Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Megatrend and thematic drivers
Megatrends include US Energy Independence. Themes include US LNG, and US Oilfield Technologies.

Weak multi-year price returns
2Y Excs Rtn is -49%, 3Y Excs Rtn is -70%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -467 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -36762%

Expensive valuation multiples
P/SPrice/Sales ratio is 1,483x

Stock price has recently run up significantly
6M Rtn6 month market price return is 134%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 4063%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30369%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -59903%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -31%

High stock price volatility
Vol 12M is 141%

Key risks
SOC key risks include [1] a critical inability to restart production at its core Santa Ynez Unit, Show more.

0 Megatrend and thematic drivers
Megatrends include US Energy Independence. Themes include US LNG, and US Oilfield Technologies.
1 Weak multi-year price returns
2Y Excs Rtn is -49%, 3Y Excs Rtn is -70%
2 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -467 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -36762%
4 Expensive valuation multiples
P/SPrice/Sales ratio is 1,483x
5 Stock price has recently run up significantly
6M Rtn6 month market price return is 134%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 4063%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30369%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -59903%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -31%
9 High stock price volatility
Vol 12M is 141%
10 Key risks
SOC key risks include [1] a critical inability to restart production at its core Santa Ynez Unit, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/8/2026

Sable Offshore (SOC) stock has gained about 60% since 2/28/2026 because of the following key factors:

1. Federal Intervention Accelerated Production Restart: Sable Offshore's stock surged following significant federal intervention, most notably the Trump Administration's approval on March 13, 2026, to resume production on its offshore rig by invoking the Defense Production Act (DPA). This action bypassed years of regulatory delays imposed by state and local governments in California, which had previously idled the Santa Ynez Unit assets. The DPA order led to Sable resuming oil flow by March 16, 2026, with an expected gross oil rate of 50,000 barrels per day (Bbls/d) and commencing first oil sales from the Santa Ynez Pipeline System by March 30, 2026. This transformed Sable from a development-stage company into a producing offshore oil company.

2. Increased Production Outlook and Anticipated Financial Improvements: The restart of the Santa Ynez Unit significantly enhanced Sable's production potential, with the unit expected to produce approximately 60,000 barrels of oil equivalent per day (boe/d) once fully ramped up. Key catalysts included the planned restarts of Platforms Heritage (fiscal Q2 2026) and Hondo (fiscal Q2 2026), which were projected to further increase production volumes. This operational progress led analysts to anticipate that Sable would achieve positive EBITDA by the end of fiscal Q2 2026, assuming stable crude prices, and also projected a reduction in fiscal year 2026 losses from -US$2.23 to -US$0.583 per share. The breakeven date was subsequently moved forward to fiscal year 2026, with an expected profit of US$160.2 million.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 59.0% change in SOC stock from 2/28/2026 to 6/8/2026 was primarily driven by a 9.2233720368547763E17% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266082026Change
Stock Price ($)8.2513.1259.0%
Change Contribution By: 
Total Revenues ($ Mil)019.2233720368547763E17%
P/S Multiple1,483.1 
Shares Outstanding (Mil)117144-18.3%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/8/2026
ReturnCorrelation
SOC59.0% 
Market (SPY)8.1%-21.2%
Sector (XLE)5.0%44.2%

Fundamental Drivers

The 200.2% change in SOC stock from 11/30/2025 to 6/8/2026 was primarily driven by a 9.2233720368547763E17% change in the company's Total Revenues ($ Mil).
(LTM values as of)113020256082026Change
Stock Price ($)4.3713.12200.2%
Change Contribution By: 
Total Revenues ($ Mil)019.2233720368547763E17%
P/S Multiple1,483.1 
Shares Outstanding (Mil)99144-30.8%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/8/2026
ReturnCorrelation
SOC200.2% 
Market (SPY)8.8%1.7%
Sector (XLE)30.9%23.7%

Fundamental Drivers

The -54.4% change in SOC stock from 5/31/2025 to 6/8/2026 was primarily driven by a null change in the company's P/S Multiple.
(LTM values as of)53120256082026Change
Stock Price ($)28.7813.12-54.4%
Change Contribution By: 
Total Revenues ($ Mil)019.2233720368547763E17%
P/S Multiple1,483.1 
Shares Outstanding (Mil)84144-41.2%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/8/2026
ReturnCorrelation
SOC-54.4% 
Market (SPY)26.9%9.2%
Sector (XLE)47.7%21.2%

