Sable Offshore Soars 5.82% as Private Placement and Policy Tailwinds Drive Pre-Market Rally

Sable Offshore Corp. (NYSE: SOC) surged 5.8161% in pre-market trading on December 12, 2025, signaling renewed investor interest ahead of broader market open.

The rally coincided with the company’s announced $250 million private placement to bolster liquidity and fund strategic initiatives. This move aligns with ongoing efforts to strengthen operational flexibility amid evolving offshore energy dynamics.

Analyst activity further fueled optimism. Roth Capital reaffirmed a “buy” rating with a $22 price target, while Jefferies maintained its recommendation despite lowering its target to $20. However, near-term earnings forecasts were trimmed by analysts, reflecting cautious sentiment around short-term profitability.

Regulatory developments also influenced the stock. The Trump administration’s recent plan to expand offshore drilling in California and Florida, including Houston-based Sable’s Santa Barbara project, underscored potential policy tailwinds for the sector. While environmental and economic risks remain contentious, the administration’s push for energy dominance has positioned offshore projects as key beneficiaries.