South Bow Corp
South Bow Corp (SOBO) is listed on NYSE and classified in Oil & Gas Midstream, part of the Energy sector. It is headquartered in Calgary, Canada. The company is worth $7.21B and trades at 15.8x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $1.99B in fiscal 2025, down 6.3% from the year before. Net income was $433M. The share price is 11.4% below its 52-week high of $39.02. It pays a dividend yielding 5.79%. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $43.1M. In that quarter, 1 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +39.0% over 5Y.
This stock has less than 5 years of price history — the answer would measure a shorter period than the one asked for.
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 2 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 |
|---|---|---|---|
| Year-end price | $27.47 | $23.57 | |
| P/E | — | 13.3x | 15.5x |
| P/S | — | 2.9x | 2.3x |
| P/B | — | 2.1x | 1.9x |
| EPS | $2.07 | $1.52 | |
| Dividend yield | — | 3.64% | 2.12% |
| Payout | — | 48.31% | 32.89% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 5.8% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| MTDRMatador Resources Co | $56.79 | 9.7x | 1.2x | 2.64% | 13.59% | $7.03B |
| NENoble Corp plc | $43.95 | 46.8x | 1.6x | 4.55% | 3.28% | $7.02B |
| MGYMagnolia Oil & Gas Corp | $25.27 | 11.1x | 2.1x | 2.61% | 20.85% | $6.94B |
| RIGTransocean Ltd. | $6.08 |
| Profit margin | — | 21.80% | 14.91% |
| ROE | — | 15.98% | 12.11% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 0.0% a year against a 8.9% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
-50.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 0.8x |
| 0.00% |
| -18.70% |
| $6.79B |
| NFGNational Fuel Gas Co | $80.93 | 11.0x | 2.0x | 2.74% | 19.58% | $7.69B |
| NOVNOV Inc. | $18.76 | 69.5x | 1.1x | 1.92% | 1.54% | $6.69B |