South Bow Corporation

NYSE: SOBO · Energy · Oil & Gas Midstream

Canadian filerHQ Calgary, ABCIK 0002019061Reports USD

#79 of 493 Energy companies by revenue35th-percentile growth

EA Score

46D

FH 70DQ 8GM —SS 54

v0.1 · 55/100 weight · provisional

↑ operating margin, market scale · ↓ listing tenure, disclosure history

Methodology →

Revenue TTM

$1.6B

Rev growth YoY (TTM)

-13.4%

Net income (FY)

$433.0M

Employees

600

Market cap

$7.2B

Financials — latest annual

SEC EDGAR · USD-normalized

ConceptUSDNativeFY

Revenue$2.0B$2.0B2025

Net income$433.0M$433.0M2025

Operating income$1.1B$1.1B2024

Total assets$11.2B$11.2B2025

Liabilities$8.5B$8.5B2025

Equity$2.7B$2.7B2025

Revenue trend

FY2024 – FY2025 · USD

$2.0B

FY24

$2.1B

FY24

$2.0B

FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

South Bow Corporation booked $2.0B in FY2025 revenue, contracting 6.3% year over year — slower than 65% of Energy companies we track, at a 21.8% net margin.

Peers · Energy

Kodiak Gas Services, Inc.58C National Fuel Gas Company73B NOV Inc.75B+Hess Midstream LP67B

Key facts

CEOBevin Mark Wirzba

SectorEnergy

IndustryOil & Gas Midstream

HeadquartersCalgary, AB

ExchangeNYSE: SOBO

Employees600

IPO date2024-10-08

Latest filings

6-K2026-07-08 6-K2026-05-29 6-K2026-05-08 6-K2026-05-07 6-K2026-05-07 6-K2026-05-07 6-K2026-04-09 6-K2026-04-02

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.