Under Trump, Texas firm pushes to restart Santa Barbara oil drilling. Is it skirting California laws? [Los Angeles Times (CA)]
Sable Offshore Corp. (SOC)
Company Research
Source: Los Angeles Times
helped to usher in one of the state's strongest conservation laws: the California Coastal Act. Now, as the Trump administration seeks to encourage oil and gas production within federal lands and waters, that watershed conservation law is being tested along the same stretch of coastline — and in a way it never has before. For months, a Texas-based oil company has rebuffed the authority of the California Coastal Commission — the body tasked with enforcing the act — and has instead pushed forward with controversial plans to revive oil production off the Gaviota Coast. Ten years after another spill brought oil production here to a halt, Sable Offshore Corp. has begun repairing and upgrading the network of oil pipelines responsible for that 2015 spill, without Coastal Commission approval and ignoring the commission's repeated demands to stop its work, officials say. “This is the first time in the agency's history that we've had a party blatantly ignore a cease and desist order like
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SOC
News
- Sable Offshore (SOC) Continued to Gain This Week. Here is Why [Yahoo! Finance]Yahoo! Finance
- Sable Offshore (NYSE:SOC) had its "buy" rating reaffirmed by analysts at Roth Capital.MarketBeat
- Trump Pushes To Reopen California Coast To Offshore Drilling [zero hedge]zero hedge
- Sable Offshore (SOC) – Among the Energy Stocks that Lost This Week [Yahoo! Finance]Yahoo! Finance
- Trump administration announces plan for new oil drilling off the coasts of California and Florida [CBS News]CBS News
SOC
Earnings
- 11/13/25 - Miss
SOC
Sec Filings
- 12/3/25 - Form S-3
- 12/1/25 - Form 8-K
- 11/26/25 - Form 8-K
- SOC's page on the SEC website