SOBO
South Bow CorporationSOBO
SOBO
About: South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment.
Employees: 600
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 4 (+3) [Q1 2025]
42% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $15.2M
31% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 54
26% more capital invested
Capital invested by funds: $3.28B [Q4 2024] → $4.12B (+$840M) [Q1 2025]
12% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 73
6.58% more ownership
Funds ownership: 66.84% [Q4 2024] → 73.42% (+6.58%) [Q1 2025]
4% more funds holding
Funds holding: 280 [Q4 2024] → 291 (+11) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$28
3%
upside
Avg. target
$28
3%
upside
High target
$28
3%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
JP Morgan Jeremy Tonet | 3%upside $28 | Neutral Initiated | 28 Mar 2025 |
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
SOBO: A Stable Oil Pipeline Dividend Play
SOBO offers an 8% secured dividend yield, backed by predictable cash flows from long-term 'take-or-pay' contracts and a strong business moat. The Keystone Pipeline's duopoly position and high barriers to entry ensure stable margins and minimal price competition, making SOBO a resilient income play. Valuation is fair relative to peers, with SOBO trading at 10.5x EV/EBITDA, reflecting its single-asset risk and slightly higher leverage.
Neutral
Seeking Alpha
4 weeks ago
South Bow Corporation (SOBO) Q1 2025 Earnings Call Transcript
South Bow Corporation (NYSE:SOBO ) Q1 2025 Earnings Conference Call May 16, 2025 10:00 AM ET Company Participants Martha Wilmot - Director of Investor Relations Bevin Wirzba - President and Chief Executive Officer Richard Prior - Senior Vice-President and Chief Operating Officer Van Dafoe - Senior Vice-President and Chief Financial Officer Conference Call Participants Jeremy Tonet - JPMorgan Securities Robert Hope - Scotiabank Maurice Choy - RBC Capital Markets Robert Catellier - CIBC Capital Markets Benjamin Pham - BMO Patrick Kenny - MBS Keith Stanley - Wolfe Research Operator Good day, and thank you for standing by. Welcome to the South Bow First Quarter 2025 Results Conference Call and Qebcast.
Neutral
GlobeNewsWire
4 weeks ago
South Bow Announces Approval of Resolutions at Annual General Meeting of Shareholders
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces that its shareholders approved all resolutions at the Company's annual general meeting held on May 15, 2025 (the Meeting).
Neutral
GlobeNewsWire
4 weeks ago
South Bow Reports First-quarter 2025 Results and Declares Dividend
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2025 financial and operational results and provides an update on its 2025 outlook. Unless otherwise noted, all financial figures in this news release are in U.S. dollars.
Neutral
GlobeNewsWire
1 month ago
South Bow Safely Restarts Keystone Pipeline
CALGARY, Alberta, April 16, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) 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.
Neutral
GlobeNewsWire
2 months ago
South Bow Announces Timing of First-quarter 2025 Results, Conference Call and Webcast, and Annual General Meeting
CALGARY, Alberta, April 14, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its first-quarter 2025 financial and operational results after the close of markets on May 15, 2025.
Negative
Finbold
2 months ago
Will SOBO stock crash below $20 after Keystone pipeline spill?
Tuesday's Keystone pipeline spill resulted in roughly 3,500 barrels of crude oil being released in North Dakota.
Neutral
GlobeNewsWire
2 months ago
South Bow Responds to Pipeline Incident at Milepost 171
CALGARY, Alberta, April 09, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) has shut down the Keystone Pipeline (Keystone) and is actively responding to an oil release at Milepost 171 (MP-171) of Keystone, near Fort Ransom, North Dakota.
Neutral
Newsfile Corp
2 months ago
South Bow Corporation (SOBO) Closes the Market
Toronto, Ontario--(Newsfile Corp. - April 7, 2025) - Bevin Wirzba, President and Chief Executive Officer, South Bow Corporation ("South Bow" or the "Company") (TSX: SOBO), along with 14 proud founders, joined Robert Peterman, Chief Commercial Officer, Toronto Stock Exchange (TSX) and David Chelich, Sector Head, Global Energy and Diversified Industries (TSX) to close the market and celebrate the Company's new listing on TSX. Cannot view this video?
Neutral
Seeking Alpha
3 months ago
South Bow Corporation (SOBO) Q4 2024 Earnings Call Transcript
South Bow Corporation (NYSE:SOBO ) Q4 2024 Earnings Conference Call March 6, 2025 10:00 AM ET Company Participants Martha Wilmot - Director of Investor Relations Bevin Wirzba - President and Chief Executive Officer Van Dafoe - Senior Vice-President and Chief Financial Officer Richard Prior - Senior Vice-President and Chief Operating Officer Conference Call Participants Maurice Choy - RBC Capital Markets Aaron MacNeil - TD Cowen Robert Hope - Scotiabank Patrick Kenny - MBS Robert Catellier - CIBC Capital Markets AJ O'Donnell - TPH Keith Stanley - Wolfe Research James Fracas - BMO Praneeth Satish - Wells Fargo Operator Hello, everyone, and welcome to the Fourth Quarter and Year Ending 2024 Results Conference Call and Webcast. At this time, all the participants are in listen-only mode.
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