South Bow (SOBO)
Moves Canadian crude through Keystone to U.S. refining and demand markets.
$34.45
vs last close−0.16 (−0.45%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 526 | 678 | 542 | 554 | 539 | 577 | 498 | 524 | 264 | 419 | 417 | 546 |
| Cost of revenue | 107 | 414 | 322 | 368 | 100 | 383 | 84 | 142 | 224 | 317 | 325 | 126 |
| Gross profit | 419 | 265 | 220 | 186 | 439 | 194 | 414 | 382 | 39 | 103 | 92 | 420 |
| 246 | 4 | 0 | 0 | 257 | 3 | 236 | 196 | 1 | −13 | 0 | 181 | |
| Other expenses | 246 | 4 | 0 | 0 | 257 | 3 | 236 | 196 | 1 | −13 | 0 | 181 |
| Operating income | 173 | 261 | 220 | 186 | 182 | 191 | 178 | 186 | 38 | 116 | 92 | 239 |
| −58 | −98 | −75 | −76 | −93 | −99 | −64 | −60 | 37 | 40 | 7 | −65 | |
| Interest income | 2 | 9 | 7 | 6 | 27 | −28 | 6 | 8 | 6 | 17 | 10 | 5 |
| Interest expense | 74 | 139 | 94 | 95 | 117 | 82 | 83 | 81 | 60 | 84 | 83 | 84 |
| Other non-operating income | −15 | −13 | −19 | −19 | −24 | 21 | −19 | −21 | −97 | −124 | −90 | −19 |
| Income before tax | 115 | 163 | 145 | 110 | 90 | 92 | 114 | 126 | 75 | 155 | 99 | 174 |
| Income tax expense | 26 | 34 | 34 | 22 | 29 | 21 | 26 | 30 | 8 | −3 | 23 | 40 |
| Net income from continuing operations | 89 | 129 | 111 | 88 | 61 | 71 | 88 | 96 | 67 | 158 | 76 | 134 |
| Net income | 89 | 129 | 111 | 88 | 61 | 71 | 88 | 96 | 67 | 158 | 76 | 134 |
| EPS, basic | $0.43 | $0.68 | $0.54 | $0.42 | $0.29 | $0.34 | $0.42 | $0.46 | $0.32 | $0.76 | $0.36 | $0.64 |
| EPS, diluted | $0.43 | $0.68 | $0.54 | $0.42 | $0.29 | $0.34 | $0.42 | $0.46 | $0.32 | $0.76 | $0.36 | $0.64 |
| Weighted average shares, basic | 208 | 208 | 208 | 208 | 208 | 208 | 208 | 208 | 208 | 208 | 208 | 209 |
| Weighted average shares, diluted | 208 | 208 | 208 | 208 | 208 | 208 | 209 | 209 | 209 | 209 | 209 | 209 |
| EBITDA | 249 | 350 | 300 | 267 | 268 | 242 | 259 | 270 | 181 | 299 | 245 | 323 |
| Depreciation & amortization | 60 | 77 | 61 | 62 | 61 | 72 | 62 | 63 | 46 | 59 | 63 | 65 |
| EBIT | 188 | 273 | 239 | 205 | 207 | 170 | 197 | 207 | 135 | 240 | 181 | 258 |