Recent Research Analysts’ Ratings Changes for Sable Offshore (SOC)

A number of research firms have changed their ratings and price targets for Sable Offshore (NYSE: SOC):

• 3/27/2025 – Sable Offshore was upgraded by analysts at Roth Capital to a “strong-buy” rating.
• 3/27/2025 – Sable Offshore is now covered by analysts at Roth Mkm. They set a “buy” rating and a $30.00 price target on the stock.
• 3/18/2025 – Sable Offshore had its “buy” rating reaffirmed by analysts at Benchmark Co..
• 3/18/2025 – Sable Offshore had its “sell” rating reaffirmed by analysts at BWS Financial. They now have a $6.00 price target on the stock.
• 2/20/2025 – Sable Offshore had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $37.00 price target on the stock.

Sable Offshore Trading Up 0.8 %

Sable Offshore stock opened at $25.59 on Wednesday. The stock’s 50 day moving average is $26.13 and its 200-day moving average is $23.81. The company has a quick ratio of 3.34, a current ratio of 3.50 and a debt-to-equity ratio of 4.86. Sable Offshore Corp. has a 12 month low of $10.11 and a 12 month high of $32.33.

Institutional Investors Weigh In On Sable Offshore

A number of large investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its position in Sable Offshore by 29.0% during the fourth quarter. California State Teachers Retirement System now owns 31,856 shares of the company’s stock worth $730,000 after purchasing an additional 7,152 shares during the period. Toronto Dominion Bank acquired a new stake in shares of Sable Offshore in the 4th quarter valued at $344,000. GF Fund Management CO. LTD. bought a new position in shares of Sable Offshore in the 4th quarter valued at $451,000. Two Seas Capital LP bought a new stake in shares of Sable Offshore during the 4th quarter worth $3,630,000. Finally, Rafferty Asset Management LLC boosted its stake in shares of Sable Offshore by 377.5% in the 4th quarter. Rafferty Asset Management LLC now owns 119,765 shares of the company’s stock valued at $2,743,000 after purchasing an additional 94,684 shares in the last quarter. Institutional investors and hedge funds own 26.19% of the company’s stock.

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.