| Indicators | Browse All

South Bow Corporation (SOBO)

Energy | Oil & Gas Midstream | Calgary, Canada | NYSE
37.43 USD +0.15 (0.402%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 37.80 +0.37 (0.989%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 5:39 a.m. EDT

The immediate outlook is defined by a precarious balance between a generous yield and deteriorating balance sheet health. While the 5.21% dividend yield is attractive, the 91% payout ratio is dangerously close to the cliff, indicating the company is distributing nearly all its earnings to maintain the price, leaving little room for error if cash flows dip. Fundamentally, the business shows signs of stress: debt-to-equity is over 200%, and the market is pricing in a decline in earnings growth (forward P/E is higher than trailing P/E despite reported growth, suggesting analysts expect a slowdown). The recent price action shows a modest recovery off the lows, but the statistical forecast model leans slightly negative, reflecting the uncertainty surrounding the energy transition risks mentioned in recent headlines. The options market confirms this hesitation, with traders placing heavy bets on a failure to break the 45.0 resistance level rather than a surge. Until the payout ratio stabilizes and the debt load is addressed, this remains a hold for income seekers who can tolerate significant volatility, rather than a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.024175
AutoTheta0.024468
MSTL0.024607
AutoARIMA0.034828

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 51%
H-stat 1.97
Ljung-Box p 0.000
Jarque-Bera p 0.552
Excess Kurtosis -0.43
Attribute Value
Sector Energy
Ex Dividend Date 2026-09-28
Last Dividend Date 2026-06-29
Debt to Equity Ratio 216.098
Revenue per Share 9.602
Market Cap 7,807,453,696
Trailing P/E 16.94
Forward P/E 19.23
Profit Margins 22.99%
Website https://www.southbow.com

As of Aug. 22, 2026, 5:39 a.m. EDT: Speculators are positioning for a range-bound outcome with a distinct lack of directional conviction. Call volume is heavily skewed toward out-of-the-money strikes (40.0 and 45.0), suggesting a speculative hope for a breakout, while put volume remains negligible and concentrated at lower strikes. The massive open interest at the 45.0 strike in February 2027 acts as a psychological ceiling, implying traders view a move significantly above current levels as unlikely within the next year.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.42% 2.92%
Dividend History
Date Dividend Yield %
2026-06-30 0.5 1.418842
2026-03-31 0.5 1.500600
2025-06-30 0.5 1.929757
2025-03-31 0.5 1.959248
2024-12-31 0.5 2.121341
Additional Data
dividendRate 2.0
dividendYield 5.36
exDividendDate 2026-09-29
trailingAnnualDividendRate 2.0
trailingAnnualDividendYield 0.05364807
lastDividendValue 0.5
lastDividendDate 2026-06-30
dividendDate 2026-10-15

Info Dump

Attribute Value
52 Week Change 0.35761106
Address1 707 - 5 Street SW
Address2 Suite 900
All Time High 38.94
All Time Low 21.12
Ask 37.45
Ask Size 400
Audit Risk 2
Average Daily Volume10 Day 500,260
Average Daily Volume3 Month 767,554
Average Volume 767,554
Average Volume10Days 500,260
Bid 37.43
Bid Size 700
Board Risk 1
Book Value 12.776
City Calgary
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 37.43
Current Ratio 1.523
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 37.51
Day Low 37.215
Debt To Equity 216.098
Display Name South Bow
Dividend Date 1,792,022,400
Dividend Rate 2.0
Dividend Yield 5.36
Earnings Call Timestamp End 1,793,908,800
Earnings Call Timestamp Start 1,793,908,800
Earnings Growth 0.391
Earnings Quarterly Growth 0.396
Earnings Timestamp 1,793,822,400
Earnings Timestamp End 1,793,822,400
Earnings Timestamp Start 1,793,822,400
Ebitda 1,001,000,000
Ebitda Margins 0.50025004
Enterprise To Ebitda 12.828
Enterprise To Revenue 6.417
Enterprise Value 12,840,453,120
Eps Current Year 1.81843
Eps Forward 1.94666
Eps Trailing Twelve Months 2.21
Esg Populated 0
Ex Dividend Date 1,790,640,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 36.7106
Fifty Day Average Change 0.7193985
Fifty Day Average Change Percent 0.019596478
Fifty Two Week Change Percent 35.761105
Fifty Two Week High 38.94
Fifty Two Week High Change -1.5099983
Fifty Two Week High Change Percent -0.038777564
Fifty Two Week Low 25.015
Fifty Two Week Low Change 12.415001
Fifty Two Week Low Change Percent 0.49630228
Fifty Two Week Range 25.015 - 38.94
Financial Currency USD
First Trade Date Milliseconds 1,727,962,200,000
Float Shares 207,993,651
Forward Eps 1.94666
Forward P E 19.227806
Free Cashflow 337,975,008
Full Exchange Name NYSE
Fullday Change 0.150002
Fullday Change Percent 0.402365
Fullday Price 37.8
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.50175
Gross Profits 1,004,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00072999997
Held Percent Institutions 0.66008
Implied Shares Outstanding 208,588,127
Industry Oil & Gas Midstream
Industry Disp Oil & Gas Midstream
Industry Key oil-gas-midstream
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,777,600
Last Dividend Value 0.5
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name South Bow Corporation
Market us_market
Market Cap 7,807,453,696
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1878370658
Most Recent Quarter 1,782,777,600
Net Income To Common 460,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 7,772,998,140
Number Of Analyst Opinions 7
Open 37.4
Operating Cashflow 839,000,000
Operating Margins 0.43772998
Overall Risk 1
Payout Ratio 0.90910006
Phone 800 242 3447
Post Market Change 0.36999893
Post Market Change Percent 0.988509
Post Market Price 37.8
Post Market Time 1,787,959,804
Previous Close 37.28
Price Eps Current Year 20.58369
Price Hint 2
Price To Book 2.929712
Price To Sales Trailing12 Months 3.901776
Profit Margins 0.22989
Quick Ratio 1.138
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.150002
Regular Market Change Percent 0.402365
Regular Market Day High 37.51
Regular Market Day Low 37.215
Regular Market Day Range 37.215 - 37.51
Regular Market Open 37.4
Regular Market Previous Close 37.28
Regular Market Price 37.43
Regular Market Time 1,787,947,202
Regular Market Volume 281,837
Return On Assets 0.040999997
Return On Equity 0.17352
Revenue Growth 0.042
Revenue Per Share 9.602
Sand P52 Week Change 0.20504117
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 1
Shares Outstanding 208,588,127
Shares Percent Shares Out 0.0541
Shares Short 10,474,515
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 8,633,227
Short Name South Bow Corporation
Short Ratio 21.78
Source Interval 15
State AB
Symbol SOBO
Target High Price 39.0
Target Low Price 32.0
Target Mean Price 35.38714
Target Median Price 35.0
Total Cash 726,000,000
Total Cash Per Share 3.481
Total Debt 5,759,000,064
Total Revenue 2,000,999,936
Tradeable 0
Trailing Annual Dividend Rate 2.0
Trailing Annual Dividend Yield 0.05364807
Trailing Eps 2.21
Trailing P E 16.936651
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 32.67255
Two Hundred Day Average Change 4.75745
Two Hundred Day Average Change Percent 0.14561
Type Disp Equity
Volume 281,837
Website https://www.southbow.com
Zip T2P 1V8