South Bow publishes corporate presentation outlining Keystone pipeline operations and growth projects

South Bow

South Bow

SOBO

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  • South Bow outlined a growth-led strategy anchored by the Keystone liquids corridor, targeting 2% to 3% long-term normalized EBITDA growth.
  • Prairie Connector advanced toward a mid-2027 targeted FID, backed by 20-year firm transportation commitments from Hardisty to U.S. delivery points.
  • Keystone Milepost 171 remediation remained ongoing under a PHMSA corrective action order; the system is meeting contractual commitments of 585 Mbbl/d.
  • Q1 2026 normalized EBITDA totaled 257 million; distributable cash flow was 168 million; net debt-to-normalized EBITDA ratio was 4.7.
  • Base dividend set at 2 per share annually; 208 million shares outstanding; market capitalization 7.1 billion; enterprise value 12.4 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South Bow Corporation published the original content used to generate this news brief on May 29, 2026, and is solely responsible for the information contained therein.