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South Bow Corp. (TSX: SOBO)

This spin-off from TC Energy owns the liquids pipelines business, including Keystone.


Income Investor

In a research note, RBC Capital Markets analysts were positive about the split. They said South Bow offers investors exposure to Keystone, one of North America's most critical energy pipelines. It has long-term contracts and an attractive dividend. RBC initiated coverage with a price target of $34. - Adam Mayers

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SOBO was first recommended here on October 9, 2024