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Sable Offshore Corp.

NYSE:SOC
US$3.67Close 7 Oct 2026 · delayed

Past year: ▼ 65%(3.08 – 16.52 USD)

Market cap
A$996m
Shares on issue
192m
In-ground value
A$1.69bn
Risked multiple
0.85×
Story beats
20 since 2021
Last event
2 July 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

13 Aug 2026substantial holder notice● Neutral

Morgan Stanley disclosed a new substantial Sable Offshore Corp. shareholding (7.90% of votes).

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12 Aug 2026substantial holder notice● Neutral

Capital International Investors reported a Sable Offshore Corp. shareholding of 4.00% of votes in a periodic institutional filing.

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10 Aug 2026quarterly activities report▼ Bad

Sable Offshore Corp. reported quarterly revenue of $137.1 million and a net loss of $64.2 million for the period ended 2026-06-30.

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10 Aug 2026quarterly activities report▼ Bad

Sable Offshore Corp. reported quarterly revenue of $137.1 million and a net loss of $64.2 million for the period ended 2026-06-30.

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7 Aug 2026substantial holder notice● Neutral

STATE STREET CORPORATION disclosed a new substantial Sable Offshore Corp. shareholding (5.10% of votes).

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13 July 2026auditor change▼ Bad

Sable changed auditors from Ham, Langston and Brezina to CohnReznick after CohnReznick acquired HL&B's business -- a routine accounting-industry consolidation, not a dismissal for cause. The filing notes HL&B's prior audit opinions (fiscal 2023-2025) included a going-concern explanatory paragraph.

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2 July 2026securities registration● Neutral

Sable Offshore Corp. filed a prospectus supplement for an offering off its existing shelf.

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2 July 2026securities registration● Neutral

Sable Offshore Corp. filed a prospectus supplement for an offering off its existing shelf.

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2 July 2026debt financing▲ GoodMajor

Sable refinanced its way out of the expensive Exxon loan: it issued $345 million of 6.5% convertible notes due 2031 (convertible at roughly $4.00/share, reflecting how far the stock has fallen from its original $10 SPAC/PIPE price) and combined that with a concurrent stock offering and a new Term Loan B to fully repay the Exxon secured term loan.

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1 July 2026securities registration● Neutral

Sable Offshore Corp. filed a prospectus supplement for an offering off its existing shelf.

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1 July 2026securities registration● Neutral

Sable Offshore Corp. filed a prospectus supplement for an offering off its existing shelf.

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30 June 2026securities registration● Neutral

Sable Offshore Corp. filed a prospectus supplement for an offering off its existing shelf.

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30 June 2026securities registration● Neutral

Sable Offshore Corp. filed a prospectus supplement for an offering off its existing shelf.

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22 June 2026material agreement▼ BadMajor

With the Exxon term loan still outstanding and production apparently still not restarted, Sable and Exxon extended the loan again -- this time by only about a month, to July 24, 2026 -- for a $30 million fee, while Exxon temporarily waived Sable's minimum-liquidity covenant. The filing signals a permanent refinancing was being arranged before the new deadline.

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10 June 2026agm notice● Neutral

Sable Offshore Corp. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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15 May 2026substantial holder notice● Neutral

Alyeska Investment Group, L.P. reported a Sable Offshore Corp. shareholding of 1.83% of votes in a periodic institutional filing.

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14 May 2026substantial holder notice● Neutral

Capital International Investors reported a Sable Offshore Corp. shareholding of 5.10% of votes in a periodic institutional filing.

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14 May 2026substantial holder notice● Neutral

CONTINENTAL GENERAL INSURANCE CO reported a Sable Offshore Corp. shareholding of 9.30% of votes in a periodic institutional filing.

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8 May 2026director interest notice● Neutral

Sable Offshore Corp. director Pipkin Gregory Phillip received 50,000 shares as part of the equity award.

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8 May 2026director interest notice● Neutral

Sable Offshore Corp. director Dillard Michael E. received 50,000 shares as part of the equity award.

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8 May 2026director interest notice● Neutral

Sable Offshore Corp. director Sarofim Christopher Binyon received 25,000 shares as part of the equity award.

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6 May 2026quarterly activities report▼ Bad

Sable Offshore Corp. reported quarterly revenue of $137.1 million and a net loss of $64.2 million for the period ended 2026-06-30.

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6 May 2026quarterly activities report▼ Bad

Sable Offshore Corp. reported quarterly revenue of $137.1 million and a net loss of $64.2 million for the period ended 2026-06-30.

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30 Apr 2026director interest notice● Neutral

Sable Offshore Corp. officer Duenner Anthony exercised stock options for 200,000 shares and disposed of 280,055 shares.

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30 Apr 2026director interest notice● Neutral

Sable Offshore Corp. EVP, CFO Patrinely Gregory D. exercised stock options for 200,000 shares and disposed of 280,054 shares.

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30 Apr 2026director interest notice● Neutral

Sable Offshore Corp. President, COO Flores James Caldwell exercised stock options for 200,000 shares and disposed of 280,054 shares.

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30 Apr 2026director interest notice● Neutral

Sable Offshore Corp. Chairman & CEO James C Flores exercised stock options for 350,000 shares and disposed of 490,089 shares.

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27 Apr 2026substantial holder notice● Neutral

BlackRock, Inc. disclosed a new substantial Sable Offshore Corp. shareholding (6.20% of votes).

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2 Apr 2026director interest notice● Neutral

Sable Offshore Corp. officer Duenner Anthony sold 279,081 shares at $16.69.

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2 Apr 2026director interest notice● Neutral

Sable Offshore Corp. EVP, CFO Patrinely Gregory D. sold 279,081 shares at $16.69.

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