Risk factor
Very high price volatility
Profitability factor
Strong growth
About
Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. It operates through three platforms located offshore California and an onshore processing facility comprised of 16 federal leases across approximately 76,000 acres. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore...
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E.
Target Price
The average target price of SOC is 21 and suggests 116% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell