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SOBO

South Bow Corporation

Energy · USD

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Price alert · SOBO

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35.96 USD +0.02 +0.06%
As of Oct 30, 2026 Extended hours 35.98 +0.05%
Bid
35.94 × 300
Ask
35.98 × 300
35.76 Day range 36.14
25.26 52-week range 38.67
YTD
+30.91%
1 year
+39.22%
Open
36.06
Prev close
35.94
Mkt cap
7.50B
Vol
343.77K
Avg vol
683.31K
EPS
2.20
P/E
16.35
Div yield
5.56%
More statistics
Low
35.76
High
36.14
Forward P/E
18.50
Beta
0.99
Short ratio
11.04
Inst. own
65.94%
Dividend
2.00
Ex-div date
Sep 28, 2026
Earnings
Nov 4, 2026
50-d avg
35.42
200-d avg
34.39
1y target
34.50

5D chart

Chart tools
Interval
SOBO five-day price chart34.835.135.435.836.1Oct 23Oct 26Oct 27Oct 28Oct 29

Key statistics

Market cap
7.47B
Enterprise value
12.53B
Trailing P/E
16.28
Forward P/E
18.50
PEG ratio
0.00
Price / sales
3.73
Price / book
2.80
EPS (TTM)
2.20
Beta
0.99
Dividend yield
5.56%
Payout ratio
90.91%
Profit margin
22.99%
Revenue (TTM)
2.00B
Revenue growth
4.20%
Free cash flow
337.98M
Total cash
726.00M
Total debt
5.76B
Return on equity
17.35%
Shares outstanding
208.59M
Short % of float
0.00%
50-day average
35.42
200-day average
34.39

Analyst view

Consensus: hold

Hold
Price target (mean) 34.50 -4.0% downside
Target (low)
30.00
Target (mean)
34.50
Target (high)
39.00
Ratings (0m) 20 5 buy · 9 hold · 6 sell
  • Strong buy2
  • Buy3
  • Hold9
  • Sell4
  • Strong sell2

Next earnings

Nov 4, 2026

Expected Nov 4, 2026. Consensus EPS estimate 0.42232.

Earnings history

Financials — quick view

All financials
SOBO Revenue — quarterly 546.00M
2023-Q1 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
SOBO Net income — quarterly 134.00M
2023-Q1 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
SOBO EPS — quarterly 0.64
2024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

SOBO recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 4, 2026Sep 30, 20260.43———
Aug 5, 2026Jun 30, 20260.450.50+0.05+11.11%
May 7, 2026Mar 31, 20260.460.44-0.02-4.35%
Mar 5, 2026Dec 31, 20250.420.61+0.19+45.24%
Nov 13, 2025Sep 30, 20250.380.47+0.09+23.68%
Aug 6, 2025Jun 30, 20250.380.42+0.04+10.53%

Upgrades / downgrades

SOBO analyst upgrades and downgrades
DateFirmActionFromTo
Oct 22, 2026CIBCmainNeutralNeutral
Oct 9, 2026BarclaysdownEqual-WeightUnderweight
Aug 7, 2026BarclaysmainEqual-WeightEqual-Weight
Jul 21, 2026ScotiabankmainSector PerformSector Perform
May 26, 2026CIBCmainNeutralNeutral
May 21, 2026BarclaysmainEqual-WeightEqual-Weight

About South Bow Corporation

South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the company's main liquids pipeline network, which transports crude oil from Hardisty, Alberta, to key U.S. markets including Wood River, Patoka, Illinois, Cushing, Oklahoma, and the Gulf Coast. The Marketing segment provides crude oil marketing services, including transportation, storage, and logistics, and engages in physical crude oil trading and hedging activities. The Intra-Alberta & Other segment comprises pipelines such as the Grand Rapids Pipeline and White Spruce Pipeline, offering crude oil transportation from Alberta's oil sands to refining and market regions, and includes corporate and financing activities. The company also operates 4,900 kilometres of crude oil pipeline infrastructure connecting Alberta crude oil supplies to the U.S. refining markets in the U.S. Midwest and Gulf Coast. In addition, the company offers ancillary services, including storage at terminals. The company was incorporated in 2023 and is based in Calgary, Canada.

Sector
Energy
Industry
Oil & Gas Midstream
Country
Canada
Website
southbow.com

News

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Insider holders

SOBO insider holders
InsiderRelationLatest transactionDateShares held
Dafoe (P Van R)Senior Officer of IssuerAcquisition or disposition under a purchase/ownership planMar 8, 202636,296
Joung (Chansoo)Director of IssuerAcquisition or disposition in the public marketMar 25, 202650,000
Kvisle (Harold N.)Director of IssuerAcquisition or disposition in the public marketSep 28, 202633,000
Muratta (Lori Michelle)Senior Officer of IssuerAcquisition or disposition in the public marketJun 8, 202635,600
Phillips (Robert Glenn)Director of IssuerAcquisition or disposition in the public marketNov 30, 20252,000
Prior (Richard)Senior Officer of IssuerAcquisition or disposition in the public marketSep 27, 202648,545

Institution ownership

SOBO institution ownership
Holder% heldSharesValueReported
FMR, LLC10.50%21,894,771784.05MJun 29, 2026
Royal Bank of Canada6.98%14,568,356521.69MJun 29, 2026
ClearBridge Investments, LLC4.25%8,855,108317.10MJun 29, 2026
Vanguard Capital Management LLC2.90%6,048,601216.60MJun 29, 2026
Bank of Montreal /CAN/2.66%5,554,724198.91MJun 29, 2026
Price (T.Rowe) Associates Inc2.51%5,244,591187.81MJun 29, 2026

Fund ownership

SOBO fund ownership
Holder% heldSharesValueReported
Fidelity Investment Trust-Fidelity Series Canada Fund2.57%5,354,006191.73MAug 30, 2026
THORNBURG INVESTMENT TRUST-Thornburg Investment Income Builder Fund1.64%3,421,560122.53MJun 29, 2026
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund1.48%3,088,022110.58MJul 30, 2026
GLOBAL X FUNDS-Global X MLP & Energy Infrastructure ETF1.07%2,233,01679.96MSep 29, 2026
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund0.98%2,034,53772.86MJun 29, 2026
American Century ETF Trust-Avantis International Small Cap Value ETF0.84%1,744,60962.47MSep 29, 2026
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