Sable Offshore (SOC) Q2 2026 earnings — TrendMatrix coverage
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
Key numbers
- Adjusted EPS
- -$0.89
- Estimate
- $0.34
- Surprise
- -358.6%
- Revenue (period 2026-06-30)
- $137.1M
- Score today
- 5.4/10
Revenue source: xbrl.
How the report landed
Sable Offshore (SOC) reported a wider loss than forecast — adjusted EPS of -$0.89 against the $0.34 estimate (a 358.6% shortfall).
Where TrendMatrix's rating stands now
TrendMatrix currently rates SOC Sell at 5.4/10; no pre/post engine snapshot brackets this report.
0 of the last 4 quarters beat the estimate; this quarter's -358.6% surprise compares with a -135.0% four-quarter average. Next scheduled report: 2026-11-09.
What argues against it
- Concentration risk — Geographic: California
- DATA_ISSUE: analyst_target_implausible (raw $9.80 vs price $3.06 — ratio 3.2×). Rejected, falling back to technical TP.
- Quality below floor (0.8 < 4.0)
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.
The levels TrendMatrix's engine tracks
- Current price
- $3.06
- Price target
- $4.02
- Stop
- $2.86
- Upside to target
- +31.4%
Risk check: RSI 19 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
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
- $587.1M
- P/E (fwd)
- 2.0
- 52-week range
- $2.88–$19.25
- Off 52-week high
- 84.1%
- RSI (14)
- 19
- Volume vs avg
- 0.68×
- Score today
- 5.4/10