South BowSOBO +2.12%15 Market Cap is $7,604 Mil as of Jun. 26, 2026. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 12 warning signs investors should review. Among 1,043 Oil & Gas companies, South Bow ranks better than 89.84% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). South Bow's share price for the quarter that ended in Mar. 2026 was $33.32. South Bow's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 209 Mil. Therefore, South Bow's market cap for the quarter that ended in Mar. 2026 was $6,950 Mil.
South Bow's quarterly market cap
declined
from Sep. 2025 ($5,891 Mil) to Dec. 2025 ($5,721 Mil) but then
increased
from Dec. 2025 ($5,721 Mil) to Mar. 2026 ($6,950 Mil).
South Bow's annual market cap
increased
from Dec. 2023 ($0 Mil) to Dec. 2024 ($4,904 Mil) and
increased
from Dec. 2024 ($4,904 Mil) to Dec. 2025 ($5,721 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. South Bow's Enterprise Value for Today is $12,756 Mil.
South Bow (NYSE:SOBO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
South Bow Market Cap Related Terms
South Bow Market Cap Historical Data
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The historical data trend for South Bow's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, South Bow's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
South Bow Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, South Bow's Market Cap distribution charts can be found below:
* The bar in red indicates where South Bow's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
South Bow's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
South Bow (SOBO) has a Market Cap of $7,604 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on South Bow and its competitors. According to the industry distribution chart, South Bow ranks #106 out of 1043 companies in the Oil & Gas industry, placing it in the top 10.2%.
Is South Bow's Market Cap too high?
South Bow's current Market Cap is $7,604 Mil. The Oil & Gas industry median Market Cap is 206.34. South Bow's value of $7,604 Mil is 3585.2% above this industry median. Based on the distribution chart, South Bow ranks #106 out of 1043 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's Market Cap compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #106 out of 1043 companies for Market Cap. This places South Bow in the top 10% of its industry — outperforming the majority of peers. The industry median Market Cap is 206.34. South Bow's value of $7,604 Mil is 3585.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 206.34, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Bow's current Market Cap of $7,604 Mil is 3585.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on South Bow and its competitors. For the Oil & Gas industry, the median Market Cap is 206.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current Market Cap is $7,604 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current Market Cap of $7,604 Mil. The current Market Cap is $7,604 Mil and 3585.2% above the Oil & Gas industry median of 206.34. South Bow's overall GF Score™ is 15/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For South Bow (SOBO), the current Market Cap is $7,604 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
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