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Sable Offshore Corp.

SOC Energy Oil & Gas Production
$3.26
▲ +2.8% Today
as of Oct 23, 16:52 ET
Last 30 days -32.37% Sep 14 → Oct 23
$2.89 $3.44 $4.00 $4.56 $5.11 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$3.16
High
$3.28
Low
$3.13
Volume
$6M
Avg Vol
$8M
Mkt Cap
$631M
P/E (TTM)
—
Beta
—
52w High
$19.25
52w Low
$2.88
Div Yield
—
Shares Out
$155M

Recent Press Releases & News last 60 days · 5 items

Oct 5 · 10:32 MT Newswires
William Blair Initiates Sable Offshore at Outperform
Oct 2 · 09:38 MT Newswires
JPMorgan Initiates Sable Offshore at Overweight With $10 Price Target
Sep 28 · 21:59 MT Newswires
Sable Offshore Expects Q4 Hondo Restart, Oil Sales Nominations to Rise
▸ Show all 5 press releases & news Free account →

SOC earnings at a glance

The options market is pricing a move of about ±5.6% after the report, a range of roughly $3.08 to $3.44 from today's $3.26. Over its last 2 reports the stock rose the next day 1 time and fell 1, moving ±7.8% on average; after the most recent report on May 6, 2026 it moved -6.0%. That means options currently expect less movement than SOC has typically delivered. SOC beat the consensus EPS estimate in 0 of its last 4 reported quarters. Implied volatility is currently 135%. The share price of $3.26 sits near its 52-week low.

More Energy stocks · All stocks · Earnings calendar

Overview

52-week range
$2.88
$19
2% of range
Avg surprise (last 4)
-87.1%
Avg reaction (last 2)
+1.9%
50% positive
Latest IV / EM
135%
EM ±5.6% · $4 · Oct 9

Earnings trends

EPS — actual vs estimate Actual Estimate
$-4.11$-3.19$-2.27$-1.34$-0.42 Actual $-2.75Actual $-4.11Actual $-1.05Est $-0.43Actual $-1.10Est $-0.66Actual $-1.11Est $-0.90Actual $-1.37Est $-0.64Actual $-0.42 JunSepMar/2025Jun/2025Sep/2025Mar/2026Jun
Revenue vs Net Income Revenue Net income
$-256M$-156M$-56M$44M$144M Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jun 30, 2026Jun 2026 $-0.42 — — — — financials
Wed May 6, 2026Mar/2026 $-1.37 $-0.64 -114.1% -30.5% -6.0% earnings
Thu Nov 13, 2025Sep/2025 $-1.11 $-0.90 -23.3% — — earnings
Tue Aug 12, 2025Jun/2025 $-1.10 $-0.66 -66.7% — — earnings
Fri May 9, 2025Mar/2025 $-1.05 $-0.43 -144.2% — +9.7% earnings
Mon Sep 30, 2024Sep 2024 $-4.11 — — — — financials
Sun Jun 30, 2024Jun 2024 $-2.75 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$137M$1M—$0$0$0—$0
Cost of revenue————————
Gross profit————————
Operating income$-67M$-119M—$-119M$-129M$-60M—$-55M
Net income$-64M$-197M—$-110M$-128M$-110M—$-256M
EPS (diluted)$-0.42$-1.37—$-1.11$-1.40$-1.30—$-4.11

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$22M$52M$98M$42M$247M$189M$300M$288M
Inventory$12M$6M$12M—————
Total current assets$107M$85M$136M$78M$308M$245M$355M$344M
Total assets$1.76B$1.73B$1.74B$1.65B$1.77B$1.56B$1.58B$1.47B
Long-term debt$732M—$0$0$0$855M$834M$814M
Total liabilities$1.37B$1.31B$1.21B$1.30B$1.33B$1.28B$1.20B$1.31B
Total equity$395M$422M$534M$348M$446M$281M$384M$167M

