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SOBO Overview

-
$
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
32.080
Open
31.820
VWAP
31.89
Vol
881.95K
Mkt Cap
6.67B
Low
31.590
Amount
28.13M
EV/EBITDA(TTM)
12.35
Total Shares
208.56M
EV
11.88B
EV/OCF(TTM)
16.58
P/S(TTM)
3.37
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
Q4 Revenue Reaches $503 Million
select
2026-03-05
17:10:00
Sees 2026 Growth CapEx at $10M
select

News

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.
seekingalpha
8.5
04-07seekingalpha
Bridger Pipeline's Canadian Crude Transport Project Overview
  • Project Investment Scale: Bridger Pipeline's proposed project is expected to cost approximately $2 billion, aimed at transporting crude oil from the U.S.-Canada border, indicating the company's commitment to the North American energy market.
  • Increased Transport Capacity: The pipeline is designed to have a capacity exceeding 1.13 million barrels per day, with an initial operational capacity of 550,000 barrels per day, which is expected to significantly enhance the company's competitiveness in the crude oil transportation market.
  • Pipeline Route Planning: The new pipeline will span nearly 650 miles, traveling from the U.S.-Canada border through eastern Montana to Guernsey, Wyoming, optimizing transportation routes and improving logistical efficiency.
  • Market Access Potential: Key tie-in points mentioned in the application will provide potential connections to the Bakken shale oil field, further expanding Bridger's gathering network in North Dakota and enhancing market penetration.
seekingalpha
8.5
03-25seekingalpha
Canada Discusses Keystone XL Pipeline Revival with U.S. Officials
  • Cross-Border Pipeline Talks: Canada's Natural Resources Minister Tim Hodgson revealed discussions with Trump administration representatives in Houston about reviving parts of the canceled Keystone XL pipeline, indicating Canada's proactive stance on energy security.
  • Energy Security Strategy: Hodgson highlighted that while the U.S. is the world's largest oil producer at 12-13 million barrels per day, it consumes 20 million barrels, with Canada supplying approximately 63% of that gap, underscoring the importance of U.S.-Canada energy cooperation.
  • Export Expansion Plans: He also mentioned Canada's aggressive efforts to expand oil exports to non-U.S. markets, with plans to increase the Trans Mountain pipeline's capacity by 300,000 barrels per day to meet rising international demand.
  • Permit Process Advancement: Although the Keystone XL project is fully permitted on the Canadian side, it requires a presidential permit and state regulatory approvals in the U.S., with the Trump administration's energy team working diligently with Canadian partners to navigate this permitting process.
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.
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
Goldman Sachs
John Mackay
Sell
initiated
$29
AI Analysis
2026-04-19
Reason
Goldman Sachs
John Mackay
Price Target
$29
AI Analysis
2026-04-19
initiated
Sell
Reason
Goldman Sachs analyst John Mackay initiated coverage of South Bow with a Sell rating and $29 price target. The firm views the stock's multiple expansion on Prairie Connector, the company's new growth project, as premature. South Bow's capital allocation flexibility is restricted relative peers, creating limited shareholder return growth until 2029, the analyst tells investors in a research note.
Morgan Stanley
Underweight
maintain
$35 -> $39
2026-04-01
Reason
Morgan Stanley
Price Target
$35 -> $39
2026-04-01
maintain
Underweight
Reason
Morgan Stanley raised the firm's price target on South Bow to C$39 from C$35 and keeps an Underweight rating on the shares. In the firm's midstream and renewable energy infrastructure weekly update, the analyst argues that while midstream has received attention relative to higher torque energy subsectors since the start of the Iran war, investors have "started to sharpen their pencils on potential midstream estimate revisions."
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Valuation Metrics

The current forward P/E ratio for South Bow Corp (SOBO.N) is 18.25, compared to its 5-year average forward P/E of 16.02. 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
16.02
Current PE
18.25
Overvalued PE
17.42
Undervalued PE
14.61

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
10.94
Current EV/EBITDA
11.21
Overvalued EV/EBITDA
11.38
Undervalued EV/EBITDA
10.50

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
2.89
Current PS
3.26
Overvalued PS
3.15
Undervalued PS
2.64

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SOBO

R
Recurrent Investment Advisors LLC
Holding
SOBO
+17.07%
3M Return
C
Cushing Asset Management, LP
Holding
SOBO
+12.09%
3M Return
H
Harvest Fund Advisors LLC
Holding
SOBO
+11.85%
3M Return
T
Tortoise Capital Advisors, L.L.C.
Holding
SOBO
+11.12%
3M Return
I
Intact Investment Management Inc.
Holding
SOBO
+8.21%
3M Return
Q
Quadravest Capital Management, Inc.
Holding
SOBO
+7.02%
3M Return

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Frequently Asked Questions

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

The current price of SOBO is 32 USD — it has increased 0.44

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 0.74 USD, increased 174.07

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

South Bow Corp (SOBO) has 600 emplpoyees as of April 25 2026.

What is South Bow Corp (SOBO) market cap?

Today SOBO has the market capitalization of 6.67B USD.