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South Bow Corp ( (TSE:SOBO) ) just unveiled an announcement.
South Bow Corp. reported stable financial results for the second quarter of 2025, with a revenue of $524 million and a net income of $96 million. The company maintained its operational commitments on the Keystone Pipeline and progressed on the Blackrod Connection Project, which is expected to enhance cash flows in the coming years. The board declared a dividend of $0.50 per share, reflecting a commitment to shareholder returns. The implementation of a new enterprise resource planning system marks a strategic shift to streamline operations post-spinoff from TC Energy.
The most recent analyst rating on (TSE:SOBO) stock is a Hold with a C$36.00 price target. To see the full list of analyst forecasts on South Bow Corp stock, see the TSE:SOBO Stock Forecast page.
More about South Bow Corp
South Bow Corp. operates in the energy sector, focusing on pipeline transportation and storage services. The company is primarily involved in the management and operation of the Keystone Pipeline System, which plays a significant role in the transportation of crude oil across North America.
Average Trading Volume: 1,313,682
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$7.65B
For an in-depth examination of SOBO stock, go to TipRanks’ Overview page.