Sable Offshore Corp. (SOC)Energy | Oil & Gas Drilling | Houston, United States | NYSE
4.43 USD
+0.51
(13.010%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.45 +0.02 (0.400%) ⇧ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:50 a.m. EDT
The investment case for Sable Offshore is effectively zero due to a catastrophic collapse in fundamentals and a hostile market reaction. The company is burning cash at an alarming rate, with operating cash flow and free cash flow both deeply negative, while carrying a debt load nearly 200 times its equity. This precarious balance sheet forced a dilutive capital raise, which immediately triggered a 50% stock plunge and shattered any remaining investor confidence. Despite analysts maintaining a 'strong buy' rating based on theoretical turnaround potential, the reality is a company with negative earnings, a price-to-sales ratio of nearly 600x, and a current ratio of 0.08, indicating imminent insolvency risks. The options market confirms this despair, with traders betting heavily on further declines rather than any recovery. There is no safe entry here; the business quality has deteriorated to the point where the market is pricing out the company entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.378724 |
| AutoARIMA | 0.384251 |
| AutoETS | 0.384252 |
| MSTL | 0.391655 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 18% |
| H-stat | 231.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.006 |
| Excess Kurtosis | -0.05 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 232.185 |
| Revenue per Share | 0.011 |
| Market Cap | 849,233,536 |
| Forward P/E | 2.27 |
| Beta | -0.08 |
| Previous Name | Flame Acquisition Corp. |
| Website | https://www.sableoffshore.com |
As of July 11, 2026, 4:50 a.m. EDT: Speculators are positioning aggressively for a massive downside event, evidenced by heavy put volume and open interest concentrated at strikes significantly above the current price (e.g., $14, $17.50, $20). Call activity is minimal and focused near-the-money, while deep out-of-the-money calls show inflated implied volatility rather than genuine speculative demand. The options market is pricing in a scenario where the stock could drop 50% or more from current levels, reflecting a 'blow-off top' or liquidity crisis expectation rather than a recovery trade.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.82769233 |
| Address1 | 845 Texas Avenue |
| Address2 | Suite 2920 |
| All Time High | 35.0 |
| All Time Low | 2.88 |
| Ask | 4.36 |
| Ask Size | 6,500 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 30,077,760 |
| Average Daily Volume3 Month | 7,980,937 |
| Average Volume | 7,980,937 |
| Average Volume10Days | 30,077,760 |
| Beta | -0.084 |
| Bid | 4.46 |
| Bid Size | 10,800 |
| Board Risk | 9 |
| Book Value | 2.806 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 4.43 |
| Current Ratio | 0.079 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 4.515 |
| Day Low | 3.99 |
| Debt To Equity | 232.185 |
| Display Name | Sable Offshore |
| Earnings Timestamp | 1,778,097,600 |
| Earnings Timestamp End | 1,778,097,600 |
| Earnings Timestamp Start | 1,778,097,600 |
| Ebitda | -444,598,016 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -3.624 |
| Enterprise To Revenue | 1,267.632 |
| Enterprise Value | 1,611,160,704 |
| Eps Current Year | -0.085 |
| Eps Forward | 1.95 |
| Eps Trailing Twelve Months | -4.25 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.136 |
| Fifty Day Average Change | -6.706 |
| Fifty Day Average Change Percent | -0.6021911 |
| Fifty Two Week Change Percent | -82.76923 |
| Fifty Two Week High | 32.18 |
| Fifty Two Week High Change | -27.75 |
| Fifty Two Week High Change Percent | -0.8623369 |
| Fifty Two Week Low | 2.88 |
| Fifty Two Week Low Change | 1.5499997 |
| Fifty Two Week Low Change Percent | 0.5381943 |
| Fifty Two Week Range | 2.88 - 32.18 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,618,839,000,000 |
| Float Shares | 111,013,174 |
| Forward Eps | 1.95 |
| Forward P E | 2.2717948 |
| Free Cashflow | -663,385,728 |
| Full Exchange Name | NYSE |
| Full Time Employees | 200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.0 |
| Gross Profits | -251,516,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.13829 |
| Held Percent Institutions | 0.9271 |
| Implied Shares Outstanding | 191,700,572 |
| Industry | Oil & Gas Drilling |
| Industry Disp | Oil & Gas Drilling |
| Industry Key | oil-gas-drilling |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Sable Offshore Corp. operates as an independent oil and gas company in the United States. The company operates through three platforms located in federal waters offshore California. It also owns and operates 16 federal leases across approximately 76,000 acres, as well as subsea pipelines that transports 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 headquartered in Houston, Texas. |
| Long Name | Sable Offshore Corp. |
| Market | us_market |
| Market Cap | 849,233,536 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_703620678 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -497,644,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 751,466,242 |
| Number Of Analyst Opinions | 3 |
| Open | 3.99 |
| Operating Cashflow | -385,991,008 |
| Operating Margins | -93.43352 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 713 579 6161 |
| Post Market Change | 0.017700195 |
| Post Market Change Percent | 0.39955297 |
| Post Market Price | 4.4477 |
| Post Market Time | 1,783,987,160 |
| Prev Name | Flame Acquisition Corp. |
| Previous Close | 3.92 |
| Price Eps Current Year | -52.117645 |
| Price Hint | 4 |
| Price To Book | 1.5787598 |
| Price To Sales Trailing12 Months | 668.1617 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.05 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | 0.51 |
| Regular Market Change Percent | 13.0102 |
| Regular Market Day High | 4.515 |
| Regular Market Day Low | 3.99 |
| Regular Market Day Range | 3.99 - 4.515 |
| Regular Market Open | 3.99 |
| Regular Market Previous Close | 3.92 |
| Regular Market Price | 4.43 |
| Regular Market Time | 1,783,972,802 |
| Regular Market Volume | 13,702,183 |
| Return On Assets | -0.17406 |
| Return On Equity | -1.41664 |
| Revenue Per Share | 0.011 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 191,700,572 |
| Shares Percent Shares Out | 0.1895 |
| Shares Short | 29,257,402 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 24,764,085 |
| Short Name | Sable Offshore Corp. |
| Short Percent Of Float | 0.2597 |
| Short Ratio | 3.24 |
| Source Interval | 15 |
| State | TX |
| Symbol | SOC |
| Target High Price | 15.0 |
| Target Low Price | 11.0 |
| Target Mean Price | 13.66667 |
| Target Median Price | 15.0 |
| Total Cash | 52,168,000 |
| Total Cash Per Share | 0.338 |
| Total Debt | 979,500,992 |
| Total Revenue | 1,271,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -4.25 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.2876 |
| Two Hundred Day Average Change | -6.8575997 |
| Two Hundred Day Average Change Percent | -0.60753393 |
| Type Disp | Equity |
| Volume | 13,702,183 |
| Website | https://www.sableoffshore.com |
| Zip | 77,002 |