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SOBO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
33.630
Open
33.250
VWAP
33.36
Vol
541.05K
Mkt Cap
6.97B
Low
33.000
Amount
18.05M
EV/EBITDA(TTM)
--
Total Shares
208.30M
EV
12.13B
EV/OCF(TTM)
--
P/S(TTM)
3.47
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.
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Events Timeline

(ET)
2026-03-05
17:10:00
Sees 2026 Growth CapEx at $10M
select
2026-03-05
17:10:00
Q4 Revenue Reaches $503 Million
select

News

NASDAQ.COM
2.0
03-06NASDAQ.COM
South Bow (SOBO) Q4 2025 Earnings Call Transcript
NASDAQ.COM
9.5
03-06NASDAQ.COM
South Bow Corporation Reports Q4 Earnings Growth
  • Earnings Growth: South Bow Corporation reported a net income of $93 million for Q4, translating to an earnings per share (EPS) of $0.45, which marks a significant increase from last year's $55 million and $0.26, indicating improved profitability.
  • Adjusted Earnings: Excluding special items, the company reported adjusted earnings of $99 million, or $0.47 per share, demonstrating stability in its core business performance despite revenue challenges.
  • Revenue Decline: Despite the earnings growth, South Bow's quarterly revenue fell by 5.5%, from $488 million last year to $461 million, reflecting challenges in the market environment.
  • Market Impact: The revenue decline may exert pressure on the company's future growth prospects; while profitability has improved, the ongoing revenue drop could affect investor confidence.
seekingalpha
8.5
03-06seekingalpha
South Bow Launches Open Season for Keystone XL Pipeline Revival
  • Open Season Initiation: South Bow announced on Thursday the launch of a formal open season to solicit long-term shipping commitments for the revival of part of the Keystone XL pipeline, which could increase Canadian crude exports to the U.S. by at least 12%.
  • Transportation Commitment Solicitation: The open season will remain open until March 30, aiming to gather transportation commitments from Hardisty, Alberta, to multiple U.S. delivery points, including the Cushing hub in Oklahoma and destinations on the U.S. Gulf Coast.
  • Project Review Process: Following the open season, South Bow will conduct a 60-day review of the results to determine if sufficient commercial support exists to advance the proposed project, although it still requires approval from the Trump administration.
  • Financial Performance Analysis: South Bow reported that its Q4 adjusted earnings fell from the prior year but exceeded analyst estimates, with throughput from the Keystone pipeline declining from 621K bbl/day to 594K bbl/day, while the U.S. Gulf Coast segment's throughput fell from 784K bbl/day to 680K bbl/day.
seekingalpha
9.5
03-05seekingalpha
South Bow Corporation Q4 Earnings Beat Expectations
  • Earnings Highlights: South Bow Corporation reported a Q4 GAAP EPS of $0.45, beating expectations by $0.05, indicating stability in profitability despite a revenue miss of $461 million, down 5.5% year-over-year, reflecting market demand fluctuations.
  • Financial Outlook Reaffirmed: The company reaffirmed its 2026 guidance with projected normalized EBITDA of approximately $1.03 billion, with about 90% of cash flows secured through committed arrangements, demonstrating resilience and stability against commodity price volatility.
  • Segment Performance: The normalized EBITDA for the Keystone Pipeline System is expected to decrease by $15 million in 2026 compared to 2025, while the Marketing segment is projected to increase by $15 million, reflecting the company's adaptability in response to market recovery.
  • Project Progress and Capital Expenditures: South Bow has placed the Blackrod Connection Project into commercial service and will update its growth capital expenditure outlook once its next development project is sanctioned, showcasing the company's proactive approach to business expansion and capital optimization.
seekingalpha
2.0
02-25seekingalpha
South Bow Corp. Considers Pipeline Expansion Reviving Keystone XL
  • Pipeline Expansion Plan: South Bow Corp. is considering an expansion of its pipeline system that may revive the canceled Keystone XL project, as Bridger Pipeline filed an application last month to build and operate a 550K bbl/day pipeline to transport Canadian crude through Montana to Wyoming.
  • Infrastructure Utilization: The company aims to leverage existing infrastructure and permitted corridors to connect with downstream pipelines in the U.S., which could enhance transport capacity by repurposing parts of the Keystone XL project, thereby reducing the costs associated with constructing new pipelines.
  • Early Project Stage: The expansion concept is still in its early stages, and the company plans to collaborate with prospective customers and stakeholders before sharing further details, indicating a cautious approach in its strategic planning.
  • Steel Resource Reutilization: The Bridger project would allow the
Newsfilter
7.0
02-13Newsfilter
South Bow Corp Releases Independent Analysis on Keystone Pipeline Incident
  • Incident Analysis: The independent root cause analysis revealed that the Keystone Pipeline incident at MP-171 was due to a fatigue crack originating from the pipe's long-seam weld, despite both the pipe and weld conforming to industry standards, indicating no design or material failures.
  • Inspection and Remedial Actions: South Bow has completed seven in-line inspections and 51 integrity digs, with preliminary results indicating no injurious issues, demonstrating the company's swift and effective remedial measures taken post-incident to enhance system integrity.
  • Technical Improvement Plans: The company is closely collaborating with in-line inspection technology vendors to improve tool performance and validation, with additional in-line inspection tool runs and integrity digs scheduled for 2026 to ensure safe operations in the future.
  • Commitment to Regulatory Transparency: South Bow has submitted its remedial work plan to PHMSA, committing to maintain transparency with regulators, customers, and industry peers throughout the process to enhance public trust and ensure compliance.
Wall Street analysts forecast SOBO stock price to rise
11 Analyst Rating
Wall Street analysts forecast SOBO stock price to rise
2 Buy
6 Hold
3 Sell
Hold
Current: 0.000
sliders
Low
25.19
Averages
28.18
High
32.39
Current: 0.000
sliders
Low
25.19
Averages
28.18
High
32.39
RBC Capital
NULL -> Outperform
maintain
$41 -> $48
AI Analysis
2026-03-09
New
Reason
RBC Capital
Price Target
$41 -> $48
AI Analysis
2026-03-09
New
maintain
NULL -> Outperform
Reason
RBC Capital raised the firm's price target on South Bow to C$48 from C$41 and keeps an Outperform rating on the shares.
Barclays
Equal Weight
maintain
$27 -> $33
2026-03-09
New
Reason
Barclays
Price Target
$27 -> $33
2026-03-09
New
maintain
Equal Weight
Reason
Barclays raised the firm's price target on South Bow to $33 from $27 and keeps an Equal Weight rating on the shares. The company reaffirmed its growth targets and continues to progress remedial work related to MP171, the analyst tells investors in a research note.
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Valuation Metrics

