Recent Updates — SOBO
South Bow Corporation reported second quarter 2026 results with normalized EBITDA increasing to $280 million from $250 million in the prior year period. Revenue rose 4% to $546 million, driven by higher throughput on the Keystone Pipeline System and improved Marketing segment margins. The company raised its full-year 2026 normalized EBITDA guidance to $1,040 million and distributable cash flow guidance to $665 million. On August 5, 2026, the Board declared a quarterly dividend of $0.50 per share, payable October 15, 2026 to shareholders of record on September 29, 2026. South Bow operates critical liquids pipelines and facilities connecting Canadian crude oil supplies to U.S. refining markets.
South Bow Corp reported second-quarter 2026 results with revenue of $546 million and net income of $134 million ($0.64 per share). The company declared a quarterly dividend of $0.50 per share, payable on October 15, 2026, to shareholders of record as of September 29, 2026. South Bow increased its full-year 2026 normalized EBITDA guidance to $1,040 million and distributable cash flow guidance to $665 million. Additionally, the company announced a board leadership change, with George Lewis appointed as Chair of the Board effective immediately, succeeding Hal Kvisle. South Bow operates in the energy infrastructure sector, specifically owning and operating crude oil pipeline systems.