South Bow Corporation (SOBO)

NYSE: SOBO · Real-Time Price · USD
34.71
-0.40 (-1.14%)
May 8, 2026, 4:00 PM EDT - Market closed
Market Cap7.24B +41.1%
Revenue (ttm)1.98B -4.6%
Net Income422.00M +44.5%
EPS2.02 +44.2%
Shares Out 208.58M
PE Ratio17.15
Forward PE19.35
Dividend$2.00 (5.76%)
Ex-Dividend DateJun 30, 2026
Volume986,269
Open34.35
Previous Close35.11
Day's Range33.97 - 35.56
52-Week Range24.51 - 35.56
Betan/a
AnalystsSell
Price Target30.43 (-12.33%)
Earnings DateMay 7, 2026

About SOBO

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 cru... [Read more]

Sector Energy
Founded 2024
Country Canada
Stock Exchange NYSE
Ticker Symbol SOBO
Full Company Profile

Financial Performance

In 2025, South Bow's revenue was $1.99 billion, a decrease of -6.32% compared to the previous year's $2.12 billion. Earnings were $433.00 million, an increase of 37.03%.

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for SOBO stock is "Sell." The 12-month stock price target is $30.43, which is a decrease of -12.33% from the latest price.

Price Target
$30.43
(-12.33% downside)
Analyst Consensus: Sell
Stock Forecasts

News

South Bow price target raised to C$47 from C$44 at TD Securities

TD Securities analyst Aaron MacNeil raised the firm’s price target on South Bow (SOBO) to C$47 from C$44 and keeps a Hold rating on the shares.

Other symbols: SOBO
1 day ago - TheFly

South Bow price target raised to $36 from $34 at Scotiabank

Scotiabank analyst Robert Hope raised the firm’s price target on South Bow (SOBO) to $36 from $34 and keeps a Sector Perform rating on the shares. A lower than expected

Other symbols: SOBO
1 day ago - TheFly

South Bow price target raised to C$49 from C$45 at BMO Capital

BMO Capital analyst Ben Pham raised the firm’s price target on South Bow (SOBO) to C$49 from C$45 and keeps a Market Perform rating on the shares. Published first on

Other symbols: SOBO
1 day ago - TheFly

South Bow working to secure required permitting for Canada-US oil pipeline proposal

Canadian crude oil pipeline company South Bow said on Friday it is ​beginning efforts to obtain required permits across ‌the U.S. route of its Prairie Connector project.

1 day ago - Reuters

South Bow Earnings Call Transcript: Q1 2026

Q1 2026 saw strong operational performance, stable cash flows, and solid financial results, with Blackrod online and Keystone throughput high. Guidance for 2026 is reaffirmed, leverage remains stable, and growth is balanced with disciplined capital allocation.

2 days ago - Transcripts

South Bow Announces Approval of Resolutions at Annual General Meeting of Shareholders

CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces that its shareholders approved all resolutions at the Company's annual genera...

2 days ago - GlobeNewsWire

South Bow Reports First-quarter 2026 Results and Declares Dividend

CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2026 financial and operational results. Unless otherwise note...

2 days ago - GlobeNewsWire

South Bow price target raised to C$44 from C$43 at TD Securities

TD Securities raised the firm’s price target on South Bow (SOBO) to C$44 from C$43 and keeps a Hold rating on the shares. Published first on TheFly – the ultimate

8 days ago - TheFly

South Bow price target raised to C$45 from C$44 at BMO Capital

BMO Capital analyst Ben Pham raised the firm’s price target on South Bow (SOBO) to C$45 from C$44 and keeps a Market Perform rating on the shares. Published first on

12 days ago - TheFly

South Bow initiated with a Sell at Goldman Sachs

Goldman Sachs analyst John Mackay initiated coverage of South Bow (SOBO) with a Sell rating and $29 price target The firm views the stock’s multiple expansion on Prairie Connector, the

20 days ago - TheFly

South Bow Announces Timing of First-quarter 2026 Results, Conference Call and Webcast, and Annual General Meeting

CALGARY, Alberta, April 09, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its first-quarter 2026 financial and operational results after the close...

