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SOC

Sable Offshore Corp.

NYSE · Energy · Oil & Gas Drilling · US

$4.74
+0.42%
Ask drillr
Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
P/E (Fwd)
14.6x
EV/EBITDA
−7.5x
Market Cap
$909.46M
RSI (14)
49.7
1D Return
+0.42%
YTD Return
−46.84%
SummaryUpdated Jun 1, 2026

Sable Offshore Corp. (NYSE:SOC) is an oil and gas exploration and development company that emerged from a special purpose acquisition company (SPAC) structure. Originally incorporated as Flame Acquisition Corp. in 2020, the company went public in April 2021 and rebranded to Sable Offshore Corp. in February 2024. Based in Houston, Texas, Sable focuses exclusively on offshore oil and gas operations in federal waters off the coast of California, representing one of the few pure-play offshore California oil and gas investment opportunities in the public markets.

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