Fundamental Drivers

null
null

Market Drivers

5/31/2023 to 6/8/2026
ReturnCorrelation
SOC  
Market (SPY)83.8%21.7%
Sector (XLE)67.9%27.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SOC Return---85%-61%36%-1%
Peers Return55%79%-16%-38%-8%89%153%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
SOC Win Rate---45%42%50% 
Peers Win Rate62%63%35%25%53%73% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
SOC Max Drawdown-----88%-41% 
Peers Max Drawdown-44%-46%-39%-48%-49%-20% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: APA, MUR, TALO, KOS, WTI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/8/2026 (YTD)

How Low Can It Go

EventSOCS&P 500
2025 US Tariff Shock
  % Loss-45.8%-18.8%
  % Gain to Breakeven84.4%23.1%
  Time to Breakeven41 days79 days

Compare to APA, MUR, TALO, KOS, WTI

In The Past

Sable Offshore's stock fell -45.8% during the 2025 US Tariff Shock. Such a loss loss requires a 84.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSOCS&P 500
2025 US Tariff Shock
  % Loss-45.8%-18.8%
  % Gain to Breakeven84.4%23.1%
  Time to Breakeven41 days79 days

Compare to APA, MUR, TALO, KOS, WTI

In The Past

Sable Offshore's stock fell -45.8% during the 2025 US Tariff Shock. Such a loss loss requires a 84.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Sable Offshore (SOC)

Flame Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Houston, Texas.

AI Analysis | Feedback

Goldman Sachs, but for taking one private company public via merger.

AI Analysis | Feedback

null

AI Analysis | Feedback

Based on the description provided in the background information, Sable Offshore (symbol: SOC) is described as a company that "does not have significant operations" and "intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses."

As such, the company, as described, is a Special Purpose Acquisition Company (SPAC) and currently does not have any major customers.

AI Analysis | Feedback

null

AI Analysis | Feedback

James C. Flores Chairman and Chief Executive Officer

Mr. Flores has served as Chairman and Chief Executive Officer of Sable Offshore Corp. since September 2021. He is also a Co-Founder of Sable Offshore Corp.. Since 1982, Mr. Flores has had an extensive career in the oil and gas industry, serving as Chairman, Chief Executive Officer, and President for five exploration and production companies, four of which were listed on the New York Stock Exchange. He led Flores & Rucks, Inc., which later became Ocean Energy Inc., and was subsequently sold to Devon Energy. In 2001, he became Chairman and CEO of Plains Resources Inc., where the E&P assets were spun off into Plains Exploration & Production Company (PXP). Mr. Flores served as Chairman, CEO, and President of PXP for over 10 years until its $6.9 billion acquisition by Freeport-McMoRan in 2013. He also served as Chairman and CEO of Sable Permian Resources, LLC from 2017 to 2021, a company that filed for bankruptcy in 2020 and emerged in 2021.

Gregory D. Patrinely Executive Vice President and Chief Financial Officer

Mr. Patrinely has served as Executive Vice President and Chief Financial Officer of Sable Offshore Corp. since September 2021. He has over 15 years of leadership, finance, and operations experience in the E&P sector. From June 2018 until February 2021, Mr. Patrinely served as Executive Vice President and Chief Financial Officer of Sable Permian, which filed for Chapter 11 bankruptcy in 2020 and emerged in 2021 during his tenure. Prior to that, he was Treasurer for Sable Permian, focusing on financial analysis, refinancing, restructuring, and acquisition efforts. Mr. Patrinely also served as a Manager in the Acquisitions & Divestments Group of Freeport-McMoRan Oil & Gas (FMOG) and Plains Exploration & Production Company (PXP), where he managed the execution of financings, mergers, acquisitions, and divestments. He also previously served as CFO of Flame Acquisition Corp..

J. Caldwell Flores President and Chief Operating Officer

Mr. Flores has served as President and Chief Operating Officer of Sable Offshore Corp. since November 2025, having previously served as President since March 2023. He also served as President of Sable Minerals, Inc., a private oil and gas company based in Houston, where he oversaw daily operations, administration, and provided investment analysis.

Anthony C. Duenner Executive Vice President, General Counsel and Secretary

Mr. Duenner has served as Executive Vice President, General Counsel & Secretary of Sable Offshore Corp. since March 2023. He brings over 35 years of diverse legal and commercial energy experience. From May 2017 until February 2021, Mr. Duenner served as Vice President, Corporate Development of Sable Permian Resources, LLC.

