Both in Oil & Gas Extraction
Ring Energy vs Sable Offshore
Over the past year REI returned +30.6% and SOC returned −66.4%; their daily moves had a correlation of 0.31.
REI +30.6% SOC −66.4%Growth of $1, one year, split-adjusted
| Metric | REI | SOC |
|---|---|---|
| Price | $1.20 | $1.98 |
| Market cap | $312.6M | $379.9M |
| Today | −6.98% | −20.16% |
| 1 month | −10.4% | −44.5% |
| 6 months | −33.3% | −85.2% |
| Year to date | +37.9% | −78.0% |
| 1 year | +26.0% | −72.8% |
| Revenue growth (YoY) | +26.7% | — |
| Gross margin | 100.0% | 100.0% |
| Net margin | 61.9% | −46.8% |
| P/E (TTM) | — | — |
| Price / sales | 1.0× | 2.7× |
| Net cash | -$361.6M | -$947.2M |
| Dividend yield | — | — |
| Volatility (60d) | 47.2% | 87.3% |
| Short % of float | 4.2% | 35.9% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).