Added to YB: 2024-05-29
Pitch date: 2024-05-28
SOC [bullish]
Sable Offshore Corp.
-58.46%
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
$14.83
Price Target
87.78 (+1325%)
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 Corp.: Insider Investments and the Path to Multi-Billion Dollar Valuation
SOC: Compelling asymmetric bet. Insiders see $5-10B asset value (5-10x upside), but needs regulatory approvals. Russell inclusion could drive 2.7M shares of buying into thin 6M share float (1.1M short). High risk, but 50-60% odds of 3-5x returns. See Hunterbrook short report.
Read full article (4 min)