Head-To-Head Review: Sable Offshore (SOC) and The Competition

Sable Offshore (NYSE:SOC) is one of 20 publicly-traded companies in the “OIL – US INTEGRTD” industry, but how does it compare to its rivals? We will compare Sable Offshore to related businesses based on the strength of its earnings, risk, analyst recommendations, valuation, institutional ownership, dividends and profitability.

Institutional and Insider Ownership

26.2% of Sable Offshore shares are held by institutional investors. Comparatively, 60.8% of shares of all “OIL – US INTEGRTD” companies are held by institutional investors. 36.4% of Sable Offshore shares are held by insiders. Comparatively, 7.2% of shares of all “OIL – US INTEGRTD” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Sable Offshore and its rivals’ 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%
Sable Offshore Competitors	22.63%	11.93%	6.34%

Valuation and Earnings

This table compares Sable Offshore and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Sable Offshore	N/A	-$629.07 million	-3.91
Sable Offshore Competitors	$6.46 billion	$947.96 million	25.83

Sable Offshore’s rivals have higher revenue and earnings than Sable Offshore. Sable Offshore is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current ratings and target prices for Sable Offshore and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sable Offshore	2	0	6	0	2.50
Sable Offshore Competitors	392	1789	1969	83	2.41

Sable Offshore currently has a consensus price target of $28.20, indicating a potential upside of 112.67%. As a group, “OIL – US INTEGRTD” companies have a potential upside of 17.27%. Given Sable Offshore’s stronger consensus rating and higher probable upside, research analysts plainly believe Sable Offshore is more favorable than its rivals.

Risk and Volatility

Sable Offshore has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500. Comparatively, Sable Offshore’s rivals have a beta of 12.80, meaning that their average stock price is 1,180% more volatile than the S&P 500.

Summary

Sable Offshore rivals beat Sable Offshore on 9 of the 13 factors compared.

Sable Offshore Company Profile

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.