Sable Offshore Corp (SOC) Stock News Today: PHMSA Clears Las Flores Pipeline Restart — Latest Price, Forecasts, and What Comes Next (Dec. 24, 2025)
The U.S. Pipeline and Hazardous Materials Safety Administration approved Sable Offshore Corp.’s plan to restart the Las Flores Pipeline System in California, according to a December 22 letter disclosed in an SEC filing. SOC shares surged 36% to $10.36 on December 23 and held those gains in early trading December 24. The pipelines, formerly Plains Line 901 and 903, have been at the center of a years-long dispute.
