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Fri, Nov

Here is Why Sable Offshore (SOC) Fell to a New Low This Week

Here is Why Sable Offshore (SOC) Fell to a New Low This Week

Financial News
Here is Why Sable Offshore (SOC) Fell to a New Low This Week

The share price of Sable Offshore Corp. (NYSE:SOC) fell by 36.38% between November 11 and November 18, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Here is Why Sable Offshore (SOC) Fell to a New Low This Week
Here is Why Sable Offshore (SOC) Fell to a New Low This Week

Sable Offshore Corp. (NYSE:SOC) is an independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California.

Sable Offshore Corp. (NYSE:SOC) dipped to an all-time low after posting results for its third quarter on November 13, with its loss per share of $1.46 falling below estimates by $0.60. The company reported a net loss of $110.4 million, primarily due to production restart-related operating expenses and non-cash interest expense. Moreover, Sable ended the quarter with a cash and cash equivalents balance of $41.6 million, while its short-term outstanding debt stood at $896.6 million, including paid-in-kind interest.

Sable Offshore Corp. (NYSE:SOC) has also attracted negative attention from analysts recently, with Roth Capital lowering the stock’s price target from $26 to $22 on November 10. However, the analyst still maintained a ‘Buy’ rating on the shares. Then, on November 11, Jefferies nearly halved its price target on SOC from $38 to $20, but still kept its ‘Buy’ rating.

Following the recent downturn, the share price of Sable Offshore Corp. (NYSE:SOC) has fallen by over 80% since the beginning of 2025.

While we acknowledge the potential of SOC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Renewable Energy Dividend Stocks to Buy Now and 11 Best High Yield Energy Stocks to Buy Now.

Disclosure: None.

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Original Source At Yahoo Finance

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Original Source At Yahoo Finance

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