Why These Energy Stocks are Losing This Week

1. Sable Offshore Corp. (NYSE:SOC) 

Share Price Decline Between Nov. 11 – Nov. 18: 36.38%

Topping our list of Energy Stocks that Lost the Most This Week is Sable Offshore Corp. (NYSE:SOC), 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.

While we acknowledge the potential of SOC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SOC and that has 100x upside potential, check out our report about this cheapest AI stock.

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