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Date | Price Target | Rating | Analyst |
---|---|---|---|
3/27/2025 | $30.00 | Buy | ROTH MKM |
12/17/2024 | Outperform | Pickering Energy Partners | |
11/5/2024 | $30.00 | Buy | Johnson Rice |
10/8/2024 | $6.00 | Sell | BWS Financial |
8/13/2024 | $19.00 | Buy | Jefferies |
7/17/2024 | $24.00 | Buy | The Benchmark Company |
2/26/2024 | $20.00 | Outperform | TD Cowen |
Sable Offshore Corp. ("Sable," or the "Company") (NYSE:SOC) today announced its 2024 financial and operational results. 2024 Financial Highlights Reported a net loss of $617.3 million, primarily attributable to a non-cash change in fair value of warrant liabilities related to common share price and warrant price appreciation during the year, non-cash interest expense, and production restart-related operating expenses. Ended the year with 89,310,996 shares of Common Stock outstanding, after raising $773.8 million in gross equity proceeds in 2024. Concluded the year with outstanding debt of $833.5 million, inclusive of paid-in-kind interest, additional principal incurred from the debt
Today, Sable Offshore Corp. ("Sable") provided an update on the previously disclosed Center for Biological Diversity et al. v. Debra Haaland et al. lawsuit (the "Haaland lawsuit"). On December 20, 2024, the U.S. Department of Justice (in its capacity as counsel for the U.S. Bureau of Safety and Environmental Enforcement, or "BSEE") filed a motion to remand without vacatur the Haaland lawsuit to BSEE for BSEE to reconsider its 2023 decision approving an extension to resume operations on the leases for the Santa Ynez Unit. Assuming the motion is granted, Sable intends to cooperate with the government to facilitate an expeditious review and that the government's prior extensions to resume oper
Today, Sable Offshore Corp. ("Sable") provided an update on its ongoing coordination with the California Coastal Commission ("CCC" or "Commission") related to Sable's maintenance and repair work along the existing Pacific Pipeline Company Las Flores Pipelines CA-324 and CA-325. The following statement was issued by Steve Rusch, Vice President of Regulatory & Environmental Affairs at Sable: "Maintenance and repair activities that are exempt from Coastal Act permitting requirements have been conducted on the Las Flores Pipeline system under the pipeline's existing Coastal Development Permits for the last 35+ years, and Sable believes recent work on the pipelines is within the scope of those
SC 13G/A - Sable Offshore Corp. (0001831481) (Subject)
SC 13G/A - Sable Offshore Corp. (0001831481) (Subject)
SC 13G/A - Sable Offshore Corp. (0001831481) (Subject)
424B3 - Sable Offshore Corp. (0001831481) (Filer)
424B3 - Sable Offshore Corp. (0001831481) (Filer)
EFFECT - Sable Offshore Corp. (0001831481) (Filer)
ROTH MKM initiated coverage of Sable Offshore Corp. with a rating of Buy and set a new price target of $30.00
Pickering Energy Partners initiated coverage of Sable Offshore Corp. with a rating of Outperform
Johnson Rice initiated coverage of Sable Offshore Corp. with a rating of Buy and set a new price target of $30.00
4 - Sable Offshore Corp. (0001831481) (Issuer)
4 - Sable Offshore Corp. (0001831481) (Issuer)
4 - Sable Offshore Corp. (0001831481) (Issuer)
4 - Sable Offshore Corp. (0001831481) (Issuer)
4 - Sable Offshore Corp. (0001831481) (Issuer)
4 - Sable Offshore Corp. (0001831481) (Issuer)