South Bow Corporation (SOBO) Announces its Q1 2025 Results

From Yahoo Finance: 2025-05-16 21:01:00

South Bow Corporation (SOBO) released its Q1 2025 results, reporting an adjusted EPS of $0.47, beating market expectations by $0.03, but down 14.5% YoY. Revenue declined by 8.5% YoY to $498 million due to market volatility. The company faced operational challenges, including an oil release on the Keystone Pipeline.

Despite challenges, South Bow Corporation reaffirmed its 2025 normalized EBITDA guidance of $1.01 billion, +/- 2%, despite lower demand for uncommitted capacity on its pipeline systems. The stock has surged by over 11% in the last year.

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