Sable Offshore Corp. (SOC)
Energy · NYQ
Price as at 1 Oct 2026, 01:42 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Sable Offshore Corp. trades at $3.46, which is 19% above the $2.81 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 5 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
SOC earnings and analyst estimates
Recommendation mix, 4 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Sable Offshore Corp.
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 profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Ken Griffin, CITADEL ADVISORS LLC$9.79M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$6.30M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$703.2K · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$249.6K · 0.0% of book
- Mario Gabelli, GAMCO INVESTORS, INC. ET AL$63.4K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
SOC peers
The largest companies in the same industry (Oil & Gas Drilling), then in the same sector.
- RIG Transocean Ltd.
- PTEN Patterson-UTI Energy, Inc.
- BORR Borr Drilling Limited
- NBR Nabors Industries Ltd.
- PDS Precision Drilling Corporation
- 2222.SR Saudi Aramco
- EQNR.OL Equinor ASA
- XOM ExxonMobil Holdings Corporation
Every energy company we cover is on the Energy hub.
Common questions
Is Sable Offshore Corp. (SOC) undervalued?
Against our fair value estimate of $2.81, SOC at $3.46 is 19% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own SOC?
5 of the institutions we track reported a position in SOC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Where does SteadyShares get its SOC data?
Fundamentals for SOC come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 01:42 UTC and is delayed. Our data quality score for this company is 75/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for SOC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.