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South Bow Corp Responds to Keystone Pipeline Oil Release

Story Highlights
  • South Bow Corp operates in the energy sector, focusing on oil and gas pipelines.
  • The company shut down the Keystone Pipeline due to an oil release, focusing on containment and remediation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
South Bow Corp Responds to Keystone Pipeline Oil Release

South Bow Corp ( (TSE:SOBO) ) just unveiled an announcement.

South Bow Corp has shut down its Keystone Pipeline following an oil release at Milepost 171 near Fort Ransom, North Dakota. The company detected the incident through its control center systems and promptly isolated the affected segment, containing an estimated release of 3,500 barrels. South Bow’s immediate focus is on environmental monitoring and site remediation, with ongoing updates to be provided on their website. This incident could impact South Bow’s operational integrity and stakeholder confidence, emphasizing the importance of their response efforts.

More about South Bow Corp

South Bow Corp is a company operating in the energy sector, primarily focused on oil and gas pipeline operations. It is listed on both the TSX and NYSE under the ticker SOBO.

YTD Price Performance: -6.52%

Average Trading Volume: 1,705,899

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$6.92B

See more data about SOBO stock on TipRanks’ Stock Analysis page.

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