US EditionSouth Bow Reports First-Quarter 2025 Results and Declares Dividend - South Bow (NYSE:SOBO)
- On May 15, 2025, South Bow Corp., based in Calgary, Alberta, released its financial and operational results for the first quarter of 2025.
- The report follows South Bow's establishment as a standalone entity on October 1, 2024, when it spun off from TC Energy.
- During Q1 2025, South Bow generated $498 million in revenue and $88 million in net income, while addressing an April 8 oil release at MP-171 on the Keystone Pipeline.
- The company announced a dividend payment of $0.50 per share scheduled for July 15, 2025, reported a net debt-to-EBITDA ratio of 4.6 times, and projects its adjusted EBITDA to be near $1.01 billion for the year 2025.
- South Bow continues to focus on disciplined capital allocation to preserve optionality, support financial strength, and safely operate 4,900 kilometers of pipeline linking Alberta crude to U.S. Refining markets.
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Durham Region
South Bow Reports First-quarter 2025 Results and Declares Dividend
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its first-quarter 2025 financial and operational results and provides an update on its 2025 outlook. Unless otherwise noted, all…
South Bow Reports First-quarter 2025 Results and Declares Dividend - South Bow (NYSE:SOBO)
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. ((TSX &, NYSE:SOBO) (South Bow or the Company) reports its first-quarter 2025 financial and operational results and provides an update on its 2025 outlook. Unless otherwise noted, all financial figures in this news release are in U.S. dollars. Highlights Safety and operational performance Recorded first-quarter 2025 throughput of approximately 613,000 barrels per day (bbl/d) on …
Inside Halton
Birchcliff Energy Ltd. Announces Strong Q1 2025 Results and Declares Q2 2025 Dividend
CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q1 2025 financial and operational results.
NiagaraFallsReview.ca
Condor Announces 2025 First Quarter Results and Purchase of Its First LNG Facility
CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based, internationally focused energy transition company focused on Central Asia is pleased to announce the release of its unaudited interim condensed consolidated…
STEP Energy Services Ltd. Reports First Quarter 2025 Results
CALGARY, Alberta–(BUSINESS WIRE)–STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results for the three months ended March 31, 2025. The following Press Release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and the unaudited condensed consolidated financial statements and notes thereto as at March 31, 2025 (the “Financial Statements”). Reader…
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