500US$11.73

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SOC?
Owner TypeNumber of SharesOwnership Percentage
Hedge Funds10,244,37511.5%
General Public19,407,01421.8%
Individual Insiders21,691,44324.3%
Institutions37,757,03142.4%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 570.3%.

Top Shareholders

Top 25 shareholders own 70.64% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.6%
James Flores
11,188,750US$255.6m5.67%no data
11.5%
Pelerin Global Corp
10,244,375US$234.0m16.5%41.25%
10.1%
FMR LLC
9,025,181US$206.1m0%0.01%
7.74%
Christopher Sarofim
6,899,653US$157.6m3.76%no data
4.2%
BlackRock, Inc.
3,737,739US$85.4m11.5%no data
4.18%
Adage Capital Management, L.P.
3,726,991US$85.1m1.62%0.15%
3.37%
Fayez Sarofim & Co., LLC
3,000,000US$68.5m0%0.18%
3.17%
The Vanguard Group, Inc.
2,820,719US$64.4m171%no data
1.78%
State Street Global Advisors, Inc.
1,589,395US$36.3m74.3%no data
1.51%
Himalaya Capital Management LLC
1,343,000US$30.7m0%0.9%
1.18%
Geode Capital Management, LLC
1,051,177US$24.0m2.63%no data
1.07%
Alyeska Investment Group, L.P.
950,000US$21.7m-9.39%0.11%
0.95%
J. Flores
843,750US$19.3m6.3%no data
0.9%
Anthony Duenner
800,000US$18.3m6.67%no data
0.89%
Gregory Patrinely
793,750US$18.1m0%no data
0.73%
Doss Bourgeois
650,000US$14.8m0%no data
0.69%
Encompass Capital Advisors LLC
611,505US$14.0m0%0.56%
0.62%
Ghisallo Capital Management LLC
550,000US$12.6m0%0.73%
0.57%
GM Advisory Group, LLC
510,000US$11.6m370%0.7%
0.56%
Greenhaven Road Investment Management, LP
501,613US$11.5m0%4.21%
0.5%
Citadel Advisors LLC
445,633US$10.2m0%0.01%
0.49%
Northern Trust Global Investments
439,392US$10.0m196%no data
0.47%
Michael Dillard
422,500US$9.6m173%no data
0.45%
Sculptor Capital Management, Inc.
400,000US$9.1m97.2%0.23%
0.44%
Resolute Capital Asset Partners LLC
395,000US$9.0m0%4.21%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 23:57
End of Day Share Price 2025/01/15 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sable Offshore Corp. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Subhasish ChandraBenchmark Company
Hamed KhorsandBWS Financial Inc.
Francis Lloyd ByrneJefferies LLC