{"id":647531,"date":"2026-06-30T18:34:27","date_gmt":"2026-07-01T01:34:27","guid":{"rendered":"https:\/\/nai500.com\/?p=647531"},"modified":"2026-06-30T18:34:27","modified_gmt":"2026-07-01T01:34:27","slug":"%e8%81%94%e6%89%8b-bridger-%e6%96%b0%e5%bb%ba%e8%be%93%e6%b2%b9%e7%ae%a1%e9%81%93%ef%bc%8csouth-bow-%e6%89%93%e5%bc%80%e9%95%bf%e6%9c%9f%e5%a2%9e%e9%95%bf%e7%a9%ba%e9%97%b4","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/06\/%e8%81%94%e6%89%8b-bridger-%e6%96%b0%e5%bb%ba%e8%be%93%e6%b2%b9%e7%ae%a1%e9%81%93%ef%bc%8csouth-bow-%e6%89%93%e5%bc%80%e9%95%bf%e6%9c%9f%e5%a2%9e%e9%95%bf%e7%a9%ba%e9%97%b4\/","title":{"rendered":"\u8054\u624b Bridger \u65b0\u5efa\u8f93\u6cb9\u7ba1\u9053\uff0cSouth Bow \u6253\u5f00\u957f\u671f\u589e\u957f\u7a7a\u95f4"},"content":{"rendered":"<p>\u52a0\u62ff\u5927\u80fd\u6e90\u57fa\u7840\u8bbe\u65bd\u4f01\u4e1a<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=SOBO%3ACA\">South Bow\uff08TSX:SOBO\uff09<\/a>\u5468\u4e8c\u53d1\u5e03\u5b98\u65b9\u58f0\u660e\uff0c\u5ba3\u5e03\u5c06\u4e0e\u7f8e\u56fd Bridger Pipeline \u516c\u53f8\u8054\u5408\u5f00\u53d1\u6000\u4fc4\u660e\u5dde\u6839\u897f\u81f3\u4fc4\u514b\u62c9\u8377\u9a6c\u5dde\u5e93\u6b23\u7684\u539f\u6cb9\u7ba1\u9053\u9879\u76ee\uff0c\u5ef6\u4f38\u5317\u7f8e\u539f\u6cb9\u8fd0\u8f93\u5e72\u7ebf\uff0c\u592f\u5b9e\u957f\u671f\u4e1a\u7ee9\u589e\u957f\u57fa\u7840\u3002<\/p>\n<p>\u636e\u516c\u544a\u62ab\u9732\uff0c\u8be5\u9879\u76ee\u5c06\u6cbf\u4e00\u6761\u4ece\u7b2c\u4e09\u65b9\u4f01\u4e1a\u6536\u8d2d\u7684\u7ba1\u5eca\u5eca\u9053\u63a8\u8fdb\u5efa\u8bbe\u3002\u76ee\u524d\u53cc\u65b9\u9879\u76ee\u56e2\u961f\u6b63\u5f00\u5c55\u65b9\u6848\u7ec6\u8282\u8bba\u8bc1\uff0c\u540e\u7eed\u5c06\u89c6\u8fdb\u5c55\u540c\u6b65\u62ab\u9732\u66f4\u591a\u4fe1\u606f\uff1b\u9879\u76ee\u521d\u671f\u5c06\u628a\u6cbf\u7ebf\u571f\u5730\u6240\u6709\u8005\u4e0e\u793e\u533a\u6c9f\u901a\u5217\u4e3a\u6838\u5fc3\u4f18\u5148\u4e8b\u9879\u3002<\/p>\n<p>\u672c\u6b21\u89c4\u5212\u7684\u6839\u897f &#8211; \u5e93\u6b23\u7ba1\u7ebf\uff0c\u662f\u53cc\u65b9\u8054\u5408\u63a8\u8fdb\u7684 Prairie Connector \u8de8\u5883\u9879\u76ee\u7684\u5173\u952e\u4e0b\u6e38\u914d\u5957\u3002\u6b64\u524d\u53cc\u65b9\u5df2\u63d0\u51fa\u5efa\u8bbe\u52a0\u62ff\u5927\u963f\u5c14\u4f2f\u5854\u7701\u81f3\u7f8e\u56fd\u6000\u4fc4\u660e\u5dde\u6839\u897f\u7684\u8f93\u6cb9\u7ba1\u9053\uff0c\u9879\u76ee\u843d\u5730\u540e\u53ef\u5c06\u52a0\u62ff\u5927\u539f\u6cb9\u5bf9\u7f8e\u51fa\u53e3\u80fd\u529b\u63d0\u5347 12% \u4ee5\u4e0a\uff0c\u663e\u8457\u7f13\u89e3\u52a0\u62ff\u5927\u897f\u90e8\u539f\u6cb9\u5916\u8fd0\u8fd0\u529b\u7d27\u7f3a\u7684\u884c\u4e1a\u75db\u70b9\u3002\u4e1a\u5185\u5206\u6790\u6307\u51fa\uff0c\u6839\u897f\u5e76\u975e\u539f\u6cb9\u7ec8\u7aef\u70bc\u5316\u5e02\u573a\uff0c\u672c\u6b21\u65b0\u5efa\u76f4\u8fbe\u5e93\u6b23\u67a2\u7ebd\u7684\u8f93\u9001\u94fe\u8def\u5c06\u8865\u9f50\u8de8\u5883\u8f93\u6cb9\u7f51\u7edc\u7684\u672b\u7aef\u77ed\u677f\uff0c\u5b9e\u73b0\u52a0\u62ff\u5927\u539f\u6cb9\u76f4\u901a\u7f8e\u56fd\u6838\u5fc3\u70bc\u6cb9\u4ea7\u4e1a\u96c6\u7fa4\u3002<\/p>\n<p>\u4f5c\u4e3a\u5317\u7f8e\u4e2d\u6e38\u80fd\u6e90\u57fa\u5efa\u6838\u5fc3\u6807\u7684\uff0cSouth