Both in Oil & Gas Extraction

Sable Offshore vs Ranger Energy Services

Over the past year SOC returned −66.4% and RNGR returned −0.3%; their daily moves had a correlation of 0.17.

SOC −66.4% RNGR −0.3%Growth of $1, one year, split-adjusted
MetricSOCRNGR
Price$1.98$13.57
Market cap$379.9M$321.7M
Today−20.16%−3.07%
1 month−44.5%−13.3%
6 months−85.2%−17.5%
Year to date−78.0%−2.9%
1 year−72.8%−2.2%
Revenue growth (YoY)—+25.5%
Gross margin100.0%19.2%
Net margin−46.8%3.9%
P/E (TTM)—22.5×
Price / sales2.7×0.5×
Net cash-$947.2M-$19.5M
Dividend yield—1.77%
Volatility (60d)87.3%32.6%
Short % of float35.9%2.6%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).