SOC - Sable Offshore Corp.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$16.50
DETAILS
HIGH:
$22.00
LOW:
$11.00
MEDIAN:
$16.50
CONSENSUS:
$16.50
UPSIDE:
300.49%
About Sable Offshore Corp. (https://www.sableoffshore.com)
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.
Key Executives
| NAME | TITLE | DOB | SALARY |
|---|---|---|---|
| James C. Flores | Chairman & Chief Executive Officer | 1959 | $6,573,061 USD |
| J. Caldwell Flores | President & COO | 1993 | $3,239,444 USD |
| Anthony C. Duenner | Executive Vice President, General Counsel & Secretary | 1960 | $3,238,240 USD |
| Gregory D. Patrinely | Executive Vice President & Chief Financial Officer | 1986 | $3,225,362 USD |
| Brian Broussard | Senior Vice President of Development | – | – |
| Harrison Breaud | Vice President of Finance & Investor Relations | – | – |
| Trent Fontenot | Senior Vice President of Operations | – | – |