Sable Offshore Corp. SOC
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Sable Offshore Corp. (SOC) Business Model and Operations Summary
Sable Offshore Corp is a Houston-based independent upstream company focused on responsibly developing the prolific Santa Ynez Unit in federal waters offshore California. The company is managed as one reportable segment, oil and gas.
Key Insights
Sable Offshore Corp. (SOC) Core Market Data and Business Metrics
Latest Closing Price
$25.61Market Cap
$2.28 BillionTotal Outstanding Shares
89.41 Million SharesTotal Employees
161Dividend
No dividendIPO Date
April 19, 2021SIC Description
Crude Petroleum & Natural GasPrimary Exchange
New York Stock ExchangeHeadquarters
845 Texas Avenue, Houston, TX, 77002
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $744.13 Million |
| Net Cash Flow From Operating Activities | $-185.44 Million |
| Net Cash Flow From Operating Activities, Continuing | $-185.44 Million |
| Net Cash Flow From Investing Activities | $-276.25 Million |
| Net Cash Flow From Financing Activities, Continuing | $744.13 Million |
| Net Cash Flow, Continuing | $282.44 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Operating Income/Loss | $-338.41 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Net Income/Loss | $-629.07 Million |
| Income Tax Expense/Benefit | $-48,000 |
| Revenues | $0 |
| Nonoperating Income/Loss | $-290.70 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss | $-629.07 Million |
| Comprehensive Income/Loss Attributable To Parent | $-629.07 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Assets | $1.23 Billion |
| Liabilities | $1.20 Billion |
| Other Non-current Liabilities | $244.77 Million |
| Liabilities And Equity | $1.58 Billion |
| Assets | $1.58 Billion |
| Current Liabilities | $120.67 Million |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||