Sable Offshore Corp (SOC)

Sable Offshore Corp. Prices Offerings of Common Stock and Convertible Senior NotesJuly 1, 2026 6:34 AM
Business Wire Sable Offshore Corp. (New York Stock Exchange: SOC) today announced the pricing of its concurrent public offerings of 32,467,533 shares of common stock, at a public offering price of $3.08 per share, and $300.0 million aggregate principal amount of 6.5% convertible senior notes due 2031 (the “notes”). The issuance and sale of the common stock and the notes are scheduled to settle on July 2, 2026, subject to customary closing conditions. Sable also granted the underwriters of the common stock offering a 30-day option to purchase up to an additional 4,870,129 shares of common stock solely to cover over-allotments, and granted the underwriters of the notes offering a 30-day option to purchase up to an additional $45.0 million aggregate principal amount of notes solely to cover over-allotments. J.P. Morgan is acting as sole book-running manager for the common stock offering and the notes offering. The notes will be senior, unsecured obligations of Sable and will accrue interest at a rate of 6.5% per annum, payable semi-annually in arrears on January 1 and July 1 of each year, beginning on January 1, 2027. The notes will mature on July 1, 2031, unless earlier repurchased, redeemed or converted. Before April 1, 2031, noteholders will have the right to convert their notes only upon the occurrence of certain events. From and after April 1, 2031, noteholders may convert their notes at any time at their election until the close of business on the second scheduled trading day immediately before the maturity date. Sable will settle conversions by paying or delivering, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock, at Sable’s election. The initial conversion rate is 249.7502 shares of common stock per $1,000 principal amount of notes, which represents an initial conversion price of approximately $4.00 per share of common stock. The initial conversion price represents a premium of approximately 30% over the public offering price per share of common stock in the common stock offering. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events. The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Sable’s option at any time, and from time to time, on or after July 6, 2029 and on or before the 40th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Sable’s common stock exceeds 175% of the conversion price for a specified period of time. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. If a “fundamental change” (as defined in the indenture for the notes) occurs, then, subject to a limited exception, noteholders may require Sable to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date. In addition, noteholders may require Sable to repurchase their notes on July 6, 2029, at a cash repurchase price equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date. Sable estimates that the net proceeds from the common stock offering will be approximately $92.8 million (or approximately $107.0 million if the underwriters of the common stock offering fully exercise their option to purchase additional shares of common stock), after deducting the underwriting discounts and commissions and estimated offering expenses. Sable estimates that the net proceeds from the notes offering will be approximately $288.8 million (or approximately $332.5 million if the underwriters of the notes offering fully exercise their option to purchase additional notes), after deducting the underwriting discounts and commissions and Sable’s estimated offering expenses. Sable intends to use the net proceeds from the common stock offering and the notes offering, together with the proceeds from the previously announced New Senior Secured Term Loan, to repay its Senior Secured Term Loan with Exxon Mobil Corporation, to pay transaction fees and expenses and for general corporate purposes. The New Senior Secured Term Loan, the common stock offering and the notes offering are cross conditioned, and accordingly each transaction will be consummated only if all such transactions are consummated. The offerings are being made pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). Each offering will be made only by means of a prospectus supplement relating to that offering (including any supplements thereto) and an accompanying prospectus. An electronic copy of the preliminary prospectus supplement (and, when available, the final prospectus supplement) for each offering, together with the accompanying prospectus, is or will be available on the SEC’s website at www.sec.gov. Alternatively, copies of these documents can be obtained by contacting: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. About Sable Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California. Forward-Looking Statements The information in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “plan,” “forecast,” “predict,” “potential,” “future,” “outlook,” and “target,” the negative of such terms and other similar expressions are intended to identify forward- looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sable’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause Sable’s actual results to differ materially from those described in the forward-looking statements include: the notes and common stock offerings, including the anticipated completion and intended use of the proceeds; the consummation of the New Senior Secured Term Loan and the use of proceeds from the New Senior Secured Term Loan; availability of future financing;; market conditions, including market interest rates; the trading price and volatility of Sable’s common stock; our financial performance; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sable’s Annual Report on Form 10-K for the year ended December 31, 2025 and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, which are filed with the Securities and Exchange Commission and are available on Sable’s website (www.sableoffshore.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Except as required by applicable law, Sable undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release. View source version on businesswire.com: https://www.businesswire.com/news/home/20260630659735/en/ Harrison Breaud
Vice President, Finance & Investor Relations

