tiprankstipranks
Trending News
More News >

Sable Offshore Faces Court Order Halting Pipeline Restart

Story Highlights
Sable Offshore Faces Court Order Halting Pipeline Restart

Don’t Miss TipRanks’ Half-Year Sale

Sable Offshore ( (SOC) ) has provided an announcement.

On June 3, 2025, a Santa Barbara County Superior Court Judge issued temporary restraining orders against Sable Offshore Corp., preventing the company from restarting oil transportation through the Las Flores Pipeline System. This legal action, initiated by environmental groups, delays Sable’s operations and pushes their target for first sales to August 1, 2025.

The most recent analyst rating on (SOC) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Sable Offshore stock, see the SOC Stock Forecast page.

More about Sable Offshore

Average Trading Volume: 2,173,185

Technical Sentiment Signal: Buy

Current Market Cap: $2.86B

See more insights into SOC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1