South Bow Corporation (SOBO)

NYSE: SOBO · Real-Time Price · USD
32.72
+0.60 (1.87%)
At close: Apr 28, 2026, 4:00 PM EDT
32.50
-0.22 (-0.67%)
After-hours: Apr 28, 2026, 4:14 PM EDT
1.87%
Market Cap 6.71B
Revenue (ttm) 1.99B
Net Income (ttm) 433.00M
Shares Out 208.56M
EPS (ttm) 2.07
PE Ratio 15.81
Forward PE 18.69
Dividend $2.00 (6.11%)
Ex-Dividend Date Mar 31, 2026
Volume 1,184,831
Open 32.51
Previous Close 32.12
Day's Range 32.29 - 33.02
52-Week Range 24.51 - 34.90
Beta n/a
Analysts Sell
Price Target 30.14 (-7.89%)
Earnings Date May 7, 2026

About SOBO

South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the company’s main liquids pipeline network, which transports crude oil from Hardisty, Alberta, to key U.S. markets including Wood River, Patoka, Illinois, Cushing, Oklahoma, and the Gulf Coast. The Marketing segment provides crude oil marketing services, including transportation, storage, and logistics, and engages in physical cru... [Read more]

Sector Energy
Founded 2024
Country Canada
Stock Exchange NYSE
Ticker Symbol SOBO
Full Company Profile

Financial Performance

In 2025, South Bow's revenue was $1.99 billion, a decrease of -6.32% compared to the previous year's $2.12 billion. Earnings were $433.00 million, an increase of 37.03%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for SOBO stock is "Sell." The 12-month stock price target is $30.14, which is a decrease of -7.89% from the latest price.

Price Target
$30.14
(-7.89% downside)
Analyst Consensus: Sell
Stock Forecasts

News

South Bow Announces Timing of First-quarter 2026 Results, Conference Call and Webcast, and Annual General Meeting

CALGARY, Alberta, April 09, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its first-quarter 2026 financial and operational results after the close...

19 days ago - GlobeNewsWire

South Bow Files 2025 Annual Disclosure Documents

CALGARY, Alberta, March 13, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow) filed its 2025 annual disclosure documents on March 13, 2026.

6 weeks ago - GlobeNewsWire

South Bow says US, Canada policy shift boosts prospects for Keystone XL revival

The company ​behind a plan to revive the Keystone XL pipeline system to increase Canadian oil exports to ‌the United States is hopeful a North American policy shift in favour of energy development wil...

7 weeks ago - Reuters

South Bow Earnings Call Transcript: Q4 2025

2025 results slightly exceeded expectations, with strong safety, successful Blackrod project completion, and robust cash flow supporting deleveraging and dividends. Guidance for 2026 is reaffirmed, with growth focused on organic and inorganic opportunities and ongoing regulatory engagement for Keystone.

7 weeks ago - Transcripts

South Bow Reports Fourth-quarter and Year-end 2025 Results and Declares Dividend

CALGARY, Alberta, March 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its fourth-quarter and year-end 2025 financial and operational results. Unles...

7 weeks ago - GlobeNewsWire

Exclusive: Carney knew of South Bow's Keystone XL plans before White House meeting, source says

Canadian Prime Minister Mark Carney was aware of oil company South Bow's plans to revive parts of the canceled Keystone XL pipeline to the United States when he floated the idea to U.S. President Dona...

2 months ago - Reuters

South Bow Shares Findings of Root Cause Analysis of Milepost 171 Incident

CALGARY, Alberta, Feb. 13, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) have received t...

2 months ago - GlobeNewsWire

South Bow Announces Timing of Fourth-quarter and Year-end 2025 Results and Conference Call and Webcast

CALGARY, Alberta, Feb. 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its fourth-quarter and year-end 2025 financial and operational results af...

2 months ago - GlobeNewsWire

South Bow Transcript: Investor Day 2025

Management outlined a disciplined growth strategy targeting a 2-3x increase in enterprise value within five years, supported by organic projects, M&A, and operational excellence. Financial guidance highlights strong cash flow, a sustainable dividend, and accelerated deleveraging, while asset integrity and customer-focused solutions remain central to the business.

