South Bow: Strong Business Model, Outstanding Dividends, Growth On The Horizon
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.
Why South Bow Corporation (SOBO) is Poised to Beat Earnings Estimates Again
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.
South Bow Corporation (SOBO) Q2 2025 Earnings Call Transcript
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: A Very Generous Dividend From An Oil Pipeline Company
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.
Why South Bow Corporation (SOBO) Could Beat Earnings Estimates Again
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.
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.
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.
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.
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.
South Bow Is A Clear Beneficiary Of Trump Tariffs - Reiterating Strong Buy
South Bow Is A Clear Beneficiary Of Trump Tariffs - Reiterating Strong Buy
South Bow Corporation: Still A Buy Amid Tariff Fears
South Bow Corporation is well-equipped to handle potential U.S./Canada tariffs due to its critical role in transporting Canadian heavy crude to U.S. refineries. The company owns nearly 5,000km of pipelines and 7.6M barrels of oil storage, with the Keystone Pipeline system being its main asset. Despite tariff concerns, South Bow's shares remain attractively valued, trading at less than 8x forward FFO with a 12.5% cash flow yield.
South Bow: Canadian Investors Can Get Paid In USD With This 8% Yielding Stock
South Bow, a TC Energy spinoff, offers an 8% USD dividend yield, ideal for Canadians needing USD income and hedging against currency fluctuations. South Bow's cash flow is secured by long-term take-or-pay contracts, ensuring dividend stability and sustainability. Dividends are tax-advantaged, avoiding IRS withholding taxes and qualifying for the Canadian Dividend Tax Credit.
