Sable Offshore Corp. (SOC) Reports Full Year 2025 Results

Sable Offshore Corp. (NYSE:SOC) is among the 10 Best Oil & Gas Drilling Stocks to Buy.

On February 27, 2026, Sable Offshore Corp. (NYSE:SOC) announced a net loss of $410.2 million for the fiscal year 2025. The corporation ascribed the loss to production restart operating expenses, general and administrative costs, and non-cash interest expense. On May 15, 2025, the firm restarted production at the Santa Ynez Unit and resumed oil flow into Las Flores Canyon. The company executed anomaly repairs and hydrotests on Pipeline Segments 324 and 325, meeting the Consent Decree criteria. The company finished 2025 with $921.6 million in short-term debt and $97.7 million in cash.

On February 26, 2026, Roth Capital announced that California Judge Donna Geck turned down Sable Offshore Corp. (NYSE:SOC)'s plea to dissolve a preliminary injunction on the Las Flores Canyon onshore pipelines. The preliminary verdict was issued ahead of the scheduled February 27 hearing. Roth Capital said that the company's shares are being hit hard in response to the news. The firm is still pursuing federal avenues to restart its onshore pipeline network and maintains that the hearing is not critical to that goal. Roth Capital maintains a Buy rating on Sable Offshore Corp. (NYSE:SOC), with a price objective of $22.

Sable Offshore Corp. (NYSE:SOC) is involved in offshore oil and gas field operations. Its primary goal is to develop the Santa Ynez Unit in federal waters off the California coast.

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