Added to YB: 2025-03-20
Pitch date: 2025-03-19
SOC [neutral]
Sable Offshore Corp.
-76.18%
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
$25.86
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
Sable Offshore Resolves Key Regulatory Hurdles, Bullish Outlook Ahead
SOC (update): Regulatory issues (SB county, CCC C&D, PHMSA/OFSM waivers) resolved. OFSM approval likely if repairs & hydro test pass. OFSM acting in bad faith unlikely due to past objectivity & potential state losses. No XOM takeback concerns per PSA extension. Bullish on approval.
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