View Future GrowthSouth Bow 過去の業績過去 基準チェック /36South Bowは、平均年間53.3%の収益成長を遂げていますが、 Oil and Gas業界の収益は、年間 成長しています。収益は、平均年間5.4% 2.1%収益成長率で 減少しています。 South Bowの自己資本利益率は17.3%であり、純利益率は23%です。主要情報53.33%収益成長率52.93%EPS成長率Oil and Gas 業界の成長33.67%収益成長率-2.10%株主資本利益率17.26%ネット・マージン22.99%前回の決算情報30 Jun 2026最近の業績更新Reported Earnings • 23hSecond quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.64 (up from US$0.46 in 2Q 2025). Revenue: US$546.0m (up 4.2% from 2Q 2025). Net income: US$134.0m (up 40% from 2Q 2025). Profit margin: 25% (up from 18% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Oil and Gas industry in the US.お知らせ • Jul 01South Bow Corporation to Report Q2, 2026 Results on Aug 05, 2026South Bow Corporation announced that they will report Q2, 2026 results After-Market on Aug 05, 2026お知らせ • Apr 10South Bow Corporation to Report Q1, 2026 Results on May 07, 2026South Bow Corporation announced that they will report Q1, 2026 results After-Market on May 07, 2026Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$2.08 (up from US$1.52 in FY 2024). Revenue: US$2.04b (down 3.9% from FY 2024). Net income: US$433.0m (up 37% from FY 2024). Profit margin: 21% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Oil and Gas industry in the US.お知らせ • Feb 06South Bow Corporation to Report Q4, 2025 Results on Mar 05, 2026South Bow Corporation announced that they will report Q4, 2025 results After-Market on Mar 05, 2026Reported Earnings • Nov 16Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0.45 (up from US$0.29 in 3Q 2024). Revenue: US$461.0m (down 14% from 3Q 2024). Net income: US$93.0m (up 53% from 3Q 2024). Profit margin: 20% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US.すべての更新を表示Recent updatesReported Earnings • 23hSecond quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.64 (up from US$0.46 in 2Q 2025). Revenue: US$546.0m (up 4.2% from 2Q 2025). Net income: US$134.0m (up 40% from 2Q 2025). Profit margin: 25% (up from 18% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Oil and Gas industry in the US.お知らせ • Aug 06South Bow Corporation Declares Quarterly Dividend, Payable on October 15, 2026South Bow Corporation Declared a quarterly dividend of $0.50 per share, payable on October 15, 2026, to shareholders of record at the close of business on September 29, 2026. The dividend will be designated as an eligible dividend for Canadian income tax purposes.Seeking Alpha • Jul 23South Bow Corporation: Hold On To This Energy Infrastructure Company Fueling The EconomySummary South Bow Corporation (SOBO) operates critical oil pipeline infrastructure connecting Canadian crude to US markets, supporting essential economic functions. I rate SOBO as a hold due to modest revenue growth, a high P/B of 2.92, and a 5.35% dividend yield, despite robust free cash flow. SOBO’s Keystone Pipeline System drives 85% of revenue, with segment growth offset by sharp declines in Marketing due to risk management losses. Geopolitical tensions and oil price volatility present both potential tailwinds and risks, but current valuation and near-52-week highs limit upside. Read the full article on Seeking Alphaお知らせ • Jul 01South Bow Corporation to Report Q2, 2026 Results on Aug 05, 2026South Bow Corporation announced that they will report Q2, 2026 results After-Market on Aug 05, 2026Upcoming Dividend • Jun 23Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 30 June 2026. Payment date: 15 July 2026. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 5.5%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.5%).Declared Dividend • May 11First quarter dividend of US$0.50 announcedDividend of US$0.50 is the same as last year. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (69% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 9.7% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • May 09South Bow Corporation Approves A Quarterly Dividend, Payable on July 15, 2026South Bow Corporation's board of directors approved a quarterly dividend of $0.50 per share, payable on July 15, 2026, to shareholders of record at the close of business on June 30, 2026. The dividends will be designated as eligible dividends for Canadian income tax purposes.お知らせ • Apr 10South Bow Corporation to Report Q1, 2026 Results on May 07, 2026South Bow Corporation announced that they will report Q1, 2026 results After-Market on May 07, 2026Upcoming Dividend • Mar 24Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Payout ratio and cash payout ratio are on the higher end at 96% and 77% respectively. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (3.1%).Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$2.08 (up from US$1.52 in FY 2024). Revenue: US$2.04b (down 3.9% from FY 2024). Net income: US$433.0m (up 37% from FY 2024). Profit margin: 21% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Oil and Gas industry in the US.Recent Insider Transactions • Mar 12President recently sold US$2.3m worth of stockOn the 9th of March, Bevin Wirzba sold around 70k shares on-market at roughly US$33.39 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bevin has been a net seller over the last 12 months, reducing personal holdings by US$1.6m.Price Target Changed • Mar 09Price target increased by 8.8% to US$30.92Up from US$28.42, the current price target is an average from 16 analysts. New target price is 7.4% below last closing price of US$33.38. