Sable Offshore (SOC) to Release Earnings on Thursday

Sable Offshore (NYSE:SOCGet Free Report) is anticipated to issue its Q3 2025 results before the market opens on Thursday, November 13th. Analysts expect the company to announce earnings of ($0.68) per share and revenue of $116.5180 million for the quarter. Parties may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, November 20, 2025 at 12:00 AM ET.

Sable Offshore (NYSE:SOCGet Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($1.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.66) by ($0.44). On average, analysts expect Sable Offshore to post $-6 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sable Offshore Price Performance

SOC stock opened at $7.21 on Wednesday. The stock has a market capitalization of $717.47 million, a P/E ratio of -2.13 and a beta of 0.46. Sable Offshore has a fifty-two week low of $4.58 and a fifty-two week high of $35.00. The business has a 50-day moving average of $16.86 and a 200-day moving average of $22.75.

Insider Activity

In other news, major shareholder Global Icav Pilgrim bought 982,645 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was acquired at an average cost of $15.04 per share, for a total transaction of $14,778,980.80. Following the purchase, the insider owned 10,933,394 shares of the company’s stock, valued at approximately $164,438,245.76. This trade represents a 9.88% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 36.36% of the company’s stock.

Institutional Trading of Sable Offshore

Several hedge funds have recently added to or reduced their stakes in the company. State Street Corp boosted its stake in Sable Offshore by 16.1% in the 2nd quarter. State Street Corp now owns 3,035,292 shares of the company’s stock valued at $66,716,000 after purchasing an additional 420,433 shares during the period. Bank of America Corp DE lifted its holdings in shares of Sable Offshore by 329.8% during the second quarter. Bank of America Corp DE now owns 1,124,427 shares of the company’s stock worth $24,715,000 after buying an additional 862,810 shares in the last quarter. Merewether Investment Management LP bought a new stake in shares of Sable Offshore in the second quarter valued at about $8,792,000. JPMorgan Chase & Co. grew its stake in shares of Sable Offshore by 389.3% in the third quarter. JPMorgan Chase & Co. now owns 159,238 shares of the company’s stock valued at $2,780,000 after acquiring an additional 126,692 shares in the last quarter. Finally, Brevan Howard Capital Management LP acquired a new position in shares of Sable Offshore in the second quarter valued at about $3,166,000. 26.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Roth Capital reiterated a “buy” rating and issued a $22.00 price objective on shares of Sable Offshore in a report on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sable Offshore in a research report on Thursday, October 30th. Jefferies Financial Group cut their price target on shares of Sable Offshore from $38.00 to $20.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Benchmark reduced their price objective on shares of Sable Offshore from $47.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, November 4th. Five investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $19.60.

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Sable Offshore Company Profile

(Get Free Report)

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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