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South Bow Corporation

Energy CA SOBO

50.97CAD
0.07(0.14%)

Last update at 2026-06-03T20:00:00Z

Day Range

50.9451.97
LowHigh

52 Week Range

31.5347.88
LowHigh

Fundamentals

  • Previous Close 50.90
  • Market Cap8932.59M
  • Volume1016563
  • P/E Ratio15.08
  • Dividend Yield4.65%
  • EBITDA971.00M
  • Revenue TTM1986.00M
  • Revenue Per Share TTM9.54
  • Gross Profit TTM 974.00M
  • Diluted EPS TTM2.84

Source: TradingView
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Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31
Type yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31
Income before tax 505.70M 418.00M 562.00M
Minority interest - - -
Net income 440.58M 316.00M 442.00M
Selling general administrative - - -
Selling and marketing expenses - - -
Gross profit 309.32M 1006.00M 944.00M
Reconciled depreciation 247.00M - -
Ebit 317.46M - -
Ebitda 568.79M - -
Depreciation and amortization 251.32M - -
Non operating income net other - - -
Operating income 317.46M 794.00M 750.00M
Other operating expenses 1293.25M - -
Interest expense 336.79M 49.00M 50.00M
Tax provision 64.00M 102.00M 120.00M
Interest income 41.00M 258.00M 179.00M
Net interest income -290.00000M - -
Extraordinary items - - -
Non recurring - - -
Other items - - -
Income tax expense 65.12M - -
Total revenue 1610.71M 2120.00M 2005.00M
Total operating expenses -8.14005M - -
Cost of revenue 1301.39M 1114.00M 1061.00M
Total other income expense net 188.24M - -
Discontinued operations - - -
Net income from continuing ops 433.00M - -
Net income applicable to common shares - 316.00M 442.00M
Preferred stock and other adjustments - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31
Type yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31
Total assets 11172.63M 11329.00M 12032.00M
Intangible assets - - -
Earning assets - - -
Other current assets 159.71M 376.00M 845.00M
Total liab 8468.56M 8719.00M 9192.00M
Total stockholder equity 2704.07M 2610.00M 2840.00M
Deferred long term liab - - -
Other current liab 569.96M - -
Common stock 2196.99M 2196.00M 2968.00M
Capital stock 2201.00M - -
Retained earnings -31.94176M -49.00000M 0.00000M
Other liab - - -
Good will - - -
Other assets - 193.00M 177.00M
Cash 573.95M - -
Cash and equivalents - 397.00M 262.00M
Total current liabilities 1338.56M 1761.00M 2075.00M
Current deferred revenue 15.97M - -
Net debt 5206.51M - -
Short term debt - 0.00000M 0.00000M
Short long term debt - - -
Short long term debt total 5780.46M - -
Other stockholder equity 659.80M -198.00000M -128.00000M
Property plant equipment - 8206.00M 8428.00M
Total current assets 2011.33M 2198.00M 2614.00M
Long term investments 743.00M - -
Net tangible assets - - -
Short term investments - - -
Net receivables 1177.85M 1190.00M 1344.00M
Long term debt 5768.00M 5716.00M 5967.00M
Inventory 99.82M 207.00M 160.00M
Accounts payable 752.63M - -
Total permanent equity - - -
Noncontrolling interest in consolidated entity - - -
Temporary equity redeemable noncontrolling interests - - -
Accumulated other comprehensive income -120.77980M - -
Additional paid in capital - - -
Common stock total equity - - -
Preferred stock total equity - - -
Retained earnings total equity - - -
Treasury stock - - -
Accumulated amortization - - -
Non currrent assets other 73.87M - -
Deferred long term asset charges - - -
Non current assets total 9161.30M - -
Capital lease obligations 23.00M - -
Long term debt total - 5716.00M 5967.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31
Type yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31
Investments - - -
Change to liabilities - - -
Total cashflows from investing activities -178.06347M -81.00000M 62.00M
Net borrowings 0.00000M - -
Total cash from financing activities -418.19477M -307.00000M -577.00000M
Change to operating activities - - -
Net income 440.58M 316.00M 442.00M
Change in cash 89.05M 135.00M 258.00M
Begin period cash flow 484.90M - -
End period cash flow 573.95M - -
Total cash from operating activities 729.55M 529.00M 779.00M
Issuance of capital stock - - -
Depreciation 251.32M 246.00M 244.00M
Other cashflows from investing activities 3.05M 41.00M 99.00M
Dividends paid 423.28M - -
Change to inventory 108.87M - -
Change to account receivables 84.45M - -
Sale purchase of stock - 966.00M -190.00000M
Other cashflows from financing activities - 1.00M -37.00000M
Change to netincome - - -
Capital expenditures 181.12M 122.00M 37.00M
Change receivables - - -
Cash flows other operating - - -
Exchange rate changes - - -
Cash and cash equivalents changes - - -
Change in working capital -35.61269M 8.00M 37.00M
Stock based compensation - - -
Other non cash items -8.14004M - -
Free cash flow 548.44M - -

Peer Comparison

Sector: Energy Industry: Oil & Gas Midstream

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SOBO
South Bow Corporation
0.07 0.14% 50.97 15.08 17.92 4.50 2.40 5.94 10.97
ENB
Enbridge Inc
-0.38 0.49% 77.58 22.18 23.15 2.38 2.80 4.09 13.04
ENB-PJ
Enbridge Inc Pref 7
-0.12 0.49% 24.25 6.36 - 2.38 -
ENB-PP
Enbridge Srs P Cum Red Prf
-0.12 0.49% 24.12 6.30 - 2.38 -
ENB-PY
Enbridge Inc Pref 3
-0.09 0.39% 22.82 5.61 - 2.36 -

Reports Covered

Stock Research & News

Profile

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 crude oil trading and hedging activities. The Intra-Alberta & Other segment comprises pipelines such as the Grand Rapids Pipeline and White Spruce Pipeline, offering crude oil transportation from Alberta's oil sands to refining and market regions, and includes corporate and financing activities. The company also operates 4,900 kilometres of crude oil pipeline infrastructure connecting Alberta crude oil supplies to the U.S. refining markets in the U.S. Midwest and Gulf Coast. In addition, the company offers ancillary services, including storage at terminals. The company was incorporated in 2023 and is based in Calgary, Canada.

South Bow Corporation

707 - 5 Street SW, Calgary, AB, Canada, T2P 1V8

Key Executives

Name Title Year Born
Mr. Bevin Mark Wirzba M.B.A., P.Eng. President, CEO & Director 1972
Mr. P. Van R. Dafoe B.Com., B.Comm, C.M.A., CPA Senior VP & CFO NA
Mr. Richard J. Prior Senior VP & COO NA
Ms. Lori M. Muratta Senior VP & General Counsel 1965
Ms. Tamara Loewen VP of Information Services & Chief Information Officer NA
Mr. Kevin Engel Vice-President of Finance & Marketing NA
Ms. Renate Poole Vice President of Human Resources NA
Mr. Eric Von Engelbrechten VP & Controller NA
Martha Wilmot Director of Investor Relations NA
Mr. Bevin Mark Wirzba M.B.A., P.Eng. President, CEO & Director 1973

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