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$1.72 for next year compared to US$1.52 last year.Declared Dividend • Mar 09Third quarter dividend of US$0.50 announcedDividend of US$0.50 is the same as last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio) nor is it covered by cash flows (121% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. EPS is expected to grow by 23% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Mar 06South Bow Corporation Approves a Quarterly Dividend, Payable on April 15, 2026South Bow Corporation's board of directors approved a quarterly dividend of $0.50 per share, payable on April 15, 2026, to shareholders of record at the close of business on March 31, 2026.お知らせ • Feb 16South Bow Corporation, Annual General Meeting, May 07, 2026South Bow Corporation, Annual General Meeting, May 07, 2026.お知らせ • Feb 06South Bow Corporation to Report Q4, 2025 Results on Mar 05, 2026South Bow Corporation announced that they will report Q4, 2025 results After-Market on Mar 05, 2026Board Change • Dec 31High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Chairman of the Board Hal Kvisle is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Upcoming Dividend • Dec 24Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.1%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.1%).Declared Dividend • Nov 17Third quarter dividend of US$0.50 announcedDividend of US$0.50 is the same as last year. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 7.3%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio) nor is it covered by cash flows (121% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. EPS is expected to grow by 25% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Reported Earnings • Nov 16Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0.45 (up from US$0.29 in 3Q 2024). Revenue: US$461.0m (down 14% from 3Q 2024). Net income: US$93.0m (up 53% from 3Q 2024). Profit margin: 20% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US.お知らせ • Nov 14South Bow Corporation Approves Quarterly Dividend, Payable on January 15, 2026South Bow Corporation's board of directors approved a quarterly dividend of $0.50 per share, payable on January 15, 2026, to shareholders of record at the close of business on December 31, 2025. The dividends will be designated as eligible dividends for Canadian income tax purposes.お知らせ • Oct 17South Bow Corporation to Report Q3, 2025 Results on Nov 13, 2025South Bow Corporation announced that they will report Q3, 2025 results After-Market on Nov 13, 2025Price Target Changed • Oct 08Price target increased by 11% to US$29.20Up from US$26.25, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of US$28.43. Stock is up 18% over the past year. The company is forecast to post earnings per share of US$1.66 for next year compared to US$1.52 last year.Upcoming Dividend • Sep 22Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 October 2025. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 7.2%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.0%).Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.46 (up from US$0.42 in 2Q 2024). Revenue: US$524.0m (down 5.4% from 2Q 2024). Net income: US$96.0m (up 9.1% from 2Q 2024). Profit margin: 18% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Oil and Gas industry in the US.お知らせ • Aug 07South Bow Corporation Approves Quarterly Dividend, Payable on October 15, 2025South Bow Corporation board of directors approved a quarterly dividend of $0.50 per share, payable on October 15, 2025, to shareholders of record at the close of business on September 29, 2025.お知らせ • Jul 11South Bow Corporation to Report Q2, 2025 Results on Aug 06, 2025South Bow Corporation announced that they will report Q2, 2025 results After-Market on Aug 06, 2025お知らせ • Jun 23South Bow Corporation(TSX:SOBO) dropped from FTSE All-World Index (USD)South Bow Corporation(TSX:SOBO) dropped from FTSE All-World Index (USD)お知らせ • May 16South Bow Corporation Approves Quarterly Dividend, Payable on July 15, 2025South Bow Corporation approved a quarterly dividend of $0.50 per share, payable on July 15, 2025 to shareholders of record at the close of business on June 30, 2025. The dividends will be designated as eligible dividends for Canadian income tax purposes.