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Sable Offshore ( (SOC) ) just unveiled an announcement.
On September 29, 2025, Sable Offshore Corp. announced an alternative offtake strategy, including an Offshore Storage and Treating Vessel (OS&T) approach to access domestic and global markets for crude oil from the Santa Ynez Unit. The company has submitted a formal request to restart the Las Flores Pipeline System and is working with California authorities to resume petroleum transportation. The OS&T strategy provides flexibility to market production outside California and aims to stabilize local refineries, with expected oil production rates of over 50,000 barrels per day by Q4 2026.
The most recent analyst rating on (SOC) stock is a Buy with a $34.00 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 based in Houston, Texas, focused on the development of the Santa Ynez Unit in federal waters offshore California. The company has extensive experience in safely operating within California.
Average Trading Volume: 3,445,411
Technical Sentiment Signal: Sell
Current Market Cap: $1.97B
For an in-depth examination of SOC stock, go to TipRanks’ Overview page.