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SOCSable Offshore Corp.Hold6.0·$0.78

Sable Offshore (SOC) Q3 2026 earnings — TrendMatrix coverage

MISS · WIDER LOSS-45.8% vs estimateEPS -$0.42 vs -$0.28 estCurrent verdict Hold 6.0/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
-$0.42
Estimate
-$0.28
Surprise
-45.8%
Revenue (period 2026-09-30)
$154.4M
Score today
6.0/10

Revenue source: xbrl.

Report record · Q3 2026

How the report landed

Sable Offshore (SOC) reported a wider loss than forecast — adjusted EPS of -$0.42 against the -$0.28 estimate (a 45.8% shortfall).

Around the report

Coverage in the report window

  • Crude Oil Falls Over 3%; NRG Energy Shares Jump After Strong Q3 Results — benzinga, 2026-11-09
  • Dow Jumps Over 600 Points; Constellation Energy Posts Upbeat Earnings — benzinga, 2026-11-09
  • UPDATE: Sable Offshore Q3 Adj. EPS $(0.43) Misses $(0.19) Estimate, Sales $154.370M Miss $155.668M Estimate — benzinga, 2026-11-09
Current read · as of 2026-11-10

Where TrendMatrix's rating stands now

TrendMatrix currently rates SOC Hold at 6.0/10; no pre/post engine snapshot brackets this report.

0 of the last 4 quarters beat the estimate; this quarter's -45.8% surprise compares with a -129.1% four-quarter average.

What argues against it

  • Concentration risk — Geographic: California
  • DATA_ISSUE: analyst_target_implausible (raw $9.60 vs price $0.78 — ratio 12.3×). Rejected, falling back to technical TP.
  • Market cap $169M below $400M minimum

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$0.78
Price target
$0.89
Stop
$0.72
Upside to target
+14.4%

Risk check: RSI 11 — a level conventionally read as oversold; trading volume is running 1.9× its average — elevated turnover around the report window.

Model outputs from TrendMatrix’s engine as of 2026-11-10 — shown for context, not personalized investment advice.

Energy context

SOC at TrendMatrix's latest read

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry
Oil & Gas Drilling
Market cap
$168.9M
P/E (fwd)
0.6
52-week range
$0.51–$19.25
Off 52-week high
96.0%
RSI (14)
11
Volume vs avg
1.91×
Score today
6.0/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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