SOC

Based on Sable Offshore Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does Sable Offshore Corp. do?

Sable Offshore Corp. engages in oil and gas exploration and development offshore California. The company operates three offshore platforms and an onshore processing facility across approximately 76,000 acres of federal leases. It was formerly known as Flame Acquisition Corp. before rebranding in early 2024.

Does SOC pay dividends?

Sable Offshore does not currently pay a dividend. The company is in an early development phase, directing capital toward its offshore California platform operations and lease development rather than shareholder distributions.

When does SOC report earnings?

Sable Offshore reports on a quarterly cadence, as is standard for US-listed companies. For the most current earnings schedule and recent results, check the company's official investor relations page.

Is SOC a good stock to buy?

UQS Score rates SOC as Below Average, driven by Weak Quality and Moat pillars. The Valuation pillar is Attractive, which may interest contrarian investors, but the overall profile reflects meaningful uncertainty. The complete pillar breakdown is available to UQS Pro members.

Is SOC overvalued?

Based on the UQS Valuation pillar, SOC is rated Attractive — meaning the market appears to be pricing in significant risk or uncertainty relative to the company's asset base. This does not guarantee upside, but suggests the stock is not trading at a premium to fundamentals.

How does SOC compare to its competitors?

Compared to peers like Borr Drilling, Nabors Industries, and Precision Drilling, Sable Offshore is a much smaller and earlier-stage operator with a concentrated focus on offshore California. Those competitors bring greater scale, diversification, and longer operating track records.

What is SOC's market cap bracket?

Sable Offshore Corp. is classified as a small-cap company. This places it in a segment of the market that typically carries higher volatility and liquidity risk compared to mid- or large-cap energy peers.

Who founded Sable Offshore Corp.?

Sable Offshore Corp. was incorporated in 2020 as Flame Acquisition Corp. before changing its name in February 2024. Founding and leadership details are publicly available through the company's SEC filings and investor relations materials.

Is SOC a long-term quality investment?

As a long-term quality indicator, the UQS Score rates SOC as Below Average. Weak Quality and Moat scores suggest the business has not yet demonstrated the durability or competitive advantages typically associated with strong long-term holdings. Neutral Growth and Risk scores leave room for improvement if operations mature.

What is the main competitive advantage of Sable Offshore?

Sable Offshore's primary asset is its portfolio of federal offshore California leases — a geographically scarce and regulated resource. However, the UQS Moat pillar rates this as Weak, indicating that this asset position has not yet translated into a clearly defensible competitive advantage.

What sector does SOC belong to?

Sable Offshore Corp. operates in the Energy sector, specifically within oil and gas exploration and development. Its operations are concentrated in the offshore California region, making it more geographically focused than most diversified energy peers.

Sable Offshore Corp. currently shows below-average quality metrics, suggesting challenges with profitability.

Sable Offshore Corp. faces growth headwinds with declining or stagnant revenue trends.

Sable Offshore Corp. has some risk factors including moderate leverage or solvency concerns.

Sable Offshore Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.

Sable Offshore Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for SOC.

The UQS (Unified Quality Score) for Sable Offshore Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Sable Offshore Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Sable Offshore Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.