Comparing Hong Kong and China Gas (OTCMKTS:HOKCY) & Sable Offshore (NYSE:SOC)

Hong Kong and China Gas (OTCMKTS:HOKCY) and Sable Offshore (NYSE:SOC) are both utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.

Profitability

This table compares Hong Kong and China Gas and Sable Offshore’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hong Kong and China Gas	N/A	N/A	N/A
Sable Offshore	N/A	-319.58%	-39.11%

Institutional and Insider Ownership

26.2% of Sable Offshore shares are held by institutional investors. 14.3% of Sable Offshore shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and target prices for Hong Kong and China Gas and Sable Offshore, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hong Kong and China Gas	0	0	0	0	0.00
Sable Offshore	1	0	5	0	2.67

Sable Offshore has a consensus price target of $25.00, indicating a potential upside of 0.36%. Given Sable Offshore’s stronger consensus rating and higher probable upside, analysts clearly believe Sable Offshore is more favorable than Hong Kong and China Gas.

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hong Kong and China Gas	$7.28 billion	1.90	$788.99 million	N/A	N/A
Sable Offshore	N/A	N/A	-$32.18 million	N/A	N/A

Hong Kong and China Gas has higher revenue and earnings than Sable Offshore.

Volatility and Risk

Hong Kong and China Gas has a beta of 0.38, suggesting that its share price is 62% less volatile than the S&P 500. Comparatively, Sable Offshore has a beta of 0.32, suggesting that its share price is 68% less volatile than the S&P 500.

About Hong Kong and China Gas

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities. The company develops new energy projects that are low in emissions and pollution, which includes clean coal chemical business, liquefaction of methane, etc., as well as supplies town gas. It also provides network connectivity, data center, and ICT services, as well as engineering, procurement, and construction services. In addition, the company offers consultancy and engineering contractor services, including utilities installation, infrastructure construction, and civil and building services engineering for public and private projects; and designs and manufactures gas meters and metering systems. Further, it is involved in water supply, and domestic sewage and industrial wastewater treatment activities. Additionally, the company manufactures polyethylene piping and fittings; as well as engages in the software development, solution implementation, and systems integration activities. The Hong Kong and China Gas Company Limited was founded in 1862 and is headquartered in North Point, Hong Kong.

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.