Roth Capital keeps a Buy rating on Sable Offshore (SOC) after the California Coastal Commission voted yesterday to find the company $18M for failing to obtain necessary permits and reviews in its push to revive oil production off the Gaviota Coast. The firm ultimately expects the conflict between the California Coastal Commission and Sable Offshore to get settled in the courts. Roth keeps a Buy rating on the shares with a $30 price target

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Sable Offshore’s Strong Defense Amid Regulatory Challenges: A Buy Recommendation by Subash Chandra Sable Offshore initiated with a Buy at Roth MKM Sell Rating for Sable Offshore: Operational Delays and Financial Strain Sable Offshore: Buy Rating Affirmed Amid Operational Progress and Financial Stability Positive Outlook for Sable Offshore: Buy Rating Justified by Strategic Adjustments and Financial Developments

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