Professional
Added to YB: 2025-09-18
Pitch date: 2025-09-05
SOC [neutral]
Sable Offshore Corp.
-76.09%
current return
Author Info
No bio for this author
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
$22.71
Price Target
40.00 (+637%)
Dividend
N/A
EV/EBITDA
-4.65
P/E
-1.19
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Rome Capital Portfolio Holding: Sable Offshore Corp.
SOC: Binary regulatory outcome resolved favorably Feb 12 when California Coastal Commission ruled Sable didn't need approval to restart suspended Exxon assets. Stock surged from ~$20 to $30s. Used strangle strategy (calls+puts) to profit from either direction, calls doubled despite puts expiring worthless.
Read full article (1 min)