Sable Offshore Corp. (SOC): A Bull Case Theory

We came across a bullish thesis on Sable Offshore Corp. (SOC) on Value Degen’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on SOC. Sable Offshore Corp.'s share was trading at $20.52 as of Oct 11^th. SOC’s trailing and forward P/E were 47.20 and 9.00 according to Yahoo Finance.

[caption id="attachment_1228740" align="aligncenter" width="768"] Aerial view of an oil rig illuminated against a night sky.[/caption]

Sable Offshore Corporation (SOC) is a company focused on the extraction of oil and natural gas from the Santa Ynez unit off...