Sable Offshore Corp (NYSE:SOC)’s traded shares stood at 1.36 million during the last session, with the company’s beta value hitting 0.66. At the close of trading, the stock’s price was $22.96, to imply a decrease of -0.04% or -$0.01 in intraday trading. The SOC share’s 52-week high remains $35.00, putting it -52.44% down since that peak but still an impressive 40.51% since price per share fell to its 52-week low of $13.66. The company has a valuation of $2.25B, with an average of 2.93 million shares in intraday trading volume over the past 10 days and average of 2.25 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Sable Offshore Corp (SOC), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give SOC a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy.
Sable Offshore Corp (NYSE:SOC) trade information
After registering a -0.04% downside in the last session, Sable Offshore Corp (SOC) has traded red over the past five days. The 5-day price performance for the stock is -1.08%, and -18.18% over 30 days. With these gigs, the year-to-date price performance is 0.26%. Short interest in Sable Offshore Corp (NYSE:SOC) saw shorts transact 10.15 million shares and set a 3.4 days time to cover.
The extremes give us $37 and $37 for target low and target high price respectively. As such, SOC has been trading -61.15% off suggested target high and -61.15% from its likely low.
SOC Dividends
Sable Offshore Corp has its next earnings report out on 2025-May-08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Sable Offshore Corp (NYSE:SOC)’s Major holders
Sable Offshore Corp insiders hold 21.91% of total outstanding shares, with institutional holders owning 54.90% of the shares at 70.31% float percentage. In total, 54.90% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 9.02 million shares (or 14.9999% of shares), all amounting to roughly $136.01 million.
The next major institution holding the largest number of shares is PILGRIM GLOBAL ADVISORS LLC with 8.0 million shares, or about 13.2965% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $120.56 million.
We also have Fidelity Contrafund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Sable Offshore Corp (SOC) shares. Going by data provided on Mar 31, 2025 , Fidelity Contrafund holds roughly 4.37 shares. This is just over 4.89% of the total shares, with a market valuation of $100.29 million. Data from the same date shows that the other fund manager holds a little less at 2.13, or 2.38% of the shares, all valued at about 48.83 million.
