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Sable Offshore (SOC) Continued to Gain This Week. Here is Why

by FeeOnlyNews.com
6 months ago
in Business
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Sable Offshore (SOC) Continued to Gain This Week. Here is Why
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The share price of Sable Offshore Corp. (NYSE:SOC) surged by 9.22% between December 5 and December 12, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Sable Offshore (SOC) Continued to Gain This Week. Here is Why

Sable Offshore Corp. (NYSE:SOC) is an independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California.

Sable Offshore Corp. (NYSE:SOC) continued its upward trajectory following reports that the company is now seeking federal approval to restart its defunct oil and gas pipeline near Santa Barbara after hitting a roadblock with California state authorities. Investors reacted positively after Sable filed a formal request with the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) to shift its Santa Ynez-Pentland Station pipeline from state to federal oversight, as it meets the definition of an interstate pipeline facility under the Pipeline Safety Act.

The company is hopeful that, if approved, the transition will help the line finally restart, given the White House’s support for offshore drilling projects along the US coast. Just last month, President Trump announced a plan to dramatically expand oil and gas drilling rights auctions in American waters, including six new leases off the coast of California.

While we acknowledge the potential of SOC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Retirement Stock Portfolio: 11 Energy Stocks to Buy and 14 Best Utility Dividend Stocks to Buy Now.

Disclosure: None.



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