No one would lend them $750M even at 15% interest unbelievable

Sable Offshore Corp. Announces Proposed Offerings of Common Stock and Convertible Senior NotesJune 30, 2026 8:08 AM
Business Wire Sable Offshore Corp. (NYSE: SOC) today announced its intention to offer, subject to market and other conditions, $100.0 million of common stock and $300.0 million aggregate principal amount of convertible senior notes due 2031 (the “notes”) in separate public offerings registered under the Securities Act of 1933, as amended. Sable also expects to grant the underwriters of the common stock offering a 30-day option to purchase up to an additional $15.0 million of common stock solely to cover over-allotments, and expects to grant the underwriters of the notes offering a 30-day option to purchase up to an additional $45.0 million aggregate principal amount of notes solely to cover over-allotments. J.P. Morgan is acting as sole book-running manager for the common stock offering and the notes offering. The notes will be senior, unsecured obligations of Sable, will accrue interest payable semi-annually in arrears and will mature on July 1, 2031, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. Sable will settle conversions by paying or delivering, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock, at Sable’s election. The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Sable’s option at any time, and from time to time, on or after July 6, 2029 and on or before the 40th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Sable’s common stock exceeds 175% of the conversion price for a specified period of time and certain other conditions are satisfied. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. If certain corporate events that constitute a “fundamental change” occur, then, subject to a limited exception, noteholders may require Sable to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date. In addition, Noteholders may require Sable to repurchase their notes on July 6, 2029, at a cash repurchase price equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date. The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the notes offering. Sable intends to use the net proceeds from the common stock offering and the notes offering, together with the proceeds from the previously announced New Senior Secured Term Loan, to repay its Senior Secured Term Loan with Exxon Mobil Corporation, to pay transaction fees and expenses and for general corporate purposes. The New Senior Secured Term Loan, the common stock offering and the notes offering are cross conditioned, and accordingly each transaction will be consummated only if all such transactions are consummated. U.S. Bank Trust Company, N.A. is expected to be act as trustee under the notes. The offerings are being made pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). Each offering will be made only by means of a prospectus supplement relating to that offering and an accompanying prospectus. An electronic copy of the preliminary prospectus supplement for each offering, together with the accompanying prospectus, is available on the SEC’s website at www.sec.gov. Alternatively, copies of each preliminary prospectus supplement, together with the accompanying prospectus, can be obtained by contacting: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. About Sable Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California. Forward-Looking Statements The information in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “plan,” “forecast,” “predict,” “potential,” “future,” “outlook,” and “target,” the negative of such terms and other similar expressions are intended to identify forward- looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sable’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause Sable’s actual results to differ materially from those described in the forward-looking statements include: the proposed notes and common stock offerings, including the anticipated terms, completion, size and intended use of the proceeds; the marketing, negotiation and consummation of the New Senior Secured Term Loan, the use of proceeds from the New Senior Secured Term Loan and any expectation regarding timing of the closing of the New Senior Secured Term Loan; availability of future financing, including additional unsecured capital markets solutions; our ability to consummate a refinancing of our Existing Senior Secured Term Loan and the timing and terms thereof; market conditions, including market interest rates; the trading price and volatility of Sable’s common stock; our financial performance; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sable’s Annual Report on Form 10-K for the year ended December 31, 2025 and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, which are filed with the Securities and Exchange Commission and are available on Sable’s website (www.sableoffshore.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Except as required by applicable law, Sable undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release. View source version on businesswire.com: https://www.businesswire.com/news/home/20260629369168/en/ Investor Contact:
Harrison Breaud
Vice President, Finance & Investor Relations

