SOCNYSECrude Petroleum & Natural GasFiscal year ends December 31
Sable Offshore Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$3.19−0.13 (-3.92%)
Close on Oct 19, 2026
- Market cap
- $489.57M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
88.5%
170M of 192M shares
Institutional holders
245
71 new, 42 sold out
Net institutional buying
34M
In Q2 2026
Insider trades, 12 months
0 buys · 11 sales
Net sold $19.09M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Christopher B. Sarofim | 9,977,153 | – | 13D (active) amendment | Jun 1, 2024 |
| BlackRock, Inc. | 9,126,401 | 6.20% | 13G (passive) | Mar 31, 2026 |
| FourWorld Capital Management LLC | 8,412,108 | 5.80% | 13G (passive) | Dec 31, 2025 |
| Todd J. Kantor | 8,397,316 | 8.44% | 13G (passive) amendment | Sep 30, 2025 |
| Two Seas Capital LP | 8,377,636 | 5.40% | 13G (passive) | Jun 30, 2026 |
| State Street Corporation | 7,827,902 | 5.10% | 13G (passive) | Jun 30, 2026 |
| FMR LLC | 5,822,048 | 5.90% | 13G (passive) amendment | Jun 30, 2025 |
| Darren Maupin | 18,693,451 | 12.90% | 13G (passive) amendment | Dec 31, 2025 |
| James C. Flores | 17,670,120 | 20.50% | 13D (active) amendment | Oct 3, 2024 |
| Continental General Insurance Co | 13,705,110 | 9.30% | 13G (passive) amendment | Mar 31, 2026 |
| Encompass Capital Partners LLC | 12,063,568 | 6.29% | 13G (passive) amendment | Oct 1, 2026 |
| Alyeska Fund GP, LLC | 11,091,773 | 7.65% | 13G (passive) | Dec 31, 2025 |
| Gorzynski Michael | 10,000,000 | 6.90% | 13G (passive) | Jan 27, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SOC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Pilgrim Global Advisors LLC | 18,206,121 | 9.49% | $56.07M | – | 12.03% |
| Encompass Capital Advisors LLC | 14,448,741 | 7.53% | $44.50M | +1,000,000 | 1.58% |
| Continental General Insurance Co | 14,139,408 | 7.37% | $43.55M | +434,298 | 9.08% |
| BlackRock, Inc. | 10,667,229 | 5.56% | $32.86M | +1,308,276 | 0.00% |
| Morgan Stanley | 8,414,504 | 4.39% | $25.92M | +1,140,502 | 0.00% |
| Two Seas Capital LP | 8,377,636 | 4.37% | $25.80M | +2,880,925 | 0.51% |
| State Street Corp | 7,822,902 | 4.08% | $24.09M | +3,211,740 | 0.00% |
| FourWorld Capital Management LLC | 6,823,709 | 3.56% | $21.02M | −389,024 | 19.12% |
| Capital International Investors | 6,111,898 | 3.19% | $18.82M | −1,456,928 | 0.00% |
| Vanguard Capital Management LLC | 5,810,187 | 3.03% | $17.90M | +339,516 | 0.00% |
| Whitefort Capital Management, LP | 3,720,063 | 1.94% | $11.46M | +2,175,270 | 2.82% |
| Susquehanna International Group, Llp | 3,417,408 | 1.78% | $10.53M | +1,211,198 | 0.00% |
| Geode Capital Management, LLC | 3,341,362 | 1.74% | $10.29M | +379,498 | 0.00% |
| Citadel Advisors LLC | 3,179,070 | 1.66% | $9.79M | +2,435,474 | 0.00% |
| BW Gestao de Investimentos Ltda. | 3,014,553 | 1.57% | $9.28M | +885,448 | 0.18% |
| Redwood Capital Management, LLC | 3,000,000 | 1.56% | $9.24M | New | 1.00% |
| Verition Fund Management LLC | 2,988,811 | 1.56% | $9.21M | +945,373 | 0.05% |
| Goldman Sachs Group Inc | 2,659,293 | 1.39% | $8.19M | +743,870 | 0.00% |
