BUZZ-Sable Offshore surges as it confirms pipeline activation
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Shares of Sable Offshoresurged 50% to $7.88 premarket after receiving confirmation from the U.S. Department of Transportation that its pipeline connecting the Santa Ynez Unit to the Pentland Station terminal is active. Earlier, a California judge denied lifting a cease and desist order related to repairs on an onshore pipeline system. SOC shares are up ~80% YTD.
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