HUB Investment Partners LLC Buys Shares of 95,000 Sable Offshore Corp. $SOC

HUB Investment Partners LLC purchased a new position in Sable Offshore Corp. (NYSE:SOC) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 95,000 shares of the company’s stock, valued at approximately $1,659,000.

Several other institutional investors have also made changes to their positions in the stock. Encompass Capital Advisors LLC grew its position in Sable Offshore by 83.8% during the second quarter. Encompass Capital Advisors LLC now owns 4,952,023 shares of the company’s stock valued at $108,845,000 after purchasing an additional 2,257,069 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Sable Offshore by 2.4% in the third quarter. Vanguard Group Inc. now owns 4,581,958 shares of the company’s stock worth $80,001,000 after acquiring an additional 108,504 shares during the last quarter. State Street Corp raised its holdings in shares of Sable Offshore by 16.1% during the second quarter. State Street Corp now owns 3,035,292 shares of the company’s stock worth $66,716,000 after acquiring an additional 420,433 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Sable Offshore by 29.3% during the second quarter. Geode Capital Management LLC now owns 1,624,893 shares of the company’s stock worth $35,721,000 after acquiring an additional 368,059 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Sable Offshore by 329.8% during the second quarter. Bank of America Corp DE now owns 1,124,427 shares of the company’s stock valued at $24,715,000 after purchasing an additional 862,810 shares during the last quarter. 26.19% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Sable Offshore

Here are the key news stories impacting Sable Offshore this week:

• Positive Sentiment: DOJ legal opinion lifts restart prospects — reporting indicates a DOJ opinion narrowed federal legal obstacles to restarting the pipeline, rekindling hopes for resumed production and clearer revenue visibility; that news is the primary catalyst for the intraday rally. Sable (SOC) Soars 37% on Renewed Hopes for California Pipeline
• Positive Sentiment: Heavy call buying — unusual options activity saw ~41,549 call contracts bought (?86% above typical daily call volume), signaling speculative or hedged bullish positioning by traders expecting further upside.
• Positive Sentiment: Strategic investor support — FourWorld publicly backed Sable amid the legal debate, providing funding/credibility that may ease refinancing or operational restart plans and reduce near?term capital?risk concerns. FourWorld Backs Sable Offshore As Legal Risks Weigh On Pipeline Restart
• Neutral Sentiment: Analyst/action note — Benchmark (and other outlets) has been active on coverage; one report references a hold rating reaffirmation, which suggests analysts remain cautious even as legal clarity improves. Benchmark hold coverage
• Negative Sentiment: Analyst downgrade reported — at least one outlet reports Benchmark downgraded Sable, which could limit upside from analyst desks and weigh on some institutional buyers. Benchmark downgrades Sable Offshore (SOC)
• Negative Sentiment: Worsening 2025 fundamentals — reporting on deeper 2025 losses and ongoing negative EPS expectations underscores that, even if operations resume, the company faces material near?term profitability and cash?flow challenges that could limit sustainable upside. What Sable Offshore (SOC)’s Deeper 2025 Losses And FourWorld’s Big Bet Mean For Shareholders

Sable Offshore Stock Performance

Shares of NYSE SOC opened at $14.38 on Friday. The business’s 50-day simple moving average is $9.69 and its 200-day simple moving average is $12.54. Sable Offshore Corp. has a 52 week low of $3.72 and a 52 week high of $35.00. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of -3.42 and a beta of 0.43.

Sable Offshore (NYSE:SOC) last posted its earnings results on Friday, February 27th. The company reported ($0.39) earnings per share for the quarter, topping the consensus estimate of ($0.59) by $0.20. The company had revenue of $1.00 million during the quarter, compared to analyst estimates of $0.50 million. As a group, equities research analysts forecast that Sable Offshore Corp. will post -6.39 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SOC shares. Benchmark restated a “hold” rating on shares of Sable Offshore in a research note on Thursday. Roth Mkm reiterated a “buy” rating on shares of Sable Offshore in a report on Wednesday, December 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Sable Offshore in a research note on Tuesday, January 27th. Jefferies Financial Group reaffirmed a “buy” rating and set a $28.00 price objective on shares of Sable Offshore in a research report on Thursday. Finally, TD Cowen reiterated a “buy” rating on shares of Sable Offshore in a research note on Thursday, December 18th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $19.00.

About Sable Offshore

Sable Offshore (NYSE:SOC) is an independent upstream oil and natural gas company specializing in offshore hydrocarbon exploration and production. The company identifies and secures exploration and development rights, conducts detailed seismic interpretation, and advances offshore prospects through appraisal and development phases. Its focus on the offshore environment drives investments in specialized drilling techniques, subsea infrastructure and production facility design.

Core business activities include offshore seismic surveys, the drilling of exploration and appraisal wells, installation and operation of production platforms or subsea systems, and well intervention services.