Skip to main content

Sable Offshore Gains Interstate Pipeline Status Approval

Tipranks - Tipranks - Thu Dec 18, 2025

Claim 50% Off TipRanks Premium and Invest with Confidence

Sable Offshore ( (SOC) ) has shared an announcement.

On December 17, 2025, the Pipeline and Hazardous Materials Safety Administration (PHMSA) officially recognized Sable Offshore Corp.’s determination that the Las Flores Pipeline is an interstate pipeline under the Pipeline Safety Act, granting PHMSA exclusive regulatory authority over its operations. This reclassification to an interstate pipeline status is expected to streamline regulations and shift oversight from the California Office of the State Fire Marshal to PHMSA, improving operational consistency across state and federal lines while maintaining the pipeline’s active status in compliance with PHMSA regulations.

The most recent analyst rating on (SOC) stock is a Buy with a $22.00 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 industry, focusing on the transportation and processing of crude oil. The company acquired the Las Flores Pipeline system in 2024, which connects offshore oil production facilities to onshore terminals and processing facilities in California.

Average Trading Volume: 6,629,449

Technical Sentiment Signal: Sell

Current Market Cap: $787.1M

See more data about SOC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Trending Articles

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).