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Sable Offshore Tumbles on Equity Raise, Exxon Mobil Loan

Summary by Bloomberg
Shares of Sable Offshore Corp fell as much as 26% intraday Monday to the lowest level in the company’s history after the oil driller announced plans to raise $225 million and extend a loan with Exxon Mobil.

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Sable Offshore Tumbles on Equity Raise, Exxon Mobil Loan

Shares of Sable Offshore Corp fell as much as 26% intraday Monday to the lowest level in the company’s history after the oil driller announced plans to raise $225 million and extend a loan with Exxon Mobil.

·United States
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Bloomberg broke the news in United States on Monday, November 3, 2025.
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