お知らせ • Apr 16South Bow Corp. Safely Restarts Keystone PipelineSouth Bow Corp. has safely restarted the Keystone Pipeline (Keystone) after receiving regulatory approval from the Pipeline and Hazardous Materials Safety Administration (PHMSA), following South Bow's response to an oil release at Milepost 171 (MP-171) of Keystone on April 8, 2025, near Fort Ransom, North Dakota. South Bow is actively progressing its response and recovery efforts, having repaired and replaced the impacted pipe, and recovered substantially most of the estimated release volume of 3,500 barrels of oil, working now to remediate the impacted soil. South Bow's primary focus remains the safety of onsite personnel and mitigating risks to the environment and the community surrounding Fort Ransom. South Bow will continue its clean-up activities until the site has been fully remediated, with continuous air quality monitoring steadily showing no indication of adverse health or public concerns. South Bow will continue working closely with regulators, local officials, landowners, and the community. On April 11, 2025, PHMSA issued a Corrective Action Order (CAO), requiring South Bow to undertake certain corrective actions in response to the MP-171 incident. As part of the CAO, South Bow developed a restart plan that was subsequently approved by PHMSA, authorizing Keystone's return to service under certain operating pressure restrictions. South Bow is committed to the safe operation of Keystone and has notified the Canada Energy Regulator that the Company is also implementing certain operating pressure restrictions on the Canadian sections of the pipeline. The pipeline was operating within its design and regulatory approval requirements at the time of the incident. In addition to working closely with regulators, South Bow will work closely with customers during Keystone's return to service.お知らせ • Apr 15South Bow Corporation to Report Q1, 2025 Results on May 15, 2025South Bow Corporation announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 15, 2025Upcoming Dividend • Mar 24Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 15 April 2025. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 7.6%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.8%).New Risk • Mar 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 102% Dividend yield: 8.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Dividend is not well covered by cash flows (102% cash payout ratio). Profit margins are more than 30% lower than last year (15% net profit margin).お知らせ • Mar 07South Bow Corporation, Annual General Meeting, May 15, 2025South Bow Corporation, Annual General Meeting, May 15, 2025.お知らせ • Mar 06South Bow Corporation Approves Quarterly Dividend, Payable on April 15, 2025South Bow’s board of directors approved a quarterly dividend of $0.50/share, payable on April 15, 2025 to shareholders of record at the close of business on March 31, 2025. The dividends will be designated as eligible dividends for Canadian income tax purposes.お知らせ • Feb 06South Bow Corporation to Report Q4, 2024 Results on Mar 05, 2025South Bow Corporation announced that they will report Q4, 2024 results After-Market on Mar 05, 2025Seeking Alpha • Jan 27South Bow: Canadian Investors Can Get Paid In USD With This 8% Yielding StockSummary South Bow, a TC Energy spinoff, offers an 8% USD dividend yield, ideal for Canadians needing USD income and hedging against currency fluctuations. South Bow's cash flow is secured by long-term take-or-pay contracts, ensuring dividend stability and sustainability. Dividends are tax-advantaged, avoiding IRS withholding taxes and qualifying for the Canadian Dividend Tax Credit. SOBO's valuation is based on pro forma earnings, with future growth supported by modest capital plans and debt reduction strategies. Read the full article on Seeking AlphaNew Risk • Jan 20New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Dec 02Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at US$24.82. The fair value is estimated to be US$32.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only.お知らせ • Nov 08South Bow Corporation Declares Inaugural Quarterly Dividend, Payable on January 31, 2025South Bow Corporation announced that its board of directors has declared South Bow’s inaugural quarterly dividend of USD 0.50 per share, payable on January 31, 2025 to shareholders of record at the close of business on December 31, 2024.収支内訳South Bow の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NYSE:SOBO 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費30 Jun 262,00146011031 Mar 261,97942211031 Dec 251,98643311030 Sep 251,9713323030 Jun 252,0443003031 Mar 252,0742923031 Dec 242,1203163030 Sep 242,1773663030 Jun 242,1853983031 Mar 242,1394583031 Dec 232,00544230質の高い収益: SOBOは 高品質の収益 を持っています。利益率の向上: SOBOの現在の純利益率 (23%)は、昨年(14.7%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SOBOの過去 5 年間の前年比収益成長率がプラスであったかどうかを判断するにはデータが不十分です。成長の加速: SOBOの過去 1 年間の収益成長を 5 年間の平均と比較するにはデータが不十分です。収益対業界: SOBOの過去 1 年間の収益成長率 ( 53.3% ) はOil and Gas業界25.5%を上回りました。株主資本利益率高いROE: SOBOの 自己資本利益率 ( 17.3% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YEnergy 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/07 21:19終値2026/08/07 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋South Bow Corporation 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関Nathan HeywoodATB CormarkTheresa ChenBarclaysBenjamin PhamBMO Capital Markets Equity Research22 その他のアナリストを表示
Reported Earnings • 23hSecond quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.64 (up from US$0.46 in 2Q 2025). Revenue: US$546.0m (up 4.2% from 2Q 2025). Net income: US$134.0m (up 40% from 2Q 2025). Profit margin: 25% (up from 18% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Oil and Gas industry in the US.
