South Bow Corp

SOBO

Market cap $5.74B

South Bow Corporation ( SOBO:CA ) Analyst/Investor Day November 19, 2025 9:00 AM EST Company Participants Martha Wilmot Bevin Wirzba - President, CEO & Director Richard Prior - Senior VP & COO P. Van Dafoe - Senior VP & CFO Benjamin Pike Conference Call Participants Robert Catellier - CIBC Capital Markets, Research Division Keith Stanley - Wolfe Research, LLC Praneeth Satish - Wells Fargo Securities, LLC, Research Division Maurice Choy - RBC Capital Markets, Research Division Elias Jossen - JPMorgan Chase & Co, Research Division Andrew John O'Donnell - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division Robert Hope - Scotiabank Global Banking and Markets, Research Division Aaron MacNeil - TD Cowen, Research Division Benjamin Pham - BMO Capital Markets Equity Research George Burwell - Jefferies LLC, Research Division Presentation Martha Wilmot Good morning, everyone.

South Bow Corporation is rated Buy with a target price of $44.94, offering a 16.9% upside from the current price. SOBO's Q3 results showed solid EBITDA, increased distributable cash flow, and a confirmed 7.3% dividend yield. The company increased its 2025 Distributable Cash Flow guidance. Key growth drivers include the Blackrod Connection Project, potential new pipeline developments in Canada and the U.S., and a supportive macroeconomic environment with lower sector risks.

South Bow Corporation ( SOBO:CA ) Q3 2025 Earnings Call November 14, 2025 10:00 AM EST Company Participants Martha Wilmot Bevin Wirzba - President, CEO & Director Richard Prior - Senior VP & COO P. Van Dafoe - Senior VP & CFO Conference Call Participants George Burwell - Jefferies LLC, Research Division Maurice Choy - RBC Capital Markets, Research Division Praneeth Satish - Wells Fargo Securities, LLC, Research Division Presentation Operator Good day, and thank you for standing by.

CALGARY, Alberta, Nov. 13, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its third-quarter 2025 financial and operational results and provides its 2026 outlook. Unless otherwise noted, all financial figures in this news release are in U.S. dollars.

South Bow Corporation (SOBO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

CALGARY, Alberta, Oct. 16, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) will release its third-quarter 2025 financial and operational results after the close of markets on Nov. 13, 2025.

South Bow Corporation (NYSE:SOBO ) Q2 2025 Earnings Conference Call August 7, 2025 10:00 AM ET Company Participants Bevin Mark Wirzba - President, CEO & Director Martha Wilmot - Corporate Participant P. Van R. Dafoe - Senior VP & CFO Richard J.

South Bow delivered strong Q2 results, with stable EBIT and increased pre-tax income driven by lower interest expenses. Distributable cash flow (DCF) guidance remains robust, supporting a well-covered 7.4% dividend yield and ongoing debt reduction. The company reduced its maintenance capex guidance, further boosting DCF and enhancing dividend coverage ratios.

CALGARY, Alberta, Aug. 06, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its second-quarter 2025 financial and operational results. Unless otherwise noted, all financial figures in this news release are in U.S. dollars.

South Bow Corporation (SOBO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.