Sable Offshore Corp SOC

Morningstar Rating
$24.48 −0.91 (3.58%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SOC is trading at a 138% premium.
Price
$24.58
Fair Value
$13.43
Uncertainty
Extreme
1-Star Price
$74.78
5-Star Price
$2.93
Economic Moat
Mbns
Capital Allocation

News

Trading Information

Previous Close Price
$25.39
Day Range
$24.3426.35
52-Week Range
$10.1128.67
Bid/Ask
$24.25 / $26.30
Market Cap
$1.78 Bil
Volume/Avg
988,318 / 817,787

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
12.95%

Company Profile

Sable Offshore Corp is a Houston-based independent upstream company focused on responsibly developing the prolific Santa Ynez Unit in federal waters offshore California.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Small Value
Total Number of Employees
106

Comparables

Valuation

Metric
SOC
REPX
HPK
Price/Earnings (Normalized)
4.809.26
Price/Book Value
13.011.251.23
Price/Sales
1.371.62
Price/Cash Flow
2.422.41
Price/Earnings
SOC
REPX
HPK

Financial Strength

Metric
SOC
REPX
HPK
Quick Ratio
1.830.540.88
Current Ratio
2.730.630.93
Interest Coverage
4.692.39
Quick Ratio
SOC
REPX
HPK

Profitability

Metric
SOC
REPX
HPK
Return on Assets (Normalized)
−9.08%13.34%7.66%
Return on Equity (Normalized)
−11.90%30.12%15.53%
Return on Invested Capital (Normalized)
−15.16%19.51%13.26%
Return on Assets
SOC
REPX
HPK

Oil & Gas Drilling Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Transocean Ltd
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PlbxplklLjr$4.1 Bil
Helmerich & Payne Inc
HP
TzxwfgyqRfhr$3.4 Bil
Patterson-UTI Energy Inc
PTEN
ZxmnSxvh$3.3 Bil
Seadrill Ltd
SDRL
Gvsqt$2.6 Bil
Borr Drilling Ltd
BORR
Wry$1.4 Bil
Odfjell Drilling Ltd
ODFJF
Tjpk$1.2 Bil
Precision Drilling Corp
PDS
CvgfwlhDpv$915.3 Mil

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