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South Bow Corporation (SOBO)

US · Energy · Oil & Gas Midstream

$35.77+0.62%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$546.0M
Revenue YoY
+4.2%
Net profit
$134.0M
Profit YoY
+39.6%
EPS
$0.50
EPS estimate
$0.45
Net margin
24.5%

EPS came in at 0.50 against a street estimate of 0.45 — a beat of 11.1%.

Key statistics

Market cap
$7.42B
P/E
16.2
Forward P/E
17.9
P/B
2.79
Book value
$12.78
EPS (TTM)
$2.20
Dividend yield
5.62%
52-week high
$39.02
52-week low
$23.88
50-day MA
$37.03
200-day MA
$33.26

Analyst view

with an average price target of $35.44.

From the latest earnings call · 2026-08-06

CONFIDENT South Bow secured 465k bbl/day commitments for Prairie Connector via open season. Raised 2026 EBITDA and FCF guidance. Pursuing mid-2027 FID with focus on permit durability as key enabler. Q2 2026 Gulf Coast segment drove strong Q2 via global trade disruptions. Western Canadian production expected to exceed current egress capacity mid-2027. Analysts pressed permit durability mechanics and funding sources. Management stressed risk allocation framework and multiple paths without specifics, citing ongoing talks. Expansion optionality and West Coast coexistence resonated as differentiators. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
0.07%
Institutions
65.91%

Largest institutional holders

FundStake
Royal Bank of Canada7.86%
FMR Inc4.64%
ClearBridge Advisors, LLC4.16%
BMO Capital Markets Corp.3.16%
Vanguard Capital Management, LLC2.86%
Bank of Montreal2.66%
T. Rowe Price Associates, Inc.2.51%
Thornburg Investment Management Inc1.74%

Corporate actions

ActionDetailDate
Dividend$0.50 / share
ex-date Sep 29, 2026 · pay Oct 15, 2026
2026-09-29
Dividend$0.50 / share
ex-date Jun 30, 2026 · pay Jul 15, 2026
2026-06-30
Dividend$0.50 / share
ex-date Mar 31, 2026 · pay Apr 15, 2026
2026-03-31
Dividend$0.50 / share
ex-date Dec 31, 2025 · pay Jan 15, 2026
2025-12-31
Dividend$0.50 / share
ex-date Sep 29, 2025 · pay Oct 15, 2025
2025-09-29

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Data updated 2026-09-18.