We came across a bullish thesis on Sable Offshore Corp. on Triple S Special Situations Investing’s Substack by TripleS Special Situations. In this article, we will summarize the bulls’ thesis on SOC. Sable Offshore Corp.'s share was trading at $18.53 as of September 29th. SOC’s trailing and forward P/E were 47.20 and 8.51 respectively according to Yahoo Finance. Noble Corporation Earns Price Target Hike as Offshore Tailwinds Build marchello74 / shutterstock.com Sable Energy presents a compelling investm ...

Core Viewpoint - Sable Offshore Corp. (NYSE:SOC) experienced a significant decline in share price due to legal challenges and regulatory pressures impacting its operations in California's offshore oil industry [1][3][4]. Group 1: Company Overview - Sable Offshore Corp. is an independent upstream company based in Houston, focusing on the development of the Santa Ynez Unit in federal waters offshore California [2]. Group 2: Recent Developments - The company's share price fell by 16.25% from September 18 to September 25, 2025, making it one of the worst-performing energy stocks during that week [1]. - The Santa Barbara County district attorney accused Sable Offshore of violating state laws that protect streams and wetlands, complicating its efforts to restart operations at three oil platforms [3]. - Sable Offshore has denied the allegations, labeling them as 'politically motivated' and 'extremely misleading' [3]. - Additionally, California Governor Newsom proposed a legislative package that would impose further restrictions on the offshore oil industry, directly affecting Sable's plans to reactivate a pipeline off Santa Barbara County [4].