Sable Offshore shares surge 13.30% after-hours on $250M private placement and analyst buy ratings.

Sable Offshore Corp. (SOC) surged 13.3% in after-hours trading following the announcement of a $250 million private placement, which provided liquidity and signaled strategic capital-raising efforts. The move coincided with analyst support, including reaffirmed "buy" ratings from Roth Capital and Jefferies, despite Jefferies lowering its price target. The private placement and analyst optimism likely drove investor confidence, overshadowing near-term earnings forecast cuts and elevated put-option activity. The after-hours rally reflects market optimism about the company’s capital structure and operational recovery, aligning with the positive sentiment around the financing update.