Implied volatility — last 90 days

76%130%184%237%291% Jun 08 — IV 157% · EM ±13.1%Jun 09 — IV 140% · EM ±10.1%Jun 10 — IV 166% · EM ±9.8%Jun 11 — IV 141% · EM ±5.9%Jun 15 — IV 132% · EM ±9.5%Jun 16 — IV 140% · EM ±8.3%Jun 17 — IV 187% · EM ±7.8%Jun 19 — IV 118% · EM ±13.0%Jun 22 — IV 140% · EM ±11.7%Jun 23 — IV 154% · EM ±11.1%Jun 24 — IV 128% · EM ±7.6%Jun 25 — IV 196% · EM ±8.2%Jun 29 — IV 135% · EM ±31.9%Jun 30 — IV 164% · EM ±38.1%Jul 01 — IV 292% · EM ±12.2%Jul 03 — IV 175% · EM ±19.3%Jul 06 — IV 172% · EM ±14.4%Jul 07 — IV 156% · EM ±11.3%Jul 08 — IV 160% · EM ±9.4%Jul 09 — IV 158% · EM ±6.6%Jul 13 — IV 190% · EM ±15.9%Jul 14 — IV 181% · EM ±13.1%Jul 15 — IV 169% · EM ±10.0%Jul 16 — IV 178% · EM ±7.5%Jul 20 — IV 140% · EM ±11.7%Jul 21 — IV 163% · EM ±11.8%Jul 22 — IV 177% · EM ±10.5%Jul 23 — IV 219% · EM ±9.2%Jul 27 — IV 197% · EM ±16.5%Jul 28 — IV 133% · EM ±9.6%Jul 29 — IV 120% · EM ±7.1%Jul 30 — IV 156% · EM ±6.5%Aug 03 — IV 151% · EM ±21.0%Aug 04 — IV 187% · EM ±24.7%Aug 05 — IV 152% · EM ±19.0%Aug 06 — IV 161% · EM ±19.0%Aug 07 — IV 146% · EM ±16.1%Aug 10 — IV 171% · EM ±14.2%Aug 11 — IV 131% · EM ±9.5%Aug 12 — IV 151% · EM ±8.9%Aug 13 — IV 160% · EM ±6.7%Aug 17 — IV 140% · EM ±11.7%Aug 18 — IV 137% · EM ±9.9%Aug 19 — IV 224% · EM ±13.2%Aug 20 — IV 228% · EM ±9.5%Aug 24 — IV 106% · EM ±8.9%Aug 25 — IV 119% · EM ±8.6%Aug 26 — IV 115% · EM ±6.8%Aug 27 — IV 134% · EM ±5.6%Aug 31 — IV 145% · EM ±12.1%Sep 01 — IV 128% · EM ±9.3%Sep 02 — IV 143% · EM ±8.4%Sep 03 — IV 142% · EM ±5.9%Sep 07 — IV 134% · EM ±11.2%Sep 08 — IV 110% · EM ±7.9%Sep 09 — IV 108% · EM ±6.4%Sep 10 — IV 138% · EM ±5.7%Sep 14 — IV 90% · EM ±7.5%Sep 15 — IV 98% · EM ±7.1%Sep 16 — IV 123% · EM ±7.3%Sep 17 — IV 171% · EM ±7.1%Sep 21 — IV 116% · EM ±9.7%Sep 22 — IV 120% · EM ±8.7%Sep 23 — IV 147% · EM ±8.7%Sep 24 — IV 114% · EM ±4.8%Sep 28 — IV 108% · EM ±25.4%Sep 29 — IV 99% · EM ±23.0%Sep 30 — IV 115% · EM ±6.8%Oct 01 — IV 190% · EM ±7.9%Oct 06 — IV 108% · EM ±7.8%Oct 07 — IV 77% · EM ±4.5%Oct 08 — IV 135% · EM ±5.6%

Sector peers

EGY
VAALCO Energy, Inc.
$610M $6.56+5.0%
GRNT
Granite Ridge Resources, Inc.
$605M $5.86+3.4%
NUAI
New Era Energy & Digital, Inc.
$679M $2.96-10.8%
OBE
Obsidian Energy Ltd.
$712M $12.04+1.9%
VTS
Vitesse Energy, Inc.
$717M $18.25+1.8%
GPRK
Geopark Ltd
$721M $11.78+2.0%

SOC earnings FAQ

What is SOC's expected move for earnings?

Options currently price a move of about ±5.6%, or $0.18 per share either way from $3.26.

How does SOC stock usually react to earnings?

Across the last 2 reports the average next-day move was ±7.8%, up 1 times and down 1 times.

What is SOC's implied volatility?

SOC's at-the-money implied volatility is about 135% based on the latest options snapshot.

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