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 November 9, 2026, SOC stock price declined to $0.88 with 212,761,685 million shares trading.

SOC has a beta of -0.73, meaning it tends to be less sensitive to market movements. SOC has a correlation of 0.00 to the broad based SPY ETF.

SOC has a market cap of $168.72 million. This is considered a Micro Cap stock.

Last quarter Sable Offshore Corp. reported $137 million in Revenue and -$.42 earnings per share. This fell short of revenue expectation by $-100 million and missed earnings estimates by -$.74.

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

SOC has underperformed the market in the last year with a price return of -81.8% while the SPY ETF gained +13.4%. SOC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -81.6% and -73.0%, respectively, while the SPY returned -1.8% and -1.0%, respectively.

SOC support price is $1.80 and resistance is $2.06 (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.