| HITE Hedge Asset Management LLC | 2,555,295 | 1.33% | $7.87M | +1,840,988 | 0.43% |
| Capital World Investors | 2,430,095 | 1.27% | $7.48M | +65,994 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 245 | 170M | 88.5% | 71 / 100 | 40 / 42 | 44M | 10M |
| Q1 2026 | 222 | 137M | 71.4% | 55 / 82 | 58 / 40 | 46M | 29M |
| Q4 2025 | 211 | 128M | 66.7% | 62 / 86 | 48 / 66 | 77M | 18M |
| Q3 2025 | 218 | 70M | 36.3% | 53 / 87 | 49 / 32 | 22M | 11M |
| Q2 2025 | 198 | 59M | 30.6% | 50 / 90 | 41 / 44 | 16M | 8M |
| Q1 2025 | 194 | 51M | 26.5% | 51 / 69 | 43 / 22 | 7M | 6M |
| Q4 2024 | 169 | 50M | 25.9% | 59 / 63 | 28 / 17 | 10M | 3M |
| Q3 2024 | 130 | 43M | 22.6% | 68 / 37 | 16 / 2 | 16M | 1M |
| Q2 2024 | 66 | 32M | 16.6% | 45 / 6 | 9 / 20 | 9M | 7M |
| Q1 2024 | 41 | 30M | 15.7% | 41 / 0 | 0 / 0 | 30M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SOC | Value | % of fund | As of |
|---|---|---|---|---|---|
| SMALLCAP World Fund Inc | 5,781,816 | 3.01% | $17.81M | 0.02% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF | 4,576,413 | 2.39% | $14.10M | 0.48% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 4,176,658 | 2.18% | $12.86M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 3,471,426 | 1.81% | $10.69M | 0.01% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 2,525,772 | 1.32% | $7.78M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,505,994 | 0.78% | $4.64M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,462,376 | 0.76% | $7.74M | 0.02% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 1,228,037 | 0.64% | $3.78M | 0.02% | Jun 30, 2026 |
| Vanguard Energy Index Fund | 960,181 | 0.50% | $14.07M | 0.12% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 639,628 | 0.33% | $9.37M | 0.05% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 637,932 | 0.33% | $9.35M | 0.02% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 592,437 | 0.31% | $8.68M | 0.04% | May 31, 2026 |
| Schwab Small-Cap Index Fund | 325,139 | 0.17% | $1.72M | 0.02% | Jul 31, 2026 |
| Master Small Cap Index Series | 250,218 | 0.13% | $770.67K | 0.01% | Jun 30, 2026 |
| SMALLCAP World Fund | 234,405 | 0.12% | $721.97K | 0.03% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James C. Flores | Chairman & CEO, Director, 10% owner | 11,406,161 | 5.94% | Apr 30, 2026 |
| James Caldwell Flores | President, COO | 1,140,926 | 0.59% | Apr 30, 2026 |
| Gregory D. Patrinely | EVP, CFO | 602,051 | 0.31% | Apr 30, 2026 |
| Anthony Duenner | See Remarks | 780,176 | 0.41% | Apr 30, 2026 |
| Doss R. Bourgeois | EVP, Chief Operating Officer | 850,000 | 0.44% | Apr 29, 2025 |
| Gregory Phillip Pipkin | Director | 183,040 | 0.10% | May 8, 2026 |
| Michael E. Dillard | Director | 502,500 | 0.26% | May 8, 2026 |
| Christopher Binyon Sarofim | Director | 10,449,653 | 5.45% | May 8, 2026 |
| Global Advisors LLC Pilgrim | 10% owner | 11,085,142 | 5.78% | Nov 6, 2025 |
| Global ICAV Pilgrim | 10% owner | 12,158,197 | 6.34% | Nov 6, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Michael E. Dillard Director | May 6, 2026 | Award | +50,000 | – | – | 497,500 |
