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Sable Offshore ( (SOC) ) has shared an update.
On November 26, 2025, Sable Offshore Corp. informed the Pipeline and Hazardous Materials Safety Administration (PHMSA) that its pipeline connecting the Santa Ynez Unit to the Pentland Station terminal in Kern County, CA, qualifies as an interstate pipeline facility under the Pipeline Safety Act. The company is seeking PHMSA’s agreement and guidance on transitioning regulatory oversight from the California Office of the State Fire Marshal to PHMSA. This move is part of Sable Offshore’s dual option offtake strategy, which includes resuming petroleum transportation through its onshore pipeline facilities and utilizing offshore storage and treating vessels to access broader markets.
The most recent analyst rating on (SOC) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Sable Offshore stock, see the SOC Stock Forecast page.
More about Sable Offshore
Sable Offshore Corp. operates in the energy sector, focusing on offshore storage and treating vessel strategies to facilitate the transportation of federal crude oil to domestic and global markets.
Average Trading Volume: 6,702,798
Technical Sentiment Signal: Sell
Current Market Cap: $633.5M
For an in-depth examination of SOC stock, go to TipRanks’ Overview page.