October 24, 2025
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Sable’s troubled project, sagging stock gets federal boost

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Amid legal and regulatory barriers to restarting its onshore Las Flores Pipeline System, Sable Offshore Corp.’s stock has plummeted this year from a high of $33.02 on May 19 to a low of $11.81 on Oct. 17. But on Oct. 20, the Houston-based company’s stock surged 15% after Trump Administration Energy Secretary Chris Wright voiced…

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