Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Sable Offshore ( (SOC) ) has shared an announcement.
On December 22, 2025, the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) approved Sable Offshore Corp.’s Restart Plan for the Las Flores Pipeline System, covering Line CA-324 and Line CA-325, formerly known as Plains Line 901 and Line 903. The approval, which followed PHMSA’s review of Sable’s fill and startup procedures, requests to remove pressure restrictions, and a field inspection of restart safety processes, clears a key regulatory hurdle for bringing these pipelines back into service, with potential implications for Sable Offshore’s operational capacity, regional oil transport logistics, and its positioning within the regulated U.S. pipeline network.
The most recent analyst rating on (SOC) stock is a Buy with a $20.00 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 infrastructure sector, focusing on offshore-related oil and gas transportation through pipeline systems, including the Las Flores Pipeline System in California.
Average Trading Volume: 7,711,550
Technical Sentiment Signal: Sell
Current Market Cap: $1.13B
Learn more about SOC stock on TipRanks’ Stock Analysis page.