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Why Sable Offshore Stock Plummeted Today

TheMotleyFool

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Why Sable Offshore Stock Plummeted TodayPhoto, wide shot, wide-angle lens, Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png

Investors were hardly turned on by Sable Offshore (NYSE: SOC) on the last Friday trading session of 2025. On news of a lawsuit that might halt the oil flow through its pipeline system, they aggressively sold out of the energy company, leaving it with a more than 13% loss in price on the day.

Sable was quite a roller coaster of a stock before and after Christmas Day. On the 24th, investors couldn't get enough of it, following a federal regulator's approval of the restart of the Las Flores pipeline system in California.

Image source: Getty Images.

Source Fool.com

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