お知らせ • Jul 01South Bow Corporation to Report Q2, 2026 Results on Aug 05, 2026South Bow Corporation announced that they will report Q2, 2026 results After-Market on Aug 05, 2026
お知らせ • Apr 10South Bow Corporation to Report Q1, 2026 Results on May 07, 2026South Bow Corporation announced that they will report Q1, 2026 results After-Market on May 07, 2026
Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$2.08 (up from US$1.52 in FY 2024). Revenue: US$2.04b (down 3.9% from FY 2024). Net income: US$433.0m (up 37% from FY 2024). Profit margin: 21% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Oil and Gas industry in the US.
お知らせ • Feb 06South Bow Corporation to Report Q4, 2025 Results on Mar 05, 2026South Bow Corporation announced that they will report Q4, 2025 results After-Market on Mar 05, 2026
Reported Earnings • Nov 16Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0.45 (up from US$0.29 in 3Q 2024). Revenue: US$461.0m (down 14% from 3Q 2024). Net income: US$93.0m (up 53% from 3Q 2024). Profit margin: 20% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US.
Reported Earnings • 23hSecond quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$0.64 (up from US$0.46 in 2Q 2025). Revenue: US$546.0m (up 4.2% from 2Q 2025). Net income: US$134.0m (up 40% from 2Q 2025). Profit margin: 25% (up from 18% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Oil and Gas industry in the US.
お知らせ • Aug 06South Bow Corporation Declares Quarterly Dividend, Payable on October 15, 2026South Bow Corporation Declared a quarterly dividend of $0.50 per share, payable on October 15, 2026, to shareholders of record at the close of business on September 29, 2026. The dividend will be designated as an eligible dividend for Canadian income tax purposes.
Seeking Alpha • Jul 23South Bow Corporation: Hold On To This Energy Infrastructure Company Fueling The EconomySummary South Bow Corporation (SOBO) operates critical oil pipeline infrastructure connecting Canadian crude to US markets, supporting essential economic functions. I rate SOBO as a hold due to modest revenue growth, a high P/B of 2.92, and a 5.35% dividend yield, despite robust free cash flow. SOBO’s Keystone Pipeline System drives 85% of revenue, with segment growth offset by sharp declines in Marketing due to risk management losses. Geopolitical tensions and oil price volatility present both potential tailwinds and risks, but current valuation and near-52-week highs limit upside. Read the full article on Seeking Alpha
お知らせ • Jul 01South Bow Corporation to Report Q2, 2026 Results on Aug 05, 2026South Bow Corporation announced that they will report Q2, 2026 results After-Market on Aug 05, 2026
Upcoming Dividend • Jun 23Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 30 June 2026. Payment date: 15 July 2026. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 5.5%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (3.5%).
Declared Dividend • May 11First quarter dividend of US$0.50 announcedDividend of US$0.50 is the same as last year. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio). However, it is covered by cash flows (69% cash payout ratio). The dividend has not increased over the past 2 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 9.7% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • May 09South Bow Corporation Approves A Quarterly Dividend, Payable on July 15, 2026South Bow Corporation's board of directors approved a quarterly dividend of $0.50 per share, payable on July 15, 2026, to shareholders of record at the close of business on June 30, 2026. The dividends will be designated as eligible dividends for Canadian income tax purposes.
