Sable Offshore Corp. (SOC) Stock Price & Analysis
Sable Offshore Corp. (SOC) closed at USD 3.32 on Thursday, October 15, 2026, down 1.19% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 3.36; the Oct 15, 2026 session ranged USD 3.3–3.46 on volume of 3,752,428 shares. Market capitalization is $637.01M, with a 52-week range of USD 2.88–19.25 (NYQ). Source: Nexqual, retrieved October 16, 2026 at 05:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SOC.md
Key facts (SOC)
- Last four reported quarters (through Jun 30, 2026): revenue $138M, net income -$434M (-313.4% margin), free cash flow -$559M (SEC filings).
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $19.1M; 7 not under a Rule 10b5-1 plan ($19.1M).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (7 analysts), mean target USD 9.33 (range 8–11).
- Total return with dividends: 1Y -74.7% vs S&P 500 +18.1%; 5Y -65.9% vs S&P 500 +85.1%.
- Next earnings: 2026-11-09, EPS estimate USD -0.34, revenue estimate $156M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SOC)
| USD | FY2021 | FY2022 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | — | — | $0K | $0K | $138M |
| Operating income | -$1.7M | -$6.2M | -$94.5M | -$408M | -$405M |
| Net income | $4.3M | -$2.6M | -$93.7M | -$410M | -$434M |
| EPS (diluted) | — | — | — | -$4.18 | — |
| Free cash flow | — | — | -$70.1M | -$769M | -$559M |
| Cash + short-term investments | $323K | $100K | $0K | $97.7M | — |
| Total debt | — | — | $0K | $922M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (SOC)
P/S 4.6x · EV/Sales 11.4x · P/B 1.6x · FCF yield -87.72% · Earnings yield -68.10% · Net debt $947M · EV $1.58B
Insider sales (SEC Form 4, open-market, last ~7 months) (SOC)
0 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan |
|---|---|---|---|---|---|---|
| 2026-04-28…2026-04-29 | Flores James Caldwell | President, COO | 80,054 | $1.1M | 7.6% | No |
| 2026-04-28…2026-04-29 | Patrinely Gregory D. | EVP, CFO | 80,054 | $1.1M | 12.5% | No |
| 2026-04-28…2026-04-29 | Duenner Anthony | See Remarks | 80,055 | $1.1M | 11.1% | No |
| 2026-04-28…2026-04-29 | Flores James C | Chairman & CEO | 140,089 | $1.9M | 1.2% | No |
| 2026-03-31 | Flores James Caldwell | President, COO | 279,081 | $4.7M | 24.5% | No |
| 2026-03-31 | Patrinely Gregory D. | EVP, CFO | 279,081 | $4.7M | 38.7% | No |
| 2026-03-31 | Duenner Anthony | See Remarks | 279,081 | $4.7M | 34.9% | No |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Analysts (SOC)
Consensus Buy (mean 2.00 on a 1–5 scale), 7 analysts; mean target USD 9.33 (low 8, high 11).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-05 | William Blair | Initiated | Outperform | |
| 2026-10-02 | JP Morgan | Initiated | Overweight | $10 |
| 2026-09-30 | Roth Capital | Target lowered | Buy | $11 → $10 |
| 2026-07-06 | Jefferies | Target lowered | Buy | $24 → $11 |
| 2026-07-01 | Roth Capital | Target lowered | Buy | $22 → $15 |
Total return (dividends reinvested) (SOC)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | -74.7% | -65.9% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -74.8% | -19.3% |
| Volatility (annualized) | 160.7% | 80.2% |
| Max drawdown | -83.3% (Mar 2026→Jun 2026) | -89.7% (May 2025→Oct 2026) |
Key Statistics (as of October 16, 2026 at 05:21 UTC)
| Price | USD 3.32 |
|---|---|
| Change | ▼ 1.19% (down) |
| Previous Close | USD 3.36 |
| Open | USD 3.35 |
| Day Range | USD 3.3 – 3.46 |
| 52-Week Range | USD 2.88 – 19.25 |
| Volume | 3,752,428 shares |
| Market Cap | $637.01M |
| Exchange | NYQ |
Technical Analysis (SOC)
Nexqual's technical model rates SOC "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 16, 2026 at 05:21 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 35.46 (neutral) |
| vs SMA50 | Below (USD 4.31) |
| MACD | -0.27 (negative) |
Analyst Ratings (SOC)
Wall Street analysts rate SOC "Buy" based on 7 analysts, with a mean price target of USD 9.33 (range USD 8–11), per Nexqual as of October 16, 2026 at 05:21 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 9.33 |
| High Target | USD 11 |
| Low Target | USD 8 |
| Buy / Hold / Sell | 6 / 1 / 0 |
Earnings (SOC)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD -0.34 |
| Revenue Estimate | $156.26M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.89 vs est 0.34 ▼ miss |
| 2026-03-31 | USD -1.06 vs est -0.54 ▼ miss |
| 2025-12-31 | USD -0.64 vs est -0.6 ▼ miss |
| 2025-09-30 | USD -1.46 vs est -0.86 ▼ miss |
Source: Nexqual, October 16, 2026 at 05:21 UTC.
