The share price of Sable Offshore Corp. (NYSE:SOC) fell by 10.82% between November 19 and November 26, 2025, putting it among the Energy Stocks that Lost the Most This Week.
Sable Offshore Corp. is an independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California.
Sable Offshore Corp. continued on its downward trajectory and tumbled to a new low after posting a higher-than-expected loss for its Q3 on November 13. The company’s net loss was $110.4 million, primarily due to production restart-related operating expenses and non-cash interest expense. Moreover, it ended the quarter with a cash and cash equivalents balance of $41.6 million, against short-term outstanding debt of $896.6 million, inclusive of paid-in-kind interest.
Sable Offshore Corp. has also been the subject of negative analyst attention recently. On November 11, Jefferies significantly trimmed its price target on the stock from $38 to $20 while maintaining its ‘Buy’ rating. Earlier on November 10, Roth Capital also reduced its price target on SOC from $26 to $22, while maintaining a ‘Buy’ rating on its shares.
The share price of Sable Offshore Corp. has fallen by over 82% since the beginning of 2025.
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