Both in Oil & Gas Extraction
Sable Offshore vs Ring Energy
Over the past year SOC returned −62.2% and REI returned +50.1%; their daily moves had a correlation of 0.30.
SOC −62.2% REI +50.1%Growth of $1, one year, split-adjusted
| Metric | SOC | REI |
|---|---|---|
| Price | $2.75 | $1.43 |
| Market cap | $527.6M | $372.6M |
| Today | −4.51% | +0.70% |
| 1 month | −16.4% | +8.3% |
| 6 months | −80.5% | −21.4% |
| Year to date | −69.5% | +64.4% |
| 1 year | −79.3% | +46.4% |
| Revenue growth (YoY) | — | +26.7% |
| Gross margin | 100.0% | 100.0% |
| Net margin | −46.8% | 61.9% |
| P/E (TTM) | — | — |
| Price / sales | 3.8× | 1.2× |
| Net cash | -$947.2M | -$361.6M |
| Dividend yield | — | — |
| Volatility (60d) | 76.3% | 39.9% |
| Short % of float | 35.9% | 4.2% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).