Added to YB: 2026-04-22
Pitch date: 2026-04-20
SOC [bullish]
Sable Offshore Corp.
+2.1%
current return
Author Info
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Company Info
Sable Offshore Corp. operates as an independent oil and gas company in the United States. The company operates through three platforms located in federal waters offshore California.
Market Cap
$1.9B
Pitch Price
$13.79
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.41
P/E
-3.14
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
SOC — Trading the White House vs. California Crossfire
SOC: White House invoked Defense Production Act to restart dormant $5B offshore oil infrastructure (3 platforms, 120mi pipeline, processing facility). Judge Geck upheld CA injunction blocking ops; SOC only -8.77% Friday vs +11.14% Thursday. Playing jurisdictional battle: buy dips on CA moves, sell rips on federal response. 646 MMboe reserves, $2.1B market cap vs $5B+ replacement cost. May 22 contempt hearing catalyst.
Read full article (15 min)