South Bow Corporation (SOBO)
| Market Cap | 7.86B +34.4% |
| Revenue (ttm) | 2.00B -2.1% |
| Net Income | 460.00M +53.3% |
| EPS | 2.20 +52.7% |
| Shares Out | 208.59M |
| PE Ratio | 17.09 |
| Forward PE | 21.17 |
| Dividend | $2.00 (5.30%) |
| Ex-Dividend Date | Sep 29, 2026 |
| Volume | 424,996 |
| Open | 38.57 |
| Previous Close | 38.41 |
| Day's Range | 37.53 - 38.92 |
| 52-Week Range | 25.02 - 38.94 |
| Beta | n/a |
| Analysts | Sell |
| Price Target | 35.39 (-6.18%) |
| Earnings Date | Aug 5, 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 4 analysts, the average rating for SOBO stock is "Sell." The 12-month stock price target is $35.39, which is a decrease of -6.18% from the latest price.
News
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/d of 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…
South Bow price target raised to C$48 from C$47 at Barclays
Barclays analyst Theresa Chen raised the firm’s price target on South Bow (SOBO) to C$48 from C$47 and keeps an Equal Weight rating on the shares. The firm expects “steady…
South Bow to pay over $26.8M civil penalty over Clean Water Act violations
The Justice Department, on behalf of the Environmental Protection Agency and State of Kansas, filed a complaint and proposed consent decree to resolve allegations that South Bow (SOBO) LP and…
South Bow Announces Timing of Second-quarter 2026 Results and Conference Call and Webcast
CALGARY, Alberta, July 08, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its second-quarter 2026 financial and operational results after the close...
South Bow price target raised to C$50 from C$49 at BMO Capital
BMO Capital raised the firm’s price target on South Bow (SOBO) to C$50 from C$49 and keeps a Market Perform rating on the shares.
South Bow initiated with an Outperform at Raymond James
Raymond James initiated coverage of South Bow (SOBO) with an Outperform rating and C$60 price target Keystone is an “irreplaceable long-duration asset that underpins predictable cash flows for decades...
South Bow Slides: Corporate presentation
South Bow has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.
South Bow targets 2027 decision on Canada-US oil pipeline revival
Canada's South Bow will decide whether to proceed with its proposed partial revival of the Keystone XL oil pipeline by mid-2027, the company said on Friday, as it announced it has secured the shipper...
South Bow secures 20-year binding commitments for firm transportation service
South Bow (SOBO) announced the successful outcome of its open season, which closed on March 30, securing 20-year binding commitments for firm transportation service from Hardisty, Alta., to U.S. deliv...
South Bow Announces Successful Open Season
CALGARY, Alberta, May 29, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces the successful outcome of its open season, which closed on March 30, 2026, se...
South Bow price target raised to C$57 from C$53 at Jefferies
Jefferies raised the firm’s price target on South Bow (SOBO) to C$57 from C$53 and keeps a Buy rating on the shares. The firm updated its assumptions on the SOBO…
Canada's South Bow delays Keystone XL restart until US permit assured
South Bow will not proceed with a partial revival of the Keystone XL pipeline until it has proof that a U.S. presidential permit is "durable," the pipeline operator's CEO, Bevin Wirzba, said on Th...
South Bow price target raised to $36 from $33 at CIBC
CIBC analyst Robert Catellier raised the firm’s price target on South Bow (SOBO) to $36 from $33 and keeps a Neutral rating on the shares. The firm updated models in…
South Bow price target raised to $34 from $33 at Barclays
Barclays raised the firm’s price target on South Bow (SOBO) to $34 from $33 and keeps an Equal Weight rating on the shares. The firm says its meetings with midstream…
South Bow Q1 Earnings Call Highlights
South Bow NYSE: SOBO reported first-quarter 2026 results that management said were supported by stable cash flows, strong system operations and continued progress on key capital and integrity initiati...