South Bow (SOBO) Capital Expenditures (2024 - 2026)
South Bow's (SOBO) quarterly Capital Expenditures came in at $27.0 million in Q1 2026, down 15.62% year-on-year from $32.0 million in Q1 2025, and up 2600.0% quarter-over-quarter from $1.0 million in Q4 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 $27.0 million for Q1 2026.
- On a quarterly basis, Capital Expenditures fell 15.62% year-over-year to $27.0 million in Q1 2026; TTM through Mar 2026 was $24.0 million, a 300.0% increase from a year earlier, with the FY2025 full-year figure at $29.0 million, up 52.63% from the prior year.
- Capital Expenditures advanced to $27.0 million in Q1 2026 per SOBO's latest filing, from $1.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $32.0 million in Q1 2025 and bottomed at -$62.0 million in Q3 2024.
- The 3-year median for Capital Expenditures is $9.0 million (2025), against an average of $2.7 million.
- Biggest YoY gain for Capital Expenditures was 166.67% in 2025; the steepest drop was 90.0% in 2025.
- Year by year, Capital Expenditures stood at $10.0 million in 2024, then plunged by 90.0% to $1.0 million in 2025, then soared by 2600.0% to $27.0 million in 2026.
- Per Business Quant, the three latest SOBO Capital Expenditures figures stand at $27.0 million (Q1 2026), $1.0 million (Q4 2025), and -$13.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -166,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.03 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 982.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.78 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 983.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -2.87 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.92 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 899.50 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 864.00 Mn |
| 10 | South Bow | 8.06 Bn | 7.46 Bn | 417.00 Mn | 27.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.00 Mn |
| Mar 31, 2026 | 27.00 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 |