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15.37000 USD
0.67
4.56%
Last update Apr 2, 3:59 PM EDT
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14.60500
15.92000
Previous close
14.70000
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15.71000
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Sable Offshore Corp.
15.37
0.67
4.56%

Overview

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Description

Sable Offshore Corp. is an independent oil and gas exploration and production company based in the United States. The company focuses on upstream activities, primarily developing the Santa Ynez Unit located in federal waters offshore California, using three offshore platforms and associated subsea infrastructure. Sable Offshore Corp. holds a portfolio of federal leases covering tens of thousands of offshore acres, along with pipelines that transport crude oil, natural gas, and produced water to onshore processing facilities. Formerly known as Flame Acquisition Corp., it adopted its current name in 2024 to reflect its operating focus in offshore energy. Operating within the energy sector’s oil and gas drilling industry, Sable Offshore Corp. contributes to U.S. hydrocarbon supply by targeting a mature but prolific offshore resource base with established infrastructure and regulatory frameworks. The company’s activities position it as a niche offshore operator, emphasizing safe operations and long-term resource development in a specialized segment of the domestic energy market.

About

CEO
Mr. James C. Flores
Employees
200
Address
845 Texas Avenue
Suite 2920
Houston, 77002, TX
United States
Phone
713 579 6161
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Drilling
Country
United States
MIC code
XNYS
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Latest press releases

Sep 26, 2025
Shareholders that lost money on Sable Offshore Corp.(SOC) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

NEW YORK, Sept. 26, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Sable Offshore Corp. ("Sable Offshore Corp." or the "Company") (NYSE: SOC) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sable Offshore Corp. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Sable Offshore securities between May 19, 2025 and June 3, 2025, inclusive, and/or pursuant and/or traceable to the Company's May 21, 2025 secondary public offering. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/sable-offshore-corp-lawsuit-submission-form?prid=169354&wire=4 

SOC investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) defendants represented that Sable Offshore Corp. had restarted oil production off the coast of California when it had not; and (2) as a result, defendants statements about Sables business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

WHAT'S NEXT? If you suffered a loss in Sable Offshore Corp. during the relevant time frame, you have until September 26, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 17th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholders-that-lost-money-on-sable-offshore-corpsoc-urged-to-join-class-action--contact-levi--korsinsky-to-learn-more-302567849.html

SOURCE Levi & Korsinsky, LLP

Sep 25, 2025
Sable Offshore Corp. (SOC) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

LOS ANGELES, Sept. 25, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Sable Offshore Corp. ("Sable" or the "Company") (NYSE: SOC).

IF YOU SUFFERED A LOSS ON YOUR SABLE INVESTMENTS, CLICK HERE BEFORE SEPTEMBER 26, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT

What Is The Lawsuit About?

The complaint filed alleges that, between May 19, 2025 and June 3, 2025, Defendants failed to disclose to investors that: (1) Defendants represented that Sable Offshore Corp. had restarted oil production off the coast of California when it had not; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.

Charles Linehan, Esq.,

Glancy Prongay & Murray LLP,

1925 Century Park East, Suite 2100,

Los Angeles California 90067

Email: shareholders@glancylaw.com

Telephone: 310-201-9150 (Toll-Free: 888-773-9224)

Visit our website at www.glancylaw.com.

Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased. 

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:

Glancy Prongay & Murray LLP,

1925 Century Park East, Suite 2100,

Los Angeles, CA 90067

Charles Linehan

Email: shareholders@glancylaw.com

Telephone: 310-201-9150

Toll-Free: 888-773-9224

Visit our website at: www.glancylaw.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sable-offshore-corp-soc-shareholders-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302567492.html

SOURCE Glancy Prongay & Murray LLP

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Market closed

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02:32
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).