Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Sable Offshore ( (SOC) ) is now available.
On October 9, 2025, Sable Offshore Corp. updated its Development and Production Plan for the Santa Ynez Unit, submitting it to the U.S. Department of the Interior Bureau of Ocean Energy Management. The update includes plans to use an Offshore Storage and Treating Vessel for oil processing and offloading, as an alternative to the onshore Las Flores Pipeline System, which is still awaiting approval for restart. Delays in the pipeline’s restart may lead Sable to fully adopt its offshore strategy, impacting its operations and market positioning.
The most recent analyst rating on (SOC) stock is a Buy with a $34.00 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 offshore oil industry, focusing on the production and processing of crude oil. The company utilizes offshore processing, storage, and offloading techniques to manage oil production, with a market focus on selling to refineries outside of California.
Average Trading Volume: 3,684,987
Technical Sentiment Signal: Sell
Current Market Cap: $1.98B
For detailed information about SOC stock, go to TipRanks’ Stock Analysis page.