Sable Offshore Corp. (SOC)Energy | Oil & Gas Drilling | Houston, United States | NYSE
13.88 USD
+0.29
(2.134%)
⇧
(April 21, 2026, 1:43 p.m.
EDT)
Short-term: ★★★★☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 19, 2026, 12:02 a.m. EDT
Bullish Speculative Trap: The options flow reveals a distinct 'leap-year' style positioning where aggressive call buyers are pinning the $24-27 range, betting on a recovery from current lows near $13. However, the underlying fundamentals are a disqualifier for the conservative investor: negative free cash flow, high debt-to-equity, no recent dividends, and severe execution risks mentioned in the news. The only logical play is a long-dated long call leveraging the low IV and known downside support, but treating this as a fundamental hold is a value trap. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.292404 |
| AutoTheta | 0.299237 |
| AutoETS | 0.299333 |
| AutoARIMA | 0.302566 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 4.01 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.091 |
| Excess Kurtosis | -1.59 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 176.435 |
| Market Cap | 2,043,747,840 |
| Forward P/E | 4.77 |
| Beta | -0.10 |
| Previous Name | Flame Acquisition Corp. |
| Website | https://www.sableoffshore.com |
As of April 19, 2026, 12:02 a.m. EDT: Call buyers are heavily positioning long-dated strikes (OTM OI % approaching 1.0 for May, 0.89+ for July 17), creating a significant upside wall at $18-$24. ATM calls show high volume relative to OI, indicating active speculation on upside breakouts. Conversely, Put writers are placing massive credit sales (Wall at $9-$13) across expirations, while Call writers are less active except at higher strikes. This asymmetry suggests a bullish bet with hedging, but the heavy OTM OI implies a long-dated momentum play rather than immediate noise trading.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.27326202 |
| Address1 | 845 Texas Avenue |
| Address2 | Suite 2920 |
| All Time High | 35.0 |
| All Time Low | 3.72 |
| Ask | 13.96 |
| Ask Size | 100 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 4,305,560 |
| Average Daily Volume3 Month | 6,398,118 |
| Average Volume | 6,398,118 |
| Average Volume10Days | 4,305,560 |
| Beta | -0.103 |
| Bid | 13.9 |
| Bid Size | 100 |
| Board Risk | 9 |
| Book Value | 3.686 |
| City | Houston |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 13.88 |
| Current Ratio | 0.133 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 14.65 |
| Day Low | 13.6484 |
| Debt To Equity | 176.435 |
| Display Name | Sable Offshore |
| Earnings Timestamp | 1,772,226,000 |
| Earnings Timestamp End | 1,778,184,000 |
| Earnings Timestamp Start | 1,778,184,000 |
| Ebitda | -386,560,992 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -7.363 |
| Enterprise Value | 2,846,058,240 |
| Eps Current Year | 1.33 |
| Eps Forward | 2.91 |
| Eps Trailing Twelve Months | -4.18 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 12.95 |
| Fifty Day Average Change | 0.9300003 |
| Fifty Day Average Change Percent | 0.07181469 |
| Fifty Two Week Change Percent | -27.326202 |
| Fifty Two Week High | 35.0 |
| Fifty Two Week High Change | -21.119999 |
| Fifty Two Week High Change Percent | -0.60342854 |
| Fifty Two Week Low | 3.72 |
| Fifty Two Week Low Change | 10.16 |
| Fifty Two Week Low Change Percent | 2.7311828 |
| Fifty Two Week Range | 3.72 - 35.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,618,839,000,000 |
| Float Shares | 75,097,429 |
| Forward Eps | 2.91 |
| Forward P E | 4.769759 |
| Free Cashflow | -667,510,720 |
| Full Exchange Name | NYSE |
| Full Time Employees | 200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.0 |
| Gross Profits | -219,198,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.14946 |
| Held Percent Institutions | 0.96458 |
| Implied Shares Outstanding | 147,244,086 |
| Industry | Oil & Gas Drilling |
| Industry Disp | Oil & Gas Drilling |
| Industry Key | oil-gas-drilling |
| Is Earnings Date Estimate | 1 |
| 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 | 2,043,747,840 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_703620678 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | -410,161,984 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,001,047,128 |
| Number Of Analyst Opinions | 3 |
| Open | 13.79 |
| Operating Cashflow | -351,702,016 |
| Operating Margins | 0.0 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Phone | 713 579 6161 |
| Prev Name | Flame Acquisition Corp. |
| Previous Close | 13.59 |
| Price Eps Current Year | 10.4360895 |
| Price Hint | 2 |
| Price To Book | 3.7655995 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.095 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | 0.28999996 |
| Regular Market Change Percent | 2.1339216 |
| Regular Market Day High | 14.65 |
| Regular Market Day Low | 13.6484 |
| Regular Market Day Range | 13.6484 - 14.65 |
| Regular Market Open | 13.79 |
| Regular Market Previous Close | 13.59 |
| Regular Market Price | 13.88 |
| Regular Market Time | 1,776,793,384 |
| Regular Market Volume | 2,033,260 |
| Return On Assets | -0.15021 |
| Return On Equity | -0.89312 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 147,244,086 |
| Shares Percent Shares Out | 0.1672 |
| Shares Short | 24,624,255 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 32,514,965 |
| Short Name | Sable Offshore Corp. |
| Short Percent Of Float | 0.2197 |
| Short Ratio | 3.01 |
| Source Interval | 15 |
| State | TX |
| Symbol | SOC |
| Target High Price | 33.0 |
| Target Low Price | 24.0 |
| Target Mean Price | 29.0 |
| Target Median Price | 30.0 |
| Total Cash | 97,684,000 |
| Total Cash Per Share | 0.663 |
| Total Debt | 942,694,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -4.18 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 15.45545 |
| Two Hundred Day Average Change | -1.57545 |
| Two Hundred Day Average Change Percent | -0.10193491 |
| Type Disp | Equity |
| Volume | 2,033,260 |
| Website | https://www.sableoffshore.com |
| Zip | 77,002 |