South Bow Corp T.SOBO

Alternate Symbol(s): SOBO

Energy Oil & Gas Midstream

South Bow Corp is a strategic liquids pipeline company. It is a new liquids-focused midstream infrastructure company. The Company connects Canadian crude oil supply to the strongest demand and refining markets in the United States Midwest and Gulf Coast. Its pipeline infrastructure, approximately 4,900 kilometers (km) (3,000 m), connects Alberta crude oil supplies to United States refining markets in Illinois, Oklahoma and the United States Gulf Coast. The Canadian portion of the pipeline runs from Hardisty, Alberta, east through Manitoba where it turns south and crosses the border into North Dakota. In Alberta, its Grand Rapids Pipeline System (460 kilometers/287 mi) connects producing areas northwest of Fort McMurray, to terminals in the Edmonton/Heartland regions, including the TransMountain Terminal. Its White Spruce Pipeline System (72 km/45 mi) transports crude oil produced at the Canadian Natural Resources Limited Horizon Oil Sands Facility to the Grand Rapids Pipeline.

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South Bow Corp > $28 opening day with a possible 69 cent quarterly dividend?

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Post by RichDaddyon Sep 25, 2024 10:16am

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Post# 36240087

$28 opening day with a possible 69 cent quarterly dividend?

I bought in at $28 opening day here for SOBO, with their presentation showing an inaugural dividend of .69 cents/quarter. This would mean an 9.85% yield if their November 7th dividend declaration is 69 cents.

Amazing, and glad to be the first post here.

Go SOBO Go

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