| Christopher Binyon Sarofim Director | May 6, 2026 | Award | +25,000 | – | – | 949,653 |
| Gregory Phillip Pipkin Director | May 6, 2026 | Award | +50,000 | – | – | 168,040 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 29, 2026 | Sale | −68,792 | $13.56 | $932.82K | 8,173,661 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 29, 2026 | Option exercise | +175,000 | – | – | 8,242,453 |
| Gregory D. Patrinely EVP, CFO | Apr 29, 2026 | Option exercise | +100,000 | – | – | 602,051 |
| Gregory D. Patrinely EVP, CFO | Apr 29, 2026 | Sale | −39,311 | $13.56 | $533.06K | 562,740 |
| Anthony Duenner See Remarks | Apr 29, 2026 | Option exercise | +100,000 | – | – | 630,176 |
| Anthony Duenner See Remarks | Apr 29, 2026 | Sale | −39,312 | $13.56 | $533.07K | 590,864 |
| James Caldwell Flores President, COO | Apr 29, 2026 | Option exercise | +100,000 | – | – | 602,051 |
| James Caldwell Flores President, COO | Apr 29, 2026 | Sale | −39,311 | $13.56 | $533.06K | 562,740 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 28, 2026 | Option exercise | +175,000 | – | – | 8,138,750 |
| James C. Flores Chairman & CEO, Director, 10% owner | Apr 28, 2026 | Sale | −71,297 | $13.33 | $950.39K | 8,067,453 |
| Gregory D. Patrinely EVP, CFO | Apr 28, 2026 | Option exercise | +100,000 | – | – | 542,794 |
| Gregory D. Patrinely EVP, CFO | Apr 28, 2026 | Sale | −40,743 | $13.33 | $543.10K | 502,051 |
| Anthony Duenner See Remarks | Apr 28, 2026 | Sale | −40,743 | $13.33 | $543.10K | 530,176 |
| Anthony Duenner See Remarks | Apr 28, 2026 | Option exercise | +100,000 | – | – | 570,919 |
| James Caldwell Flores President, COO | Apr 28, 2026 | Option exercise | +100,000 | – | – | 542,794 |
| James Caldwell Flores President, COO | Apr 28, 2026 | Sale | −40,743 | $13.33 | $543.10K | 502,051 |
| Anthony Duenner See Remarks | Mar 31, 2026 | Sale | −279,081 | $16.69 | $4.66M | 470,919 |
| Gregory D. Patrinely EVP, CFO | Mar 31, 2026 | Sale | −279,081 | $16.69 | $4.66M | 442,794 |
| James Caldwell Flores President, COO | Mar 31, 2026 | Sale | −279,081 | $16.69 | $4.66M | 442,794 |
| Global Advisors LLC Pilgrim 10% owner | Oct 15, 2025 | Buy | +563,886 | $14.74 | $8.31M | 10,514,635 |
| Global Advisors LLC Pilgrim 10% owner | Oct 15, 2025 | Buy | +418,759 | $15.44 | $6.47M | 10,933,394 |
| Global ICAV Pilgrim 10% owner | Jul 18, 2025 | Sale | −167,175 | $21.98 | $3.67M | 9,933,394 |
| Gregory Phillip Pipkin Director | Apr 25, 2025 | Award | +25,000 | – | – | 118,040 |
| Michael E. Dillard Director | Apr 25, 2025 | Award | +25,000 | – | – | 447,500 |
| Christopher Binyon Sarofim Director, 10% owner | Apr 25, 2025 | Award | +25,000 | – | – | 924,653 |
| Global Advisors LLC Pilgrim 10% owner | Apr 17, 2025 | Sale | −143,806 | $25.37 | $3.65M | 10,100,569 |
| Gregory Phillip Pipkin Director | Nov 1, 2024 | Option exercise | +7,500 | $11.50 | $86.25K | 93,040 |
| Michael E. Dillard Director | Oct 28, 2024 | Option exercise | +267,847 | $11.50 | $3.08M | 422,500 |