$10.11 Ridiculous sell off - they got financing from JPM they're doing 50K Bolpd

Sable Offshore Corp. Announces Commencement of New Senior Secured Term LoanJune 16, 2026 6:49 AM
Business Wire Sable Offshore Corp. (NYSE: SOC, “Sable”, or the “Company”) today announced it is launching a proposed senior secured term loan facility in an aggregate principal amount of up to $1.0 billion (the “New Senior Secured Term Loan”), which will replace the Company’s Senior Secured Term Loan with Exxon Mobil Corporation (the “Existing Senior Secured Term Loan”). The Company is expected to be the borrower under the New Senior Secured Term Loan. Additionally, the Company expects to pursue incremental unsecured capital markets solutions. JPMorgan Chase Bank, N.A. is expected to be administrative agent under the New Senior Secured Term Loan. The Company currently intends to use the proceeds from the New Senior Secured Term Loan, together with the proceeds of the expected additional unsecured capital markets solutions, to fund the repayment of the Existing Senior Secured Term Loan, to pay transaction fees and expenses, and to satisfy contractual performance bonding obligations. There can be no assurances that the Company will be successful in its marketing efforts or that it will be able to enter into the New Senior Secured Term Loan. Closing of the New Senior Secured Term Loan is subject to market conditions, as well as the negotiation and execution of definitive documents and the satisfaction of customary closing conditions. About Sable Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California. Forward-Looking Statements The information in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “plan,” “forecast,” “predict,” “potential,” “future,” “outlook,” and “target,” the negative of such terms and other similar expressions are intended to identify forward- looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sable’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause Sable’s actual results to differ materially from those described in the forward-looking statements include: the marketing, negotiation and consummation of the New Senior Secured Term Loan, the use of proceeds from the New Senior Secured Term Loan and any expectation regarding timing of the closing of the New Senior Secured Term Loan; availability of future financing, including additional unsecured capital markets solutions; our ability to consummate a refinancing of our Existing Senior Secured Term Loan and the timing and terms thereof; our financial performance; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sable’s Annual Report on Form 10-K for the year ended December 31, 2025, which is filed with the Securities and Exchange Commission and is available on Sable’s website (www.sableoffshore.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Except as required by applicable law, Sable undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release. View source version on businesswire.com: https://www.businesswire.com/news/home/20260615682795/en/ Investor Contact:
Harrison Breaud
Vice President, Finance & Investor Relations

Sable Offshore Corp. to Host Conference Call on June 12, 2026June 11, 2026 5:06 PM
Business Wire Sable Offshore Corp. (NYSE: SOC) plans to host a general investor update conference call on Friday June 12, 2026 at 9:00am CDT / 10:00am EDT. Conference Call Information https://sable-offshore-corp-investor-update-sbl26-june.open-exchange.net/ View source version on businesswire.com: https://www.businesswire.com/news/home/20260611226952/en/ Investor Contact:
Harrison Breaud
Vice President, Finance & Investor Relations

Sable Offshore Corp. to Host Conference Call on June 1, 2026May 29, 2026 5:16 PM
Business Wire Sable Offshore Corp. (“Sable”)(NYSE: SOC) plans to post a new investor presentation to its corporate website before market open on Monday, June 1, 2026 and plans to host a conference call to discuss the new investor presentation on Monday June 1, 2026 at 10:00am CDT / 11:00am EDT. Conference Call Information https://sable-offshore-investor-update-june-2026-sbl26x.open-exchange.net/ About Sable Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California. View source version on businesswire.com: https://www.businesswire.com/news/home/20260529834335/en/ Investor Contact:
Harrison Breaud
Vice President, Finance & Investor Relations

Burst basket orders started today (institutional)

No longer in ...🥳

I forgot about this ticker,thanks for heads up,it’s all about the court case,if they win and can produce oil,it will run really good ,I (like most others) will wait for ruling,if they lose (most likely because it’s California) it could drop like a rock and possibly get halted and really screw ppl

Big case tomorrow any thoughts ?

Big case 1:30PM tomorrow any thoughts ?

Sable Offshore Corp. Provides Corporate UpdateApril 20, 2026 6:41 AM
Business Wire
Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today provided a corporate update on current operational, legal and financial matters.


