South Bow Corporation
SOBOEnergyNASDAQOil & Gas Midstream · Last scanned May 30, 2026
Scan Results
Daily timeframeSouth Bow Corporation operates as an energy infrastructure company. The $7.50B market capitalization puts SOBO squarely in mid-cap range for its industry. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other.
Market Cap
$7.50B
Beta
—
P/E (TTM)
17.80
P/E (Fwd)
18.19
EPS (TTM)
$2.02
EPS (Fwd)
$1.98
ROE
16.0%
ROA
3.9%
Cash
$599.0M
Total Debt
$5.78B
Free CF
$276.4M
52W Change
38.8%
Annual Financials
Cash vs Debt
The company holds $599.0M in cash, though total debt stands at $5.78B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $276.4M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 16.0%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $2.00B (2023) to $1.99B (2025).
South Bow Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing SOBO.