Sable Offshore Corp SOC

Morningstar Rating
$3.92 −0.22 (5.31%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SOC is trading at a LOCK|&BNb^F premium.
Price
$3.92
Fair Value
LOCK|S%tK!Vk
Uncertainty
LOCK|WQ Myx%
1-Star Price
LOCK|.#RD^@Ld
5-Star Price
LOCK|GyJr#!
Economic Moat
LOCK|H?%
Capital Allocation

News

Trading Information

Previous Close Price
$4.14
Day Range
$3.744.28
52-Week Range
$2.8832.18
Bid/Ask
$3.87 / $3.93
Shares Outstanding
191.70M
Market Cap
$751.47M
Volume/Avg
11M / 8M

Key Statistics

Price/Earnings (Normalized)
Price/Sales
376.03
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Sable Offshore Corp is a Houston-based independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California. The company operates as one reportable oil and gas segment and is engaged in the acquisition, development, exploration, and production of oil and natural gas.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Small Value
Total Number of Employees
200

Valuation

Metric
SOC
Price/Earnings (Normalized)
Price/Book Value
1.51
Price/Sales
376.03
Price/Cash Flow
Price/Earnings
SOC

Financial Strength

Metric
SOC
Quick Ratio
0.05
Current Ratio
0.08
Interest Coverage
−3.88
Quick Ratio
SOC

Profitability

Metric
SOC
Return on Assets (Normalized)
−30.12%
Return on Equity (Normalized)
−125.40%
Return on Invested Capital (Normalized)
−32.30%
Return on Assets
SOC

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