South Bow (SOBO) Stock Overview
Operates as an energy infrastructure company. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
SOBO Community Fair Values
Create NarrativeSee what 33 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
South Bow Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$51.11 |
| 52 Week High | CA$53.74 |
| 52 Week Low | CA$35.27 |
| Beta | 0 |
| 1 Month Change | -4.13% |
| 3 Month Change | 12.03% |
| 1 Year Change | 42.69% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 70.37% |
Recent News & Updates
SOBO: Future Project Execution Risks May Undermine Recently Higher Market Expectations
Analysts have nudged the South Bow fair value estimate higher from CA$27.85 to CA$29.80 as they factor in refreshed price targets, including CA$50 from BMO Capital, CA$57 from Jefferies, and CA$60 from Raymond James, supported by views that key assets and projects could underpin more resilient cash flow and slightly stronger profitability assumptions. Analyst Commentary Recent research on South Bow has centered on how its core assets and project pipeline might support cash flow visibility, while leaving room for debate on execution risk, capital intensity and long term growth.
SOBO: Long Duration Pipeline Cash Flows Will Drive Future Repricing
The analyst price target for South Bow has been raised from about CA$45 to roughly CA$61. Analysts point to long-duration cash flows from Keystone, expected progress on the Prairie Connector project, and updated assumptions on the broader SBT project as key supports for the higher valuation.Recent updates
SOBO: Future Project Execution Risks May Undermine Recently Higher Market Expectations
Analysts have nudged the South Bow fair value estimate higher from CA$27.85 to CA$29.80 as they factor in refreshed price targets, including CA$50 from BMO Capital, CA$57 from Jefferies, and CA$60 from Raymond James, supported by views that key assets and projects could underpin more resilient cash flow and slightly stronger profitability assumptions. Analyst Commentary Recent research on South Bow has centered on how its core assets and project pipeline might support cash flow visibility, while leaving room for debate on execution risk, capital intensity and long term growth.SOBO: Long Duration Pipeline Cash Flows Will Drive Future Repricing
The analyst price target for South Bow has been raised from about CA$45 to roughly CA$61. Analysts point to long-duration cash flows from Keystone, expected progress on the Prairie Connector project, and updated assumptions on the broader SBT project as key supports for the higher valuation.Is South Bow (TSE:SOBO) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...South Bow's (TSE:SOBO) Returns Have Hit A Wall
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Shareholder Returns
| SOBO | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | 3.7% | 2.4% | 0.02% |
| 1Y | 42.7% | 40.1% | 29.5% |
Return vs Industry: SOBO exceeded the Canadian Oil and Gas industry which returned 40.1% over the past year.
Return vs Market: SOBO exceeded the Canadian Market which returned 29.5% over the past year.
Price Volatility
| SOBO volatility | |
|---|---|
| SOBO Average Weekly Movement | 3.5% |
| Oil and Gas Industry Average Movement | 7.6% |
| Market Average Movement | 9.6% |
| 10% most volatile stocks in CA Market | 16.7% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: SOBO has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: SOBO's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2023 | n/a | Bevin Wirzba | www.southbow.com |
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.
South Bow Corporation Fundamentals Summary
| SOBO fundamental statistics | |
|---|---|
| Market cap | CA$10.66b |
| Earnings (TTM) | CA$597.40m |
| Revenue (TTM) | CA$2.80b |
Is SOBO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOBO income statement (TTM) | |
|---|---|
| Revenue | US$1.98b |
| Cost of Revenue | US$1.03b |
| Gross Profit | US$953.00m |
| Other Expenses | US$531.00m |
| Earnings | US$422.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 05, 2026
| Earnings per share (EPS) | 2.02 |
| Gross Margin | 48.16% |
| Net Profit Margin | 21.32% |
| Debt/Equity Ratio | 216.1% |
How did SOBO perform over the long term?
See historical performance and comparisonDividends
Does SOBO pay a reliable dividends?
See SOBO dividend history and benchmarks| South Bow dividend dates | |
|---|---|
| Ex Dividend Date | Jun 30 2026 |
| Dividend Pay Date | Jul 15 2026 |
| Days until Ex dividend | 12 days |
| Days until Dividend pay date | 3 days |
Does SOBO pay a reliable dividends?
See SOBO dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/12 02:09 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
South Bow Corporation is covered by 25 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Cormark |
| Theresa Chen | Barclays |
| Benjamin Pham | BMO Capital Markets Equity Research |