South Bow (SOBO) Stock Price, News & Analysis

Company Overview

South Bow (NYSE:SOBO) is a midstream energy partnership focused on the gathering, processing and transportation of natural gas and natural gas liquids (NGLs) in the Appalachian Basin. Structured as a master limited partnership, the company offers integrated infrastructure solutions that connect upstream producers with major interstate pipelines and end-use markets. Its service offerings include cryogenic gas processing, liquids fractionation, compressor stations and gathering pipelines designed to optimize flow assurance and quality specifications for natural gas derivatives.

The partnership’s core activities center on developing and operating midstream assets in key unconventional resource plays such as the Marcellus and Utica Shales. South Bow’s gathering systems are engineered to accommodate fluctuating production rates and deliver reliable takeaway capacity, while its processing facilities remove impurities and separate NGL components. The company’s fractionation plants further refine mixed liquids streams into commercial-grade products including ethane, propane and butane for petrochemical and heating markets.

South Bow serves a diverse customer base ranging from independent exploration and production companies to larger integrated energy firms. Its geographically concentrated footprint in northeastern Ohio and western Pennsylvania enables close collaboration with field operators and provides flexibility to route gas and NGL volumes to multiple downstream outlets. The partnership continually evaluates organic expansion opportunities and third-party acquisitions to support growing regional production and evolving market dynamics.

Since its establishment in 2014, South Bow has pursued disciplined growth through capital investments in new pipeline corridors and processing expansions. Headquartered in Houston with regional offices across the Appalachian region, the partnership is backed by an executive team with deep expertise in energy infrastructure development, operations management and commercial strategy. This leadership cohort oversees safety, sustainability initiatives and customer relations while guiding the company’s long-term asset optimization and value-creation objectives.

Key Stats

• Today's Range: $26.33 to $26.83
• 50-Day Range: $24.74 to $27.26
• 52-Week Range: $21.16 to $27.60
• Volume: 797,003 shs
• Average Volume: 885,022 shs
• Market Capitalization: $5.53 billion
• P/E Ratio: 14.35
• Dividend Yield: 7.53%
• Price Target: $28.60
• Consensus Rating: Hold

SOBO Stock Analysis - Frequently Asked Questions

How have SOBO shares performed this year?

South Bow's stock was trading at $23.57 on January 1st, 2025. Since then, SOBO shares have increased by 12.6% and is now trading at $26.55.

How were South Bow's earnings last quarter?

South Bow Corporation (NYSE:SOBO) posted its quarterly earnings results on Thursday, May, 15th. The company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.05. The company's revenue was down 8.5% compared to the same quarter last year.
Read the conference call transcript.

Who are South Bow's major shareholders?

South Bow's top institutional shareholders include CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.73%), Miller Howard Investments Inc. NY (0.36%), Exchange Traded Concepts LLC (0.11%) and Public Employees Retirement System of Ohio (0.03%).

How do I buy shares of South Bow?

Shares of SOBO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of South Bow own?

Based on aggregate information from My MarketBeat watchlists, some other companies that South Bow investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 5/15/2025
• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Dividend Payable: 7/15/2025
• Today: 7/16/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - PROD/PIPELN
• Sub-Industry: Transportation
• Current Symbol: NYSE:SOBO
• Previous Symbol: NYSE:SOBO
• CIK: 2019061
• Web: N/A
• Phone: (403) 920-2000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for South Bow: $28.60
• High Price Target: $38.00
• Low Price Target: $25.00
• Potential Upside/Downside: +7.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.23
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 14.43
• Forward P/E Ratio: 15.35
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 2.20
• Current Ratio: 1.29
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $2.07 billion
• Price / Sales: 2.68
• Cash Flow: $3.04 per share
• Price / Cash Flow: 8.79
• Book Value: $12.55 per share
• Price / Book: 2.13

Miscellaneous

• Outstanding Shares: 208,221,000
• Free Float: N/A
• Market Cap: $5.56 billion
• Optionable: N/A
• Beta: N/A