Sable Offshore gains after approval of pipeline restart plan
ReutersDec 23, 2025 3:24 PM
Shares of U.S.-based oil and gas company Sable Offshore SOC.N up ~8% at $8.21 after pipeline restart plan gets regulatory approval
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration approves SOC's restart plan for the Las Flores Pipeline System
The approval includes pressure restriction removals and startup procedures for Lines CA-324 and CA-325, key components of the pipeline network
Including session's move, stock down 64.2% YTD
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