Sable Offshore Corp. (NYSE:SOC) surged 11.82% last week, closing at $31.69 per share as investors reacted positively to reports of progress in restarting its Las Flores pipelines. Roth Capital predicted a favorable ruling for SOC, allowing preparatory steps while awaiting final compliance notice. Legal issues have plagued the pipelines since 2015.

Once operational, Sable Offshore Corp. (NYSE:SOC) anticipates benefiting from the AI industry’s demand for increased energy sources. While SOC shows promise, other AI stocks may offer higher returns with less risk. For insights on a budget-friendly AI stock with potential tariff advantages, check out our report on the best short-term AI stock.

Read more at Yahoo Finance: Sable Offshore (SOC) Climbs 11.8% on Las Flores Legal Win