Ticker: SOC

Sable Offshore's stock surged over 6% after President Trump directed the company to resume oil drilling operations off California, aiming to reduce reliance on foreign oil amid regional supply concerns.

Sable Offshore Corp. (NYSE: SOC) - Quick operational & income-statement snapshot What's happening inside: production was restarted (May 15, 2025) and oil began flowing from six wells to onshore storage, the company raised equity in May 2025, but the restart accelerated the Senior Secured Term Lo...