Added to YB: 2025-06-06
Pitch date: 2025-06-04
SOC [bullish]
Sable Offshore Corp.
-73.01%
current return
Author Info
Under the Hood is a private investor (ex-NYSE, Bridgewater, Alliance Bernstein) writing about stocks. Sign up for their newsletter.
Company Info
Sable Offshore Corp. operates as an independent oil and gas company in the United States. The company operates through three platforms located in federal waters offshore California.
Market Cap
$694.4M
Pitch Price
$22.82
Price Target
30.00 (+387%)
Dividend
N/A
EV/EBITDA
-4.65
P/E
-1.19
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Sable Offshore: A Rare Legal Setup With 30%+ Near-Term Upside
SOC long: Short-term legal play trading at $23 with 30%+ upside to $30+ if legal issues resolve soon, which appears likely. Not a long-term fundamental play targeting $50-100 as bulls suggest. Downside risk limited to $15-20 range even with legal uncertainty.
Read full article (1 min)