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Super Micro Computer Stock is Soaring Today, But Is It a Buy?Sable Offshore Corp. ( NYSE:SOC – Get Free Report ) shares rose 2.6% during mid-day trading on Friday . The stock traded as high as $24.53 and last traded at $24.40. Approximately 327,690 shares were traded during trading, a decline of 50% from the average daily volume of 660,930 shares. The stock had previously closed at $23.79. Wall Street Analyst Weigh In A number of analysts have commented on the company. Benchmark reiterated a “buy” rating and issued a $37.00 price objective on shares of Sable Offshore in a research report on Monday, October 7th. Pickering Energy Partners assumed coverage on Sable Offshore in a research report on Tuesday, December 17th. They issued an “outperform” rating for the company. Johnson Rice assumed coverage on shares of Sable Offshore in a report on Tuesday, November 5th. They issued a “buy” rating and a $30.00 price target on the stock. Jefferies Financial Group raised their price objective on shares of Sable Offshore from $19.00 to $32.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Finally, BWS Financial reissued a “sell” rating and issued a $6.00 target price on shares of Sable Offshore in a research note on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $25.00. View Our Latest Report on SOC Sable Offshore Stock Performance Institutional Trading of Sable Offshore Several large investors have recently added to or reduced their stakes in the company. GM Advisory Group LLC boosted its holdings in shares of Sable Offshore by 370.3% in the 3rd quarter. GM Advisory Group LLC now owns 510,000 shares of the company’s stock worth $12,051,000 after acquiring an additional 401,559 shares in the last quarter. Corsair Capital Management L.P. acquired a new position in Sable Offshore in the third quarter worth $591,000. State Street Corp grew its holdings in shares of Sable Offshore by 74.3% during the third quarter. State Street Corp now owns 1,589,395 shares of the company’s stock worth $37,557,000 after purchasing an additional 677,426 shares during the last quarter. Sentry Investment Management LLC acquired a new stake in shares of Sable Offshore in the third quarter valued at $575,000. Finally, Pekin Hardy Strauss Inc. acquired a new stake in shares of Sable Offshore in the third quarter valued at $659,000. 26.19% of the stock is owned by institutional investors. Sable Offshore Company Profile ( Get Free Report ) Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. The company operates through three platforms located in federal waters offshore California. It owns and operates 16 federal leases across approximately 76,000 acres and subsea pipelines, which transport crude oil, natural gas, and produced water from the platforms to the onshore processing facilities. Featured Articles Receive News & Ratings for Sable Offshore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sable Offshore and related companies with MarketBeat.com's FREE daily email newsletter .
Company that supplied buses to Maine schools is in financial trouble
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Oklo Inc. - OKLOHOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. What happened at Enron? Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company's collapse put more than 5,000 people out of work and wiped out more than $2 billion in employee pensions. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. Is Enron coming back? On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but "We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company's website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory claiming all birds are actually government surveillance drones. What do former Enron employees think of the company’s return? Peters said she and some other former employees are upset and think the relaunch was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, 74, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. But Sherron Watkins, Enron’s former vice president of corporate development and the main whistleblower who helped uncover the scandal, said she didn’t have a problem with the joke because comedy “usually helps us focus on an uncomfortable historical event that we’d rather ignore.” “I think we use prior scandals to try to teach new generations what can go wrong with big companies,” said Watkins, who still speaks at colleges and conferences about the Enron scandal. __ This story was corrected to fix the spelling of Ken Lay’s first name, which had been misspelled “Key.” ___ Follow Juan A. Lozano on X at https://x.com/juanlozano70 Juan A. Lozano, The Associated Press
ENGLEWOOD, Colo. -- Faced with the deadline to bring wide receiver Josh Reynolds back on to the roster from injured reserve, the Denver Broncos waived the eight-year veteran Tuesday. The Broncos, who had designated Reynolds to return from injured reserve Nov. 13, had to either move Reynolds to the 53-player roster this week or keep him on injured reserve to retain him. With two rookies now regularly in the receiver rotation to go with Marvin Mims Jr . in his second year, the Broncos chose to waive Reynolds instead. If they choose, they could bring Reynolds back to their practice squad if he clears waivers Wednesday. If he goes unclaimed, Reynolds would be a free agent, able to sign with any team. Editor's Picks 'It wasn't perfect,' but Broncos find way to wild win 11h Jeff Legwold Jeudy's Denver return: 'A lot of boos ... catches too' 16h Daniel Oyefusi Week 14 NFL Power Rankings: 1-32 poll, plus a first-time Pro Bowl nominee for every team 6h NFL Nation He had 12 receptions for 183 yards and one touchdown in five games, having suffered a fractured finger Oct. 6 on his touchdown catch against the Las Vegas Raiders . Reynolds signed a two-year, $9 million deal with the Broncos in