Sable Offshore Corp. (SOC:NYSE) closed at $3.16 on October 20, 2026, down 0.94% on the day. The stock trades 83.6% below its 52-week high of $19.25 and 9.7% above its 52-week low of $2.88. Over the past year, it lost 73.3%. Sable Offshore Corp. is part of the Energy sector.
In 252 trading sessions since October 20, 2025, SOC closed higher on 114 days (45%). Its best day was December 18, 2025 (+56.25%) and its worst was June 30, 2026 (-55.81%). The stock moved 10% or more in a single session 35 times. It opened at least 5% above the previous day's high 5 times.
Sable Offshore Corp., formerly Flame Acquisition Corp, is focused on interests in certain oil and gas properties located offshore in the Santa Ynez Unit (SYU). SYU consists of three offshore platforms and a wholly owned onshore processing facility located along the Gaviota Coast at Las Flores Canyon in Santa Barbara County, California. The offshore position comprises 16 federal leases across approximately 76,000 acres. The Company¿s Hondo platform and the Harmony platform develop the Hondo Field, and the Heritage platform develops the Pescado and Sacate Fields. The platforms are located five to nine miles offshore of Santa Barbara County in shallow water depths of 900 to 1,200 feet and service 112 wells, comprised of 90 producers, 12 injectors and 10 idle with an additional 102 identified, undrilled opportunities. The onshore facilities occupy approximately 35 acres and are comprised of an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.
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