Sable Offshore Corp. (SOC)
Sable Offshore Statistics
Share Statistics
Sable Offshore has 89.34M shares outstanding. The number of shares has increased by 48.61% in one year.
| Shares Outstanding | 89.34M |
| Shares Change (YoY) | 48.61% |
| Shares Change (QoQ) | 0.35% |
| Owned by Institutions (%) | 80.01% |
| Shares Floating | 68.33M |
| Failed to Deliver (FTD) Shares | 93.76K |
| FTD / Avg. Volume | 5.77% |
Short Selling Information
The latest short interest is 11.4M, so 12.76% of the outstanding shares have been sold short.
| Short Interest | 11.4M |
| Short % of Shares Out | 12.76% |
| Short % of Float | 21.03% |
| Short Ratio (days to cover) | 4.91 |
Valuation Ratios
The PE ratio is -2.49 and the forward PE ratio is 8.29. Sable Offshore's PEG ratio is -0.01.
| PE Ratio | -2.49 |
| Forward PE | 8.29 |
| PS Ratio | 0 |
| Forward PS | 1.5 |
| PB Ratio | 3.99 |
| P/FCF Ratio | -6.52 |
| PEG Ratio | -0.01 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Sable Offshore.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.94, with a Debt / Equity ratio of 2.17.
| Current Ratio | 2.94 |
| Quick Ratio | 2.94 |
| Debt / Equity | 2.17 |
| Debt / EBITDA | -1.54 |
| Debt / FCF | -3.54 |
| Interest Coverage | -4.85 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $0 |
| Profits Per Employee | $-3.83M |
| Employee Count | 161 |
| Asset Turnover | 0 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -48K |
| Effective Tax Rate | 0.01% |
Stock Price Statistics
The stock price has increased by 91.41% in the last 52 weeks. The beta is 0.39, so Sable Offshore's price volatility has been higher than the market average.
| Beta | 0.39 |
| 52-Week Price Change | 91.41% |
| 50-Day Moving Average | 23.24 |
| 200-Day Moving Average | 21.84 |
| Relative Strength Index (RSI) | 46.81 |
| Average Volume (20 Days) | 1.63M |
Income Statement
| Revenue | n/a |
| Gross Profit | -87.88M |
| Operating Income | -326.75M |
| Net Income | -617.28M |
| EBITDA | -540.28M |
| EBIT | -550.01M |
| Earnings Per Share (EPS) | -9.2 |
Balance Sheet
The company has 300.38M in cash and 833.54M in debt, giving a net cash position of -533.16M.
| Cash & Cash Equivalents | 300.38M |
| Total Debt | 833.54M |
| Net Cash | -533.16M |
| Retained Earnings | -698.3M |
| Total Assets | 1.58B |
| Working Capital | 234.6M |
Cash Flow
In the last 12 months, operating cash flow was -162.97M and capital expenditures -72.3M, giving a free cash flow of -235.27M.
| Operating Cash Flow | -162.97M |
| Capital Expenditures | -72.3M |
| Free Cash Flow | -235.27M |
| FCF Per Share | -3.51 |
Margins
| Gross Margin | n/a |
| Operating Margin | n/a |
| Pretax Margin | n/a |
| Profit Margin | n/a |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | n/a |
Dividends & Yields
SOC does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for SOC is $32, which is 59.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $32 |
| Price Target Difference | 59.5% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 0.31 |
| Piotroski F-Score | 5 |