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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: DinoNavarre who wrote (205988)3/24/2025 8:56:34 PM
From: E_K_S1 Recommendation

Recommended By
DinoNavarre

  Read Replies (1) | Respond to of 206202
 
First time I heard about this company. South Bow Corp (SOBO)

I had Google AI analysis those two documents and gave an overview of SOBO.

Link to Audio Overview by Google AI

It's 20 min long but probably worth the time. They have a play in the XL-Keystone pipeline. Also some interesting expansion projects that will help them pay down debt. Pipeline contracts have an avg 8 year term.

May want to keep on your watch list and see if they continue to pay down debt. Maybe you can pick up shares on any sell off at/below $24/share. That would yield 8.3%

Their payout ratio for their dividend is > 100% which is not sustainable. Based on what they mentioned $2/year annual dividend, this would yield 7.58%. With organic pipeline growth & reducing their debt and deleveraging then dividend payout ratio s/d fall. Still pretty high.

Dividend History South Bow Corporation Common Shares (SOBO) Dividend History



To: DinoNavarre who wrote (205988)11/14/2025 11:03:17 AM
From: E_K_S2 Recommendations

Recommended By
DinoNavarre
Salt'n'Peppa

  Read Replies (1) | Respond to of 206202
 
Re: South Bow Corp (SOBO) 27.09 +0.99 (+3.79%)

I started a position in this name 4/2025 w/ an average cost at $24.75. Current div yield 7.66% and stock is +14%.

This was mentioned by you and others here and like the pure play w/ the spin off.