Jason Strom

$SOC Theory of the month Incoming #Undefeated #Undisputed

@SLORocker I don't think anyone does. And I do appreciate your input and reading what you share, don't stop.

Hey all you $soc bulls who think I’m the Anti-Christ: I own several oil/gas-related stocks like SLB, CVX, RIG, VG & SSL but am gonna need a lot more convincing to go long Sable. Happy Friday & good luck.

Public comment period won’t stop federally mandated flows. $SOC

“CA oil production has dropped dramatically in recent decades forcing dozens of refineries to close, leaving the state to become more dependent on foreign oil.” Thank you, @POTUS for rescuing California from disastrous energy subtraction policies.

Oil flow resumes after years of inactivity. A long-dormant California pipeline is reportedly back online following a new order.

@ThisGuyPucks @Bkclaims Let's throw in the Feds giving it a loan as well

@Bkclaims what is their EBITDA margin? if you assume 40% and forward NTM EBITDA is ~$1.4B at strip then that is about $550mm EBITDA. $3.5B EV means they are trading at nearly 6.5x. Isn't that pretty rich compared to other opportunities?

Sable Offshore - $SOC - is probably the cleanest setup in the market right now. You don’t need to overcomplicate this. Call it ~50,000 barrels/day. At $100 oil that’s ~$5mm/day of revenue, ~$1.8bn/year. And this isn’t some remote, politically unstable production - this is US based oil. Lower transport friction, higher reliability, and in this environment, a real strategic premium. Even if you haircut that - lower realized prices, execution risk, whatever - you’re still staring at a business that can support a much higher valuation than where it trades today. You don’t need hero assumptions to get to $30–$50+. That’s just a reasonable outcome if this plays out. Now layer on what the market doesn't totally understand yet - is still digesting - the legal side. The federal administration is operating in one of the strongest lanes of executive authority: energy + national security. Under the Youngstown framework, when the President is acting with congressional backing (explicit or implied), that’s peak authority. Courts defer heavily in that zone, especially when it touches domestic production and strategic resources. Federal power here preempts state-level resistance. That’s not controversial. States can fight it, sure, but from a probability standpoint it’s a very uphill battle, and mostly just a drain on taxpayer money. So you have: 1.) A real asset with clear cash flow potential 2.) A policy regime that directly favors it 3.) A legal setup where the federal government is very likely to win And the market is still debating whether this is “okay” instead of recognizing that it’s happening. You don’t make money by being right philosophically. You make money by recognizing when the rules have changed and moving faster than everyone else. This is one of those moments. Long $SOC.

In California, electricity prices are 2x HIGHER and gas prices are nearly $2 MORE than the national average. The math ain't mathin'... foxnews.com/media/oil-ceo-…

$SOC is approaching 50% short interest, placing it among the most heavily shorted names in the market. At these levels, the setup becomes increasingly asymmetric and the chance of a squeeze increases, especially if oil continues to trend higher.

$SOC looks like low hanging fruit. Experts seem to agree that courts will uphold the invocation of the DPA. Trump also has reason to press: SOC dampens energy prices and you get the optics of sticking it to Newscum. New Yorkers call this a twofer.

$SOC

@JasonStrom_ @OsborneCoggs

Real liquid gold doesn’t come in a pot, it comes in a barrel. DRILL, BABY, DRILL.

tldr; Geck said this shits complex, and it has major ramifications, I need more time to figure this shit out...see you all next month

$soc - geck took no action

@investacct2 8:15, or 8:30 PST, something like that

$soc geck hearing link zoomgov.com/j/1613787556?p…

I can hear the Trump 'tweet' clicking and clacking now. Gonna be a banger 💥 Not that we need it, but it'll be funny Good luck Bulls 🫡