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Sable Offshore ( (SOC) ) just unveiled an update.
On December 23, 2025, Sable Offshore Corp. received an emergency special permit from the U.S. Department of Transportation’s Pipeline and Hazardous Material Safety Administration for segments 324 and 325 of the interstate Santa Ynez Pipeline System, authorizing the company to operate those sections under enhanced integrity management practices and specified operational conditions. The approval marks a key regulatory milestone for Sable as it works to restore full transportation of hydrocarbons from the Santa Ynez Unit, which restarted production in May 2025 after a decade-long shutdown but has not yet sold commercial volumes, with oil currently being stored onshore at its Las Flores Canyon facility pending broader resumption of petroleum transportation.
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. is an independent oil and gas company headquartered in Houston, Texas, focused on the responsible development of the Santa Ynez Unit in federal waters offshore California, where its team has extensive experience operating in the state’s regulatory and environmental framework.
Average Trading Volume: 8,449,975
Technical Sentiment Signal: Sell
Current Market Cap: $1.24B
See more insights into SOC stock on TipRanks’ Stock Analysis page.