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The latest announcement is out from Sable Offshore ( (SOC) ).
On July 9, 2025, the Santa Barbara County Superior Court denied Sable Offshore Corp.’s motion to stay the California Coastal Commission’s Cease and Desist Order related to maintenance work in the coastal zone. Sable has filed a Notice of Appeal against a previous court order and continues its operations at the Santa Ynez Unit, anticipating approval to restart the Las Flores Pipeline System with first oil sales expected on August 1, 2025.
The most recent analyst rating on (SOC) stock is a Buy with a $37.00 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 the production and maintenance of offshore oil assets. The company is involved in the extraction and processing of crude oil, with operations centered around the Santa Ynez Unit and related infrastructure, such as the Las Flores Pipeline System.
Average Trading Volume: 2,569,659
Technical Sentiment Signal: Hold
Current Market Cap: $2.16B
Learn more about SOC stock on TipRanks’ Stock Analysis page.