Tuesday's ETF Movers: JETS, MLPX
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2025
0mins
Source: NASDAQ.COM
ETF Performance: The Global X MLP & Energy Infrastructure ETF is underperforming, down approximately 0.7% in afternoon trading on Tuesday, with Kinder Morgan and South Bow shares declining by 1.9% and 1.7%, respectively.
Market Commentary: The opinions expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Analyst Views on SOBO
Wall Street analysts forecast SOBO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOBO is 28.18 USD with a low forecast of 25.19 USD and a high forecast of 32.39 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
2 Buy
6 Hold
3 Sell
Hold
Current: 27.120
Low
25.19
Averages
28.18
High
32.39
Current: 27.120
Low
25.19
Averages
28.18
High
32.39
About SOBO
South Bow Corp is an energy infrastructure company, which owns and operates critical liquids pipelines and facilities extending across Canada and the United States. Its segments include Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the Company's liquid pipeline system, which connects crude oil production in Hardisty, Alberta to key refining and demand markets in the United States Midwest and Gulf Coast. It provides crude oil transportation service from Hardisty, Alberta, to various delivery points in the United States Midwest and Gulf Coast. Marketing segment provides customers with a variety of crude oil marketing services, including transportation, storage, and logistics. Intra-Alberta pipelines segment is comprised of the Grand Rapids Pipeline and White Spruce Pipeline, which provide crude oil transportation from Alberta’s oil sands region to terminals in the Edmonton and Heartland refining and market regions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
