SOC Stock Summary and Trading Ideas (Sable Offshore Corp. | NYSE:SOC)

Sable Offshore Corp is a Houston-based independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California. The company operates as one reportable oil and gas segment and is engaged in the acquisition, development, exploration, and production of oil and natural gas.

Sable Offshore Corp. trades on the NYSE stock market under the symbol SOC.

As of April 24, 2026, SOC stock price declined to $13.58 with 1,518,705 million shares trading.

SOC has a beta of -1.18, meaning it tends to be less sensitive to market movements. SOC has a correlation of 0.01 to the broad based SPY ETF.

SOC has a market cap of $1.97 billion. This is considered a Small Cap stock.

Last quarter Sable Offshore Corp. reported $0 in Revenue and -$.39 earnings per share. This fell short of revenue expectation by $-192 million and exceeded earnings estimates by $.20.

The top ETF exchange traded funds that SOC belongs to (by Net Assets): VTI, IWM, XOP, VXF, VDE.

SOC has underperformed the market in the last year with a price return of -26.8% while the SPY ETF gained +34.7%. However, in the short term, SOC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +30.2% vs +3.8% return in SPY. But in the last 2 weeks, SOC shares have been beat by the market, returning +4.3% compared to an SPY return of +5.0%.

SOC support price is $13.43 and resistance is $15.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOC shares will trade within this expected range on the day.