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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.