Operational Updates


The previously announced resumption of oil transportation through Segments 324 and 325 of the Santa Ynez Pipeline System (“SYPS”) was executed in compliance with all applicable safety standards through our comprehensive pipeline integrity management program. Sable is pleased with its operational performance across the Santa Ynez Unit and the SYPS during this critical period. Sable is also proud to create new, well-paying jobs for the people of California and throughout America.



The 40 wells currently online at Platform Harmony and Platform Heritage are producing an average of 750 gross barrels of oil per day per well. Once all 74 production wells on these two platforms are online, Sable expects the average production per well to be approximately 700 gross barrels of oil per day.




Sable expects Platform Hondo to come online in June 2026 with an estimated fully ramped production rate of approximately 10,000 gross barrels of oil per day.




Capital spend across Sable’s assets is expected to be approximately $180 million from April 2026 through December 2026 as the Company focuses on facility upgrades, maintenance capex, and low-cost production optimization operations.



Financial Updates



The Company plans to consummate a debt refinancing of its Senior Secured Term Loan in the second quarter of 2026.




In addition to our banking partners, Sable is in active discussions with the United States government on potential federal credit support options.




Concurrent with the refinancing, Sable plans to implement a commodity hedging program focused on cash flow protection and upside preservation.




To date, Sable has sold 7,000,634 shares of its common stock for gross proceeds of approximately $95.0 million through its ATM common stock issuance program.



Consent Decree Update


The United States Department of Justice has moved to terminate or modify the Consent Decree in the United States District Court, Central District of California. Sable is not a party to this litigation, but is participating in briefing related to the Consent Decree termination or modification, which is set to be heard on June 1, 2026.


Additional Legal Updates


Sable is coordinating with the federal government in various legal matters to defend its vested rights to operate its assets and ensure compliance with certain federal mandates, including the Defense Production Act. Sable is also actively pursuing damages and taking proactive legal action to curb state and county regulatory overreach.



In the previously announced litigation against the California Coastal Commission (the “CCC”), Sable is actively pursuing damages of at least $347 million from the CCC.




Sable is actively pursuing financial damages, expected to be in excess of $100 million, from the County of Santa Barbara for unlawfully withholding the transfer of certain permits to Sable from the prior operator.



Management Commentary


Jim Flores, Chairman and Chief Executive Officer, added “Sable is pleased to update its stakeholders on our tremendous progress following the invocation of the Defense Production Act. We are working tirelessly to provide American oil from American soil to consumers in California and the U.S. military and are proud to have produced over 1 million barrels from the Santa Ynez Unit to date. We look forward to achieving our financial objectives as we continue to operate in a safe and reliable manner to the benefit of all of our stakeholders.”


About Sable


Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California.


Forward-Looking Statements


The information in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “plan,” “forecast,” “predict,” “potential,” “future,” “outlook,” and “target,” the negative of such terms and other similar expressions are intended to identify forward- looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sable’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause Sable’s actual results to differ materially from those described in the forward-looking statements include: the ability to recommence full production of the SYU assets; the cost and time required therefor, and production levels once recommenced; availability of future financing; our ability to consummate a debt refinancing of our Senior Secured Term Loan and the timing and terms thereof; our financial performance; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sable’s Annual Report on Form 10-K for the year ended December 31, 2025, which is filed with the Securities and Exchange Commission and is available on Sable’s website (www.sableoffshore.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Except as required by applicable law, Sable undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260419553081/en/
Investor Contact:

Harrison Breaud

Vice President, Finance & Investor Relations

IR@sableoffshore.com

713-579-8111


Original: Sable Offshore Corp. Provides Corporate Update

Sable Offshore Corp. Begins Oil Sales from the Santa Ynez Pipeline SystemMarch 30, 2026 6:47 AM
Business Wire
Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced that on March 29, 2026, Sable initiated oil sales. The Santa Ynez Pipeline System was filled from Las Flores Canyon to Pentland Station at a rate in excess of 50,000 barrels of oil per day.


