Added to YB: 2025-12-04
Pitch date: 2025-12-02
SOC [bearish]
Sable Offshore Corp.
-36.28%
current return
Author Info
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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
$4.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
-4.65
P/E
-1.19
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
(Public) Sable Offshore Will Run Out Of Money By January
SOC (short): Pipeline route dead due to multiple legal hurdles & SB 237 deadline. OS&T offshore route needs $3-3.7B financing, 48mo timeline, NEPA approval - unrealistic by Q4 2026. Federal support limited without BOEM permit. Cash runs out Jan 2026 despite $225M raise. Equity worthless.
Read full article (10 min)