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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
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0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
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Intellectia

Loading chart...

High
37.300
Open
36.600
VWAP
37.00
Vol
653.36K
Mkt Cap
7.78B
Low
36.410
Amount
24.17M
EV/EBITDA(TTM)
13.68
Total Shares
208.58M
EV
12.94B
EV/OCF(TTM)
16.64
P/S(TTM)
3.94
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

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News

seekingalpha
8.5
01:11 AMseekingalpha
Canada Signs New Oil Pipeline Agreement
  • New Pipeline Agreement: Canadian Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a deal to construct a new pipeline capable of transporting 1 million barrels of crude oil per day to British Columbia's coast, aiming to meet Asian demand and enhance Canada's competitiveness in the global energy market.
  • Carbon Tax Adjustment: The agreement includes a plan to raise Alberta's industrial carbon price, with an expected increase to C$130/metric ton (approximately US$94.59) by 2040, although at a slower pace than previously projected, which may pressure the oil industry and affect its competitiveness against the U.S. market.
  • Surge in Market Demand: Premier Smith noted that the blockage of the Strait of Hormuz has increased Asian demand for new and reliable oil supplies, further emphasizing the need for a new Canadian pipeline, which is expected to create new growth opportunities for the Canadian oil sector.
  • Accelerated Project Approval: Alberta has until July 1 to submit a proposed pipeline project for federal backing; if approved, Carney could declare it in the national interest, expediting the approval process and potentially allowing construction to begin as early as September 2027.
seekingalpha
8.0
05-08seekingalpha
South Bow Corporation Declares $0.50 Quarterly Dividend
  • Dividend Declaration: South Bow Corporation has declared a quarterly dividend of $0.50 per share, consistent with previous distributions, indicating stable cash flow and profitability, which is likely to attract more investor interest.
  • Yield Performance: The forward yield of 4.17% not only provides shareholders with a substantial return but also reflects the company's competitiveness and appeal in the current market environment.
  • Record Date for Shareholders: The dividend will be payable on July 15, with a record date of June 30 and an ex-dividend date also set for June 30, providing investors with a clear timeline for their investment decisions.
  • Financial Performance: In its latest earnings report, South Bow Corporation reported a GAAP EPS of $0.75, beating expectations by $0.28, with revenue of $491 million exceeding forecasts by $8.2 million, showcasing the company's strong financial performance and growth potential.
seekingalpha
9.5
05-07seekingalpha
South Bow Corporation Q1 2026 Earnings Beat Expectations
  • Earnings Surprise: South Bow Corporation reported a Q1 2026 GAAP EPS of $0.75, exceeding expectations by $0.28, indicating strong profitability that may boost investor confidence.
  • Slight Revenue Decline: Revenue of $491 million, down 1.4% year-over-year, still beat market expectations by $8.2 million, demonstrating the company's ability to maintain relatively stable sales amid challenges.
  • Financial Guidance: The 2026 guidance indicates a normalized EBITDA of $3.1 million and financial charges of $430,000, reflecting the company's efforts in cost control and financial optimization.
  • Cash Flow and Capital Expenditures: Distributable cash flow is projected at $365,000, with capital expenditures planned at $610,000 for growth and $725,000 for maintenance, showcasing the company's commitment to future growth investments.
seekingalpha
8.5
05-01seekingalpha
Trump Signs Cross-Border Permit for Bridger Pipeline Expansion Project
  • Permit Approval: President Trump signed an order granting a cross-border permit for the Bridger pipeline expansion project, aimed at reviving parts of the Keystone XL pipeline to transport Canadian oil to Guernsey, Wyoming, potentially increasing Canadian crude exports to the U.S. by over 12%.
  • Increased Capacity: The pipeline is designed to transport 550,000 barrels of Canadian crude per day over 647 miles through eastern Montana and Wyoming, although Guernsey is not an end market for oil, it will supply U.S. refining hubs with necessary feedstock.
  • Market Demand and Risks: South Bow is seeking firm commitments from Canadian oil shippers for 450,000 barrels per day, and while analysts note that additional links are needed to transport oil to U.S. refining centers, state regulatory permits and potential court challenges pose risks.
  • Economic Viability Analysis: According to Matthew Lewis of Plainview Energy Analytics, if potential shippers are comfortable with the regulatory risks, the project's economics appear sound, and the pipeline is expected to offer competitive rates to major U.S. market hubs.
seekingalpha
6.0
04-20seekingalpha
Goldman Sachs Downgrades Hess Midstream and South Bow Ratings
  • Rating Downgrade Impact: Goldman Sachs downgraded Hess Midstream (HESM) and South Bow (SOBO) to Sell with price targets of $32 and $29 respectively, resulting in a 2.3% drop for HESM and a 1.8% decline for SOBO, with HESM set to close at its lowest in two months.
  • Risk and Reward Challenges: Analyst John Mackay noted that while Hess Midstream is a high-quality midstream business, its growth profile may lag peers due to a plateauing production outlook from Chevron (CVX) in the Bakken shale, coupled with significant long-term recontracting risks.
  • M&A Potential: Mackay highlighted that Hess Midstream could be a potential M&A target given its strategic partnership with Chevron, especially in light of Chevron's past acquisition of Noble Midstream, which may present strategic value for investors.
  • Uncertain Project Outlook: For South Bow, despite management's strong execution since its spinout from TC Energy in October 2024, Mackay remains cautious about the new Prairie Connector project, viewing the recent stock multiple expansion as premature without clear commercial support and a defined investment decision path.
Newsfilter
9.5
04-09Newsfilter
South Bow Corp to Release Q1 2026 Financial Results
  • Earnings Release Schedule: South Bow Corp will release its Q1 2026 financial and operational results after market close on May 7, 2026, which is expected to provide investors with critical performance metrics and market trend analysis.
  • Conference Call Details: The company's senior leadership will host a conference call on May 8, 2026, at 8 a.m. MT to discuss the Q1 results, likely attracting significant investor interest and enhancing transparency and communication.
  • Annual Shareholder Meeting: South Bow's annual meeting is scheduled for May 7, 2026, in a virtual format to increase shareholder attendance and voting convenience, reflecting the company's commitment to shareholder interests.
  • Forward-Looking Statements: The news release includes forward-looking statements regarding the timing of financial results and associated risks, emphasizing the company's sensitivity to market conditions and regulatory environments, and reminding investors of potential uncertainties.
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
to
Outperform
maintain
$48 -> $49
AI Analysis
2026-05-11
Reason
RBC Capital
Price Target
$48 -> $49
AI Analysis
2026-05-11
maintain
NULL
to
Outperform
Reason
RBC Capital raised the firm's price target on South Bow to C$49 from C$48 and keeps an Outperform rating on the shares.
BMO Capital
Ben Pham
maintain
$45 -> $49
2026-05-08
Reason
BMO Capital
Ben Pham
Price Target
$45 -> $49
2026-05-08
maintain
Reason
BMO Capital analyst Ben Pham raised the firm's price target on South Bow to C$49 from C$45 and keeps a Market Perform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SOBO
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Valuation Metrics

