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South Bow Corporation (SOBO)
NYSE: SOBO · Real-Time Price · USD
33.09
+0.31 (0.95%)
Nov 11, 2026, 4:00 PM EST - Market closed

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Keystone Pipeline System Segment Revenue
1.64B1.57B1.64B
Marketing Segment Revenue
378.00M403.00M453.00M
Intra-Alberta & Other Segment Revenue
26.00M18.00M24.00M
Revenue (Total)
2.04B1.99B2.12B

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
U.S. Revenue
-1.57B1.68B
Canada - Export Revenue
-401.00M427.00M
Canada - Domestic Revenue
-19.00M18.00M
Revenue (Total)
2.04B1.99B2.12B

EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Keystone Pipeline System Segment Normalized EBITDA
967.00M970.00M1.03B
Marketing Segment Normalized EBITDA
--10.00M12.00M
Intra-Alberta & Other Segment Normalized EBITDA
70.00M62.00M51.00M
Operating Income (Other)
-265.00M-307.00M-346.00M
Operating Income (Total)
772.00M715.00M745.00M

EBT

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Sep '26 Dec '25 Dec '24 Dec '23
Keystone Pipeline System Income Before Income Taxes
789.00M741.00M778.00M
Marketing Income Before Income Taxes
12.00M27.00M6.00M
Intra-Alberta & Other Income Before Income Taxes
-266.00M-271.00M-366.00M

Capital Expenditures

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Keystone Pipeline System Capital Expenditures
36.00M35.00M
Intra-Alberta & Other Capital Expenditures
152.00M106.00M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Keystone Pipeline System Operating Factor (SOF)
94.00%95.00%
Keystone Pipeline Throughput (Mbbl/d)
584.00626.00
U.S. Gulf Coast Segment of Keystone Pipeline System Throughput (Mbbl/d)
718.00795.00
Marketlink Throughput (Mbbl/d)
563.00614.00