Trump administration illegally ordered restart of Central Coast oil pipelines, state lawsuit says [Los Angeles Times (CA)]
Sable Offshore Corp. (SOC)
Company Research
Source: Los Angeles Times
The Trump administration has ordered the owner of the pipelines to restart the oil operation despite state and local objections. California Atty. Gen. Rob Bonta filed a lawsuit Monday calling the order unconstitutional and unlawful. The California Department of Justice on Monday filed a lawsuit challenging a Trump administration order that called on a private Texas-based firm to revive controversial oil pipelines along the Central Coast despite ongoing state and local objections. The March 13 order from U.S. Department of Energy Secretary Chris Wright invoked the Defense Production Act as justification to supersede state laws and restart the disputed pipelines. The lawsuit, filed Monday in federal court for the Northern District of California, called the order a “breathtaking power grab.” In the complaint, Atty. Gen. Rob Bonta said the order is unconstitutional and unlawful, and asked that the court suspend it and halt the opening of the pipeline. “The Trump Administration an
Show less
Read more
Impact Snapshot
Event Time:
SOC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOC alerts
High impacting Sable Offshore Corp. news events
Weekly update
A roundup of the hottest topics
SOC
News
- Chevron's Sable Offshore Deal Adds West Coast Supply And Risk Considerations [Yahoo! Finance]Yahoo! Finance
- Sable Offshore is the top performing energy stock in the volatile month of March [Seeking Alpha]Seeking Alpha
- California sues Trump administration over Sable oil pipeline restart [Seeking Alpha]Seeking Alpha
- Solaris Energy Infrastructure traded 3x its relative volume today; here's why [Yahoo! Finance]Yahoo! Finance
- Regulatory Clash Over Pipelines Puts Sable Offshore Restart In Focus [Yahoo! Finance]Yahoo! Finance
SOC
Earnings
- 11/13/25 - Miss
SOC
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/16/26 - Form 8-K
- 3/6/26 - Form 4
- SOC's page on the SEC website