Sable Offshore Posts $410 Million Loss, and One Fund Dumped Its $71.6 Million Position

On February 17, 2026, Cooper Creek Partners Management disclosed in an SEC filing that it sold all 4,102,268 shares of Sable Offshore Corp. (SOC +2.91%) in the fourth quarter, an estimated $71.63 million transaction based on last-disclosed position values.What happenedAccording to its SEC filing dated February 17, 2026, Cooper Creek Partners Management sold all of its 4,102,268 shares of Sable Offshore Corp. (SOC +2.91%) during the fourth quarter. The fund’s quarter-end position value in Sable Offshore Corp ...