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
DateValue
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