Skip to main content

Sable Offshore Wins PHMSA Approval for Pipeline Restart

Tipranks - Wed Dec 24, 2025

Claim 70% Off TipRanks This Holiday Season

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

On December 22, 2025, the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) approved Sable Offshore Corp.’s Restart Plan for the Las Flores Pipeline System, covering Line CA-324 and Line CA-325, formerly known as Plains Line 901 and Line 903. The approval, which followed PHMSA’s review of Sable’s fill and startup procedures, requests to remove pressure restrictions, and a field inspection of restart safety processes, clears a key regulatory hurdle for bringing these pipelines back into service, with potential implications for Sable Offshore’s operational capacity, regional oil transport logistics, and its positioning within the regulated U.S. pipeline network.

The most recent analyst rating on (SOC) stock is a Buy with a $20.00 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 infrastructure sector, focusing on offshore-related oil and gas transportation through pipeline systems, including the Las Flores Pipeline System in California.

Average Trading Volume: 7,711,550

Technical Sentiment Signal: Sell

Current Market Cap: $1.13B

Learn more about SOC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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.