Benchmark Reiterates “Hold” Rating for Sable Offshore (NYSE:SOC)

Sable Offshore (NYSE:SOC)‘s stock had its “hold” rating restated by research analysts at Benchmark in a research note issued to investors on Thursday, MarketBeat Ratings reports.

Other research analysts have also issued reports about the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sable Offshore in a research note on Tuesday, January 27th. Roth Mkm reiterated a “buy” rating on shares of Sable Offshore in a research note on Wednesday, December 24th. Jefferies Financial Group reissued a “buy” rating on shares of Sable Offshore in a report on Monday, December 29th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Sable Offshore in a report on Thursday, December 18th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $19.00.

Sable Offshore Stock Performance

Sable Offshore stock opened at $14.38 on Thursday. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of -3.42 and a beta of 0.43. Sable Offshore has a 52-week low of $3.72 and a 52-week high of $35.00. The firm has a 50 day moving average price of $9.69 and a two-hundred day moving average price of $12.64.

Sable Offshore (NYSE:SOC) last posted its earnings results on Friday, February 27th. The company reported ($0.39) earnings per share for the quarter, topping the consensus estimate of ($0.59) by $0.20. The business had revenue of $1.00 million during the quarter, compared to analysts’ expectations of $0.50 million. As a group, equities research analysts predict that Sable Offshore will post -6.39 EPS for the current fiscal year.

Institutional Trading of Sable Offshore

Institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Sable Offshore by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,991 shares of the company’s stock valued at $761,000 after acquiring an additional 1,271 shares during the last quarter. NewEdge Advisors LLC lifted its position in Sable Offshore by 36.2% during the first quarter. NewEdge Advisors LLC now owns 2,448 shares of the company’s stock valued at $62,000 after purchasing an additional 650 shares during the last quarter. CWM LLC grew its stake in Sable Offshore by 1,262.8% in the 2nd quarter. CWM LLC now owns 1,867 shares of the company’s stock worth $41,000 after buying an additional 1,730 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Sable Offshore in the 2nd quarter worth $433,000. Finally, Pekin Hardy Strauss Inc. raised its position in shares of Sable Offshore by 24.6% during the 2nd quarter. Pekin Hardy Strauss Inc. now owns 34,240 shares of the company’s stock valued at $753,000 after buying an additional 6,750 shares in the last quarter. Hedge funds and other institutional investors own 26.19% of the company’s stock.

Key Stories Impacting Sable Offshore

Here are the key news stories impacting Sable Offshore this week:

• Positive Sentiment: DOJ legal opinion lifts restart prospects — reporting indicates a DOJ opinion narrowed federal legal obstacles to restarting the pipeline, rekindling hopes for resumed production and clearer revenue visibility; that news is the primary catalyst for the intraday rally. Sable (SOC) Soars 37% on Renewed Hopes for California Pipeline
• Positive Sentiment: Heavy call buying — unusual options activity saw ~41,549 call contracts bought (≈86% above typical daily call volume), signaling speculative or hedged bullish positioning by traders expecting further upside.
• Positive Sentiment: Strategic investor support — FourWorld publicly backed Sable amid the legal debate, providing funding/credibility that may ease refinancing or operational restart plans and reduce near‑term capital‑risk concerns. FourWorld Backs Sable Offshore As Legal Risks Weigh On Pipeline Restart
• Neutral Sentiment: Analyst/action note — Benchmark (and other outlets) has been active on coverage; one report references a hold rating reaffirmation, which suggests analysts remain cautious even as legal clarity improves. Benchmark hold coverage
• Negative Sentiment: Analyst downgrade reported — at least one outlet reports Benchmark downgraded Sable, which could limit upside from analyst desks and weigh on some institutional buyers. Benchmark downgrades Sable Offshore (SOC)
• Negative Sentiment: Worsening 2025 fundamentals — reporting on deeper 2025 losses and ongoing negative EPS expectations underscores that, even if operations resume, the company faces material near‑term profitability and cash‑flow challenges that could limit sustainable upside. What Sable Offshore (SOC)’s Deeper 2025 Losses And FourWorld’s Big Bet Mean For Shareholders

Sable Offshore Company Profile

Sable Offshore (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services.