Reported 1 day ago
Sable Offshore Corp. (NYSE:SOC) experienced a significant 41.28% increase in its stock price over the past week, driven by investor optimism regarding the anticipated restart of its Las Flores pipelines, which have been inactive since 2015. This surge followed a report indicating that the company is close to receiving the necessary legal approvals to move forward with pipeline operations. Additionally, President Trump announced a projected $92 billion investment in AI and energy sectors, further fueling market interest in SOC.
Source: YAHOO