Here is Why Sable Offshore (SOC) Fell to a New Low This Week

The share price of Sable Offshore Corp. (NYSE:SOC) fell by 36.38% between November 11 and November 18, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Sable Offshore Corp. (NYSE:SOC) is an independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California.

Sable Offshore Corp. (NYSE:SOC) dipped to an all-time low after posting results for its third quarter on November 13, with its loss per share of $1.46 falling below estimates by $0.60. The company reported a net loss of $110.4 million, primarily due to production restart-related operating expenses and non-cash interest expense. Moreover, Sable ended the quarter with a cash and cash equivalents balance of $41.6 million, while its short-term outstanding debt stood at $896.6 million, including paid-in-kind interest.

Sable Offshore Corp. (NYSE:SOC) has also attracted negative attention from analysts recently, with Roth Capital lowering the stock’s price target from $26 to $22 on November 10. However, the analyst still maintained a ‘Buy’ rating on the shares. Then, on November 11, Jefferies nearly halved its price target on SOC from $38 to $20, but still kept its ‘Buy’ rating.

Following the recent downturn, the share price of Sable Offshore Corp. (NYSE:SOC) has fallen by over 80% since the beginning of 2025.

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Disclosure: None.