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.

TSX:SOBO - Post by User

South Bow Corp > SOBO Trading At 9.5% Dividend At $29.00

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Comment by nedstar71on Oct 02, 2024 9:19pm

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Post# 36250957

RE:RE:SOBO Trading At 9.5% Dividend At $29.00

paydaytomorrow wrote: Can you source this, I am looking at a slide that shows SOBO having 14% split of TRPs divvy which is 96c on TSX so your looking at 13c.

13.44 cents to be exact based on your math. Now multiply that number by 5 since there will be one fifth as many SOBO shares.
5 x 13.44 cents = 67.2 cents per quarter so the 69 cents estimate makes sense.

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