The current forward P/E ratio for South Bow Corp (SOBO.N) is 16.82, compared to its 5-year average forward P/E of 16.30. For a more detailed relative valuation and DCF analysis to assess South Bow Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
16.30
Current PE
16.82
Overvalued PE
17.03
Undervalued PE
15.58

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.77
Current EV/EBITDA
10.96
Overvalued EV/EBITDA
11.02
Undervalued EV/EBITDA
10.53

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.79
Current PS
2.97
Overvalued PS
2.95
Undervalued PS
2.64

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SOBO

H
Harvest Fund Advisors LLC
Holding
SOBO
+18.84%
3M Return
T
Tortoise Capital Advisors, L.L.C.
Holding
SOBO
+17.14%
3M Return
C
Cushing Asset Management, LP
Holding
SOBO
+15.88%
3M Return
R
Recurrent Investment Advisors LLC
Holding
SOBO
+14.13%
3M Return
N
Ninepoint Partners LP
Holding
SOBO
+12.55%
3M Return
I
Intact Investment Management Inc.
Holding
SOBO
+9.82%
3M Return

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Frequently Asked Questions

What is South Bow Corp (SOBO) stock price today?

The current price of SOBO is 33.45 USD — it has increased 1.21

What is South Bow Corp (SOBO)'s business?

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.

What is the price predicton of SOBO Stock?

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 is28.18 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.

What is South Bow Corp (SOBO)'s revenue for the last quarter?

South Bow Corp revenue for the last quarter amounts to 503.00M USD, increased 3.16

What is South Bow Corp (SOBO)'s earnings per share (EPS) for the last quarter?

South Bow Corp. EPS for the last quarter amounts to 0.75 USD, increased 177.78

How many employees does South Bow Corp (SOBO). have?

South Bow Corp (SOBO) has 600 emplpoyees as of March 12 2026.

What is South Bow Corp (SOBO) market cap?

Today SOBO has the market capitalization of 6.97B USD.