At the Santa Ynez Unit, Platform Harmony is currently producing approximately 22,000 gross barrels of oil per day. Additionally, the United States Department of the Interior’s Bureau of Safety and Environmental Enforcement has completed its final pre-restart inspection of Platform Heritage. Sable plans to commence production restart at Platform Heritage today at an expected total rate of over 30,000 gross barrels of oil per day. We expect Platform Hondo to be online by the end of the second quarter of 2026 at a rate in excess of 10,000 barrels of oil per day.


Sable Chairman and Chief Executive Officer, Jim Flores, said “Sable is proud to announce oil sales through the Santa Ynez Pipeline System to Chevron. In doing so, we are providing American oil from American soil through an American pipeline to an American refinery for American consumers and the United States military.”


About Sable


Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California.


Forward-Looking Statements


The information in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “plan,” “forecast,” “predict,” “potential,” “future,” “outlook,” and “target,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sable’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause Sable’s actual results to differ materially from those described in the forward-looking statements include: the ability to recommence full production of the SYU assets; the cost and time required therefor, and production levels once recommenced; availability of future financing; our financial performance; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sable’s Annual Report on Form 10-K for the year ended December 31, 2025, which is filed with the Securities and Exchange Commission and are available on Sable’s website (www.sableoffshore.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Except as required by applicable law, Sable undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260329683772/en/
Investor Contact:

Harrison Breaud

Vice President, Finance & Investor Relations

IR@sableoffshore.com

713-579-8111


Original: Sable Offshore Corp. Begins Oil Sales from the Santa Ynez Pipeline System

Energy shares slide as oil prices drop following Iran strike delayMarch 23, 2026 9:58 AM
IH Market News
Energy stocks moved lower on Monday after crude oil prices plunged by as much as 13% following President Donald Trump’s decision to delay planned military strikes targeting Iranian power plants and energy infrastructure.Shares of Occidental Petroleum (NYSE:OXY) declined 4%, while Devon Energy (NYSE:DVN) lost 2%. Chevron (NYSE:CVX) slipped 1%, and Exxon Mobil (NYSE:XOM) dropped 1.7%.Smaller energy producers posted sharper losses. Kosmos Energy (NYSE:KOS) sank 7%, Sable Offshore (NYSE:SOC) fell 6.6%, and CVR Energy (NYSE:CVI) slid 5%. Diamondback Energy (NASDAQ:FANG) edged down 1%, while APA Corporation (NASDAQ:APA) and Cheniere Energy (NYSE:LNG) each retreated 2%.The downturn followed Trump’s announcement that he had instructed the military to postpone strikes against Iran’s electricity infrastructure. Just days earlier, the president had warned that U.S. forces would target Iran’s power plants if Tehran failed to reopen the Strait of Hormuz within a 48-hour deadline.Iran later rejected claims that any discussions had taken place with Trump, according to a report from Fars News.The sharp fall in crude prices pressured energy stocks broadly, particularly companies with significant exposure to oil production and liquefied natural gas exports, which recorded the steepest declines.Occidental Petroleum stock priceDevon Energy stock priceChevron stock priceExxonMobil stock price

Original: Energy shares slide as oil prices drop following Iran strike delay

SOC...$18.01...🥳...Off my $10.40 Alert...

georgie18

Member Level
Re: georgie18 post# 402210

Thursday, March 12, 2026 9:24:27 AM

Post#
404247
of 404289
SOC...$17.27...🥳

georgie18

Member Level
Re: None

Wednesday, December 24, 2025 8:03:44 AM

Post#
709828
of 717057
SOC...$10.40...🥳

Sable Offshore stock jumps after Trump administration orders drilling restartMarch 16, 2026 7:43 AM
IH Market News
Shares of Sable Offshore (NYSE:SOC) gained more than 6% in premarket trading on Monday after the Trump administration instructed the company to resume oil drilling activities off the coast of Southern California.U.S. Energy Secretary Chris Wright notified Sable Offshore late Friday that operations should restart at the Santa Ynez unit as well as the Santa Ynez pipeline.Wright said the move is intended to reduce supply risks created by California energy policies, which he said have increased reliance on imported oil in the region and for U.S. military operations.Sable Offshore stock price

Original: Sable Offshore stock jumps after Trump administration orders drilling restart

Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026March 16, 2026 6:38 AM
Business Wire
Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced that on March 14, 2026, the Company resumed the transportation of hydrocarbons (oil) produced at the Santa Ynez Unit (“SYU”) through the federally regulated and approved to operate Santa Ynez Pipeline System (“SYPS”) from Las Flores Canyon (“LFC”) to Pentland Station at the direction of the United States Secretary of Energy, Chris Wright.