Doss R. Bourgeois Vice Chairman of the Board

Mr. Bourgeois transitioned to Vice Chairman in November 2025. He has decades of experience in offshore oil and gas operations, including leadership roles at Freeport-McMoRan Oil & Gas and Plains Exploration.

AI Analysis | Feedback

The key risks to Sable Offshore (SOC) are:

  1. Legal and Regulatory Hurdles: Sable Offshore faces significant legal and regulatory challenges, particularly regarding its pipeline operations. An upheld injunction on the Las Flores Canyon onshore pipelines is currently restricting the transportation and sale of oil, directly impacting the company's revenue generation. The company is also facing criminal charges for alleged violations of environmental laws during pipeline repairs. Furthermore, there is a risk of frequent spills if the compromised pipeline is restarted, with a draft Environmental Impact Report projecting a spill annually and a major rupture every four years.
  2. Weak Financial Health and Ongoing Losses: The company exhibits weak financial health, with a low GF Score of 34. It has reported zero revenue growth over the past three years and is experiencing ongoing losses, as evidenced by a negative EPS, ROE, and ROA. Sable Offshore incurred a substantial net loss of US$410.2 million in 2025, primarily due to restart and financing costs. The company has negative cash flows from operations and a high debt-to-equity ratio of 1.77, indicating significant leverage. Delays in selling its production could necessitate another secondary offering to restore cash balances.
  3. Commodity Price Volatility: As an independent oil and gas company, Sable Offshore is inherently exposed to the volatility of commodity prices in the energy sector. Fluctuations in oil and gas prices can significantly impact the company's revenue and profitability.

AI Analysis | Feedback

null

AI Analysis | Feedback

null

AI Analysis | Feedback

Sable Offshore (NYSE: SOC) is poised for significant future revenue growth over the next 2-3 years, driven primarily by the restart and ramp-up of its core asset, the Santa Ynez Unit (SYU), and favorable market dynamics.

The key drivers of future revenue growth for Sable Offshore are:

  1. Restart of Santa Ynez Unit (SYU) Oil and Gas Production: The fundamental driver for Sable Offshore's revenue growth is the recommencement of oil and gas production from the Santa Ynez Unit (SYU) offshore California. This major Pacific offshore project has been dormant for an extended period, and its restart is central to the company's entire business model. Recent federal support, including the reported use of the Defense Production Act, and regulatory approvals are expected to overcome previous state-level blockades, with official "first oil" anticipated by Q3 2026.
  2. Ramp-up of Production Volumes from the SYU: Following the restart, revenue growth will be significantly propelled by the gradual increase in production volumes from the Santa Ynez Unit. Once fully ramped up, the SYU is expected to produce approximately 60,000 barrels of oil equivalent per day (boe/d), with initial estimates ranging from 28,000 to 45,000 boepd. This phased increase in output will directly translate into higher sales volumes and, consequently, greater revenue.
  3. Utilization and Expansion of Midstream Infrastructure: The successful operation of the Santa Ynez Pipeline System is crucial for transporting the produced hydrocarbons. Additionally, Sable Offshore has outlined plans to acquire and upgrade an offshore storage and treating (OS&T) vessel. These infrastructure developments are expected to support production levels exceeding 50,000 barrels of oil per day and enable global oil sales, thereby expanding market access and enhancing revenue generation capabilities.
  4. Favorable Global Oil Price Environment: Rising global oil prices, influenced by geopolitical events, create an urgent need for increased domestic production. This elevated commodity price environment directly enhances the revenue generated per barrel of oil sold, assuming successful production restart and sustained output. Higher prices improve the economic viability of the SYU project and contribute to overall revenue growth.

AI Analysis | Feedback

```html

Share Issuance

  • In 2025, Sable Offshore closed an upsized underwritten public offering of 10,000,000 common shares at $29.50 per share, generating approximately $295.0 million in gross proceeds.
  • The company also completed a private placement in November 2025, issuing 45,454,546 shares of common stock at $5.50 per share for gross proceeds of approximately $250.0 million.
  • Sable Offshore raised $773.8 million in gross equity proceeds during 2024.

Inbound Investments

  • In the fourth quarter of 2025, FourWorld Capital Management LLC acquired over 8 million shares of Sable Offshore Corp. with an estimated transaction value of $73.11 million, establishing a significant new position in the company.

Outbound Investments

  • In February 2024, Sable Offshore completed the acquisition of the Santa Ynez Unit (SYU) offshore oil field and associated onshore facilities from ExxonMobil, a foundational strategic investment for the company.

Capital Expenditures

  • Capital expenditures totaled $417.6 million in the last twelve months of 2025, primarily for infrastructure spending and restart operations at the Santa Ynez Unit.
  • Proceeds from the May 2025 public offering, approximately $295.0 million, were earmarked for capital expenditures, working capital, and general corporate purposes.
  • The primary focus of capital expenditures includes the restart of production at the Santa Ynez Unit, conducting anomaly repairs and hydrotests on pipeline segments, and plans to acquire and upgrade an offshore storage and treating (OS&T) vessel.
```

