Sable Offshore Corp.SOC

$10.12-0.13 (-1.27%)
NYSEEnergy24:00 UTC

Company snapshot

Market Cap
$994M
Small-cap
+711%
2021 — today
10-Year Price
+34%
2021 — today
52-Week Range
$4.12$31.69
Current $10.12· 22%

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.

Valuation in context

P/E ratio
-2.3
N/A
Not meaningful — company is unprofitable
P/B ratio
2.4
Around average
Around the 10-year average
FCF Yield
-63.6%
Near historic low
Near historic low — last 10 years
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