Ticker name:SOCSable Offshore Corp.
Country: US-Sector: Energy, Industry: Oil & Gas Drilling
Sable Offshore Corp. (SOC) specializes in the exploration and production of oil and natural gas across the United States. The company's operational assets include three offshore platforms located off the California coast, along with an onshore processing facility. These operations are supported by 16 federal leases that encompass approximately 76,000 acres. Established in 2020, the firm was previously known as Flame Acquisition Corp. before officially adopting the name Sable Offshore Corp. in February 2024. Its corporate headquarters are situated in Houston, Texas.
- CEO: James C. Flores
- IPO: Apr 19, 2021
- Website:...leoffshore.com (open a new tab)
Market Cap 380M
Last close 1.98$
Key metrics
Largest 10 companies In Oil & Gas Drilling
| # Position | Ticker | Company Name | Market Cap | Last Price | Action |
|---|---|---|---|---|---|
| 1 | NE | Noble Corp plc | 6.6B | 41.03$ | |
| 2 | RIG | Transocean Ltd. | 6.1B | 5.45$ | |
| 3 | VAL | Valaris Ltd | 5.7B | 82.77$ | |
| 4 | PTEN | PATTERSON UTI ENERGY INC | 4B | 10.65$ | |
| 5 | HP | Helmerich & Payne, Inc. | 3.6B | 36.11$ | |
| 6 | SDRL | SEADRILL Ltd | 2.7B | 43.32$ | |
| 7 | NBR | NABORS INDUSTRIES LTD | 1.3B | 76$ | |
| 8 | PDS | PRECISION DRILLING Corp | 1.1B | 91.53$ | |
| 9 | BORR | Borr Drilling Ltd | 1B | 3.33$ | |
| 10 | SOC | Sable Offshore Corp. | 380M | 1.98$ |