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Sable Offshore Corp SOC

Morningstar Rating
$15.67 +0.27 (1.75%)
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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 251% premium.
Price
$15.75
Fair Value
$93.98
Uncertainty
Very High
1-Star Price
$51.65
5-Star Price
$4.36
Economic Moat
Ppqrp
Capital Allocation
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News

Trading Information

Previous Close Price
$15.40
Day Range
$15.1715.67
52-Week Range
$10.1115.80
Bid/Ask
$13.75 / $19.81
Market Cap
$942.81 Mil
Volume/Avg
642,552 / 453,298

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
24.41%

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
GRNT
TXO
Price/Earnings (Normalized)
8.9215.94
Price/Book Value
3.561.251.37
Price/Sales
2.182.21
Price/Cash Flow
2.946.82
Price/Earnings
SOC
GRNT
TXO

Financial Strength

Metric
SOC
GRNT
TXO
Quick Ratio
2.562.180.89
Current Ratio
2.802.551.36
Interest Coverage
10.71−43.95
Quick Ratio
SOC
GRNT
TXO

Profitability

Metric
SOC
GRNT
TXO
Return on Assets (Normalized)
−9.08%10.45%5.22%
Return on Equity (Normalized)
−11.90%14.42%7.08%
Return on Invested Capital (Normalized)
−15.16%13.66%7.40%
Return on Assets
SOC
GRNT
TXO
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Oil & Gas Drilling Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Noble Corp PLC Class A
NE
Nbkw$6.4 Bil
Patterson-UTI Energy Inc
PTEN
MbsxkWhjx$4.0 Bil
Sinopec Oilfield Service Corp Class H
YZCFF
Kzvn$3.6 Bil
Helmerich & Payne Inc
HP
XfkxpzcnMtdj$3.5 Bil
Seadrill Ltd
SDRL
Lylgn$3.5 Bil
Borr Drilling Ltd
BORR
Fxsx$1.6 Bil
Diamond Offshore Drilling Inc
DO
Pzwc$1.6 Bil
Odfjell Drilling Ltd
ODFJF
Cmjxn$1.3 Bil
Precision Drilling Corp
PDS
TxgnzcrNwy$1.0 Bil

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