Sable Offshore Corp (NYSE: SOC) on Friday, soared 10.33% from the previous trading day, before settling in for the closing price of $4.84. Within the past 52 weeks, SOC’s price has moved between $4.79 and $35.00.
The company achieved an average annual earnings per share of 69.11%. With a float of $74.84 million, this company’s outstanding shares have now reached $99.48 million.
Sable Offshore Corp (SOC) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Drilling industry stocks is more important than anything else. The insider ownership of Sable Offshore Corp is 24.79%, while institutional ownership is 60.84%. The most recent insider transaction that took place on Oct 15 ’25, was worth 14,777,319. In this transaction 10% Owner of this company bought 982,645 shares at a rate of $15.04, taking the stock ownership to the 10,933,394 shares. Before that another transaction happened on Jul 18 ’25, when Company’s 10% Owner sold 167,175 for $21.98, making the entire transaction worth $3,674,506. This insider now owns 9,933,394 shares in total.
Sable Offshore Corp (SOC) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -1.24 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.56) by -0.68. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.62 per share during the current fiscal year.
Sable Offshore Corp (NYSE: SOC) Trading Performance Indicators
Sable Offshore Corp (SOC) is currently performing well based on its current performance indicators. A quick ratio of 0.27 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.99, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of Sable Offshore Corp (SOC)
Let’s dig in a bit further. During the last 5-days, its volume was 10.57 million. That was better than the volume of 3.05 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 4.18%.
During the past 100 days, Sable Offshore Corp’s (SOC) raw stochastic average was set at 2.75%, which indicates a significant decrease from 7.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.39 in the past 14 days, which was lower than the 1.66 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.59, while its 200-day Moving Average is $23.31. However, in the short run, Sable Offshore Corp’s stock first resistance to watch stands at $5.73. Second resistance stands at $6.11. The third major resistance level sits at $6.69. If the price goes on to break the first support level at $4.77, it is likely to go to the next support level at $4.19. The third support level lies at $3.81 if the price breaches the second support level.
Sable Offshore Corp (NYSE: SOC) Key Stats
Market capitalization of the company is 531.37 million based on 99,507K outstanding shares. Right now, sales total 0 K and income totals -629,070 K. The company made 0 K in profit during its latest quarter, and -128,070 K in sales during its previous quarter.
