SOC Stock Overview
Engages in the oil and gas exploration and development activities in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Sable Offshore Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$22.37 |
| 52 Week High | US$24.36 |
| 52 Week Low | US$10.11 |
| Beta | 0.26 |
| 11 Month Change | 53.96% |
| 3 Month Change | 50.34% |
| 1 Year Change | 116.14% |
| 33 Year Change | 130.86% |
| 5 Year Change | n/a |
| Change since IPO | 130.62% |
Recent News & Updates
Shareholder Returns
| SOC | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 42.3% | -1.4% | -1.9% |
| 1Y | 116.1% | -0.04% | 20.9% |
Return vs Industry: SOC exceeded the US Oil and Gas industry which returned -0% over the past year.
Return vs Market: SOC exceeded the US Market which returned 20.9% over the past year.
Price Volatility
| SOC volatility | |
|---|---|
| SOC Average Weekly Movement | 12.4% |
| Oil and Gas Industry Average Movement | 5.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SOC's share price has been volatile over the past 3 months.
Volatility Over Time: SOC's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2020 | 106 | James Flores | www.sableoffshore.com |
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.
Sable Offshore Corp. Fundamentals Summary
| SOC fundamental statistics | |
|---|---|
| Market cap | US$1.52b |
| Earnings (TTM) | -US$332.22m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-4.4x
P/E RatioIs SOC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOC income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$12.02m |
| Gross Profit | -US$12.02m |
| Other Expenses | US$320.20m |
| Earnings | -US$332.22m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -5.12 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 647.6% |
How did SOC perform over the long term?
See historical performance and comparison