Sable Offshore Corp. (SOC): A Bull Case Theory

We came across a bullish thesis on Sable Offshore Corp. (SOC) on Welfare Capital Research’s Substack. In this article, we will summarize the bulls’ thesis on SOC. Sable Offshore Corp. (SOC)'s share was trading at $32.10 as of 23^rd May. SOC’s trailing and forward P/E were 47.20 and 1670 respectively according to Yahoo Finance.

[caption id="attachment_1232169" align="aligncenter" width="768"] An oil rig pumping station with a clear sky behind it, illustrating the company's wide range of activities in the oil and gas business.[/caption]

Sable Offshore (SOC) delivered a major...