South Bow Corporation (SOBO)
| Market Cap | 7.57B +37.6% |
| Revenue (ttm) | 1.98B -4.6% |
| Net Income | 422.00M +44.5% |
| EPS | 2.02 +44.2% |
| Shares Out | 208.58M |
| PE Ratio | 17.96 |
| Forward PE | 20.35 |
| Dividend | $2.00 (5.51%) |
| Ex-Dividend Date | Jun 30, 2026 |
| Volume | 1,017,573 |
| Open | 35.71 |
| Previous Close | 35.90 |
| Day's Range | 35.60 - 36.35 |
| 52-Week Range | 25.02 - 38.45 |
| Beta | n/a |
| Analysts | Hold |
| Price Target | 33.09 (-8.79%) |
| 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 20 analysts, the average rating for SOBO stock is "Hold." The 12-month stock price target is $33.09, which is a decrease of -8.79% from the latest price.
News
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...
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.
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.
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
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
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.
South Bow Earnings Call Transcript: Q1 2026
Q1 2026 saw strong operational and financial performance, with stable cash flows and progress on strategic projects. Guidance for 2026 was reaffirmed, and leverage remains on track to improve as Blackrod ramps up. Prairie Connector and regional expansions hinge on regulatory clarity and disciplined risk management.
South Bow Earnings release: Q1 2026
South Bow released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.
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...
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...
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.
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
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
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
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...
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