Added to YB: 2025-01-16
Pitch date: 2025-01-16
SOC [bullish]
Sable Offshore Corp.
-75.1%
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
$24.74
Price Target
200.00 (+3147%)
Dividend
N/A
EV/EBITDA
-4.65
P/E
-1.19
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
value
Investing in SOC: Regulatory Risks, Oil Price Upside, and a Big Payoff Potential
SOC: 646 MMBoe contingent resources at $4.40/BOE vs peer $22.73/BOE. $22.79 stock could hit $155-$200 if production restarts by 2026, reclassifying to proved reserves. Risks: CA regulatory delays, execution, binary outcome. Vertically integrated, 86% oil-weighted. Catalysts: Q1 2025 restart, permits, oil prices.
Read full article (4 min)