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South Bow Reports Higher Fourth-Quarter Profit, Revenue; 2026 Outlook Reaffirmed
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South Bow Reports Higher Fourth-Quarter Profit, Revenue; 2026 Outlook Reaffirmed
Mar 11, 2026 6:47 AM

05:26 PM EST, 03/05/2026 (MT Newswires) -- South Bow ( SOBO ) shares were last seen up 2.1% in after-hours New York trading Thursday as its fourth-quarter profit and revenue rose year-over-year.

The oil-pipeline company earned US$156 million, or US$0.75 per share, in the period, up from US$55 million, or US$0.26 per share, a year ago. FactSet expected US$0.40

Revenue rose to US$503 million from US$488 million in the year-prior quarter. FactSet projected US$504.6 million.

The company reaffirmed its 2026 guidance, expecting normalized EBITDA of about US$1.03 billion. First-quarter EBITDA is expected to be similar to the fourth quarter of 2025, which was US$252 million. The company added that it expects its net debt-to-EBITDA ratio to decline slightly in 2026.

South Bow's ( SOBO ) board of directors approved a quarterly dividend of $0.50 per share, payable on April 15 to shareholders of record at the close of business on March 31.

The company's shares were last seen up US$0.69 to US$34.00 after hours. They closed up C$0.11 to C$45.55 on the Toronto Stock Exchange.

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