お知らせ • Apr 10South Bow Corporation to Report Q1, 2026 Results on May 07, 2026South Bow Corporation announced that they will report Q1, 2026 results After-Market on May 07, 2026
Upcoming Dividend • Mar 24Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Payout ratio and cash payout ratio are on the higher end at 96% and 77% respectively. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (3.1%).
Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$2.08 (up from US$1.52 in FY 2024). Revenue: US$2.04b (down 3.9% from FY 2024). Net income: US$433.0m (up 37% from FY 2024). Profit margin: 21% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Oil and Gas industry in the US.
Recent Insider Transactions • Mar 12President recently sold US$2.3m worth of stockOn the 9th of March, Bevin Wirzba sold around 70k shares on-market at roughly US$33.39 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Bevin has been a net seller over the last 12 months, reducing personal holdings by US$1.6m.
Price Target Changed • Mar 09Price target increased by 8.8% to US$30.92Up from US$28.42, the current price target is an average from 16 analysts. New target price is 7.4% below last closing price of US$33.38. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$1.72 for next year compared to US$1.52 last year.
Declared Dividend • Mar 09Third quarter dividend of US$0.50 announcedDividend of US$0.50 is the same as last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio) nor is it covered by cash flows (121% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. EPS is expected to grow by 23% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Mar 06South Bow Corporation Approves a Quarterly Dividend, Payable on April 15, 2026South Bow Corporation's board of directors approved a quarterly dividend of $0.50 per share, payable on April 15, 2026, to shareholders of record at the close of business on March 31, 2026.
お知らせ • Feb 16South Bow Corporation, Annual General Meeting, May 07, 2026South Bow Corporation, Annual General Meeting, May 07, 2026.
お知らせ • Feb 06South Bow Corporation to Report Q4, 2025 Results on Mar 05, 2026South Bow Corporation announced that they will report Q4, 2025 results After-Market on Mar 05, 2026
Board Change • Dec 31High number of new and inexperienced directorsThere are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. Chairman of the Board Hal Kvisle is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Upcoming Dividend • Dec 24Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.1%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.1%).
Declared Dividend • Nov 17Third quarter dividend of US$0.50 announcedDividend of US$0.50 is the same as last year. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 7.3%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (125% earnings payout ratio) nor is it covered by cash flows (121% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 39% to bring the payout ratio under control. EPS is expected to grow by 25% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Reported Earnings • Nov 16Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0.45 (up from US$0.29 in 3Q 2024). Revenue: US$461.0m (down 14% from 3Q 2024). Net income: US$93.0m (up 53% from 3Q 2024). Profit margin: 20% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US.
お知らせ • Nov 14South Bow Corporation Approves Quarterly Dividend, Payable on January 15, 2026South Bow Corporation's board of directors approved a quarterly dividend of $0.50 per share, payable on January 15, 2026, to shareholders of record at the close of business on December 31, 2025. The dividends will be designated as eligible dividends for Canadian income tax purposes.
お知らせ • Oct 17South Bow Corporation to Report Q3, 2025 Results on Nov 13, 2025South Bow Corporation announced that they will report Q3, 2025 results After-Market on Nov 13, 2025
Price Target Changed • Oct 08Price target increased by 11% to US$29.20Up from US$26.25, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of US$28.43. Stock is up 18% over the past year. The company is forecast to post earnings per share of US$1.66 for next year compared to US$1.52 last year.
Upcoming Dividend • Sep 22Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 October 2025. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 7.2%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (4.0%).
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.46 (up from US$0.42 in 2Q 2024). Revenue: US$524.0m (down 5.4% from 2Q 2024). Net income: US$96.0m (up 9.1% from 2Q 2024). Profit margin: 18% (up from 16% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Oil and Gas industry in the US.
お知らせ • Aug 07South Bow Corporation Approves Quarterly Dividend, Payable on October 15, 2025South Bow Corporation board of directors approved a quarterly dividend of $0.50 per share, payable on October 15, 2025, to shareholders of record at the close of business on September 29, 2025.
