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South Bow Corporation

SOBO

Last
$33.22
Day
-1.8%
1y
+22.8%
5y
+43.7%
52w
-13.3%
SPY YTD
+13.3%
XLE
+42.9%
Earnings
2026-11-1233d
EMA 21
34.50
EMA 50
35.42
EMA 200
33.93
20d high
-6.5%
5y high
-13.3%
5y range
71th
Website · Canada

Positions held

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Score
1
Hold
watch
Signal
Neutral
Target
$35.14
Stop
$32.75
Stop distance
1.4%
Target vs last
+5.8%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • South Bow Corporation is well-positioned in the oil and gas midstream sector, benefiting from a stable demand for energy infrastructure.
  • Revenue increased by 11% compared to the prior quarter, reaching $546 million.
  • Gross margin improved to 76.9%, up from 71.9% in the previous quarter.
Bear case
  • The company has a high debt-to-equity ratio of 216.1, indicating potential financial risk.
  • Operating margin decreased to 43.8% from 32.6% in the previous quarter, showing volatility in profitability.
  • The current market sentiment is neutral, with a score of 1.00, indicating mixed investor confidence.

Fundamentals

Market cap$7.06BEnterprise value$12.09BTrailing P/E15.38Forward P/E17.43
PEG—Price / book2.65Beta0.99Dividend yield5.91%
Revenue growth4.2%Earnings growth39.1%Gross margin50.2%Operating margin43.8%
Profit margin23.0%ROE17.4%ROA4.1%Debt / equity2.16
Current ratio1.52Free cash flow$337.98MAnalyst recommendationholdMean target$35.44
52w high$39.0252w low$25.02

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$546M$491M$503M$461M$524M—
Op margin43.8%32.6%40.6%31.9%35.5%—
Net income$134M$77.0M$156M$93.0M$96.0M—
Gross margin76.9%71.9%74.6%68.8%72.9%—
Gross profit$420M$353M$375M$317M$382M—
Operating income$239M$160M$204M$147M$186M—
  • Revenue +11% vs prior quarter ($546M vs $491M).
  • Gross margin 76.9% (was 71.9% prior quarter).
  • Operating margin expanded to 43.8%.

Yearly (6y)

202520242023
Revenue$2.0B$2.1B$2.0B
Op margin36.0%35.1%34.9%
Net income$433M$316M$442M
Gross margin71.8%70.7%70.3%
Gross profit$1.4B$1.5B$1.4B
Operating income$715M$745M$700M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

SOBO · daily-2.2% over 13 sessions
Close EMA21 EMA50 EMA200
32.5433.2734.0034.7235.452026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$137M$273M$410M$546M0%38%77%2025-Q22025-Q32025-Q42026-Q12026-Q2