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SOCAPAMURTALOKOSWTIMedian
NameSable Of.APA Murphy O.Talos En.Kosmos E.W&T Offs. 
Mkt Price13.1237.6640.0114.952.913.9514.04
Mkt Cap1.913.35.72.51.50.62.2
Rev LTM18,6112,7491,7391,3695221,554
Op Inc LTM-4672,990418-124-164-30-77
FCF LTM-7611,481178842-7030104
FCF 3Y Avg-1,161547839-188-5547
CFO LTM-3864,0031,26884224183542
CFO 3Y Avg-3,8381,58984349377843

Growth & Margins

SOCAPAMURTALOKOSWTIMedian
NameSable Of.APA Murphy O.Talos En.Kosmos E.W&T Offs. 
Rev Chg LTM--17.4%-5.1%-15.4%-11.5%1.4%-11.5%
Rev Chg 3Y Avg--3.9%-12.9%5.4%-11.6%-13.6%-11.6%
Rev Chg Q--11.7%8.9%-7.9%27.8%15.5%8.9%
QoQ Delta Rev Chg LTM--3.5%2.2%-2.3%6.3%4.0%2.2%
Op Inc Chg LTM-130.1%-11.4%-36.4%-183.3%-164.9%40.7%-83.3%
Op Inc Chg 3Y Avg-912.1%-11.8%-39.6%-92.3%-83.8%-139.2%-88.1%
Op Mgn LTM-36,761.7%34.7%15.2%-7.1%-12.0%-5.7%-6.4%
Op Mgn 3Y Avg-35.0%22.1%5.8%15.8%-4.0%15.8%
QoQ Delta Op Mgn LTM-3.8%-0.7%-1.2%9.0%4.8%3.8%
CFO/Rev LTM-30,369.1%46.5%46.1%48.4%17.6%15.9%31.9%
CFO/Rev 3Y Avg-42.2%52.4%46.3%30.7%14.6%42.2%
FCF/Rev LTM-59,902.5%17.2%6.5%48.4%-5.1%5.8%6.1%
FCF/Rev 3Y Avg-12.8%17.5%46.0%-11.9%-0.8%12.8%

Valuation

SOCAPAMURTALOKOSWTIMedian
NameSable Of.APA Murphy O.Talos En.Kosmos E.W&T Offs. 
Mkt Cap1.913.35.72.51.50.62.2
P/S1,483.11.52.11.41.11.11.5
P/Op Inc-4.04.513.7-20.4-9.0-19.6-6.5
P/EBIT-4.84.320.4-3.3-2.8-12.3-3.1
P/E-3.88.768.0-3.4-1.8-4.1-2.6
P/CFO-4.93.34.53.06.17.13.9
Total Yield-26.4%14.2%4.8%-29.4%-55.3%-23.1%-24.8%
Dividend Yield0.0%2.7%3.3%0.0%0.0%1.0%0.5%
FCF Yield 3Y Avg-11.1%10.0%40.3%-13.3%-1.5%10.0%
D/E0.50.30.40.52.00.60.5
Net D/E0.50.30.30.31.90.40.4

Returns

SOCAPAMURTALOKOSWTIMedian
NameSable Of.APA Murphy O.Talos En.Kosmos E.W&T Offs. 
1M Rtn2.1%5.9%9.1%-0.3%5.8%6.7%5.9%
3M Rtn-7.4%16.3%19.9%13.1%13.7%28.5%15.0%
6M Rtn133.9%46.4%25.9%29.0%167.0%119.5%82.9%
12M Rtn-46.4%112.0%85.8%86.4%53.2%139.1%86.1%
3Y Rtn5.7%26.3%16.8%8.1%-56.6%-0.8%6.9%
1M Excs Rtn1.3%3.0%4.5%-0.7%-0.2%2.7%2.0%
3M Excs Rtn-16.4%7.4%10.9%4.1%4.7%19.6%6.0%
6M Excs Rtn149.3%35.3%17.5%18.9%164.0%112.7%74.0%
12M Excs Rtn-68.2%95.1%69.4%65.0%40.7%126.3%67.2%
3Y Excs Rtn-69.7%-43.7%-49.9%-58.5%-128.4%-68.6%-63.5%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil2025202320222021
Oil and gas0   
Total0   


