South Bow (SOBO) Accumulated Expenses (2023 - 2026)
South Bow (SOBO) posted Accumulated Expenses of $1.4 billion for Q2 2026, up 10.64% on a QoQ basis from $1.2 billion in Q1 2026, and down 13.54% year-over-year from $1.6 billion in Q2 2025.
Analysis
South Bow (SOBO) Accumulated Expenses (2023 - 2026) Analysis & Trends
South Bow has reported Accumulated Expenses for 4 years, with the latest figure at $1.4 billion in Q2 2026.
- On a quarterly basis, Accumulated Expenses fell 13.54% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 13.54% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 26.49% from the prior year.
- Accumulated Expenses was $1.4 billion for Q2 2026 at South Bow, up from $1.2 billion in the prior quarter.
- The five-year high for Accumulated Expenses was $2.1 billion in Q4 2023, with the low at $1.1 billion in Q4 2025.
- Average Accumulated Expenses over 4 years is $1.5 billion, with a median of $1.4 billion recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Accumulated Expenses retreated 26.49% in 2025, then fell 10.66% in 2026.
- Over 4 years, Accumulated Expenses stood at $2.1 billion in 2023, then decreased by 25.59% to $1.5 billion in 2024, then declined by 26.49% to $1.1 billion in 2025, then increased by 20.97% to $1.4 billion in 2026.
- The last three Accumulated Expenses figures came in at $1.4 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | South Bow | 7.72 Bn | 6.95 Bn | 485.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37 Bn |
| Mar 31, 2026 | 1.24 Bn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.39 Bn |
| Dec 31, 2024 | 1.54 Bn |
| Dec 31, 2023 | 2.08 Bn |