The pipeline operator also warned its marketing segment - which provides transportation, storage and logistics services - could come under pressure if a 10% tariff on U.S. energy exports continues.
South Bow says it has cut its 2025 outlook for normalized earnings before interest, taxes, depreciation and amortization in ...
TC Energy Corp. spinoff South Bow Corp. has reported a net income of $55 million for the fourth quarter and $316 million for the full year 2024. The company said in a media release the strong ...
Despite US tariffs on Canadian energy, South Bow's business remains strong due to the irreplaceable nature of Canadian heavy oil in US refineries. A weaker Canadian dollar, driven by potential ...
As of Dec. 31, 2024, South Bow has invested $62 million in the project. The company also provided an update on the Keystone pipeline, where in December 2022, the then TC Energy-owned pipeline ...
Analysts at US Capital Advisors lowered their Q1 2025 earnings estimates for South Bow in a research report issued to clients ...
South Bow's standalone financial statements were prepared using information derived from the consolidated financial statements and accounting records of TC Energy, including the historical cost ...
Shares of NYSE:SOBO opened at $26.18 on Friday. The company has a market cap of $5.45 billion and a price-to-earnings ratio of 14.15. South Bow has a 12 month low of $21.98 and a 12 month high of ...
South Bow Corp., the oil pipeline operator spun off from TC Energy Corp. last year, says its marketing segment, which provides transportation, storage and logistics services, could come under ...
CALGARY — South Bow Corp., the oil pipeline operator spun off from TC Energy Corp. last year, says its marketing segment, which provides transportation, storage and logistics services, could come ...