After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
The company is listed on the NYSE and operates within the Oil & Gas Drilling industry segment. The current market capitalization of Sable Offshore Corp is $1.87B. A total of 2.0 million shares were traded on the day, compared to an average of 1.61M shares.
In the most recent transaction, Pilgrim Global ICAV sold 143,806 shares of SOC for 25.37 per share on Apr 17 ’25. After the transaction, the 10% Owner now owns 10,100,569 company shares. In a previous transaction on Sep 19 ’24, Pilgrim Global ICAV bought 750,000 shares at 20.00 per share. SOC shares that 10% Owner owns now total 8,791,001.
Among the insiders who bought shares, Pilgrim Global ICAV acquired of 41,000 shares on Aug 27 ’24 at a per-share price of $15.45. This resulted in the 10% Owner holding 8,041,001 shares of SOC after the transaction. In another insider transaction, Pipkin Gregory Phillip sold 82,238 shares at $14.66 per share on Jun 05 ’24. Company shares held by the Director now total 85,540.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SOC has a high of $32.33 and a low of $10.40.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SOC’s latest balance sheet shows that the firm has $322.77k in Cash & Short Term Investments as of fiscal 2021. There were $956.12k in debt and $1.23M in liabilities at the time. Its Book Value Per Share was $4.30, while its Total Shareholder’s Equity was $274.56M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SOC is Buy with a score of 4.43.
