Martha Wilmot
Director of Investment Relations
Replay available
South Bow Corporation (TSX: SOBO) Q3 2025 earnings conference call, held 2025-11-14. Replay captured from the company's public earnings webcast.

Director of Investment Relations
President and Chief Executive Officer
Senior Vice President and Chief Operating Officer
Senior Vice President and Chief Financial Officer
Analyst at Jefferies
Analyst at RBC Capital Markets
Analyst at Wells Fargo
Good day, and thank you for standing by. Welcome to the South Pole Third Quarter 2025 Conference Call and Webcast. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is pre-recorded. I'll now take the conference over to your first speaker today, Martha Wilmot, Director of Investment Relations. Please go ahead. Thank you, Marvin, and welcome everyone to Southville's third quarter 2025 earnings call. With me today are Bevan Worspa, President and Chief Executive Officer, Van Dafoe, Senior Vice President and Chief Financial Officer, and Richard Pryor, Senior Vice President and Chief Operating Officer. Before I turn it over to Bevan, I'd like to remind listeners that today's remarks will include forward-looking information and statements which are subject to the risks and uncertainties addressed in our public disclosure documents, available under Southbow's CDAR Plus profile and in Southbow's filings with the SEC. Today's discussion will also include non-GAAP financial measures and ratios, which may not be comparable to measures presented by other entities. With that, I'll turn it over to Bevan. Thanks, Martha, and good morning, everyone. We appreciate you joining us today. Southbow's third quarter financial results once again demonstrated the resilience of our business with our stable earnings profile, allowing us to meaningfully deliver on our capital allocation priorities in our first year as an independent company. We have paid a sust...