Sable Offshore (NYSE:SOC) Trading Up 7.3% - Here's Why

Market Beat
2026.02.13 19:47
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Sable Offshore (NYSE:SOC) shares rose 7.3% to $8.8430, despite a significant drop in trading volume. Analysts maintain a generally positive outlook, with four buy ratings and two sell ratings. The stock has a market cap of $1.33 billion and a PE ratio of -2.81. Recent institutional investments have increased significantly, with major firms boosting their stakes. The company reported a quarterly EPS of -$1.11, missing estimates. Sable Offshore specializes in offshore oil and gas exploration and production, focusing on advanced drilling techniques and subsea infrastructure.