Assets by Segment
$ Mil2025202320222021
Oil and gas1,583712291288
Total1,583712291288


Price Behavior

Price Behavior
Market Price$13.12 
Market Cap ($ Bil)1.9 
First Trading Date02/15/2024 
Distance from 52W High-58.6% 
   50 Days200 Days
DMA Price$14.07$13.15
DMA Trenddownup
Distance from DMA-6.8%-0.2%
 3M1YR
Volatility87.6%141.4%
Downside Capture-139.29186.35
Upside Capture-119.9761.05
Correlation (SPY)-19.1%9.7%
SOC Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta-3.09-2.80-2.48-0.230.94-0.31
Up Beta-3.16-3.10-3.65-3.13-0.542.85
Down Beta-8.17-4.880.300.391.641.16
Up Capture-88%-120%-66%254%34%92%
Bmk +ve Days13283667141432
Stock +ve Days10203464115276
Down Capture-364%-445%-788%-152%147%104%
Bmk -ve Days7132757109318
Stock -ve Days10212960134288

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOC
SOC-43.0%141.2%0.24-
Sector ETF (XLE)47.3%20.5%1.7821.8%
Equity (SPY)26.2%12.1%1.639.7%
Gold (GLD)28.6%26.9%0.912.5%
Commodities (DBC)37.4%19.0%1.5419.5%
Real Estate (VNQ)11.0%13.4%0.53-5.1%
Bitcoin (BTCUSD)-40.1%42.4%-1.0916.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOC
SOC1.3%111.6%0.52-
Sector ETF (XLE)21.0%26.0%0.7227.5%
Equity (SPY)13.5%17.1%0.6221.7%
Gold (GLD)17.4%18.1%0.784.4%
Commodities (DBC)9.3%19.4%0.3722.3%
Real Estate (VNQ)2.6%18.8%0.049.7%
Bitcoin (BTCUSD)10.7%54.6%0.3913.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOC
SOC0.7%111.6%0.52-
Sector ETF (XLE)10.1%29.6%0.3827.5%
Equity (SPY)15.3%17.9%0.7321.7%
Gold (GLD)13.1%16.0%0.684.4%
Commodities (DBC)7.1%18.0%0.3222.3%
Real Estate (VNQ)5.4%20.7%0.239.7%
Bitcoin (BTCUSD)62.6%66.9%1.0213.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5152026
Short Interest: Shares Quantity24.9 Mil
Short Interest: % Change Since 4302026-0.4%
Average Daily Volume2.8 Mil
Days-to-Cover Short Interest8.9 days
Basic Shares Quantity143.7 Mil
Short % of Basic Shares17.4%

Earnings Returns History

Updated 6/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-4.3%-2.2%-8.7%
2/27/20264.2%74.2%116.2%
11/13/2025-28.9%-27.7%-7.8%
8/12/2025-2.1%-1.0%-15.5%
3/17/20250.9%2.1%-22.0%
11/14/2024-8.2%2.4%-2.9%
8/13/20246.3%4.0%44.9%
5/15/202413.6%3.2%19.8%
SUMMARY STATS   
# Positive453
# Negative435
Median Positive5.3%3.2%44.9%
Median Negative-6.3%-2.2%-8.7%
Max Positive13.6%74.2%116.2%
Max Negative-28.9%-27.7%-22.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/27/202610-K
09/30/202511/13/202510-Q
06/30/202508/12/202510-Q
03/31/202505/09/202510-Q
09/30/202411/14/202410-Q
06/30/202408/13/202410-Q
12/31/202303/28/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/15/202310-Q
12/31/202203/31/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202205/16/202210-Q
12/31/202104/04/202210-K

Insider Activity

Updated 5/8/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Flores, James CaldwellPresident, COODirectSell430202613.5639,311533,2107,632,949Form
2Patrinely, Gregory DEVP, CFODirectSell430202613.5639,311533,2107,632,949Form
3Duenner, AnthonySee RemarksDirectSell430202613.5639,312533,2248,014,420Form
4Flores, James CChairman & CEODirectSell430202613.5668,792933,088110,866,720Form
5Flores, James CaldwellPresident, COODirectSell430202613.3340,743543,0556,691,737Form
Core Cache Last Updated: 6/8/2026