| Christopher Binyon Sarofim Director, 10% owner | Oct 25, 2024 | Option exercise | +250,000 | $11.50 | $2.88M | 899,653 |
| Global Advisors LLC Pilgrim 10% owner | Oct 25, 2024 | Conversion | +1,453,374 | $11.50 | $16.71M | 10,244,375 |
| Anthony Duenner See Remarks | Oct 23, 2024 | Option exercise | +50,000 | $11.50 | $575.00K | 50,000 |
| James Caldwell Flores President | Oct 9, 2024 | Option exercise | +67,000 | $11.50 | $770.50K | 417,000 |
| James C. Flores Chairman & CEO, Director, 10% owner | Oct 3, 2024 | Buy | +600,000 | – | – | 600,000 |
| Global Advisors LLC Pilgrim 10% owner | Sep 19, 2024 | Buy | +750,000 | $20.00 | $15.00M | 8,791,001 |
| Global ICAV Pilgrim 10% owner | Aug 27, 2024 | Buy | +41,000 | $15.45 | $633.45K | 8,041,001 |
| Gregory Phillip Pipkin Director | Jun 5, 2024 | Sale | −82,238 | $14.66 | $1.21M | 85,540 |
| Gregory Phillip Pipkin Director | Jun 3, 2024 | Gift | −96,875 | – | – | 167,778 |
| Doss R. Bourgeois EVP, Chief Operating Officer | May 21, 2024 | Sale | −105,000 | $13.29 | $1.40M | 650,000 |
| James Caldwell Flores Chairman & CEO, Director, 10% owner | May 20, 2024 | Buy | +100,000 | $13.74 | $1.37M | 2,625,000 |
| Doss R. Bourgeois EVP, Chief Operating Officer | May 20, 2024 | Sale | −95,000 | $13.72 | $1.30M | 755,000 |
| James C. Flores Chairman & CEO, Director, 10% owner | May 20, 2024 | Buy | +100,000 | $13.74 | $1.37M | 2,625,000 |
| Anthony Duenner See Remarks | Apr 19, 2024 | Award | +650,000 | – | – | 750,000 |
| Gregory Phillip Pipkin Director | Apr 19, 2024 | Award | +52,778 | – | – | 264,653 |
| James Caldwell Flores President | Apr 19, 2024 | Award | +650,000 | – | – | 721,875 |
| Michael E. Dillard Director | Apr 19, 2024 | Award | +52,778 | – | – | 154,653 |
| Gregory D. Patrinely EVP, CFO | Apr 19, 2024 | Award | +650,000 | – | – | 721,875 |
| Doss R. Bourgeois EVP, Chief Operating Officer | Apr 19, 2024 | Award | +650,000 | – | – | 850,000 |
| Christopher Binyon Sarofim Director, 10% owner | Apr 19, 2024 | Award | +52,778 | – | – | 649,653 |
| Gregory Phillip Pipkin Director | Feb 14, 2024 | Buy | +100,000 | $10.00 | $1.00M | 211,875 |
| Christopher Binyon Sarofim Director, 10% owner | Feb 14, 2024 | Buy | +3,000,000 | $10.00 | $30.00M | 3,000,000 |
| Christopher Binyon Sarofim Director, 10% owner | Feb 14, 2024 | Buy | +3,000,000 | $10.00 | $30.00M | 3,000,000 |
| James Caldwell Flores President | Feb 14, 2024 | Buy | +300,000 | $10.00 | $3.00M | 371,875 |
| Gregory Phillip Pipkin Director | Feb 14, 2024 | Buy | +100,000 | $10.00 | $1.00M | 196,875 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 14, 2024 | Buy | +2,500,000 | $10.00 | $25.00M | 2,525,000 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 14, 2024 | Buy | +700,000 | $10.00 | $7.00M | 7,963,750 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 14, 2024 | Award | +3,000,000 | – | – | 7,263,750 |
| James C. Flores Chairman & CEO, Director, 10% owner | Feb 13, 2024 | Buy | +8,500 | $11.73 | $99.71K | 25,000 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.