SOBO—56

South Bow Corp

Oil & Gas Transportation ServicesVerified

Score breakdown

Profitability+35Sentiment+15Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion82AI synthesis40Observations23

South Bow Corp (SOBO.TO) is currently classified as Energy - Fossil Fuels within Oil & Gas Transportation Services (Energy). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 11,193,000,000 USD, total equity 2,709,000,000, short-term debt 0, long-term debt 5,768,000,000. Net cash position is approximately -5,219,000,000 USD. Profitability profile: revenue 1,986,000,000, gross profit 954,000,000, operating income 767,000,000, net income 433,000,000. Return on equity ~16.0%. Return on assets ~3.9%. Operating-cash-flow to net-income ratio is 1.66. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..

30-day price · SOBO+3.17 (+7.1%)

Low$44.20High$48.02Close$47.91As of4 May, 00:00 UTC

Profile

CompanySouth Bow Corp

TickerSOBO.TO

SectorEnergy

BusinessEnergy - Fossil Fuels

Industry groupEnergy - Fossil Fuels

IndustryOil & Gas Transportation Services

AI analysis

Business. South Bow Corp is classified under Energy / Oil & Gas Transportation Services and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Oil & Gas Transportation Services, Energy - Fossil Fuels, Energy.

Key takeaways

Return on equity is about 16.0%.
Debt to equity is about 2.13x.
Analyst estimate: Mean price target = 42.78 USD
Analyst estimate: Median price target = 44.50 USD

Financial snapshot

PeriodHA-latest

CurrencyUSD

Revenue$1.99B

Gross profit$954.0M

Operating income$767.0M

Net income$433.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$717.0M

CapEx-$178.0M

Free cash flow$86.0M

Total assets$11.19B

Total liabilities$8.48B

Total equity$2.71B

Cash & equivalents$549.0M

Long-term debt$5.77B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$2.71B

Net cash-$5.22B

Current ratio1.5

Debt/Equity2.1

ROA3.9%

ROE16.0%

Cash conversion1.7%

CapEx/Revenue-9.0%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Energy - Fossil Fuels · cohort 87 companies

MetricSOBOActivity

Op margin38.6%23.2% medp25 15.8% · p75 28.2%top quartile

Net margin21.8%5.8% medp25 -2.3% · p75 11.7%top quartile

Gross margin48.0%25.7% medp25 17.0% · p75 43.1%top quartile

R&D / revenue—1.3% medp25 1.0% · p75 1.6%

CapEx / revenue-9.0%-7.8% medp25 -17.3% · p75 -1.5%below median

Debt / equity213.0%58.5% medp25 38.7% · p75 89.0%top quartile

Observations

IR observations

Mean price target42.78 USD

Median price target44.50 USD

High price target50.00 USD

Low price target27.00 USD

Mean recommendation3.00 (1=strong buy, 5=strong sell)

Strong-buy count2.00

Buy count1.00

Hold count10.00

Sell count3.00

Strong-sell count1.00

Mean EPS estimate1.82 USD

Last actual EPS1.97 USD

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-06 17:20 UTC#26f0ea5e

Source: analysis-pipeline (hybrid)Generated: 2026-05-06 17:29 UTCJob: 49a7f3b8