SOC
$16.28-0.86 (-5.02%)
Sable Offshore Corp.
Recent News
Regulatory Clash Over Pipelines Puts Sable Offshore Restart In Focus
Sable Offshore (NYSE:SOC) is in an intensifying legal and regulatory clash with federal authorities and the state of California over control of key offshore pipelines tied to the Santa Ynez Unit. The federal government has used emergency powers to push for a restart of oil production, while California regulators have moved to assert jurisdiction, order removal of certain pipeline sections, and file lawsuits. A federal court has ordered disclosure of internal government deliberations around...
The Trump Administration Ordered a Previously Shut-Down Oil Pipeline Reopened in California. Here's What Investors Need to Know About the Company that Owns It.
The U.S. is taking more steps to add oil supplies to a constrained market.
Sable Offshore runs into a California Line 325 chokepoint
Sable Offshore (SOC) is trading more like a regulatory battle than a normal oil stock.That is the clearest way to read the latest fight over Line 325, a section of pipeline tied to the company’s Santa Ynez restart plan. Through the plan, the U.S. Department of Energy is forcing reactivation of ...
Sable Offshore (SOC) Resumes Oil Transportation Through Santa Ynez
Sable Offshore Corp. (NYSE:SOC) is included among The $200 Oil Playbook: 10 Energy Stocks Positioned to Outperform as the Strait Remains Closed. Sable Offshore Corp. (NYSE:SOC) is an independent upstream company focused on developing the prolific Santa Ynez Unit in federal waters offshore California. Sable Offshore Corp. (NYSE:SOC) has been in a fiery dispute with […]
Sector Update: Energy Stocks Rise Late Afternoon
Energy stocks advanced late Monday afternoon, with the NYSE Energy Sector Index up 0.6% and the Stat