South Bow Corp (SOBO) The Keystone Pipeline
You may have heard Trump say that the Keystone Pipeline will go ahead and Canada will pay for it. Remains to be seen but….
SOBO was spun off from TRP when the Biden administration put an end to the Keystone project.
If Trump guarantees the route, SOBO will build the pipeline They use the Canadian section presently and ship to some northern US destinations.
This company derives income from pipelines and storage of oil. Pays a 5.7% dividend. Gained 34 % yoy. Rose 75% the past two years. Not including the dividend. Off the 52 week high. Past performance is no prediction of future gains.
Not investment advice but worth a look.