South Bow Corporation (SOBO)
NYSE: SOBO · Real-Time Price · USD
36.65
-0.45 (-1.21%)
Aug 3, 2026, 10:39 AM EDT - Market open

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Keystone Pipeline System Segment Revenue
1.60B1.57B1.64B
Marketing Segment Revenue
358.00M403.00M453.00M
Intra-Alberta & Other Segment Revenue
19.00M18.00M24.00M
Revenue (Total)
1.98B1.99B2.12B

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '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)
1.98B1.99B2.12B

EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Keystone Pipeline System Segment Normalized EBITDA
968.00M970.00M1.03B
Marketing Segment Normalized EBITDA
-17.00M-10.00M12.00M
Intra-Alberta & Other Segment Normalized EBITDA
62.00M62.00M51.00M
Operating Income (Other)
-316.00M-307.00M-346.00M
Operating Income (Total)
697.00M715.00M745.00M

EBT

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Keystone Pipeline System Income Before Income Taxes
763.00M741.00M778.00M
Marketing Income Before Income Taxes
-4.00M27.00M6.00M
Intra-Alberta & Other Income Before Income Taxes
-276.00M-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