Roth Capital Lowers Earnings Estimates for Sable Offshore

Sable Offshore Corp. (NYSE:SOC) – Roth Capital lowered their Q3 2025 earnings per share estimates for Sable Offshore in a research report issued on Tuesday, August 12th. Roth Capital analyst L. Mariani now forecasts 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.

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. BWS Financial reaffirmed a “sell” rating and set a $6.00 target price on shares of Sable Offshore in a research report on Tuesday, May 13th. Finally, Benchmark lifted their target price on Sable Offshore from $37.00 to $47.00 and gave the company a “buy” rating in a research report on Tuesday, May 20th. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.33.

Sable Offshore Stock Up 3.2%

Shares of NYSE:SOC opened at $29.78 on Thursday. Sable Offshore has a 12-month low of $14.63 and a 12-month high of $35.00. The business’s 50 day moving average is $25.53 and its 200 day moving average is $24.93.

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

Insiders Place Their Bets

In other Sable Offshore news, major shareholder Global Icav Pilgrim sold 167,175 shares of the business’s stock in a transaction on Friday, July 18th. The stock was sold at an average price of $21.98, for a total value of $3,674,506.50. Following the transaction, the insider owned 9,933,394 shares of the company’s stock, valued at approximately $218,336,000.12. The trade was a 1.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 36.36% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CenterBook Partners LP bought a new stake in shares of Sable Offshore in the first quarter valued at $1,499,000. Toronto Dominion Bank bought a new stake in shares of Sable Offshore in the fourth quarter valued at $344,000. FNY Investment Advisers LLC raised its stake in shares of Sable Offshore by 1,190.1% in the first quarter. FNY Investment Advisers LLC now owns 15,094 shares of the company’s stock valued at $382,000 after buying an additional 13,924 shares during the period. Encompass Capital Advisors LLC raised its stake in shares of Sable Offshore by 128.9% in the fourth quarter. Encompass Capital Advisors LLC now owns 1,400,000 shares of the company’s stock valued at $32,060,000 after buying an additional 788,495 shares during the period. Finally, California State Teachers Retirement System raised its stake in shares of Sable Offshore by 29.0% in the fourth quarter. California State Teachers Retirement System now owns 31,856 shares of the company’s stock valued at $730,000 after buying an additional 7,152 shares during the period. Hedge funds and other institutional investors own 26.19% of the company’s stock.

Sable Offshore Company Profile

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.