Sable Offshore closer to restart than ever, says Benchmark

3 months ago 23

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Sat, January 3, 2026 astatine 6:30 AM CST 1 min read

Benchmark expert Subash Chandra says Sable Offshore’s (SOC) Santa Ynez Unit is “the closest it has been” to restart aft the 9th Circuit Court of Appeals denied an exigency enactment requested by biology groups, but notes that the lawsuit wasn’t dismissed, with responses and briefs owed implicit the adjacent fewer months. The steadfast has a Buy standing and $20 price target connected Sable Offshore shares, which are up $1.69, oregon 19%, to $10.72 successful Friday pre-market trading.

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