Here is Why Sable Offshore (SOC) Fell This Week

From Yahoo Finance: 2025-06-11 23:36:00

Sable Offshore Corp. (NYSE:SOC) shares dropped by 4.66% from June 3 to June 10, 2025, making it one of the Energy Stocks that Lost the Most This Week.

The Houston-based company is focused on developing the Santa Ynez Unit in federal waters offshore California.

Recent court orders have forced SOC to halt restart efforts on their onshore pipeline system, delaying production until at least August 1, 2025.

Despite posting gains in May, SOC’s stock has plummeted by over 30% in the last two weeks due to legal interventions.

While SOC shows promise, consider AI stocks for better upside potential and less downside risk.



Read more at Yahoo Finance: Here is Why Sable Offshore (SOC) Fell This Week