Sable Offshore Corp. (NYSE:SOC – Free Report) – Investment analysts at Roth Capital issued their Q1 2025 EPS estimates for Sable Offshore in a research note issued to investors on Thursday, March 27th. Roth Capital analyst L. Mariani expects that the company will post earnings per share of ($0.76) for the quarter. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Sable Offshore’s current full-year earnings is ($6.39) per share. Roth Capital also issued estimates for Sable Offshore’s Q2 2025 earnings at ($0.41) EPS, Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.42 EPS, FY2025 earnings at ($0.60) EPS, Q1 2026 earnings at $0.48 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $2.00 EPS and FY2027 earnings at $2.47 EPS.
SOC has been the subject of a number of other reports. BWS Financial reiterated a “sell” rating and issued a $6.00 target price on shares of Sable Offshore in a report on Tuesday, March 18th. Pickering Energy Partners initiated coverage on Sable Offshore in a research note on Tuesday, December 17th. They issued an “outperform” rating for the company. Roth Mkm assumed coverage on shares of Sable Offshore in a research note on Thursday. They set a “buy” rating and a $30.00 target price on the stock. Finally, Benchmark reaffirmed a “buy” rating on shares of Sable Offshore in a report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.00.
Sable Offshore Stock Performance
Shares of SOC stock opened at $25.95 on Monday. The firm has a 50 day moving average of $26.13 and a two-hundred day moving average of $23.76. The company has a debt-to-equity ratio of 4.86, a current ratio of 3.50 and a quick ratio of 3.34. Sable Offshore has a 52 week low of $10.11 and a 52 week high of $32.33.
Institutional Investors Weigh In On Sable Offshore
Several institutional investors have recently added to or reduced their stakes in SOC. JPMorgan Chase & Co. raised its holdings in Sable Offshore by 153.6% during the third quarter. JPMorgan Chase & Co. now owns 120,032 shares of the company’s stock worth $2,836,000 after purchasing an additional 72,694 shares in the last quarter. Americana Partners LLC purchased a new position in shares of Sable Offshore in the 4th quarter valued at $309,000. Y Intercept Hong Kong Ltd acquired a new stake in Sable Offshore during the 4th quarter worth $354,000. Emerald Advisers LLC purchased a new stake in Sable Offshore in the fourth quarter valued at $6,700,000. Finally, Bleakley Financial Group LLC acquired a new position in Sable Offshore in the fourth quarter valued at $1,562,000. Hedge funds and other institutional investors own 26.19% of the company’s stock.
About Sable Offshore
Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.
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