On March 13, 2026, President of the United States, Donald J. Trump, signed an Executive Order to, among other things, delegate certain authorities under the Defense Production Act of 1950 (“DPA”) to the United States Secretary of Energy. Subsequently on March 13, 2026, the United States Secretary of Energy, Chris Wright, issued an order to Sable invoking the DPA (the “DPA Order”) to immediately prioritize and allocate pipeline transportation services for hydrocarbons from the SYU through the SYPS in order to address the energy scarcity and supply disruption risks caused by California policies that have left the region and U.S. military forces dependent on foreign oil. Sable immediately complied with this federal DPA Order and began shipping hydrocarbons from LFC to Pentland Station on March 14, 2026 with federal safety regulators present in observance.


As stated in the DPA Order, all federally produced barrels from the SYU must flow through the SYPS, up to the existing pipeline capacity of 200,000 Bbls/d. Sable completed its onshore anomaly repair program and hydrotested all segments of the SYPS consistent with applicable requirements as of May 2025.


Prior to resuming hydrocarbon transportation from LFC to Sable’s sales point at Pentland Station, Sable had approximately 540,000 barrels of processed crude oil in storage at LFC, representing more than the line fill volume for the SYPS between LFC and Pentland Station. Sable is fully staffed and will continue to implement the conditions of the Emergency Special Permit previously issued by the United States Department of Transportation, Pipeline and Hazardous Materials Safety Administration.


Sable is currently producing hydrocarbons from its Platform Harmony at the SYU and our wells continue to perform as expected. Production ramp-up is anticipated to proceed with full production resumption at Platforms Harmony and Heritage this month, in March 2026, and Platform Hondo in June 2026. The Company plans to commence first sales by April 1, 2026 at an expected gross oil rate of 50,000 Bbls/d.


Also on March 13, 2026, Sable and Pacific Pipeline Company (“PPC”) sued California Department of Parks and Recreation (“State Parks”) in a lawsuit styled Sable Offshore Corp. and Pacific Pipeline Company, Plaintiffs v. Armando Quitero, in his official capacity as Director of the California Department of Parks and Recreation, Defendant, Case, No. 2:26-cv-02739 in the United States District Court for the Central District of California. The lawsuit requests declaratory relief to confirm Sable and PPC’s rights (and their ability to fulfill their obligations) under the DPA Order. Subsequently, on March 14, 2026, State Parks sent a letter to Sable contesting Sable’s rights under the DPA Order.


As previously stated, Sable is pursuing all financing options, including federal credit support. The Company plans to refinance its Senior Secured Term Loan, deploy its commodity hedging program, and evaluate shareholder return options shortly after commencing first sales.


“Sable Offshore is putting California consumers first by increasing domestic supply of crude oil into the California market by approximately 17% and we look forward to continuing to execute as so ordered by the Defense Production Act executed on March 13, 2026,” said Jim Flores, Sable’s Chairman and Chief Executive Officer. Flores continued, “We look forward to working closely with the Department of Energy in fully complying with the DPA and working with the Trump administration to take all necessary steps to deliver the energy necessary for the security and defense of the country.”


About Sable


Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California.


Forward-Looking Statements


The information in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “plan,” “forecast,” “predict,” “potential,” “future,” “outlook,” and “target,” the negative of such terms and other similar expressions are intended to identify forward- looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sable’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause Sable’s actual results to differ materially from those described in the forward-looking statements include: the ability to recommence full production of the SYU assets; our ability to recommence sales of oil, the cost and time required therefor, and production levels once recommenced; availability of future financing; our financial performance; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sable’s Annual Report on Form 10-K for the year ended December 31, 2025, which is filed with the Securities and Exchange Commission and are available on Sable’s website (www.sableoffshore.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Except as required by applicable law, Sable undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release.