Financials & Fundamentals (SOC)
| Total Revenue | $138.40M |
|---|---|
| Gross Margin | -128.23% |
| Operating Margin | -48.78% |
| Profit Margin | +0.00% |
| ROE | -103.21% |
| Debt / Equity | 2.5 |
| Current Ratio | 0.24 |
| Total Cash | $21.60M |
| Total Debt | $987.53M |
Source: Nexqual, October 16, 2026 at 05:21 UTC.
Financial Health Score (SOC)
Nexqual rates Sable Offshore Corp.'s overall financial health "Weak" across five dimensions, as of October 16, 2026 at 05:21 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Weak — Pre-revenue or very early stage |
| Balance Sheet | Critical — $22M cash vs $988M debt |
| Cash Flow | Weak — Operating cash flow -$352M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -103%, ROA -14.0% |
Ownership (SOC)
| Insider Ownership | +11.13% |
|---|---|
| Institutional Ownership | +95.37% |
| Shares Outstanding | 191.87M |
| Float | 122.32M |
| Short % of Float | +36.09% |
Source: Nexqual, October 16, 2026 at 05:21 UTC.
Leadership (SOC)
Sable Offshore Corp. is led by James C. Flores (age 66), Chairman & CEO, per Nexqual as of October 16, 2026 at 05:21 UTC.
| Chairman & CEO | James C. Flores (age 66) |
|---|---|
| President & COO | J. Caldwell Flores (age 32) |
| Executive VP & CFO | Gregory D. Patrinely (age 39) |
| Vice President of Finance & Investor Relations | Harrison Breaud |
| Senior Vice President of Development | Brian Broussard |
Major Backers & Investors (SOC)
Notable institutional backers of Sable Offshore Corp. include Pilgrim Global Advisors LLC , Two Seas Capital Lp, Encompass Capital Advisors, LLC, according to Nexqual as of October 16, 2026 at 05:21 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Pilgrim Global Advisors LLC | 9.49% |
| Two Seas Capital Lp | 8.91% |
| Encompass Capital Advisors, LLC | 7.53% |
| Continental General Insurance Co | 7.37% |
| Morgan Stanley | 4.39% |
| FourWorld Capital Management, LLC | 3.56% |
| Capital International Investors | 3.19% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.98% |
| Vanguard Group | 6.82% |
| State Street | 6.67% |
Source: Nexqual, October 16, 2026 at 05:21 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PDS | Precision Drilling Corporation | USD 83.54 | ▼ 2.22% |
| NBR | Nabors Industries Ltd. | USD 76.39 | ▼ 4.98% |
| BORR | Borr Drilling Limited | USD 4.55 | ▼ 5.21% |
| SDRL | Seadrill Limited | USD 46.29 | ▼ 5.53% |
| HP | Helmerich & Payne, Inc. | USD 37.68 | ▼ 3.58% |
| PTEN | Patterson-UTI Energy, Inc. | USD 11.31 | ▼ 1.82% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt