Markets

Insider Trading

Hedge Funds

Retirement

Opinion

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

We came across a bullish thesis on Sable Offshore Corp. (NYSE:SOC) on wallstreetbets Subreddit Page by Kooky_Lime1793. In this article, we will summarize the bulls’ thesis on SOC. Sable Offshore Corp. (NYSE:SOC)'s share was trading at $22.90 as of Dec 31st. SOC’s trailing and forward P/E were 47.20 and 15.06 respectively according to Yahoo Finance.

[caption id="attachment_1205356" align="aligncenter" width="768"] A drilling rig fueled by the energy and expertise of the oil & gas exploration and production company.[/caption]

There’s an intriguing opportunity unfolding around...