Sable Offshore (NYSE:SOC) versus Prairie Operating (NASDAQ:PROP) Financial Review

Sable Offshore (NYSE:SOC) and Prairie Operating (NASDAQ:PROP) are both energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, earnings, dividends, profitability, valuation and risk.

Valuation and Earnings

This table compares Sable Offshore and Prairie Operating”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Sable Offshore	N/A	N/A	-$629.07 million	N/A	N/A
Prairie Operating	$88.85 million	1.20	-$40.91 million	($3.00)	-0.71

Prairie Operating has higher revenue and earnings than Sable Offshore.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Sable Offshore	N/A	-88.48%	-17.69%
Prairie Operating	N/A	21.04%	2.69%

Volatility and Risk

Sable Offshore has a beta of 0.6, suggesting that its stock price is 40% less volatile than the S&P 500. Comparatively, Prairie Operating has a beta of 2.15, suggesting that its stock price is 115% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Sable Offshore and Prairie Operating, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sable Offshore	1	0	6	0	2.71
Prairie Operating	0	2	3	0	2.60

Sable Offshore currently has a consensus target price of $30.00, indicating a potential upside of 29.70%. Prairie Operating has a consensus target price of $8.50, indicating a potential upside of 300.94%. Given Prairie Operating’s higher possible upside, analysts clearly believe Prairie Operating is more favorable than Sable Offshore.

Institutional and Insider Ownership

26.2% of Sable Offshore shares are held by institutional investors. Comparatively, 34.3% of Prairie Operating shares are held by institutional investors. 36.4% of Sable Offshore shares are held by insiders. Comparatively, 15.4% of Prairie Operating shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Prairie Operating beats Sable Offshore on 7 of the 10 factors compared between the two stocks.

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.

About Prairie Operating

Prairie Operating Co., an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co. is based in Houston Texas.