お知らせ • Jul 11South Bow Corporation to Report Q2, 2025 Results on Aug 06, 2025South Bow Corporation announced that they will report Q2, 2025 results After-Market on Aug 06, 2025
お知らせ • Jun 23South Bow Corporation(TSX:SOBO) dropped from FTSE All-World Index (USD)South Bow Corporation(TSX:SOBO) dropped from FTSE All-World Index (USD)
お知らせ • May 16South Bow Corporation Approves Quarterly Dividend, Payable on July 15, 2025South Bow Corporation approved a quarterly dividend of $0.50 per share, payable on July 15, 2025 to shareholders of record at the close of business on June 30, 2025. The dividends will be designated as eligible dividends for Canadian income tax purposes.
お知らせ • Apr 16South Bow Corp. Safely Restarts Keystone PipelineSouth Bow Corp. has safely restarted the Keystone Pipeline (Keystone) after receiving regulatory approval from the Pipeline and Hazardous Materials Safety Administration (PHMSA), following South Bow's response to an oil release at Milepost 171 (MP-171) of Keystone on April 8, 2025, near Fort Ransom, North Dakota. South Bow is actively progressing its response and recovery efforts, having repaired and replaced the impacted pipe, and recovered substantially most of the estimated release volume of 3,500 barrels of oil, working now to remediate the impacted soil. South Bow's primary focus remains the safety of onsite personnel and mitigating risks to the environment and the community surrounding Fort Ransom. South Bow will continue its clean-up activities until the site has been fully remediated, with continuous air quality monitoring steadily showing no indication of adverse health or public concerns. South Bow will continue working closely with regulators, local officials, landowners, and the community. On April 11, 2025, PHMSA issued a Corrective Action Order (CAO), requiring South Bow to undertake certain corrective actions in response to the MP-171 incident. As part of the CAO, South Bow developed a restart plan that was subsequently approved by PHMSA, authorizing Keystone's return to service under certain operating pressure restrictions. South Bow is committed to the safe operation of Keystone and has notified the Canada Energy Regulator that the Company is also implementing certain operating pressure restrictions on the Canadian sections of the pipeline. The pipeline was operating within its design and regulatory approval requirements at the time of the incident. In addition to working closely with regulators, South Bow will work closely with customers during Keystone's return to service.
お知らせ • Apr 15South Bow Corporation to Report Q1, 2025 Results on May 15, 2025South Bow Corporation announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 15, 2025
Upcoming Dividend • Mar 24Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 31 March 2025. Payment date: 15 April 2025. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 7.6%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (3.8%).
New Risk • Mar 09New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 102% Dividend yield: 8.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Dividend is not well covered by cash flows (102% cash payout ratio). Profit margins are more than 30% lower than last year (15% net profit margin).
お知らせ • Mar 07South Bow Corporation, Annual General Meeting, May 15, 2025South Bow Corporation, Annual General Meeting, May 15, 2025.
お知らせ • Mar 06South Bow Corporation Approves Quarterly Dividend, Payable on April 15, 2025South Bow’s board of directors approved a quarterly dividend of $0.50/share, payable on April 15, 2025 to shareholders of record at the close of business on March 31, 2025. The dividends will be designated as eligible dividends for Canadian income tax purposes.
お知らせ • Feb 06South Bow Corporation to Report Q4, 2024 Results on Mar 05, 2025South Bow Corporation announced that they will report Q4, 2024 results After-Market on Mar 05, 2025
Seeking Alpha • Jan 27South Bow: Canadian Investors Can Get Paid In USD With This 8% Yielding StockSummary South Bow, a TC Energy spinoff, offers an 8% USD dividend yield, ideal for Canadians needing USD income and hedging against currency fluctuations. South Bow's cash flow is secured by long-term take-or-pay contracts, ensuring dividend stability and sustainability. Dividends are tax-advantaged, avoiding IRS withholding taxes and qualifying for the Canadian Dividend Tax Credit. SOBO's valuation is based on pro forma earnings, with future growth supported by modest capital plans and debt reduction strategies. Read the full article on Seeking Alpha
New Risk • Jan 20New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Dec 02Now 23% undervaluedThe stock has been flat over the last 90 days, currently trading at US$24.82. The fair value is estimated to be US$32.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
お知らせ • Nov 08South Bow Corporation Declares Inaugural Quarterly Dividend, Payable on January 31, 2025South Bow Corporation announced that its board of directors has declared South Bow’s inaugural quarterly dividend of USD 0.50 per share, payable on January 31, 2025 to shareholders of record at the close of business on December 31, 2024.