Sable Offshore Corp. SOC R2K
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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -3232.9% CAGR over 5 years.
- Trading 53.8% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SOC Sable Offshore Corp. R2K | 14.65 | - | $2.26B | - | -43.25% | -141.66% | - | -3,232.92% |
| 2 | XOM Exxon Mobil Corporation SPX | 145.26 | 24.45 | $602.10B | 2.84% | 11.12% | 9.87% | -6.69% | -19.72% |
| 3 | CVX Chevron Corporation SPX | 182.46 | 31.73 | $363.39B | 3.90% | 7.21% | 6.64% | -7.85% | -29.74% |
| 4 | COP ConocoPhillips SPX | 113.98 | 19.32 | $138.86B | 2.95% | 12.63% | 11.28% | -9.11% | -24.66% |
| 5 | WMB The Williams Companies, Inc. SPX | 71.39 | 31.31 | $87.31B | 2.94% | 9.66% | 19.66% | 2.91% | 8.51% |
| 6 | SLB SLB N.V. SPX | 54.55 | 24.03 | $81.56B | 2.16% | 12.08% | 14.07% | 8.33% | -0.65% |
| 7 | VLO Valero Energy Corporation SPX | 244.82 | 17.88 | $72.70B | 1.96% | 8.12% | 15.85% | -11.40% | -41.16% |
| 8 | MPC Marathon Petroleum Corporation SPX | 248.77 | 16.37 | $72.63B | 1.57% | 13.11% | 27.46% | -9.23% | -34.67% |
| 9 | EOG EOG Resources, Inc. SPX | 133.38 | 13.13 | $71.04B | 3.06% | 14.00% | 18.20% | -8.51% | -13.74% |
Quarterly Results
Figures in USD.
| Metric | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 1.27M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 3.02M | 3.17M | 3.26M | 3.44M | 3.94M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | -3.02M | -3.17M | -3.26M | -3.44M | -2.67M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 56.77M | 125.72M | 116.12M | 96.78M | 116.08M |
| Operating Income | -1.66K | -105.23K | -424.57K | -306.67K | -424.49K | -306.34K | -1.28M | -1.14M | -22.32M | -22.54M | -62.23M | - | -59.80M | -128.89M | -119.38M | -100.22M | -118.75M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | -74.22M | -95.65M | -79.06M | -46.80M | -158.05M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | 21.01M | 21.01M | 21.01M | 25.22M | 34.67M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | -98.66M | -120.24M | -103.75M | -75.84M | -197.03M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | 10.88M | 7.82M | 6.63M | -13.66M | 0 |
| Net Income | -1.66K | 92.73K | -5.28M | 10.13M | 6.42M | 2.82M | -191.75K | -23.19M | -22.31M | -23.07M | -165.44M | - | -109.54M | -128.07M | -110.38M | -62.17M | -197.03M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | -2.75 | -4.11 | -1.30 | -1.40 | -1.11 | - | -1.37 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | - | - | 21.02M | - | 12.89M |
| Gross Profit | - | - | -21.02M | - | -12.89M |
| Operating Expenses | 1.68M | 6.15M | 73.46M | - | 395.39M |
| Operating Income | -1.68M | -6.15M | -94.47M | -326.75M | -408.28M |
| EBITDA | -1.68M | -6.15M | -72.66M | - | -295.74M |
| Interest Expense | - | - | 0 | - | 88.25M |
| Pretax Income | 4.27M | -1.83M | -93.67M | - | -398.49M |
| Tax Provision | 0 | 757.07K | 0 | - | 11.67M |
| Net Income | 4.27M | -2.59M | -93.67M | -617.28M | -410.16M |
| Diluted EPS | 0.14 | -0.07 | -7.05 | -9.21 | -4.18 |
Compounded Sales Growth
| 5 Years: | - |
| 1 Year: | - |
Compounded Profit Growth
| 5 Years: | -3,232.92% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -49.10% |
| 6 Months: | +228.48% |
| 3 Months: | +77.58% |
| 1 Month: | +5.09% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Oct 2020 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Feb 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 304.22K | - | 290.91M | 711.58M | - | 1.58B | 1.74B |
| Current Assets | - | - | - | 188.47K | 16.21M | - | 355.27M | 135.70M |
| Cash & Equivalents | 0 | 9.01K | - | 100.26K | 0 | 0 | 300.38M | 97.68M |
| Inventory | - | - | - | - | 16.21M | - | 15.34M | 26.74M |
| Receivables | - | - | - | - | - | - | - | - |
| Total Liabilities | - | 280.88K | - | 18.89M | 372.56M | - | 1.20B | 1.21B |
| Current Liabilities | - | 280.88K | - | 6.74M | 17.90M | - | 120.67M | 1.02B |
| Long Term Debt | - | - | - | - | - | - | 833.54M | - |
| Total Debt | - | - | - | 1.78M | 6.67M | - | 851.45M | 943.41M |
| Total Equity | 0 | 23.34K | - | 272.02M | 339.02M | -19.07M | 384.19M | 534.30M |
| Shares Outstanding | - | - | - | 35.94M | 13.29M | - | 89.31M | 144.96M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -2.01M | -1.71M | -70.10M | -162.97M | -351.70M |
| Investing Cash Flow | -287.50M | 786.92K | 0 | -276.25M | -417.62M |
| Financing Cash Flow | 289.82M | 705.00K | 70.10M | 721.65M | 531.24M |
| Capital Expenditure | - | - | - | - | -417.62M |
| Free Cash Flow | -2.01M | -1.71M | -70.10M | - | -769.33M |
| Net Change in Cash | 313.75K | -222.51K | 167.56K | - | -238.09M |
| Share Buybacks | - | 0 | 230.13M | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - |
| Net Margin % | - | - | - | - | - |
| ROE % | - | -1.0% | -27.6% | -160.7% | -76.8% |
| ROCE % | - | -2.2% | -13.6% | -22.3% | -56.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Pilgrim Global Advisors LLC | 11.79% | 18.21M | $266.72M |
| 2 | Continental General Insurance Co | 8.88% | 13.71M | $200.78M |
| 3 | Encompass Capital Advisors, LLC | 8.71% | 13.45M | $197.02M |
| 4 | Blackrock Inc. | 6.06% | 9.36M | $137.11M |
| 5 | Capital International Investors | 4.90% | 7.57M | $110.88M |
| 6 | Morgan Stanley | 4.71% | 7.27M | $106.56M |
| 7 | FourWorld Capital Management, LLC | 4.67% | 7.21M | $105.67M |
| 8 | Two Seas Capital Lp | 3.56% | 5.50M | $80.53M |
| 9 | Vanguard Capital Management LLC | 3.54% | 5.47M | $80.15M |
| 10 | State Street Corporation | 2.99% | 4.61M | $67.55M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SOC
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