SOC · Sable Offshore Corp.
$5.07
+0.29 (+6.07%)
At close · Aug 20
Going-concern doubt
— cleared Aug 10, 2026
The latest filing states the doubt was alleviated.
“management evaluated the Company's ability to continue as a going concern in accordance with ASC 205-40, Presentation of Financial Statements — Going Concern, and concluded that substantial doubt existed regarding the Company's ability to continue as a going concern within one year of the date such financial statements were issued, due to the Company's then current debt maturity profile and related liquidity considerations. On July 2, 2026, the Company completed the 2026 Refinancing Transactions, which extended the maturity of the Company's debt obligations and improved its liquidity position. As a result, management re-evaluated the Company's ability to continue as a going concern and concluded that the conditions and events that previously raised substantial doubt had been alleviated. Accordingly, substantial doubt regarding the Company's ability to continue as a going concern no longer exists as of the issuance date of the unaudited condensed consolidated financial statements contained in this Quarterly Report, which have been prepared on a basis that assumes the Company will continue as a going concern.”View the 10-Q filed Aug 10, 2026
Market Cap
$948.80M
Shares
191.87M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$5.07
Open$5.16
Day$4.87–5.30
52W close$3.08–28.79
Avg vol 30d9.1M
Short int43.0M · 22.4% float · 5.4d
Short vol27%
Last earningsAug 11, 2026
DataApr 2021–Aug 2026
Filing10-Q · Aug 10
Up next
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 10, 2026
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Weak
Sentiment
Bullish
Fundamentals
Limited
Quant / Vol
Very High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−47%
below
Price vs 50-day avg
−11%
below
RSI (14)
52
neutral
MACD trend
Positive
52-week position
8%
near low
Momentum
relative strength
1-month return
+9%
trailing
6-month return
−39%
trailing
YTD return
−44%
this year
Relative strength
−50%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $6 › 200d $10 — 200d above 50d
Institutional flow
Accumulating
+10% holders QoQ · +73 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
22.42% of float · ▼ -4.6% MoM · 5.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
257 holders — near 2-yr high, broad support
Squeeze score
73
high risk · 0–100
Fundamentals
Not enough data for a confident read.
Quant / Vol
risk profile
Volatility
160%
annualized · 1-yr
Max drawdown
−89%
past year
ATR
10.5%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 10, 2026
2H 2026E
Estimated Marketing and GP&T Deduct ($/Bbl)
Initiated
$24 – $28
Lease Operating Expense ($/Net Boe)
Initiated
$17 – $21
Cash General & Administrative ($/Net Boe)
Initiated
$6 – $9
Severance & Ad Valorem Taxes (% of Revenue)
Initiated
0.5% – 1%
FY 2027E
Estimated Marketing and GP&T Deduct ($/Bbl)
$21 – $25
Lease Operating Expense ($/Net Boe)
$9 – $12
Cash General & Administrative ($/Net Boe)
$4 – $7
Severance & Ad Valorem Taxes (% of Revenue)
0.5% – 1%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−47%
Bearish
Price vs 50-day avg
−11%
Bearish
RSI (14)
52
Neutral
MACD trend
Positive
Bullish
52-week position
8%
Bearish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $6 › 200d $10 — 200d above 50d
Institutional flow
Accumulating
+10% holders QoQ · +73 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
22.42% of float · ▼ -4.6% MoM · 5.4 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
257 holders — near 2-yr high, broad support
Price context
position in its 52-week range
Range low $3
Now $5 · 8%
Range high $29
vs 200-day avg -47%
vs 50-day avg -11%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $518M | FY 2027E | — |
| average producing wells per day | 35 | Q2 2026 | — |
| average wells online in July 2026 | 47 | July 2026 | — |
| average wells online in June 2026 | 39 | Q2 2026 | — |
| Brent floor price | $65 | Q2 2026 | — |
| capital expenditures | $39.4M | Q2 2026 | — |
| Crude oil in inventory | 224,000 | as of August 9, 2026 | — |
| Las Flores Canyon crude oil inventory | 316,495 | Q2 2026 | — |
| non-recurring demurrage charges | $18.5M | Q2 2026 | — |
| shares of Common Stock outstanding | 154,531,910 | Q2 2026 | — |
| Working Interest / Net Revenue Interest | 83.6% | 2H 2026E | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Drilling — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SOC
this stock
Sable Offshore Corp.
|
$948.80M | -43.8% | — | — | 22.4% |
|
NE
Noble Corp plc
|
$7.32B | +66.4% | +7.4% | 49.3 | 9.4% |
|
RIG
Transocean Ltd.
|
$6.71B | +45.5% | -28.6% | — | 22.8% |
|
VAL
Valaris Ltd
|
$6.18B | +76.6% | +0.3% | 6.7 | 8.4% |
|
PTEN
Patterson Uti Energy Inc
|
$4.65B | +99.3% | -10.3% | — | 7.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SOC | +25.8% | +8.8% | -38.6% | -4.2% | -43.8% |
| SPY | -2.0% | +3.3% | +11.2% | +2.1% | +11.8% |
| vs SPY | +27.8% | +5.5% | -49.7% | -6.2% | -55.6% |
Key facts
CIK
1831481
CUSIP
78574H104
13F (30d)
255 filings
242 filers
Visit website
Investor relations