Bow\u51ed\u501f\u9ad8\u6bd4\u4f8b\u7b7e\u7ea6\u9501\u5b9a\u7684\u7a33\u5b9a\u73b0\u91d1\u6d41\u4e0e\u521a\u6027\u8fd0\u8f93\u9700\u6c42\uff0c\u5177\u5907\u957f\u671f\u914d\u7f6e\u4ef7\u503c\u3002<\/p>\n<p>\u4e1a\u7ee9\u5c42\u9762\uff0c\u7a33\u5065\u7684\u8fd0\u8425\u6548\u7387\u4e0e\u4e25\u8c28\u7684\u8d22\u52a1\u7ba1\u63a7\u6784\u6210\u4e86\u516c\u53f8\u4ef7\u503c\u7684\u6838\u5fc3\u652f\u6491\u30022026 \u5e74\u4e00\u5b63\u5ea6\uff0c\u516c\u53f8\u65d7\u4e0b\u6838\u5fc3\u8d44\u4ea7 Keystone \u7ba1\u9053\u65e5\u5747\u8f93\u6cb9\u91cf\u7ea6 61.6 \u4e07\u6876\uff0c\u7cfb\u7edf\u8fd0\u884c\u7387\u7ef4\u6301 95% \u7684\u9ad8\u4f4d\u6c34\u5e73\uff1b\u5355\u5b63\u5ea6\u5b9e\u73b0\u6b63\u5e38\u5316 EBITDA 2.57 \u4ebf\u7f8e\u5143\uff0c\u7b26\u5408\u5e02\u573a\u9884\u671f\u3002\u516c\u53f8\u5df2\u5c06 2026 \u5e74\u5168\u5e74\u6b63\u5e38\u5316 EBITDA \u6307\u5f15\u5b9a\u4e3a 10.3 \u4ebf\u7f8e\u5143\uff08\u6ce2\u52a8\u533a\u95f4 \u00b12%\uff09\uff0c\u5176\u4e2d\u7ea6 90% \u7684\u6536\u76ca\u5df2\u901a\u8fc7\u957f\u671f\u5408\u540c\u9501\u5b9a\uff0c\u53d7\u6cb9\u4ef7\u6ce2\u52a8\u5f71\u54cd\u6781\u4f4e\u3002<\/p>\n<p>\u589e\u91cf\u9879\u76ee\u65b9\u9762\uff0cBlackrod \u8fde\u63a5\u9879\u76ee\u8fd1\u671f\u5df2\u6b63\u5f0f\u6295\u5165\u5546\u4e1a\u8fd0\u8425\uff0c\u9884\u8ba1 2026 \u5e74\u5168\u5e74\u5c06\u8d21\u732e\u8fd1 1000 \u4e07\u7f8e\u5143\u6b63\u5e38\u5316 EBITDA\uff0c\u6210\u4e3a\u77ed\u671f\u4e1a\u7ee9\u7684\u660e\u786e\u589e\u957f\u70b9\u3002South Bow \u8868\u793a\uff0c\u516c\u53f8\u672a\u6765\u5c06\u6301\u7eed\u4f9d\u6258\u73b0\u6709\u57fa\u7840\u8bbe\u65bd\u5eca\u9053\u62d3\u5c55\u4ef7\u503c\u94fe\u673a\u4f1a\uff0c\u540c\u65f6\u4fdd\u6301\u5ba1\u614e\u7684\u8d44\u672c\u914d\u7f6e\u7b56\u7565\u3002\u672c\u6b21\u4e0e Bridger \u5408\u4f5c\u7684\u8de8\u5dde\u7ba1\u7ebf\u9879\u76ee\u843d\u5730\u540e\uff0c\u5c06\u8fdb\u4e00\u6b65\u62d3\u5bbd\u516c\u53f8\u8f93\u6cb9\u7f51\u7edc\u8986\u76d6\u8303\u56f4\uff0c\u5f3a\u5316\u957f\u671f\u73b0\u91d1\u6d41\u589e\u957f\u80fd\u529b\uff0c\u5de9\u56fa\u7a33\u5b9a\u7684\u80a1\u4e1c\u56de\u62a5\u57fa\u7840\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u52a0\u62ff\u5927\u80fd\u6e90\u57fa\u7840\u8bbe\u65bd\u4f01\u4e1aSouth Bow\uff08TSX:SOBO\uff09\u5468\u4e8c\u53d1\u5e03\u5b98\u65b9\u58f0\u660e\uff0c\u5ba3\u5e03\u5c06\u4e0e\u7f8e\u56fd Bridger P [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":576199,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[2146,2247,1859,2137],"class_list":["post-647531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-2146","tag-2247","tag-1859","tag-2137","sectors-oil-gas-zh-hans","locations-canada-zh-hans","locations-us-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/647531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=647531"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/647531\/revisions"}],"predecessor-version":[{"id":647534,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/647531\/revisions\/647534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/576199"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=647531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=647531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=647531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}