Keystone pipeline facilities in Hardisty, Alta. Keystone operator South Bow says its earnings amounted to 45 US cents per share in the quarter ending Sept. 30.
South Bow Corp. SOBO-T reported net income of US$93-million in its third quarter, up from US$61-million during the same period a year earlier.
The Calgary-based pipeline operator says its earnings amounted to 45 US cents per share in the quarter ending Sept. 30, up from 29 cents last year.
South Bow says revenue during the third quarter reached US$461-million, down from US$534-million during the same period a year earlier.
The company had an average throughput of 584,000 barrels per day on its Keystone pipeline during the period and 703,000 barrels per day on the U.S. Gulf Coast segment of the Keystone Pipeline System.
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