YOLFTbeta
Sable Offshore Corp.

Sable Offshore Corp.

SOC · NYSE · Energy / Oil & Gas Drilling

0.7299USD+0.11 (+17.69%)

Price History

Full chart

Market Stats

Previous Close0.6202
Open0.6554
Day Range0.5669 – 0.7662
52-Week Range2.88 – 20.74
Volume51.24M
Market Cap744.45M
P/E (TTM)0.00
Forward P/E4.49
EPS-3.24
Dividend Yield0.00%
Beta-0.16
50-Day Avg4.58
200-Day Avg9.48

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Drilling
  • CEOMr. James C. Flores
  • Employees200
  • Headquarters845 Texas Avenue, Houston, TX, United States, 77002, USA
  • Websitehttps://www.sableoffshore.com

Leadership

  • Mr. James C. FloresChairman & CEO · b. 1959
  • Mr. J. Caldwell FloresPresident & COO · b. 1993
  • Mr. Gregory D. PatrinelyExecutive VP & CFO · b. 1986
  • Mr. Anthony C. DuennerExecutive VP, General Counsel & Secretary · b. 1960
  • Mr. Harrison BreaudVice President of Finance & Investor Relations
  • Mr. Brian BroussardSenior Vice President of Development
  • Mr. Trent FontenotSenior Vice President of Operations

Financials

Income Statement

Currency: USD2020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue-00000
Cost of Revenue---21.02M13.43M14.51M
Gross Profit----21.02M-13.43M-14.51M
Operating Expense---73.46M324.98M393.77M
Operating Income-6.63K-1.68M-6.15M-94.47M-338.41M-408.28M
EBITDA-1.66K4.27M-1.83M-72.66M-548.37M-297.36M
Net Income-1.66K4.27M-2.59M-93.67M-629.07M-410.16M
Interest Expense---067.31M88.25M

Balance Sheet

Currency: USD2020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets304.22K288.44M290.91M711.58M1.58B1.74B
Total Liabilities280.88K13.88M18.89M372.56M1.20B1.21B
Total Equity23.34K274.56M272.02M339.02M384.19M534.30M
Cash9.01K322.77K100.26K267.82K300.38M97.68M
Total Debt43.63K956.12K1.78M14.18M851.45M943.41M
Net Debt34.61K633.35K1.68M14.18M551.06M845.73M

Cash Flow

Currency: USD2020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-537-2.01M-1.71M-3.84M-187.08M-351.70M
Investing Cash Flow--287.50M786.92K231.58M-276.25M-417.62M
Financing Cash Flow9.55K289.82M705.00K-227.56M745.76M531.24M
Capital Expenditure340372.30M417.62M
Free Cash Flow-540-2.01M-1.71M-3.84M-259.38M-769.33M
FCF to OCF100.56%100.00%100.00%100.00%138.65%218.74%

Earnings

Report DateMay 28, 2021Aug 16, 2021Nov 22, 2021Dec 31, 2021Apr 4, 2022Aug 15, 2022Nov 14, 2022Mar 31, 2023Jun 30, 2023Nov 29, 2023Mar 28, 2024May 15, 2024Aug 13, 2024Nov 14, 2024Mar 17, 2025May 9, 2025Aug 12, 2025Nov 13, 2025Feb 27, 2026May 6, 2026Aug 10, 2026Nov 12, 2026
EPS Estimate0.00----------0.70-0.27-0.46-0.56-0.02-0.42-0.62-0.86-0.60-0.520.21-0.24
EPS Actual0.01-0.560.28-0.02-0.020.08-0.01-0.320.32-0.69-1.61-3.22-1.40-1.24-0.38-1.05-1.70-1.46-0.39-1.060.05-
Surprise-----------130.00%-1092.59%-204.35%-121.43%-2047.43%-150.00%-174.19%-69.77%35.00%-103.85%-76.19%-
Timing----------After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap744.45M
Enterprise Value1.77B
Trailing P/E0.00
Forward P/E4.49
Price / Sales5.38
Price / Book2.02
EPS-3.24
Book Value2.56
Revenue (TTM)138.40M
Gross Profit (TTM)-177.47M
EBITDA-353.75M
Profit Margin0.00%
Operating Margin-48.78%
Return on Equity-103.21%
Return on Assets-14.02%
Shares Outstanding191.87M
Shares Float137.03M
Beta-0.16
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 9.75
  • Strong Buy
    4
  • Buy
    1

Ownership Breakdown

Institutions
92.08%
Insiders
11.13%
Retail / Other
0.00%

Top Institutional Holders

  • Pilgrim Global Advisors Llc
    18.21M9.49%
  • Encompass Capital Advisors LLC
    13.45M7.01%
  • BlackRock Inc
    9.36M4.88%
  • Morgan Stanley - Brokerage Accounts
    7.27M3.79%
  • FourWorld Capital Management LLC
    6.82M3.56%
  • Capital Research & Mgmt Co - Division 3
    6.11M3.19%
  • Two Seas Capital LP
    5.50M2.86%
  • Vanguard Capital Management, LLC
    5.47M2.85%
  • State Street Corp
    4.61M2.40%
  • Whitefort Capital Management, LP.
    3.72M1.94%
  • Citadel Advisors Llc
    3.18M1.66%
  • Redwood Capital Management, LLC
    3.00M1.56%
  • Geode Capital Management, LLC
    2.96M1.54%
  • Alyeska Investment Group, L.P.
    2.69M1.40%
  • HITE Hedge Asset Management MLP
    2.56M1.33%
  • Capital World Investors
    2.43M1.27%

Top Fund Holders

  • American Funds SMALLCAP World A
    8.31M4.33%
  • SttStrtSPDRS&POil&GasExplor&ProdtnETF
    5.12M2.67%
  • Vanguard MStar Total Stk Mkt Idx Invest
    5.04M2.63%
  • iShares Russell 2000 ETF
    3.42M1.78%