Sable Offshore Corp

SOC

Market cap $1.89B

Sable Offshore stock declined after an investor call, possibly due to the disclosure it will not be able to obtain federal distress financing. The company should be able to refinance its $900 million short-term loan this month with the assistance of JPMorgan. Sable's production restart has gone well, and estimated cash flows are attractive.

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. to Host Conference Call on June 1, 2026.

A U.S. District Court on Thursday denied the California Department of Parks ​and Recreation's bid to stop oil producer ‌Sable Offshore Corp from moving oil on a long-disputed pipeline linked to the Santa Ynez offshore platform.

Sable Offshore Corp. (SOC) came out with a quarterly loss of $1.37 per share versus the Zacks Consensus Estimate of a loss of $0.64. This compares to a loss of $1.05 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. First Quarter 2026 Financial Results.

The average of price targets set by Wall Street analysts indicates a potential upside of 86.2% in SABLE OFFSHORE (SOC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Provides Corporate Update.

Flores directly sold 279,081 shares for a transaction value of $4.66 million on March 31, 2026. The sale represented 24.50% of his total holdings at the time of the transaction.

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Begins Oil Sales from Santa Ynez Pipeline System.

The Trump Administration issued an emergency order to restart the Santa Ynez Pipeline System. The system hasn't restarted since getting shut down in 2015 due to an oil spill.