Disclaimers


The Santa Ynez Unit restarted production in May 2025. Sable has not sold commercial quantities of hydrocarbons since the acquisition of the Santa Ynez Unit. The Santa Ynez Unit was shut in during June of 2015 when the only onshore pipeline transporting hydrocarbons produced from the Santa Ynez Unit to market ceased transportation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260315669733/en/
Investor Contact:

Harrison Breaud

Vice President, Finance & Investor Relations

IR@sableoffshore.com

713-579-8111


Original: Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026

SOC...$17.27...🥳

georgie18

Member Level
Re: None

Wednesday, December 24, 2025 8:03:44 AM

Post#
709828
of 717057
SOC...$10.40...🥳

Thanks...🥳

Headline news https://finviz.com/quote.ashx?t=SOC&p=d

Good call!

32.51m shares short,26% of float,epic squeeze could be fun to ride!

Big news,trump doing something to help them

In 16.60/16.74 ish

https://investorshub.advfn.com/stock-market/NYSE/sable-offshore-SOC/trades

Sable Offshore Corp. Reports Full Year 2025 ResultsFebruary 27, 2026 4:16 PM
Business Wire
Sable Offshore Corp. (“Sable,” or the “Company”)(NYSE: SOC) today announced its full year 2025 operational and financial results.


2025 Operational and Financial Highlights



On May 19, 2025, we announced that (i) as of May 15, 2025, we had restarted production at the Santa Ynez Unit and begun flowing oil production to Las Flores Canyon and (ii) we completed our anomaly repair program on Pipeline Segments 324 and 325 of the Santa Ynez Pipeline System as specified by the Consent Decree.




On May 23, 2025, we closed an upsized underwritten public offering of 10,000,000 shares of Common Stock at a public offering price of $29.50 per share. The gross proceeds from the offering, before deducting discounts and commissions and estimated expenses, were approximately $295.0 million.




On May 28, 2025, we announced that we successfully completed hydrotests of all segments of the Santa Ynez Pipeline System, satisfying the final operational condition to resume petroleum transportation through Pipeline Segments 324 and 325 as outlined in the Consent Decree.




As an alternative to the Santa Ynez Pipeline System, we announced that we are also pursuing an OS&T strategy to provide access to domestic and global markets via shuttle tankers for federal crude oil produced from the Santa Ynez Unit in the Pacific Outer Continental Shelf Area.




On November 10, 2025, we entered into subscription agreements to issue 45,454,546 shares of Common Stock in a private placement to institutional investors at a purchase price of $5.50 per share, raising $250.0 million in gross proceeds.




On November 24, 2025, we satisfied all conditions to effectiveness of the Second Amendment to the Senior Secured Term Loan, thereby extending the maturity date of the Senior Secured Term Loan to the earlier of (i) March 31, 2027 or (ii) the date falling 90 days after first sales of hydrocarbons. The Second Amendment increased the interest rate from ten percent (10%) per annum to fifteen percent (15%) per annum, compounded annually.




On December 17, 2025, PHMSA notified us that it concurred with our determination that the Santa Ynez Pipeline System is an interstate pipeline facility under the Pipeline Safety Act, pursuant to which PHMSA is vested with exclusive regulatory authority over interstate pipelines. In its notification, PHMSA additionally states that it considers the Santa Ynez Pipeline System to be an “active” pipeline according to PHMSA regulations.




On December 23, 2025, PHMSA issued an emergency special permit for segments of the interstate Santa Ynez Pipeline System (specifically Pipeline Segments 324 and 325), related to cathodic protection and seam weld corrosion along Pipeline Segments 324 and 325.




We reported a net loss of $410.2 million, primarily attributable to production restart related operating expenses, general & administrative expenses, and non-cash interest expense, partially offset by a non-cash change in fair value of warrant liabilities.




