Sable Offshore (NYSE:SOC) vs. ENI (NYSE:E) Financial Contrast

ENI (NYSE:E) and Sable Offshore (NYSE:SOC) are both oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, earnings, dividends, profitability, valuation, analyst recommendations and institutional ownership.

Insider and Institutional Ownership

1.2% of ENI shares are held by institutional investors. Comparatively, 26.2% of Sable Offshore shares are held by institutional investors. 0.0% of ENI shares are held by company insiders. Comparatively, 14.3% of Sable Offshore shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares ENI and Sable Offshore’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ENI	4.21%	11.84%	4.53%
Sable Offshore	N/A	-451.70%	-51.62%

Analyst Ratings

This is a summary of current recommendations for ENI and Sable Offshore, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ENI	0	3	4	0	2.57
Sable Offshore	0	0	3	0	3.00

ENI presently has a consensus price target of $39.60, indicating a potential upside of 27.91%. Sable Offshore has a consensus price target of $25.33, indicating a potential upside of 12.39%. Given ENI’s higher possible upside, equities analysts plainly believe ENI is more favorable than Sable Offshore.

Earnings and Valuation

This table compares ENI and Sable Offshore”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ENI	$91.59 billion	0.57	$5.16 billion	$2.32	13.34
Sable Offshore	N/A	N/A	-$32.18 million	N/A	N/A

ENI has higher revenue and earnings than Sable Offshore.

Risk and Volatility

ENI has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500. Comparatively, Sable Offshore has a beta of 0.26, indicating that its stock price is 74% less volatile than the S&P 500.

Summary

ENI beats Sable Offshore on 8 of the 11 factors compared between the two stocks.

About ENI

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipeline; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and mobility services. Further, it engages in the retail marketing of gas, electricity, and related services; production and wholesale sale of electricity from thermoelectric and renewable plants; and provision of services for E-mobility. The company was founded in 1953 and is headquartered in Rome, Italy.

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. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is based in Houston, Texas.