Sable Offshore Corp. ("Sable" or the "Company") (NYSE:SOC) today provided an update regarding its ongoing litigation with the California Coastal Commission ("Coastal Commission"). In the Santa Barbara Superior Court's tentative ruling released on October 14, 2025, the court indicated that it will deny Sable's claims against the Coastal Commission. Sable vigorously disagrees with the court's tentative ruling. If adopted after the court's hearing scheduled on October 15, the ruling would have no impact on the resumption of petroleum transportation through the Las Flores Pipeline System. Additionally, oil and gas production from the federal Santa Ynez Unit and the flow of petroleum from the Sa

Sable Offshore Corp. ("Sable" or the "Company")(NYSE:SOC) in its ongoing case, Sable Offshore Corp., et al. v. California Coastal Commission, et al., is filing a motion today requesting leave to amend the current lawsuit to quantify monetary damages in its inverse condemnation claim against the California Coastal Commission (the "Commission"). In November 2024, the Commission issued an Executive Director Cease and Desist Order ordering Sable to cease its anomaly repair program, with which Sable complied. In February 2025, upon receiving confirmation that the anomaly repair program on the Las Flores Pipeline System was authorized by existing permits issued by the County of Santa Barbara unde

Sable Offshore Corp. ("Sable" or the "Company")(NYSE: SOC) has submitted its formal Request for Approval of Restart Plans to the California Office of the State Fire Marshal ("OSFM") for the Las Flores Pipeline System (the "Onshore Pipeline"). As conditions precedent, the Company satisfied all operational conditions to resume petroleum transportation through the Onshore Pipeline as set forth in the Federal Consent Decree, clearing the way for approval of Sable's Restart Plans by the OSFM. Among these satisfied conditions are anomaly repairs, safety valve installations, control room enhancements, and the production of all supporting documentation and analyses. Today, in its updated investor p

Sable continues to lawfully work with all state and federal agencies to work towards a successful restart of Lines 324 and 325. Concerning our legal and established pipeline's right of way and the work conducted within previously disturbed soil, we have been and continue to work with the appropriate agencies to align interpretations in the handling of backfill soil during the repair and maintenance process. We are fully cooperating and compliant with the Regional Water Quality Control Board and the California Department of Fish and Wildlife requirements. The allegations from the Santa Barbara County District Attorney's Office are inflammatory and extremely misleading. All of the repairs and

Sable Offshore Corp. ("Sable," or the "Company")(NYSE:SOC) today announced its second quarter 2025 operational and financial results. Second Quarter 2025 Operational Highlights On May 19, 2025, the Company announced that as of May 15, 2025, it had restarted production at the Santa Ynez Unit ("SYU") and begun flowing oil production to Las Flores Canyon. Additionally, on May 19, 2025 the Company announced that it completed its anomaly repair program on the Las Flores Pipeline System (the "Onshore Pipeline") as specified by the Consent Decree, the governing document for the restart and operations of the Onshore Pipeline. On May 28, 2025 Sable announced that it successfully completed

Sable Offshore Corp. ("Sable" or the "Company") (NYSE:SOC) today announced the closing of its previously announced upsized underwritten public offering of 10,000,000 shares of its common stock at the public offering price of $29.50 per share. The shares of common stock sold include 1,304,346 shares pursuant to the option to purchase additional shares granted by the Company to the underwriters, which option was exercised in full. The gross proceeds from the offering, before deducting discounts and commissions and estimated expenses of the offering, were approximately $295.0 million. The Company intends to use net proceeds of the offering for capital expenditures, working capital purposes an

Sable Offshore Corp. ("Sable" or the "Company") (NYSE:SOC) today announced the pricing of its previously announced underwritten public offering of 8,695,654 shares of its common stock, $0.0001 par value ("common stock"), by the Company at a price to the public of $29.50 per share. The size of the offering was increased from the previously announced offering of $200.0 million of shares of common stock. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,304,346 shares of common stock at the public offering price from the Company. The gross proceeds from the offering, before deducting underwriting discounts and commissio

Sable Offshore Corp. ("Sable" or the "Company") (NYSE:SOC) today announced the commencement of an underwritten public offering of $200,000,000 of shares of its common stock, $0.0001 par value ("common stock"), by the Company. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional $30,000,000 of shares of common stock from the Company. The Company intends to use net proceeds of the offering for capital expenditures, working capital purposes and general corporate purposes. The offering is subject to general market conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the size or terms of the offer

Sable Offshore Corp. ("Sable," or the "Company")(NYSE:SOC) today announced that as of May 15, 2025, it has restarted production at the Santa Ynez Unit ("SYU") and has begun flowing oil production to Las Flores Canyon ("LFC"). Additionally, with the completion of the Gaviota State Park anomaly repairs on the Las Flores Pipeline System (the "Onshore Pipeline") on May 18, 2025, Sable has now completed its anomaly repair program on the Onshore Pipeline as specified by the Consent Decree, the governing document for the restart and operations of the Onshore Pipeline. Seven of the eight sections of the Onshore Pipeline have been successfully hydrotested. Sable will complete the final hydrotest in

Sable Offshore Corp. ("Sable," or the "Company")(NYSE:SOC) today announced its first quarter 2025 financial and operational results. First Quarter 2025 Financial Highlights Reported a net loss of $109.5 million, primarily attributable to production restart related operating expenses, non-cash interest expense, and a non-cash change in fair value of warrant liabilities. Ended the quarter with 89,338,358 shares of Common Stock outstanding. Concluded the quarter with outstanding debt of $854.6 million, inclusive of paid-in-kind interest, additional principal incurred from the debt amendment, and debt issuance costs. Ended the quarter with cash and cash equivalents balance of $189.0 mi

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ROTH MKM initiated coverage of Sable Offshore Corp. with a rating of Buy and set a new price target of $30.00

Pickering Energy Partners initiated coverage of Sable Offshore Corp. with a rating of Outperform

Johnson Rice initiated coverage of Sable Offshore Corp. with a rating of Buy and set a new price target of $30.00

BWS Financial initiated coverage of Sable Offshore Corp. with a rating of Sell and set a new price target of $6.00

Jefferies initiated coverage of Sable Offshore Corp. with a rating of Buy and set a new price target of $19.00

The Benchmark Company initiated coverage of Sable Offshore Corp. with a rating of Buy and set a new price target of $24.00

TD Cowen initiated coverage of Sable Offshore Corp. with a rating of Outperform and set a new price target of $20.00

8-K - Sable Offshore Corp. (0001831481) (Filer)

8-K - Sable Offshore Corp. (0001831481) (Filer)

SCHEDULE 13G/A - Sable Offshore Corp. (0001831481) (Subject)

8-K - Sable Offshore Corp. (0001831481) (Filer)

8-K - Sable Offshore Corp. (0001831481) (Filer)

8-K - Sable Offshore Corp. (0001831481) (Filer)

10-Q - Sable Offshore Corp. (0001831481) (Filer)

SCHEDULE 13G/A - Sable Offshore Corp. (0001831481) (Subject)

SCHEDULE 13G - Sable Offshore Corp. (0001831481) (Subject)

8-K - Sable Offshore Corp. (0001831481) (Filer)

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SC 13G/A - Sable Offshore Corp. (0001831481) (Subject)

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SC 13G/A - Sable Offshore Corp. (0001831481) (Subject)

SC 13G/A - Sable Offshore Corp. (0001831481) (Subject)

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SC 13D/A - Sable Offshore Corp. (0001831481) (Subject)

SC 13G - Sable Offshore Corp. (0001831481) (Subject)

SC 13G - Sable Offshore Corp. (0001831481) (Subject)