We ended the year with short-term outstanding debt of $921.6 million, inclusive of paid-in-kind interest, and a cash and cash equivalents balance of $97.7 million.



About Sable


Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California.


Forward-Looking Statements


The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “continue,” “plan,” “forecast,” “predict,” “potential,” “future,” “outlook,” and “target,” the negative of such terms and other similar expressions are intended to identify forward- looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sable’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause Sable’s actual results to differ materially from those described in the forward-looking statements include: the ability to recommence sales of oil from the Santa Ynez Unit assets, including the potential implementation of an Offshore Storage and Treating Vessel (“OS&T”) strategy, the cost and time required therefor, and production levels once recommenced; availability of future financing; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sable’s Annual Report on Form 10-K for the year ended December 31, 2025, and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, which are filed with the Securities and Exchange Commission and are available on Sable’s website (www.sableoffshore.com) and on the Securities and Exchange Commission’s website (www.sec.gov). Except as required by applicable law, Sable undertakes no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this press release.


Disclaimers


The Santa Ynez Unit assets restarted production in May 2025. Sable has not sold commercial quantities of hydrocarbons since acquisition of the Santa Ynez Unit. The Santa Ynez Unit was shut in during June of 2015 when the only onshore pipeline transporting hydrocarbons produced from the Santa Ynez Unit to market ceased transportation. Since the May 2025 production restart, the oil produced has been transported via pipeline to storage tanks onshore at Sable’s Las Flores Canyon processing facility where it is being stored pending resumed petroleum transportation through the Santa Ynez Pipeline System or an OS&T vessel. There can be no assurance that the necessary approvals will be obtained that would allow the Company to recommence sales.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260227076859/en/
Investor Contact:

Harrison Breaud

Vice President, Finance & Investor Relations

IR@sableoffshore.com

713-579-8111


Original: Sable Offshore Corp. Reports Full Year 2025 Results

Sable Offshore slides after unveiling $250 million share sale planFebruary 3, 2026 10:20 AM
IH Market News
Shares of Sable Offshore Corp. (NYSE:SOC) dropped about 13% on Tuesday after the company announced plans to launch a $250 million “at-the-market” equity offering.In a filing with the U.S. Securities and Exchange Commission, Sable said it has entered into a sales agreement with TD Securities and Jefferies, which will act as agents for the program. Under the arrangement, the company may sell up to $250 million worth of its common stock from time to time, at its discretion, with no requirement to issue any shares.The agents will receive a commission of up to 3.0% of the gross proceeds from any shares sold. The offering will be carried out as an “at-the-market” program under Rule 415 of the Securities Act of 1933.Sable disclosed that the agreement was put in place on February 2, 2026, with a corresponding prospectus supplement filed the same day. The shares will be issued under an existing shelf registration statement that became effective on May 1, 2025.Either party may terminate the agreement with ten days’ written notice, and the company retains the right to pause or suspend sales under the program at any time.The sharp decline in the stock reflects typical investor concerns about potential dilution, as new share issuance can reduce earnings per share and dilute existing shareholders’ ownership stakes.Sable Offshore stock price

Original: Sable Offshore slides after unveiling $250 million share sale plan

SOC...$10.40...🥳

halted for news.

Guess not. Stock is 13 now. Fkn soc

Yeah right now they're still a lot out of the money. So they'll be worthless in a few days if the stock doesn't get close to 27 for your break even. I doubt there's anybody here loving you for that information

$SOC: Sable OFFSHORE

https://sableoffshore.com/overview/default.aspx

Looks like they gonna be able to fend off that LAWSUIT.......... wait and see now

https://s202.q4cdn.com/300304768/files/doc_presentation/2025/Sable-Offshore-Corp-Investor-Presentation_March-2025_v20_export.pdf


GO $SOC

$SOC: YOu are gonna LOVEEEEeeeeeeeeeeee me for this one

October 17 $22.5 calls !!!!!!!!!!

$5 PREMIUM now

$3.2Milly WHALER loaded here....... don't forget !

Sorry I'm a day late....... These went thru on Monday at $3 Prem.

PREM now at $5.25 but still ONE MONTH LEFT on the contract