Roth Capital Lowers Earnings Estimates for Sable Offshore

Sable Offshore Corp. (NYSE:SOC) – Roth Capital dropped their Q3 2025 earnings per share estimates for Sable Offshore in a note issued to investors on Tuesday, August 12th. Roth Capital analyst L. Mariani now anticipates that the company will post earnings per share of ($0.44) for the quarter, down from their prior estimate of $0.24. Roth Capital has a “Buy” rating and a $37.00 price objective on the stock. The consensus estimate for Sable Offshore’s current full-year earnings is ($6.39) per share. Roth Capital also issued estimates for Sable Offshore’s Q4 2025 earnings at $0.20 EPS and FY2025 earnings at ($2.99) EPS.

Sable Offshore (NYSE:SOC) last released its earnings results on Tuesday, August 12th. The company reported ($1.10) EPS for the quarter, missing the consensus estimate of ($0.66) by ($0.44).

SOC has been the topic of several other research reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of Sable Offshore in a research report on Monday, May 26th. Benchmark upped their price objective on Sable Offshore from $37.00 to $47.00 and gave the company a “buy” rating in a report on Tuesday, May 20th. Finally, BWS Financial reaffirmed a “sell” rating and issued a $6.00 price objective on shares of Sable Offshore in a report on Tuesday, May 13th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Sable Offshore currently has an average rating of “Moderate Buy” and an average target price of $30.33.

Sable Offshore Stock Performance

NYSE SOC opened at $29.78 on Thursday. Sable Offshore has a 52 week low of $14.63 and a 52 week high of $35.00. The stock’s 50 day moving average price is $25.53 and its two-hundred day moving average price is $24.93.

Insider Transactions at Sable Offshore

In other news, major shareholder Global Icav Pilgrim sold 167,175 shares of the firm’s stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $21.98, for a total transaction of $3,674,506.50. Following the completion of the transaction, the insider directly owned 9,933,394 shares in the company, valued at $218,336,000.12. This trade represents a 1.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 36.36% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Sable Offshore

A number of hedge funds have recently made changes to their positions in the stock. SVB Wealth LLC acquired a new stake in Sable Offshore during the first quarter worth approximately $29,000. CWM LLC grew its stake in Sable Offshore by 1,262.8% during the second quarter. CWM LLC now owns 1,867 shares of the company’s stock worth $41,000 after purchasing an additional 1,730 shares during the period. KBC Group NV acquired a new stake in Sable Offshore during the second quarter worth approximately $46,000. Quantbot Technologies LP acquired a new stake in Sable Offshore during the first quarter worth approximately $48,000. Finally, NewEdge Advisors LLC grew its stake in Sable Offshore by 36.2% during the first quarter. NewEdge Advisors LLC now owns 2,448 shares of the company’s stock worth $62,000 after purchasing an additional 650 shares during the period. 26.19% of the stock is currently owned by institutional investors.

About Sable Offshore

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities.