South Bow Corp T.SOBO

Alternate Symbol(s): SOBO

Energy Oil & Gas Equipment & Services

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

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Post by Possibleidiot01on Dec 19, 2024 3:09pm

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Post# 36370895

Greg Newman - BNN - HOLD

HOLD

Only real growth will be multiple expansion and what value people will give to the dividend. Owns 100% of Keystone, its key asset. High quality, very stable cashflows (~94% recurring). Pretty cheap PE. Yield proxy. Yield is 8-9%.

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$23.405