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← CockpitCompetitor Analysis › SOC Sable Offshore Corp.Open in the cockpit ↗

Sable Offshore Corp.SOCCompetitor analysis, valuation and peers

United States · USD·Energy›Integrated Oil
Momentum laggard 1
Mkt cap
$370M
US dollars, full cap
Free float
88%
of shares outstanding
$/day
$20.5M
20-day average traded
P/B
0.76×
price to book
ROE
-103.2%
delivered
Implied ROE
5.5%
what the price asks
Next earnings
3 days
9 Nov 2026
Close · USD$1.93
1D+6.0%
1W-29.8%
1M-50.0%
3M-62.1%
6M-85.0%
YTD-78.6%
1Y-66.0%
ATR %13.8%
Beta0.06
52w lowhigh90.0% off high

What Sable Offshore does

Employees: 200

Sable Offshore at a glance

Size Sable Offshore (SOC) is a United States Energy company (Integrated Oil) with a market value of $370M, the 2919th largest of 3,117 United States companies the cockpit tracks. Shares closed at $1.93 on 6 Nov 2026.

Performance Over six months the shares fell 85.0%, against -10.0% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.

Growth The operating margin is -292.8% (peer median 23.1%).

Valuation It trades at 0.76× book value against a peer median of 1.44× (4th cheapest of 21).

Price implies The share price implies a return on equity of about 5.5%; Sable Offshore delivers -103.2%, so the price asks more than the business earns today.

Credit Sable Offshore has 1 bond outstanding ($345M).

Short interest Short interest is 28.4% of the free float (15 Oct 2026).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 92SOC 15
Six months, rebased to 100: Sable Offshore against the median of its 20 peers (local-currency closes).

Sable Offshore financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$138M$0$0$0$0
Revenue growth—————
Gross profit$94.2M-$14.5M-$13.4M$0$0
EBITDA-$361M-$394M-$325M-$4.92M-$6.15M
Net income-$434M-$410M-$629M-$32.2M-$2.59M
Free cash flow-$589M-$769M-$259M-$3.84M-$1.71M
Capital expenditure$277M$418M$72.3M$0$0
Total debt$969M$943M$851M$7.51M$1.78M

Quarterly statements and history in the cockpit →

Sable Offshore competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-75%-50%-25%0%+25%-40%-20%0%IPOANTELOPUSDR0FTWPENCEI1205002960OKEALGNTXO1907REPXSOILTBN300191300483ECSOC6-month return →1-month return →
Up and to the right = strong over both horizons. Sable Offshore is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%50%00×20×40×60×IPOANTELOPUSDR0PENCEI1205002960OKEALGNTXOINRREPX000968300191SOCReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Sable Offshore is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%-50%0%50%-100%-50%0%50%IPOANTELOPUSDR0PENCEI002960OKEAINRREPX300191SOCROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Sable Offshore is the large dot.

Sable Offshore competitors and peer comparison

How Sable Offshore compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Sable Offshore against its 20 peers (data as of 6 Nov 2026)
MeasureSOCPeer medianRank in peer set
1-month return-50.0%-5.9%lowest of 21
6-month return-85.0%-10.0%lowest of 21
Return on equity-103.2%5.7%lowest of 20
Price / book0.76×1.44×4th cheapest of 21
ROE the price implies5.5%8.8%6th least demanding of 21
ROE delivered-103.2%5.7%lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Sable Offshore SOCUnited States$370M-85%n/a-103%0.76×5.5%-103.2%
InPlay Oil IPO.TOCanada$346M+3%+79%-4%1.43×10.8%-3.7%
Antelopus Selan Energy ANTELOPUS.NSIndia$333M+33%+83%26%4.08×36.8%26.3%
Deutsche Rohstoff DR0.DEGermany$427M-18%-6%55%1.06×4.9%54.6%
Presidio Production FTWUnited States$321M-7%n/an/a1.77×9.0%n/a
Panoro Energy PEN.OLNorway$441M-16%-23%-30%1.97×24.4%-30.4%
Coelacanth Energy CEI.VCanada$299M-20%+409%2%1.69×10.2%1.9%
CITIC Resources 1205.HKHong Kong$481M-13%-29%4%0.40×4.9%3.6%
Hankook Shell Oil 002960.KSSouth Korea$500M+3%+4%42%5.52×16.6%42.4%
Okea OKEA.OLNorway$513M+19%+2%56%3.56×47.0%56.0%
Logan Energy LGN.VCanada$726M+61%+64%11%2.57×8.5%11.3%
TXO Partners, L.P TXOUnited States$728M+7%+50%-11%1.22×7.1%-11.1%
Infinity Natural Resources INRUnited States$811M-17%+75%16%0.60×5.0%16.2%
China Risun 1907.HKHong Kong$841M-45%-2%2%0.45×4.4%1.9%
Riley Exploration Permian REPXUnited States$913M+24%+23%20%1.44×12.7%19.9%
Saturn Oil & Gas SOIL.TOCanada$941M+13%+6%5%1.45×6.9%4.9%
Shanxi Blue Flame 000968.SZChina$961M-28%-1%5%0.99×4.8%5.1%
Tamboran Resources TBNUnited States$1.01B-19%n/a-5%1.27×7.3%-4.8%
Sino Geophysical 300191.SZChina$1.10B-47%+136%11%6.26×62.7%10.9%
Sino Prima Gas Technology 300483.SZChina$1.11B-15%+40%17%1.83×15.0%16.7%
Totalenergies EP Gabon EC.PAFrance$1.14B-5%-13%6%0.89×6.1%5.7%

Sable Offshore bonds and credit

Sable Offshore has 1 bond outstanding with $345M face value.

Every bond, yield and spread in the cockpit →

Questions

Which companies are Sable Offshore's closest peers?
The cockpit's peer set: InPlay Oil (IPO.TO), Antelopus Selan Energy (ANTELOPUS.NS), Deutsche Rohstoff (DR0.DE), Presidio Production (FTW), Panoro Energy (PEN.OL), Coelacanth Energy (CEI.V), CITIC Resources (1205.HK), Hankook Shell Oil (002960.KS).
Is Sable Offshore expensive compared with its peers?
On price / book it trades at 0.76× against a peer median of 1.44×, 4th cheapest of 21 in its peer set. The share price implies a return on equity of about 5.5%; Sable Offshore delivers -103.2%, so the price asks more than the business earns today.
How has Sable Offshore stock performed?
Over six months to 6 Nov 2026 the shares returned -85.0% against -10.0% for the median peer; over one year -66.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.