Kontrarian Korner's Ben Kelleran on Sable Offshore $SOC (podcast #318)
In this episode of Yet Another Value Podcast, host Andrew Walker speaks with Ben Kelleran of Kontrarian Korner to discuss Sable Offshore, a company attempting to revive the Santa Ynez oil unit off the California coast. They explore the high-stakes nature of this investment, dissect the complex legal battles with California regulators, and assess the upside potential of the project if full production is achieved. The conversation covers Sable's SPAC history, economics, leadership, refinancing plans, and what needs to happen for the company to fully restart operations and generate significant returns. (Note: right after we recorded this, Ben published an updated note with his thoughts here)
This podcast is brought to you by Daloopa.
Daloopa automates your model updates with AI—delivering every KPI, guidance figure, and footnote directly into your format, with source links included. No more late nights scrubbing filings or adjusting templates. Just clean, audit-ready data in seconds.
Book a demo with our team today → Daloopa.com/demo
Please follow the podcast on Spotify, iTunes, or most other podcast players, as well as on YouTube if you prefer video! And please be sure to rate / review the podcast if you enjoy it, or share it with someone else who would enjoy it (more listeners is a critical part of the flywheel that keeps this Substack and podcast going!).
Disclaimer: Nothing on this podcast or on this blog is investing or financial advice; please see our full disclaimer here. The transcript below is from a third party transcription service; it’s entirely possible there are some errors in the transcript
Transcript for paid subs begins below