Market Chatter: Sable Offshore's California Pipeline Correspondence Must Be Disclosed by Trump Admin

MT Newswires Live
Mar 13

Sable Offshore's (SOC) email correspondence with the US Interior Department over permissions related to the company's California pipeline was ordered to be disclosed by a federal judge, Bloomberg reported Friday.

The judge found "sufficient evidence" of a rushed approval processes, according to the news outlet.

Sable Offshore did not immediately respond to MT Newswires' request for comment.

Shares of the company were down 10% in Friday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 15.65, Change: -1.80, Percent Change: -10.32

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