South Bow Corporation (TSX:SOBO)

Canada flag Canada · Delayed Price · Currency is CAD
51.50
+0.25 (0.49%)
May 19, 2026, 4:00 PM EST
Market Cap10.74B +49.5%
Revenue (ttm)2.76B -4.6%
Net Income589.05M +44.5%
EPS2.82 +44.2%
Shares Out208.58M
PE Ratio18.26
Forward PE20.65
Dividend2.75 (5.36%)
Ex-Dividend DateJun 30, 2026
Volume876,234
Average Volume1,347,601
Open51.50
Previous Close51.25
Day's Range51.25 - 51.83
52-Week Range34.35 - 51.83
Betan/a
RSI75.93
Earnings DateMay 7, 2026

About South Bow

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 2023
Country Canada
Stock Exchange Toronto Stock Exchange
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 numbers in USD Financial Statements

News

South Bow price target raised to C$49 from C$48 at RBC Capital

RBC Capital raised the firm’s price target on South Bow (SOBO) to C$49 from C$48 and keeps an Outperform rating on the shares.

8 days ago - TheFly

South Bow price target raised to C$47 from C$44 at TD Securities

TD Securities analyst Aaron MacNeil raised the firm’s price target on South Bow (SOBO) to C$47 from C$44 and keeps a Hold rating on the shares.

11 days ago - TheFly

South Bow price target raised to $36 from $34 at Scotiabank

Scotiabank analyst Robert Hope raised the firm’s price target on South Bow (SOBO) to $36 from $34 and keeps a Sector Perform rating on the shares. A lower than expected

11 days ago - TheFly

South Bow price target raised to C$49 from C$45 at BMO Capital

BMO Capital analyst Ben Pham raised the firm’s price target on South Bow (SOBO) to C$49 from C$45 and keeps a Market Perform rating on the shares. Published first on

11 days ago - TheFly

South Bow working to secure required permitting for Canada-US oil pipeline proposal

Canadian crude oil pipeline company South Bow said on Friday it is ​beginning efforts to obtain required permits across ‌the U.S. route of its Prairie Connector project.

11 days ago - Reuters

South Bow Earnings Call Transcript: Q1 2026

Q1 2026 saw strong operational performance, stable cash flows, and solid financial results, with Blackrod online and Keystone throughput high. Guidance for 2026 is reaffirmed, leverage remains stable, and growth is balanced with disciplined capital allocation.

11 days ago - Transcripts

South Bow Earnings release: Q1 2026

South Bow released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.

11 days ago - Filings

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

CALGARY, Alberta, May 07, 2026 (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...

12 days ago - GlobeNewsWire

South Bow Reports First-quarter 2026 Results and Declares Dividend

CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2026 financial and operational results. Unless otherwise note...

12 days ago - GlobeNewsWire

South Bow Slides: Corporate presentation

South Bow has posted slides in relation to its latest quarterly earnings report, which was published on May 7, 2026.

12 days ago - Filings

South Bow price target raised to C$44 from C$43 at TD Securities

TD Securities raised the firm’s price target on South Bow (SOBO) to C$44 from C$43 and keeps a Hold rating on the shares. Published first on TheFly – the ultimate

18 days ago - TheFly

South Bow price target raised to C$45 from C$44 at BMO Capital

BMO Capital analyst Ben Pham raised the firm’s price target on South Bow (SOBO) to C$45 from C$44 and keeps a Market Perform rating on the shares. Published first on

22 days ago - TheFly

South Bow initiated with a Sell at Goldman Sachs

Goldman Sachs analyst John Mackay initiated coverage of South Bow (SOBO) with a Sell rating and $29 price target The firm views the stock’s multiple expansion on Prairie Connector, the

4 weeks ago - TheFly

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...

5 weeks ago - GlobeNewsWire

South Bow price target raised to C$39 from C$35 at Morgan Stanley

Morgan Stanley raised the firm’s price target on South Bow (SOBO) to C$39 from C$35 and keeps an Underweight rating on the shares. In the firm’s midstream and renewable energy

6 weeks ago - TheFly

South Bow price target raised to C$42 from C$40 at TD Securities

TD Securities raised the firm’s price target on South Bow (SOBO) to C$42 from C$40 and keeps a Hold rating on the shares. The firm updated the company’s model for

2 months ago - TheFly

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.

2 months ago - GlobeNewsWire

South Bow price target raised to C$48 from C$41 at RBC Capital

RBC Capital raised the firm’s price target on South Bow (SOBO) to C$48 from C$41 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate

2 months ago - TheFly

South Bow price target raised to $33 from $27 at Barclays

Barclays raised the firm’s price target on South Bow (SOBO) to $33 from $27 and keeps an Equal Weight rating on the shares. The company reaffirmed its growth targets and

2 months ago - TheFly

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...

2 months ago - Reuters

South Bow price target raised to $33 from $28 at CIBC

CIBC raised the firm’s price target on South Bow (SOBO) to $33 from $28 and keeps a Neutral rating on the shares. The firm views the company’s’ Q4 results as

2 months ago - TheFly

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.

2 months ago - Transcripts

South Bow Annual report: Q4 2025

South Bow has published its Q4 2025 annual report on March 6, 2026.

2 months ago - Filings

South Bow Earnings release: Q4 2025

South Bow released its Q4 2025 earnings on March 6, 2026, summarizing the period's financial results.

2 months ago - Filings

South Bow price target raised to $34 from $30 at Scotiabank

Scotiabank analyst Robert Hope raised the firm’s price target on South Bow (SOBO) to $34 from $30 and keeps a Sector Perform rating on the shares. The firm is increasing

2 months ago - TheFly