5 months ago - Transcripts

South Bow Earnings Call Transcript: Q3 2025

Strong Q3 results with $250M normalized EBITDA and $236M distributable cash flow, supported by tax optimization and stable contracted revenues. BlackRod project remains on track, while Keystone remediation progresses, with 2026 guidance dependent on pressure restrictions and market conditions.

5 months ago - Transcripts

South Bow Reports Third-quarter 2025 Results, Provides 2026 Outlook, and Declares Dividend

CALGARY, Alberta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its third-quarter 2025 financial and operational results and provides its 2026...

5 months ago - GlobeNewsWire

South Bow Announces Timing of Third-quarter 2025 Results and Conference Call and Webcast

CALGARY, Alberta, Oct. 16, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its third-quarter 2025 financial and operational results after the close ...

6 months ago - GlobeNewsWire

South Bow Earnings Call Transcript: Q2 2025

Q2 2025 saw CND 250M normalized EBITDA and reaffirmed CND 1.01B 2025 outlook, with 90% contracted cash flows. Remediation of Milepost 171 is progressing, and growth CapEx plus Blackrod cash flows will support deleveraging. Dividend and financial guidance remain strong.

9 months ago - Transcripts

South Bow Reports Second-quarter 2025 Results and Declares Dividend

CALGARY, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its second-quarter 2025 financial and operational results. Unless otherwise no...

9 months ago - GlobeNewsWire

South Bow Announces Extension of Expiration Date for Exchange Offers Relating to Certain Outstanding Notes

CALGARY, Alberta, July 17, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces the extension of the expiration date for the previously announced exchange o...

10 months ago - GlobeNewsWire

South Bow Announces Timing of Second-quarter 2025 Results and Conference Call and Webcast

CALGARY, Alberta, July 10, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its second-quarter 2025 financial and operational results after the close...

10 months ago - GlobeNewsWire

South Bow Earnings Call Transcript: Q1 2025

Q1 2025 saw $266M normalized EBITDA and strong operational performance, with 90% of EBITDA contracted for seven years. Despite the Milepost 171 incident, 2025 guidance is reaffirmed at $1.01B, and all costs are expected to be covered by insurance or tolls.

1 year ago - Transcripts

South Bow Announces Approval of Resolutions at Annual General Meeting of Shareholders

CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces that its shareholders approved all resolutions at the Company's annual genera...

1 year ago - GlobeNewsWire

South Bow Reports First-quarter 2025 Results and Declares Dividend

CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2025 financial and operational results and provides an update...

1 year ago - GlobeNewsWire

South Bow Safely Restarts Keystone Pipeline

CALGARY, Alberta, April 16, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) has safely restarted the Keystone Pipeline (Keystone) after receiving regulatory appr...

1 year ago - GlobeNewsWire

South Bow Announces Timing of First-quarter 2025 Results, Conference Call and Webcast, and Annual General Meeting

CALGARY, Alberta, April 14, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its first-quarter 2025 financial and operational results after the close...

1 year ago - GlobeNewsWire

South Bow Responds to Pipeline Incident at Milepost 171

CALGARY, Alberta, April 09, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) has shut down the Keystone Pipeline (Keystone) and is actively responding to an oil r...

1 year ago - GlobeNewsWire

South Bow Corporation (SOBO) Closes the Market

Toronto, Ontario--(Newsfile Corp. - April 7, 2025) - Bevin Wirzba, President and Chief Executive Officer, South Bow Corporation ("South Bow" or the "Company") (TSX: SOBO), along with 14 proud founders...

1 year ago - Newsfile Corp

South Bow Earnings Call Transcript: Q4 2024

Record 2024 safety and operational results drove $1.09B EBITDA, with 90% of 2025 EBITDA secured by contracts. Leverage will peak at 4.8x in 2025 before deleveraging begins in 2026, while the marketing segment shifts to a more contracted, less volatile model.

1 year ago - Transcripts

South Bow Reports Fourth-quarter and Year-end 2024 Results, Provides 2025 Outlook, and Declares Dividend

CALGARY, Alberta, March 05, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its fourth-quarter and year-end 2024 financial and operational results and pr...

1 year ago - GlobeNewsWire