4 weeks ago - GlobeNewsWire

South Bow price target raised to C$39 from C$35 at Morgan Stanley

Morgan Stanley raised the firm’s price target on South Bow (SOBO) to C$39 from C$35 and keeps an Underweight rating on the shares. In the firm’s midstream and renewable energy

5 weeks ago - TheFly

South Bow price target raised to C$42 from C$40 at TD Securities

TD Securities raised the firm’s price target on South Bow (SOBO) to C$42 from C$40 and keeps a Hold rating on the shares. The firm updated the company’s model for

7 weeks ago - TheFly

South Bow Files 2025 Annual Disclosure Documents

CALGARY, Alberta, March 13, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow) filed its 2025 annual disclosure documents on March 13, 2026.

2 months ago - GlobeNewsWire

South Bow price target raised to C$48 from C$41 at RBC Capital

RBC Capital raised the firm’s price target on South Bow (SOBO) to C$48 from C$41 and keeps an Outperform rating on the shares. Published first on TheFly – the ultimate

2 months ago - TheFly

South Bow price target raised to $33 from $27 at Barclays

Barclays raised the firm’s price target on South Bow (SOBO) to $33 from $27 and keeps an Equal Weight rating on the shares. The company reaffirmed its growth targets and

2 months ago - TheFly

South Bow says US, Canada policy shift boosts prospects for Keystone XL revival

The company ​behind a plan to revive the Keystone XL pipeline system to increase Canadian oil exports to ‌the United States is hopeful a North American policy shift in favour of energy development wil...

2 months ago - Reuters

South Bow price target raised to $33 from $28 at CIBC

CIBC raised the firm’s price target on South Bow (SOBO) to $33 from $28 and keeps a Neutral rating on the shares. The firm views the company’s’ Q4 results as

2 months ago - TheFly

South Bow Earnings Call Transcript: Q4 2025

2025 results slightly exceeded expectations, with strong safety, successful Blackrod project completion, and robust cash flow supporting deleveraging and dividends. Guidance for 2026 is reaffirmed, with growth focused on organic and inorganic opportunities and ongoing regulatory engagement for Keystone.

2 months ago - Transcripts

South Bow price target raised to $34 from $30 at Scotiabank

Scotiabank analyst Robert Hope raised the firm’s price target on South Bow (SOBO) to $34 from $30 and keeps a Sector Perform rating on the shares. The firm is increasing

2 months ago - TheFly

South Bow price target raised to C$44 from C$40 at BMO Capital

BMO Capital analyst Ben Pham raised the firm’s price target on South Bow (SOBO) to C$44 from C$40 and keeps a Market Perform rating on the shares. Published first on

2 months ago - TheFly

South Bow sees 2026 normalized EBITDA $1.03B +/- 2% vs. $1.02B in 2025

Sees 2026 growth CapEx $10M and maintenance CapEx $25M +/- $10M. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-perfor...

2 months ago - TheFly

South Bow reports Q4 normalized EPS 61c, consensus 40c

Reports Q4 revenue $503M vs. $488M last year. Q4 throughput on the Keystone Pipeline and the U.S. Gulf Coast segment of the Keystone Pipeline System averaged approximately 594,000 bbl/d and

2 months ago - TheFly

South Bow Reports Fourth-quarter and Year-end 2025 Results and Declares Dividend

CALGARY, Alberta, March 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its fourth-quarter and year-end 2025 financial and operational results. Unles...

2 months ago - GlobeNewsWire

Exclusive: Carney knew of South Bow's Keystone XL plans before White House meeting, source says

Canadian Prime Minister Mark Carney was aware of oil company South Bow's plans to revive parts of the canceled Keystone XL pipeline to the United States when he floated the idea to U.S. President Dona...

2 months ago - Reuters