The current forward P/E ratio for South Bow Corp (SOBO.N) is 20.12, compared to its 5-year average forward P/E of 16.19. 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
16.19
Current PE
20.12
Overvalued PE
17.79
Undervalued PE
14.60

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
11.02
Current EV/EBITDA
14.30
Overvalued EV/EBITDA
11.63
Undervalued EV/EBITDA
10.41

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
2.93
Current PS
3.75
Overvalued PS
3.22
Undervalued PS
2.63

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SOBO

R
Recurrent Investment Advisors LLC
Holding
SOBO
+15.96%
3M Return
H
Harvest Fund Advisors LLC
Holding
SOBO
+8.14%
3M Return
N
Ninepoint Partners LP
Holding
SOBO
+8.04%
3M Return
C
Cushing Asset Management, LP
Holding
SOBO
+7.95%
3M Return
T
Tortoise Capital Advisors, L.L.C.
Holding
SOBO
+7.47%
3M Return
Q
Quadravest Capital Management, Inc.
Holding
SOBO
+5.44%
3M Return

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Frequently Asked Questions

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

The current price of SOBO is 37.28 USD — it has increased 1.86

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 491.00M USD, decreased -1.41

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 0.37 USD, decreased -11.90

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

South Bow Corp (SOBO) has 600 emplpoyees as of May 17 2026.

What is South Bow Corp (SOBO) market cap?

Today SOBO has the market capitalization of 7.78B USD.