Sable Offshore (SOC) – Among the Energy Stocks that Gained This Week

Core Insights - Sable Offshore Corp. (NYSE:SOC) experienced a significant share price increase of 30.89% from January 7 to January 14, 2026, making it one of the top-performing energy stocks during that week [1] - The company has more than doubled in value over the past month due to federal approval to restart its oil and gas pipeline near Santa Barbara, overcoming legal challenges from state and local authorities [3] - Despite ongoing local resistance and an emergency lawsuit filed against the pipeline restart, a federal court denied a petition to block the federal oversight of Sable's plans, marking a positive development for the company [4] Company Overview - Sable Offshore Corp. is an independent upstream company focused on the Santa Ynez Unit in federal waters offshore California [2] - The company has received federal approval from the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) to shift oversight of its pipeline from state to federal, which is crucial for its operations [3][4] Analyst Insights - Benchmark analyst Subash Chandra stated that Sable Offshore's Santa Ynez Unit is closer than ever to resuming production, maintaining a 'Buy' rating with a price target of $20, suggesting a potential upside of over 77% from current levels [5]