Sable Offshore’s (SOC) Hold Rating Reiterated at Benchmark

Benchmark reiterated their hold rating on shares of Sable Offshore (NYSE:SOC) in a research report sent to investors on Thursday morning, Marketbeat Ratings reports.

Several other analysts also recently commented on SOC. Weiss Ratings reissued a “sell (d-)” rating on shares of Sable Offshore in a research report on Tuesday, January 27th. Roth Mkm restated a “buy” rating on shares of Sable Offshore in a report on Wednesday, December 24th. TD Cowen reaffirmed a “buy” rating on shares of Sable Offshore in a research note on Thursday, December 18th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Sable Offshore in a report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $19.00.

Sable Offshore Price Performance

SOC opened at $14.38 on Thursday. The company has a market capitalization of $2.08 billion, a PE ratio of -3.42 and a beta of 0.43. Sable Offshore has a fifty-two week low of $3.72 and a fifty-two week high of $35.00. The business has a 50-day moving average of $9.69 and a 200-day moving average of $12.54.

Sable Offshore (NYSE:SOC) last announced its quarterly earnings results on Friday, February 27th. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.59) by $0.20. The firm had revenue of $1.00 million during the quarter, compared to the consensus estimate of $0.50 million. On average, equities research analysts expect that Sable Offshore will post -6.39 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sable Offshore

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Sable Offshore in the fourth quarter valued at approximately $37,000. CWM LLC boosted its holdings in shares of Sable Offshore by 1,262.8% during the 2nd quarter. CWM LLC now owns 1,867 shares of the company’s stock worth $41,000 after buying an additional 1,730 shares during the period. KBC Group NV acquired a new position in Sable Offshore in the 2nd quarter valued at $46,000. Aster Capital Management DIFC Ltd raised its holdings in Sable Offshore by 263.2% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 5,230 shares of the company’s stock worth $47,000 after acquiring an additional 3,790 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Sable Offshore by 36.2% in the 1st quarter. NewEdge Advisors LLC now owns 2,448 shares of the company’s stock worth $62,000 after acquiring an additional 650 shares during the period. Institutional investors and hedge funds own 26.19% of the company’s stock.

Key Stories Impacting Sable Offshore

Here are the key news stories impacting Sable Offshore this week:

• Positive Sentiment: DOJ legal opinion lifts restart prospects — reporting indicates a DOJ opinion narrowed federal legal obstacles to restarting the pipeline, rekindling hopes for resumed production and clearer revenue visibility; that news is the primary catalyst for the intraday rally. Sable (SOC) Soars 37% on Renewed Hopes for California Pipeline
• Positive Sentiment: Heavy call buying — unusual options activity saw ~41,549 call contracts bought (≈86% above typical daily call volume), signaling speculative or hedged bullish positioning by traders expecting further upside.
• Positive Sentiment: Strategic investor support — FourWorld publicly backed Sable amid the legal debate, providing funding/credibility that may ease refinancing or operational restart plans and reduce near‑term capital‑risk concerns. FourWorld Backs Sable Offshore As Legal Risks Weigh On Pipeline Restart
• Neutral Sentiment: Analyst/action note — Benchmark (and other outlets) has been active on coverage; one report references a hold rating reaffirmation, which suggests analysts remain cautious even as legal clarity improves. Benchmark hold coverage
• Negative Sentiment: Analyst downgrade reported — at least one outlet reports Benchmark downgraded Sable, which could limit upside from analyst desks and weigh on some institutional buyers. Benchmark downgrades Sable Offshore (SOC)
• Negative Sentiment: Worsening 2025 fundamentals — reporting on deeper 2025 losses and ongoing negative EPS expectations underscores that, even if operations resume, the company faces material near‑term profitability and cash‑flow challenges that could limit sustainable upside. What Sable Offshore (SOC)’s Deeper 2025 Losses And FourWorld’s Big Bet Mean For Shareholders

About Sable Offshore

Sable Offshore (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services.