Jefferies and TD Cowen Maintain ‘Buy’ Ratings on Sable Offshore Corp. (SOC)

Sable Offshore Corp. (NYSE:SOC) is included in our list of the 13 Hot Oil Stocks to Buy Now.

An oil rig towering over an expansive horizon of land and sky.

On July 20, 2025, Jefferies maintained a ‘Buy’ rating on Sable Offshore Corp. (NYSE:SOC) with a $38 price target. The analyst attributed its bullish stance to Superior Court of California Judge Donna Geck’s ruling. The ruling now allows the company to resume pipelines 324 and 325 and begin first oil sales in August. With this update, Sable Offshore will resume operations at its Santa Ynez Unit. However, delay in the removal of the injunction is expected.

Meanwhile, on July 18, 2025, TD Cowen also maintained its ‘Buy’ rating on Sable Offshore Corp. (NYSE:SOC) with a $40 target. The court decision is expected to boost the company’s near-term production and cash flow, driving analyst sentiment.

Sable Offshore Corp. (NYSE:SOC), based in the U.S., operates as an independent oil and gas company. It is included in our list of the hot stocks to buy.

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