These 10 Stocks Surprisingly Lead Gains While Wall Street Naps

4. Sable Offshore Corp. (NYSE:SOC)

Sable Offshore rallied for a second day on Friday, adding 11.82 percent to close at $31.69 apiece as investor sentiment repositioned portfolios amid reports that it was nearing the restart of its Las Flores pipelines.

Roth Capital in a market note earlier this week claimed that Sable Offshore Corp. (NYSE:SOC) was set to receive in the “very near future” the final affirmative ruling in relation to the restart of its Las Flores pipelines.

News reports also added that the court decision allowed Sable Offshore Corp. (NYSE:SOC) to move forward with certain preparatory steps for restarting the pipelines, but prohibited the actual restart pending the receipt of a signed notice of compliance.

Connected to the Santa Ynez offshore platforms, the Las Flores pipelines have been subject to legal and environmental scrutiny since 2015 that led to a temporary shutdown.

Upon commercial operations, Sable Offshore Corp. (NYSE:SOC) is expected to ride the booming AI wave, an industry heavily hungry for more energy sources to power demand.