Sable Offshore Corp. (SOC) specializes in the exploration and production of oil and natural gas across the United States. The company's operational assets include three offshore platforms located off the California coast, along with an onshore processing facility. These operations are supported by 16 federal leases that encompass approximately 76,000 acres. Established in 2020, the firm was previously known as Flame Acquisition Corp. before officially adopting the name Sable Offshore Corp. in February 2024. Its corporate headquarters are situated in Houston, Texas.
CEO: James C. Flores. Company website
Sable Offshore Corp. (SOC) trades at $4.56, up 4.83% on the day, as of Sep 20, 2026 14:57 UTC.
Sable Offshore Corp. has a market capitalisation of $851.94M, calculated from the live SOC share price and shares outstanding.
SOC has no meaningful price-to-earnings ratio: Sable Offshore Corp. lost $3.43 per share over the last twelve months, and a P/E is only defined on positive earnings.
Sable Offshore Corp. generated revenue of $138.40M over the trailing twelve months, which puts the stock at 6.16 times sales.
SOC has traded between $2.88 and $16.08 over the past 52 weeks, and the last price is 71.6% below that high.
No. Sable Offshore Corp. is loss-making, with a net margin of -313.44% over the trailing twelve months.
Wall Street analysts rate SOC Buy, with an average price target of $10.00, 119.3% above the current price.
Sable Offshore Corp. is classified under the Energy sector and the Oil & Gas Drilling industry, and is domiciled in US.
James C. Flores is the chief executive of Sable Offshore Corp., which employs 200 people.
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