South Bow Corp/$SOBO

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About South Bow Corp

South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment.

Ticker

$SOBO
Sector

Primary listing

NYSE

Employees

-

Headquarters

Calgary, Canada

South Bow Corp Metrics

BasicAdvanced
$5.4B
18.13
$1.44
-
$2.00
7.65%

Bulls say / Bears say

About 90% of South Bow’s normalized EBITDA is secured through long-term committed arrangements, minimizing exposure to commodity price and volumetric risks. (Reuters)
The Blackrod Connection Project remains on schedule for an early 2026 in-service date, with a completed 150,000-barrel storage tank and cash flows expected to ramp up in the second half of 2026. (GlobeNewswire)
South Bow declared a stable quarterly dividend of $0.50 per share for Q2 2025, reflecting a consistent payout policy supported by robust distributable cash flow. (Nasdaq)
Normalized EBITDA fell 6% quarter-over-quarter to $250 million due to lower Marketing contributions, highlighting the volatility of non-contracted operations. (Nasdaq)
South Bow’s net debt-to-normalized EBITDA ratio stood at 4.6x as of June 30, 2025 and is expected to rise to approximately 4.8x by year-end, underscoring elevated leverage risk. (GlobeNewswire)
With Western Canadian Sedimentary Basin pipeline capacity outstripping supply, demand for uncommitted Keystone throughput is expected to remain low in 2025, limiting growth headroom in the Marketing segment. (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 4 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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