South Bow Corporation (SOBO)
| Market Cap | 6.90B +28.1% |
| Revenue (ttm) | 2.04B +3.7% |
| Net Income | 466.00M +40.4% |
| EPS | 2.22 +40.2% |
| Shares Out | 208.66M |
| PE Ratio | 14.90 |
| Forward PE | 17.32 |
| Dividend | $2.00 (6.04%) |
| Ex-Dividend Date | Dec 31, 2026 |
| Volume | 594,866 |
| Open | 33.09 |
| Previous Close | 32.78 |
| Day's Range | 32.67 - 33.15 |
| 52-Week Range | 25.94 - 39.02 |
| Beta | 0.98 |
| Analysts | Hold |
| Price Target | 34.38 (+3.9%) |
| Earnings Date | Nov 4, 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]
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 StatementsAnalyst Summary
According to 20 analysts, the average rating for SOBO stock is "Hold." The 12-month stock price target is $34.38, which is an increase of 3.90% from the latest price.
News
South Bow upgraded to Buy from Hold at TD Securities
TD Securities upgraded South Bow (SOBO) to Buy from Hold with an unchanged price target of C$51. The stock’s 20% pullback since the July highs has created a buying opportunity,…
South Bow Q3 Earnings Call Highlights
South Bow NYSE: SOBO raised its 2026 distributable cash flow forecast after reporting third-quarter results in line with expectations, while management said it continues to target a mid-2027 investmen...
South Bow Earnings Call Transcript: Q3 2026
Q3 results met expectations, with normalized EBITDA of $248 million and 2026 distributable cash flow guidance raised 4% to ~$690 million. Prairie Connector remains targeted for mid-2027 FID, subject to permit durability, as production growth and disciplined deleveraging shape the outlook.
South Bow Earnings release: Q3 2026
South Bow released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
South Bow Quarterly report: Q3 2026
South Bow has published its Q3 2026 quarterly earnings report on November 5, 2026.
South Bow price target raised to $34 from $33 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on South Bow (SOBO) to $34 from $33 and keeps an Underweight rating on the shares.
South Bow reports Q3 normalized EPS 50c, consensus 42c
Reports Q3 revenue $546M, consensus $467.69M. The company said, “During the third quarter of 2026, South Bow (SOBO) experienced a tragic contractor fatality at its Cushing, Okla. facility. The loss…
South Bow Reports Third-quarter 2026 Results, Provides 2027 Outlook, and Declares Dividend
CALGARY, Alberta, Nov. 04, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its third-quarter 2026 financial and operational results and provides its 2027...
South Bow Slides: Corporate presentation
South Bow has posted slides in relation to its latest quarterly earnings report, which was published on November 4, 2026.
South Bow price target lowered to $35 from $36 at CIBC
CIBC analyst Robert Catellier lowered the firm’s price target on South Bow (SOBO) to $35 from $36 and keeps a Neutral rating on the shares. The firm downgraded three names…
South Bow price target lowered to C$52 from C$53 at TD Securities
TD Securities lowered the firm’s price target on South Bow (SOBO) to C$52 from C$53 and keeps a Hold rating on the shares. The firm adjusted targets in the midstream…
South Bow price target raised to C$64 from C$62 at Raymond James
Raymond James raised the firm’s price target on South Bow (SOBO) to C$64 from C$62 and keeps an Outperform rating on the shares.
South Bow downgraded to Underweight from Equal Weight at Barclays
Barclays downgraded South Bow (SOBO) to Underweight from Equal Weight with a price target of $33, down from $35. The firm says that despite Prairie Connector’s recent commercial milestone, the…
South Bow Announces Timing of Third-quarter 2026 Results and Conference Call and Webcast
CALGARY, Alberta, Oct. 07, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its third-quarter 2026 financial and operational results after the close ...
South Bow price target raised to C$54 from C$49 at RBC Capital
RBC Capital raised the firm’s price target on South Bow (SOBO) to C$54 from C$49 and keeps an Outperform rating on the shares.
South Bow Q2 Earnings Call Highlights
South Bow NYSE: SOBO said its second-quarter results reflected strong operating performance and elevated demand on the U.S. Gulf Coast portion of its Keystone Pipeline System, prompting the company to...
South Bow price target raised to $35 from $34 at Barclays
Barclays raised the firm’s price target on South Bow (SOBO) to $35 from $34 and keeps an Equal Weight rating on the shares.
South Bow Earnings Call Transcript: Q2 2026
Secured 465,000 bbl/day in 20-year commitments, raised EBITDA and cash flow guidance, and improved leverage to 4.4x. Advanced Prairie Connector and Liberty Bridge projects, with strong Gulf Coast throughput and disciplined capital allocation.
South Bow Earnings release: Q2 2026
South Bow released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
South Bow reports Q2 normalized EPS 44c, consensus 43c
Reports Q2 revenue $491M, consensus $487.83M. The company said, “Recent geopolitical events have caused significant market volatility, underscoring the importance of a secure and reliable North Americ...
South Bow sees Q3 normalized EBITDA 10% lower than $280M in Q2
The company said, “South Bow (SOBO) expects third-quarter 2026 normalized EBITDA to be approximately 10% lower than second-quarter 2026 normalized EBITDA of $280 million as demand for capacity on the…
South Bow raises FY26 adjusted EBITDA view to $1.04B +2%/-1% from $1.03B+/- 2%
The company said, “South Bow (SOBO) is increasing its 2026 growth capital expenditures guidance to approximately $80 million, within a range of $10 million, which includes $65 million of anticipated…
South Bow Slides: Corporate presentation
South Bow has posted slides in relation to its latest quarterly earnings report, which was published on August 5, 2026.
South Bow price target raised to $39 from $36 at Scotiabank
Scotiabank raised the firm’s price target on South Bow (SOBO) to $39 from $36 and keeps a Sector Perform rating on the shares. The firm is updating its Energy Infrastructure…
South Bow price target raised to C$53 from C$51 at TD Securities
TD Securities raised the firm’s price target on South Bow (SOBO) to C$53 from C$51 and keeps a Hold rating on the shares. The firm adjusted targets in the midstream…