SOC · Sable Offshore Corp.
$4.56
+0.21 (+4.83%)
At close · Sep 18
Going-concern doubt
— cleared Aug 10, 2026
The latest filing states the doubt was alleviated.
“In connection with the preparation of its unaudited condensed consolidated financial statements as of and for the three months ended March 31, 2026, 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
$874.93M
Shares
191.87M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$4.56
Open$4.35
Day$4.29–4.67
52W close$3.08–24.49
Avg vol 30d9.1M
Short int45.5M · 23.7% float · 4.3d
Short vol44%
Last earningsAug 11, 2026
DataApr 2021–Sep 2026
Filing10-Q · Aug 10
Up next
filed Aug 10, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$138.40M
Trailing 12 months
Net income (TTM)
−$433.79M
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
-292.8%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-63.9%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$947.24M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+68.2%
Year over year · more shares
Price change (1Y)
-81.0%
Trailing year
Short interest
23.7%
Latest settlement · 4.3 days to cover
Equibles Rating
blended score · not investment adviceOverall
Strong Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Bullish
Fundamentals
Limited
Quant / Vol
Very High
Market backdrop
VIX 14.8 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−52%
below
Price vs 50-day avg
−1%
below
RSI (14)
46
neutral
MACD trend
Negative
52-week position
7%
near low
Momentum
relative strength
1-month return
−10%
trailing
6-month return
−75%
trailing
YTD return
−49%
this year
Relative strength
−95%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $5 › 200d $10 — 200d above 50d
Institutional flow
Accumulating
+11% holders QoQ · +72 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
23.70% of float · ▼ -1.6% MoM · 4.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
259 holders — near 3-yr high, broad support
Squeeze score
65
elevated · 0–100
Fundamentals
Not enough data for a confident read.
Quant / Vol
risk profile
Volatility
158%
annualized · 1-yr
Max drawdown
−87%
past year
ATR
8.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 10, 2026
2H 2026E
% Oil
100%
Estimated Marketing and GP&T Deduct ($/Bbl)
$24 – $28
2H 2026E midpoint capex
$85M
FY 2027E
% Oil
100%
Estimated Marketing and GP&T Deduct ($/Bbl)
$21 – $25
Lease Operating Expense ($/Net Boe)
$9 – $12
Cash General & Administrative ($/Net Boe)
$4 – $7
Expected oil ratio
100%
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
−52%
Bearish
Price vs 50-day avg
−1%
Neutral
RSI (14)
46
Neutral
MACD trend
Negative
Bearish
52-week position
7%
Bearish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $5 › 200d $10 — 200d above 50d
Institutional flow
Accumulating
+11% holders QoQ · +72 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
23.70% of float · ▼ -1.6% MoM · 4.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
259 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $3
Now $5 · 7%
Range high $24
vs 200-day avg -52%
vs 50-day avg -1%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
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.
|
$874.93M | -49.4% | — | — | 23.7% |
|
NE
Noble Corp plc
|
$7.07B | +56.7% | +7.4% | 47.6 | 9.1% |
|
RIG
Transocean Ltd.
|
$6.30B | +36.6% | -28.6% | — | 23.7% |
|
VAL
Valaris Ltd
|
$6.01B | +66.2% | +0.3% | 6.5 | 9.3% |
|
PTEN
Patterson Uti Energy Inc
|
$4.49B | +92.8% | -10.3% | — | 10.0% |
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 | -11.8% | -10.1% | -75.3% | -5.6% | -49.5% |
| SPY | -0.3% | -0.1% | +20.1% | -0.7% | +11.7% |
| vs SPY | -11.5% | -9.9% | -95.4% | -4.9% | -61.2% |