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SC 13G/A ·Filed Oct 8, 2026

SOC

Sable Offshore Corp.
NEUTRAL
Impact 3/10
Horizonweeks Processed18d 1h ago SEC0001172661-26-004451
Passive stake amendment
Actionable Insight • Neutral

Monitor for any future conversion to Schedule 13D or increased activism, which would signal a change in investment strategy. No immediate catalyst from this passive filing.

DirectionNeutral
Confidencemedium
Horizonweeks
Latest settled — T+5d
SOC ▼ -10.75% at T+5d
NEUTRAL call -10.75% · α vs SPY -8.79% · entry $3.72 → $3.32
Next anchor: T+20d in 10d
Latest observation: T+10 -10.04% FF3 residual α
Entry = T+0 close
Oct 8, 2026
via day close
T+1d
+0.27%
call +0.27% · α +0.33%
$3.73
settled 17d ago
T+5d
-10.75%
call -10.75% · α -8.79%
$3.32
settled 11d ago
T+20d
Pending
in 10d
T+60d
Pending
in 2mo

Price Chart

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Executive Summary

Encompass Capital Advisors LLC and related entities filed an amended Schedule 13G on October 8, 2026, disclosing a 6.29% passive stake in Sable Offshore Corp. (12,063,568 shares). The filing confirms a passive investment intent with no control-related purpose.

Key Financial Metrics

Stake
6.29%
Investor
Encompass Capital Advisors LLC
Investor Type
hedge fund

Key Facts

  • Encompass Capital Advisors LLC reported beneficial ownership of 12,063,568 shares, representing 6.29% of Sable Offshore Corp. common stock.
  • Encompass Capital Master Fund L.P. holds 10,894,822 shares (5.68%).
  • The filing is an amendment to a prior Schedule 13G, indicating a passive investment stance.
  • No prior stake percentage was provided in the document for comparison, so direction of change cannot be determined.

Financial Impact

No financial impact disclosed; passive stake disclosure only.

Risk Factors

  • Potential future activist intent if Encompass converts to a 13D filer.
  • No visibility into cost basis or exit strategy from this filing alone.

Investment Themes

Traditional Energy

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
SC 13G/A Filing (Primary)0001172661-26-004451
Document: 0001172661-26-004451-index.html0001172661-26-004451
Document: 0001172661-26-004451.txt0001172661-26-004451
14 reports for SOC
Performance horizon
75% Hit rate @ T+60 6 of 8 directional calls Went positive at some point 6 of 8 best @ T+60▲ +66.21%Apr 29, 2026
Filters
Rows
Reports for SOC — sortable, filterable
TypeNow
Oct 19, 2026
7d ago
SC 13G
NEUTRAL ★ 3/10
$3.19awaiting T+60—$3.13 (−1.88%)
Oct 8, 2026
18d ago
SC 13G/A
NEUTRAL ★ 3/10
$3.72awaiting T+60—$3.13 (−15.86%)
Jul 1, 2026
16w ago
424B5
BEARISH ★ 7/10
$4.25 $3.97▲ +6.59%▲ +9.60%$3.13 (+26.35%)
Jul 1, 2026
16w ago
424B5
BEARISH ★ 7/10
$4.40 $3.97▲ +9.77%▲ +12.73%$3.13 (+28.86%)
Jun 30, 2026
16w ago
424B5
BEARISH ★ 7/10
$3.08 $4.15▼ −34.74%▼ −31.18%$3.13 (−1.62%)
Jun 30, 2026
16w ago
424B5
BEARISH ★ 6/10
$3.08 $4.15▼ −34.74%▼ −31.18%$3.13 (−1.62%)
Jun 22, 2026
18w ago
8-K
MIXED ★ 6/10
$9.37 $4.96▼ −47.07%▼ −48.81%$3.13 (−66.60%)
Jun 17, 2026
18w ago
Court Ruling
BEARISH ★ 7/10
$10.25 $5.17▲ +49.56%▲ +52.71%$3.13 (+69.46%)
Jun 16, 2026
18w ago
8-K
NEUTRAL ★ 5/10
$9.99 $4.92▼ −50.75%▼ −51.75%$3.13 (−68.67%)
May 6, 2026
24w ago
8-K
BEARISH ★ 7/10
$12.83 $4.82▲ +62.43%▲ +66.26%$3.13 (+75.60%)
Showing 10 of 14

US Market Status

Market Closed — Opens Tue (16h)

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Report published Oct 8, 2026