South Bow Corporation

South Bow Reports Third-quarter 2026 Results, Provides 2027 Outlook, and Declares Dividend

South Bow reported Q3 2026 revenue of $503 million and net income of $99 million ($0.47/share), with normalized EBITDA of $248 million in line with expectations but down 11% sequentially on tighter pricing differentials and moderated Gulf Coast demand. The company raised 2026 distributable cash flow guidance 4% to $690 million on lower current taxes and introduced a 2027 outlook of approximately $1,070 million normalized EBITDA and $630 million DCF. The quarterly dividend of $0.50/share was declared, and leverage improved to 4.3x net debt-to-EBITDA. Keystone throughput averaged ~586,000 bbl/d, PHMSA approved the MP-171 remedial work plan, and pressure restrictions are being lifted on certain segments. Growth projects (Prairie Connector, Liberty Bridge with Bridger) target a mid-2027 FID.

South Bow Announces Timing of Third-quarter 2026 Results and Conference Call and Webcast

South Bow Corp. will release its third-quarter 2026 financial and operational results after market close on Nov. 4, 2026. Senior leadership will host a conference call and webcast on Nov. 5, 2026 at 10 a.m. Eastern Time to discuss the results and the 2027 outlook. This is a scheduling notice only; no financial figures or guidance were disclosed in the release.

•28d ago

South Bow Announces Timing of Second-quarter 2026 Results and Conference Call and Webcast

South Bow will release its second-quarter 2026 financial and operational results after the market close on August 5, 2026. Senior leadership is scheduled to host a conference call and webcast on August 6, 2026, at 8 a.m. MT to review the quarterly performance. The company operates 4,900 kilometres of crude oil pipeline infrastructure connecting Alberta supplies to key U.S. refining markets.

•3mo ago

South Bow Announces Approval of Resolutions at Annual General Meeting of Shareholders

South Bow shareholders approved all resolutions at the annual general meeting held on May 7, 2026. The meeting resulted in the appointment of 11 board members, with individual director support ranging from 97.76% to 99.68%, and the ratification of KPMG LLP as auditor. Additionally, the company's approach to executive compensation was approved with 96.96% of shares voting in favour.

•5mo ago