SOBO TOR Week ended 31 Jul 2026

Weekly Investor Report

South Bow Corporation · Energy · Oil & Gas Midstream

Latest close 51.98 CAD
-4.2% latest week
Weekly setup

Constructive trend

The weekly trend is active. Price is 12.7% above the Trend Line and sits at 85.9% of its 52-week range. The latest completed week returned -4.2%, after a 5.4% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers. The latest news-sentiment score is 54/100.

Setup score 74 out of 100
Latest Close 51.98 CAD 31 Jul 2026
1W Return -4.2% latest completed week
4W Return 5.4% short-term follow-through
12W Return 11.0% quarterly tape
Trend Breadth 100.0% 52 of 52 weeks active
Volume Ratio 1.1x vs 13-week average
What is working
  • The trend backdrop is active with a 68-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • 11 reversal markers appear in the recent smart-money tape.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 12.7% above the Trend Line and sits at 85.9% of its 52-week range. The latest completed week returned -4.2%, after a 5.4% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.1x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.9612-week average 0.96

12-week confirmation

Trend active12/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure12/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership12/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.96Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1111 reversal markers

No recent accumulation markers. 11 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 5.4% over four weeks, 11.0% over 12 weeks, and 50.3% over one year. The current trend has remained active for 68 consecutive weeks.

Performance by holding period

1W-4.2%
4W5.4%
12W11.0%
26W36.4%
52W50.3%
Active trend streak68 weeks
Active weeks in one year52
Trend breadth100.0%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.32Latest activity-pressure read.
Pressure change92.0%Four-week change in activity pressure.
Leadership13.38Latest relative-leadership reading.
RS change49.5%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks strongly versus its universe; growth is moderate; valuation is expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 94% Model confidence 90%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength45/100Blend of value, momentum, and quality. Underlying universe rank 56; rank 1 is best.
Value15/100Relative valuation strength. Underlying universe rank 86; rank 1 is best.
Quality82/100Profitability and accounting quality. Underlying universe rank 19; rank 1 is best.
Momentum80/100Medium-term price momentum. Underlying universe rank 21; rank 1 is best.
Growth30/100Revenue and earnings growth. Underlying universe rank 71; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework26/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
26.8x
Price divided by trailing earnings.
Price / sales
5.7x
Market value relative to trailing revenue.
EV / EBITDA
15.5x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
3.7%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
72.1%
Gross profit retained from each unit of revenue.
Operating margin
35.2%
Operating profit retained from revenue.
Free-cash-flow margin
30.6%
Free cash flow generated from revenue.
Return on invested capital
6.7%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-6.3%
Latest one-year revenue growth.
EPS growth
36.9%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
32.4%
Latest one-year free-cash-flow growth.
Piotroski F-score
6/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
5.1%
Cash dividends relative to market value.
Buyback yield
-0.1%
Net share repurchases relative to market value.
Shareholder yield
5.1%
Dividend yield plus net buyback yield.
Net debt / EBITDA
4.8x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment54/100

Weighted news tone is neutral across 27 relevant articles.

7 positive · 18 neutral · 2 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-5.3%Distance below the 52-week high.
13-week volatility4.1%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher17 of 269 weeks finished lower.
Best week+7.9%Week of 15 May.
Worst week-5.9%Week of 29 May.
Latest week-4.2%Week of 31 Jul.

Shape of recent returns

Strong gains2
Modest gains15
Flat weeks0
Modest losses5
Sharp losses4
Recent vol4.1%13-week weekly-return volatility.
Base vol3.1%52-week weekly-return volatility.
Up/down split33/19Count of positive and negative weeks in the 52-week window.
Average skew2.7% / -2.4%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 202651.98 CAD-4.2%46.12 CAD37.52 CAD0.3213.383.2MOn
24 Jul 202654.28 CAD2.4%45.65 CAD37.37 CAD0.2418.262.6MOn
17 Jul 202653.01 CAD3.7%45.09 CAD37.19 CAD0.0816.362.6MOn
10 Jul 202651.11 CAD3.7%44.54 CAD37.02 CAD0.0012.433.8MOn
3 Jul 202649.31 CAD-3.6%44.05 CAD36.87 CAD0.178.953.7MOn
26 Jun 202651.15 CAD2.8%43.64 CAD36.74 CAD0.3214.14882.9KOn
19 Jun 202649.76 CAD-5.3%43.18 CAD36.58 CAD0.3611.44619.9KOn
12 Jun 202652.57 CAD3.8%42.77 CAD36.43 CAD0.6318.13921.2KOn
5 Jun 202650.65 CAD3.6%42.26 CAD36.25 CAD0.7015.93703.6KOn
29 May 202648.91 CAD-5.9%41.74 CAD36.09 CAD0.7611.124.0MOn
22 May 202651.97 CAD2.8%41.29 CAD35.94 CAD0.9619.343.5MOn
15 May 202650.54 CAD7.9%40.74 CAD35.75 CAD0.8718.594.3MOn
8 May 202646.84 CAD0.6%40.24 CAD35.58 CAD0.809.546.3MOn
1 May 202646.57 CAD6.4%39.91 CAD35.45 CAD0.959.648.5MOn
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.