free agency this past March and the Broncos will pay him $4.245 million guaranteed for his five-game tenure. Broncos coach Sean Payton, who said it was "good to have [Reynolds] back'' Nov. 13 when Reynolds returned to practice to start the 21-day clock, has continued to laud the efforts of rookies Devaughn Vele and Troy Franklin . Both have worked their way into the rotation at receiver -- Vele is second among the team's wide receivers in catches (33) and yards receiving (377). Mims had his second career 100-yard receiving game in Monday night's win over the Cleveland Browns with 105 yards on three catches, including the Broncos' longest scoring play of the season, a 93-yard catch-and-run touchdown. Reynolds has been on injured reserve since he hurt his hand, but he also was one of two men injured in a shooting in Denver in October. Reynolds suffered what police termed as "non-life threatening'' injuries to his head and left arm. Denver Police later announced they had arrested two men in connection to the shooting: Burr Charlesworth, 42, and Luis Mendoza, 35. They were charged with six counts of first-degree attempted murder, six counts of first-degree assault and additional felonies. Reynolds has not spoken publicly about the incident.Carson Heidecker’s adventurous college football career results in MAC championship at Ohio University
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Under the direction of head coach Deion Sanders, the Colorado football program has gone through a remarkable transformation in two years, mainly bolstering the roster through the transfer portal. Sanders’ recruiting of the high school ranks has been underrated nationally, though, and on Wednesday – the two-year anniversary of his introductory press conference – the Buffs are set to sign one of the best groups in the Big 12 for the class of 2025. As of Tuesday afternoon, the 20th-ranked Buffs (9-3, 7-2 Big 12), had 15 prep players verbally committed for the 2025 class. Four-star quarterback Julian Lewis (Carrollton, Ga.) headlines a class set to officially become Buffs when the early signing period opens on Wednesday. “We’re going to be straight. We got what we want,” Sanders said last week when asked about the early signing day. “You know, we don’t take a lot of high school players, and the ones that we take, we want them to play immediately. We want them to produce, be productive.” CU’s class ranks 33rd nationally and second in the Big 12, behind TCU, per 247Sports.com. The average player rating of 89.27, however, leads the Big 12 and ranks 20th nationally. Led by Lewis, the Buffs have seven players who are rated as four-star recruits, per 247. That group includes receivers Adrian Wilson (Pflugerville, Texas) and Quanell X Farrakhan Jr. (Houston, Texas); offensive linemen Carde Smith (Mobile, Ala.) and Chauncey Gooden (Nashville, Tenn.); edge defender London Merritt (Bradenton, Fla.); and cornerback Alex Graham (Detroit). The others in the class all have three-star ratings on 247Sports. That group includes: Safety Antonio Branch Jr. (Miami, Fla.); tight ends Zayne DeSouza (Loveland) and Corbin Laisure (Johnson City, Tenn.); offensive lineman Jay Gardenhire (West Bloomfiled, Mich.); receiver Quentin Gibson (Fort Worth, Texas); defensive linemen Christian Hudson (Daytona Beach, Fla.) and Alexander McPherson (Bradenton, Fla.); and linebacker Mantrez Walker (Buford, Ga.). On Sunday, Sanders and the Buffs will find out where this year’s team will be headed for a bowl game, and that will impact the incoming recruits. Early enrollee signees can practice with the team before the bowl game (but can’t play in the game). “They get to get an early start and get here and we can see what they’re working with,” Sanders said. “So we’re excited about that.” A year ago, CU signed only 11 players from high school, but that group included five-star lineman Jordan Seaton, who has started all season at left tackle; four-star receiver Drelon Miller, who has become a big part of the offense in the second half of the season; and three-star running Micah Welch, who has played quite a bit when healthy. In the 2023 class, which was put together in just a few weeks after Sanders was hired, the Buffs signed 21 high school recruits. Some have already moved on, but that class includes receiver Omarion Miller, edge rusher Taje McCoy, athlete Isaiah Hardge, offensive lineman Hank Zilinskas and Stoutmire, all of which have made impacts on the Buffs already. Many of the high school players signed by Sanders took a shot on Sanders’ vision, signing with CU rather than more proven winners. But, it’s paying off. “You see what happens when you believe,” said Seaton, who was the top-rated lineman in the 2024 class. “You really just got to believe. I took a big risk coming here. (Travis Hunter) took a big risk at Jackson State. I feel like no risk for no reward. So don’t go where it’s, like, everybody goes there. I feel like you should just come here, bet on yourself. And as you see, we bet on ourselves and we’re starting to win aome games. “I feel like you just got to find what works for you, and Colorado worked for me.” As the Buffs begin the 2025 signing period, more highly-rated recruits, such as Seaton, are seeing the vision. Of course, Sanders and his staff will continue to build through the portal, especially with several stars graduating. “You know we’re gonna hit that portal like it hadn’t been hit before,” Sanders said. “You know that. That’s what we do. And we have certain positions, we know everything we want. We know what we’re going to get. ... We’re going to do some good things and replace some players that pretty much are darn near irreplaceable, you know? “It’s some wonderful talent that’s walking out the door, but we plan on bringing some tremendous talent, as we did last year.”IGO Limited (OTCMKTS:IPGDF) Short Interest Up 28.3% in December