South Bow (SOBO) Capital Expenditures (2024 - 2026)
South Bow (SOBO) recorded quarterly Capital Expenditures of -$19.0 million in Q1 2026, down 2000.0% quarter-over-quarter from $1.0 million in Q4 2025, and down 159.38% on a YoY basis from $32.0 million in Q1 2025.
South Bow (SOBO) Capital Expenditures (2024 - 2026) Analysis & Trends
South Bow's Capital Expenditures history runs 3 years deep, the most recent figure standing at -$19.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures fell 159.38% year-over-year to -$19.0 million; the TTM figure through Mar 2026 stood at -$22.0 million (down 83.33% YoY), while the FY2025 annual figure was $29.0 million, up 52.63% from the prior year.
- Capital Expenditures was -$19.0 million for Q1 2026 at South Bow, down from $1.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $32.0 million in Q1 2025 to a low of -$62.0 million in Q3 2024.
- Historically, Capital Expenditures has averaged -$5.1 million across 3 years, with a median of $1.0 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Capital Expenditures jumped 366.67% in 2025, then plunged 159.38% in 2026.
- A 3-year view of Capital Expenditures shows it stood at $10.0 million in 2024, then slumped by 90.0% to $1.0 million in 2025, then slumped by 2000.0% to -$19.0 million in 2026.
- The last three Capital Expenditures figures came in at -$19.0 million (Q1 2026), $1.0 million (Q4 2025), and -$13.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.78 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 983.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 133.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.92 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 575.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 899.50 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 864.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 965.20 Mn |
| 10 | South Bow | - | - | 417.00 Mn | -19.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.00 Mn |
| Mar 31, 2026 | -19.00 Mn |
| Dec 31, 2025 | 1.00 Mn |
| Dec 31, 2025 | 1.00 Mn |
| Sep 30, 2025 | -13.00 Mn |
| Sep 30, 2025 | -13.00 Mn |
| Jun 30, 2025 | 9.00 Mn |
| Jun 30, 2025 | 9.00 Mn |
| Mar 31, 2025 | 32.00 Mn |
| Mar 31, 2025 | 32.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Sep 30, 2024 | -62.00 Mn |
| Sep 30, 2024 | -62.00 Mn |
| Jun 30, 2024 | 8.00 Mn |
| Jun 30, 2024 | 8.00 Mn |
| Mar 31, 2024 | -12.00 Mn |
| Mar 31, 2024 | -12.00 Mn |