Sable Offshore (NYSE:SOC) versus ENI (NYSE:E) Critical Comparison

Sable Offshore (NYSE:SOC) and ENI (NYSE:E) are both oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, earnings, analyst recommendations, risk, profitability, valuation and institutional ownership.

Institutional & Insider Ownership

26.2% of Sable Offshore shares are owned by institutional investors. Comparatively, 1.2% of ENI shares are owned by institutional investors. 14.3% of Sable Offshore shares are owned by insiders. Comparatively, 0.0% of ENI shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Sable Offshore and ENI, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sable Offshore	0	0	3	0	3.00
ENI	0	3	4	0	2.57

Sable Offshore presently has a consensus target price of $25.33, suggesting a potential upside of 14.11%. ENI has a consensus target price of $39.60, suggesting a potential upside of 23.56%. Given ENI’s higher possible upside, analysts clearly believe ENI is more favorable than Sable Offshore.

Risk and Volatility

Sable Offshore has a beta of 0.26, suggesting that its stock price is 74% less volatile than the S&P 500. Comparatively, ENI has a beta of 0.96, suggesting that its stock price is 4% less volatile than the S&P 500.

Profitability

This table compares Sable Offshore and ENI’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Sable Offshore	N/A	-451.70%	-51.62%
ENI	4.21%	11.84%	4.53%

Valuation and Earnings

This table compares Sable Offshore and ENI”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Sable Offshore	N/A	N/A	-$32.18 million	N/A	N/A
ENI	$91.59 billion	0.59	$5.16 billion	$2.32	13.81

ENI has higher revenue and earnings than Sable Offshore.

Summary

ENI beats Sable Offshore on 8 of the 11 factors compared between the two stocks.

About Sable Offshore

Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is based in Houston, Texas.

About ENI

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipeline; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and mobility services. Further, it engages in the retail marketing of gas, electricity, and related services; production and wholesale sale of electricity from thermoelectric and renewable plants; and provision of services for E-mobility. The company was founded in 1953 and is headquartered in Rome, Italy.