Sable Offshore Corp.

Sable Offshore Corp.

SOCยทNYSE

$13.24

-2.4%
EnergyOil & Gas Drilling

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 Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is based in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$1.32B
EPS-4.1800
P/E Ratio-3.17
Earnings Date08/11/2026
Sable Offshore Corp.

Sable Offshore Corp. Fair Value Envelope

SOC ยท NYSE

Our analysis suggests that SOC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $13.24, this represents a potential HIDDEN relative to our calculated worth for Sable Offshore Corp..

Intrinsic Value
Current Price: $13.24

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$375.0M
+ Cash & Equivalents$97.7M
Firm Value-$277.3M
- Debt$0
Equity Value-$277.3M
/ Shares Outstanding99,507,250B
DCF Value-$3
OVERVALUED BY 121%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$175.9M
-$87.9M
-$44.0M
-$22.0M
-$11.0M
-$5.5M
-$2.7M
-$1.4M
-$686.9K
-$343.5K
Maintenance CapEx
-$41.8M
-$20.9M
-$10.4M
-$5.2M
-$2.6M
-$1.3M
-$652.5K
-$326.3K
-$163.1K
-$81.6K
Owner Earnings
-$217.6M
-$108.8M
-$54.4M
-$27.2M
-$13.6M
-$6.8M
-$3.4M
-$1.7M
-$850.1K
-$425.0K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$201.5M
-$93.3M
-$43.2M
-$20.0M
-$9.3M
-$4.3M
-$2.0M
-$918.5K
-$425.2K
-$196.9K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.