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South Bow(TSX) SOBO

Market CapCA$10.35BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2024)+85%
5 YearN/A
1 Year+43%
1 Month+4%
CA$49.60
+2.56%
+1.24Today
South Bow last closing stock price
MetricPriceDate
Last closeCAD 49.602026-10-23
South Bow stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.18%CAD 49.022026-10-16
1 month+3.91%CAD 47.742026-09-23
3 month-7.25%CAD 53.482026-07-24
Year to date+37.25%CAD 36.142025-12-31
1 year+43.13%CAD 34.652025-10-23
Since inception+85.23%CAD 26.112024-09-25

South Bow Financials at a Glance

Market Cap

CA$10.35BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.92B

Net Income (TTM)

$462.40M

EPS (TTM)

CA$2.88

P/E Ratio

17.21

Dividend

CA$2.80

Beta (Volatility)

0.34 (Low)

Price

CA$49.60

Volume

626,360

Open

CA$48.47

Previous Close

CA$49.60

Daily Range

CA$48.47 - CA$49.62

52-Week Range

CA$35.28 - CA$54.90

Estimated Earnings Date

Nov 4, 2026

SOBO News

No articles available.

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About South Bow

South Bow Corporation is an energy infrastructure company specializing in the development and management of pipeline systems. The corporation focuses on the transportation of crude oil and other liquid products across Canada and the United States, with its headquarters located in Calgary, Canada.

Products and Services
  • Development and management of pipeline systems
  • Transportation of crude oil and liquid products
  • Energy infrastructure solutions across North America
Growth Outlook
  • Revenue increased to CAD 546 million in Q2 2026, up from CAD 491 million in Q1 2026
  • Operating income margin improved to 43.8% in Q2 2026
  • Strong demand for energy infrastructure supports future expansion opportunities
Financial Highlights
  • Trailing twelve-month revenue of CAD 2.1 billion, reflecting robust operational performance
  • Net income of CAD 134 million in Q2 2026, showcasing profitability
  • Dividend yield of 5.72%, indicating attractive returns for investors
South Bow Corporation operates in the oil and gas midstream sector, which is critical for energy distribution. The recent quarterly performance demonstrates a solid upward trend in revenue and profitability, indicating effective management and operational efficiency. The company's focus on pipeline systems positions it well to capitalize on the growing demand for energy infrastructure in North America. With a strong dividend yield, South Bow Corporation presents an appealing option for investors seeking exposure to the energy sector.
AI Generated • Oct 21, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

536

CEO

Bevin Wirzba, MBA

Website

www.southbow.com

Headquarters

Calgary, AB T2P 1V8, CA

SOBO Financials

Key Financial Metrics (TTM)

Gross Margin

55.52%

Operating Margin

30.94%

Net Income Margin

24.12%

Return on Equity

17.36%

Return on Capital

3.74%

Return on Assets

4.06%

Earnings Yield

5.81%

Dividend Yield

5.65%

Payout Ratio

1.10%

Stock Overview

Market Cap

CA$10.35BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

208.59M

Volume

626.36K

Avg. Volume

575.96K

Financials (TTM)

Gross Profit

$1.06B

Operating Income

$593.23M

EBITDA

$904.07M

Operating Cash Flow

$990.65M

Capital Expenditure

-$191.75M

Free Cash Flow

$798.91M

Cash & ST Invst.

$726.00M

Total Debt

$5.73B

South Bow Performance Analysis

South Bow annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-12-31USD 2,706,122,365N/A
20242024-12-31USD 2,904,318,5567.3%
20252025-12-31USD 2,211,907,800-23.8%
South Bow sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-12.0%
Q42025-12-31-9.0%
Q12026-03-3117.1%
Q22026-06-3011.2%
South Bow annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-12-31USD 2.87N/A
20242024-12-31USD 2.08-27.4%
20252025-12-31USD 2.9039.2%
South Bow sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-2.2%
Q42025-12-3168.9%
Q12026-03-31-51.3%
Q22026-06-3073.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$546.00M

+4.2%

Gross Profit

$420.00M

+9.9%

Gross Margin

76.92%

N/A

Market Cap

CA$10.35BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$19.30M

N/A

Employees

536

N/A

Net Income

$134.00M

+39.6%

EBITDA

$323.00M

+19.6%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$726.00M

+60.6%

Total Debt

$5.73B

-0.7%

Accounts Receivable

$1.07B

-6.2%

Inventory

$129.00M

-14.6%

Long Term Debt

$5.73B

-0.7%

Short Term Debt

$0.00

N/A

Return on Assets

4.06%

N/A

Return on Invested Capital

6.05%

N/A

Free Cash Flow

$237.00M

+48.1%

Operating Cash Flow

$255.00M

+31.4%

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Questions About SOBO

What is the current price of South Bow?

South Bow is trading at CA$49.60 per share.

What is the 52-week range for South Bow?

Over the past 52 weeks, South Bow has traded between CA$35.28 and CA$54.90.

How much debt does South Bow have?

As of the most recent reporting period, South Bow reported total debt of $8.14B.

How much cash does South Bow have on hand?

South Bow reported $1.03B in cash and cash equivalents in its most recent financial results.

What is South Bow’s dividend yield?

South Bow currently has a dividend yield of 5.65%.

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