Sable Offshore (SOC) Expected to Announce Quarterly Earnings on Monday

Sable Offshore (NYSE:SOC) is expected to issue its Q3 2026 results before the market opens on Monday, November 9th. Analysts expect the company to post earnings of ($0.1591) per share and revenue of $157.47 million for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Monday, November 9, 2026 at 11:00 AM ET.

Sable Offshore (NYSE:SOC) last released its earnings results on Monday, August 10th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.79). The firm had revenue of $137.13 million during the quarter, compared to analyst estimates of $237.65 million. On average, analysts expect Sable Offshore to post ($2.20) EPS for the current fiscal year and $0.81 EPS for the next fiscal year.

Sable Offshore Price Performance

Sable Offshore stock traded down $0.14 during midday trading on Monday, reaching $2.60. The company’s stock had a trading volume of 1,043,835 shares, compared to its average volume of 7,567,707. The stock’s 50 day simple moving average is $4.00 and its 200 day simple moving average is $8.81. The firm has a market capitalization of $499.82 million, a PE ratio of -0.79 and a beta of -0.13. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.18 and a current ratio of 0.24. Sable Offshore has a fifty-two week low of $2.56 and a fifty-two week high of $19.25.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SOC shares. Jefferies Financial Group set a $9.00 target price on shares of Sable Offshore in a research note on Wednesday, August 12th. William Blair began coverage on Sable Offshore in a research report on Monday, October 5th. They set an “outperform” rating on the stock. Stifel Nicolaus initiated coverage on Sable Offshore in a research note on Thursday, September 10th. They issued a “buy” rating and a $8.00 price objective on the stock. Roth Capital decreased their target price on shares of Sable Offshore from $11.00 to $10.00 and set a “buy” rating on the stock in a research report on Wednesday, September 30th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Sable Offshore in a research report on Friday, October 2nd. They set an “overweight” rating and a $10.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $11.40.

Sable Offshore Company Profile

Sable Offshore Corp. is an independent energy company focused on developing and operating oil and natural gas assets offshore California. Its principal asset is the Santa Ynez Unit, a mature offshore field in the Santa Barbara Channel that includes offshore production platforms, subsea infrastructure, pipelines and the Las Flores Canyon processing facility onshore.

The company’s operations are designed to produce and process crude oil, natural gas and associated hydrocarbons from the Santa Ynez Unit.