Reported about 10 hours ago
Sable Offshore Corp. (SOC) is under review for its bullish investment thesis, projecting over a 90% chance of a 150% upside within a year due to expected resumption of production from a previously operated oilfield off California's coast. While ongoing litigation from environmental groups poses a risk that has delayed timelines, recent developments indicate potential resolution, making SOC a high-probability, high-reward investment despite uncertain timing. Investors are drawn to its significant oil reserves and strategic position, although the stock has recently seen a decline due to these legal challenges.
Source: YAHOO