Sable Offshore Corp.

Equities

SOC

US78574H1041

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2024-04-25 pm EDT			5-day change	1st Jan Change
10.47 ^USD	-0.10%		+2.05%	-8.08%

Mar. 28	Sable Offshore Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 14	Flame Acquisition Corp. announced that it has received $440.2491 million in funding	CI

Flame Acquisition Corp. announced that it has received $7 million in funding from Flame Acquisition Sponsor LLC, FL Co-Investment LLC, Intrepid Financial Partners, LLC and other investors

February 23, 2021

On February 24, 2021, Flame Acquisition Corp. (NYSE:FLME.U) closed the transaction. The company entered into agreement. The transaction included participation from Gregory D. Patrinely for 70,000 warrants, Michael E. Dillard for 70,000 warrants, Gregory P. Pipkin for 70,000 warrants, Christopher B. Sarofim for 70,000 warrants and Caldwell Flores for 70,000 warrants.

Latest news about Sable Offshore Corp.

Sable Offshore Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Flame Acquisition Corp. announced that it has received $440.2491 million in funding	Feb. 13	CI
Flame Acquisition Corp. completed the acquisition of Sable Offshore Corp.	Feb. 13	CI
Flame Acquisition Shareholders OK Merger Deal With Sable Offshore	Feb. 13	MT
Flame Acquisition Corp. announced that it expects to receive $100 million in funding	Jan. 11	CI
Flame Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Flame Acquisition Shareholders Approve Extension Deadline of Business Combination	23-09-01	MT
Flame Acquisition Corp. announced that it expects to receive $1.13 million in funding	23-08-29	CI
Flame Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
Flame Acquisition Corp. announced that it has received $0.15 million in funding	23-06-21	CI
Insider Sell: Flame Acquisition	23-05-24	MT
Flame Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Flame Acquisition Corp. announced that it has received $0.355 million in funding	23-05-11	CI
Flame Acquisition Corp. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-31	CI
Flame Acquisition Corp. Auditor Raises 'Going Concern' Doubt	23-03-30	CI
Flame Acquisition Corp. announced that it has received $0.535 million in funding	23-02-05	CI
Flame Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-14	CI
Sable Offshore Corp. entered into a business combination to acquire Flame Acquisition Corp. from Flame Acquisition Sponsor LLC, Sculptor Capital LP, Saba Capital Management, L.P. and others for $29.8 million in a reverse merger transaction.	22-11-01	CI
Flame Acquisition Corp. announced that it has received $0.2 million in funding from Flame Acquisition Sponsor LLC	22-10-30	CI
Flame Acquisition Corp. announced that it has received $0.17 million in funding from Flame Acquisition Sponsor LLC	22-09-29	CI
Flame Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-15	CI
Flame Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-16	CI
Flame Acquisition Corp. Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-04	CI
Flame Acquisition Corp. Auditor Raises 'Going Concern' Doubt	22-04-03	CI
Flame Acquisition Corp. announced that it has received $0.335 million in funding from Flame Acquisition Sponsor LLC	22-03-28	CI

Chart Sable Offshore Corp.

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Company Profile

Sable Offshore Corp., formerly Flame Acquisition Corp, is focused on interests in certain oil and gas properties located offshore in the Santa Ynez Unit (SYU). SYU consists of three offshore platforms and a wholly owned onshore processing facility located along the Gaviota Coast at Las Flores Canyon in Santa Barbara County, California. The offshore position comprises 16 federal leases across approximately 76,000 acres. The Companyâs Hondo platform and the Harmony platform develop the Hondo Field, and the Heritage platform develops the Pescado and Sacate Fields. The platforms are located five to nine miles offshore of Santa Barbara County in shallow water depths of 900 to 1,200 feet and service 112 wells, comprised of 90 producers, 12 injectors and 10 idle with an additional 102 identified, undrilled opportunities. The onshore facilities occupy approximately 35 acres and are comprised of an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.

Sector

Oil & Gas Exploration and Production

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.47 USD

Average target price

20 USD

Spread / Average Target

+91.02%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Oil Exploration & Production - Offshore

	1st Jan change	Capi.
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Oil Exploration & Production - Offshore