South Bow (SOBO) Capital Expenditures (2024 - 2026)
South Bow (SOBO) posted Capital Expenditures of -$19.0 million for Q1 2026, down 2000.0% on a QoQ basis from $1.0 million in Q4 2025, and down 159.38% year-on-year from $32.0 million in Q1 2025.
South Bow (SOBO) Capital Expenditures (2024 - 2026) Analysis & Trends
South Bow has disclosed Capital Expenditures across 3 years of filings, most recently posting -$19.0 million for Q1 2026.
- Capital Expenditures for Q1 2026 came in at -$19.0 million, down 159.38% year-over-year; the trailing twelve-month figure through Mar 2026 was -$22.0 million (down 83.33% YoY), and the FY2025 annual result was $29.0 million, up 52.63% from the prior year.
- Capital Expenditures came in at -$19.0 million for Q1 2026 at South Bow, down from $1.0 million in the prior quarter.
- Over the last five years, Capital Expenditures for SOBO reached as high as $32.0 million in Q1 2025 and fell as low as -$62.0 million in Q3 2024.
- Median Capital Expenditures over the past 3 years was $1.0 million (2025), compared with a mean of -$5.1 million.
- Year-over-year, Capital Expenditures surged 366.67% in 2025 and tumbled 159.38% in 2026.
- Over 3 years, Capital Expenditures stood at $10.0 million in 2024, then plunged by 90.0% to $1.0 million in 2025, then plunged by 2000.0% to -$19.0 million in 2026.
- Per Business Quant, the three latest SOBO Capital Expenditures figures stand at -$19.0 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.78 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 133.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 983.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.92 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 899.50 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 575.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 864.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 31.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.18 Bn |
| 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 |