SOC
Price:
$10.88
Market Cap:
$1.08B
Sable Offshore Corp. (SOC) specializes in the exploration and production of oil and natural gas across the United States. The company's operational assets include three offshore platforms located off the California coast, along with an onshore processing facility. These operations are supported by 16 federal leases that encompass approximately 76,000 acres. Established in 2020, the firm was previously known as Flame Acquisition Corp. before officially adopting the name Sable Offshore Corp. in February 2024. Its corporate headquarters are situated in Houston, Texas.
Industry
Oil & Gas Drilling
IPO Date
2021-04-19
Stock Exchange
NYSE
Ticker
SOC
According to Sable Offshore Corp.’s latest financial reports and current stock price. The company's current ROE is -113.76%. This represents a change of 283.05% compared to the average of -29.70% of the last 4 quarters.
The mean historical ROE of Sable Offshore Corp. over the last ten years is -45.77%. The current -113.76% ROE has changed 148.53% with respect to the historical average. Over the past ten years (40 quarters), SOC's ROE was at its highest in in the June 2023 quarter at 144.00%. The ROE was at its lowest in in the December 2023 quarter at -316.27%.
Average
-45.77%
Median
-17.36%
Minimum
-163.74%
Maximum
1.56%
Discovering the peaks and valleys of Sable Offshore Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.80%
Maximum Annual ROE = 1.56%
Minimum Annual Increase = -161.20%
Minimum Annual ROE = -163.74%
| Year | ROE | Change |
|---|---|---|
| 2025 | -76.77% | -53.12% |
| 2024 | -163.74% | 492.61% |
| 2023 | -27.63% | 2.80% |
| 2022 | -0.95% | -161.20% |
| 2021 | 1.56% | -121.92% |
The current ROE of Sable Offshore Corp. (SOC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-89.38%
5-year avg
-53.51%
10-year avg
-45.77%
Sable Offshore Corp.’s ROE is greater than Kosmos Energy Ltd. (-110.09%), less than Nabors Industries Ltd. (40.63%), less than Tsakos Energy Navigation Limited (4.77%), less than Borr Drilling Limited (3.14%), greater than Clean Energy Fuels Corp. (-17.35%), greater than TXO Partners, L.P. (-12.17%), greater than NGL Energy Partners LP (-36.85%), less than Precision Drilling Corporation (-0.94%), greater than Granite Ridge Resources, Inc (-5.33%),
| Company | ROE | Market cap |
|---|---|---|
| -110.09% | $1.39B | |
| 40.63% | $1.50B | |
| 4.77% | $539.36M | |
| 3.14% | $1.20B | |
| -17.35% | $420.63M | |
| -12.17% | $727.54M | |
| -36.85% | $2.06B | |
| -0.94% | $1.24B | |
| -5.33% | $648.93M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Sable Offshore Corp. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Sable Offshore Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Sable Offshore Corp.'s ROE?
How is the ROE calculated for Sable Offshore Corp. (SOC)?
What is the highest ROE for Sable Offshore Corp. (SOC)?
What is the 3-year average ROE for Sable Offshore Corp. (SOC)?
What is the 5-year average ROE for Sable Offshore Corp. (SOC)?
How does the current ROE for Sable Offshore Corp. (SOC) compare to its historical average?