South Bow (SOBO) Capital Expenditures (2024 - 2026)
South Bow (SOBO) posted Capital Expenditures of -$18.0 million for Q2 2026, up 33.33% on a QoQ basis from -$27.0 million in Q1 2026, and down 141.86% year-over-year from $43.0 million in Q2 2025.
Analysis
South Bow (SOBO) Capital Expenditures (2024 - 2026) Analysis & Trends
South Bow has reported Capital Expenditures for 3 years, with the latest figure at -$18.0 million in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 141.86% year-over-year to -$18.0 million in Q2 2026; TTM through Jun 2026 was -$157.0 million, a 98.73% decrease from a year earlier, with the FY2025 full-year figure at -$178.0 million, down 226.24% from the prior year.
- Capital Expenditures was -$18.0 million for Q2 2026 at South Bow, up from -$27.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $43.0 million in Q2 2025, with the low at -$62.0 million in Q3 2024.
- Average Capital Expenditures over 3 years is -$26.8 million, with a median of -$27.5 million recorded in 2024.
- The largest YoY upside for Capital Expenditures was 315.0% in 2025 against a maximum downside of 166.67% in 2025.
- Over 3 years, Capital Expenditures stood at -$28.0 million in 2024, then slumped by 114.29% to -$60.0 million in 2025, then jumped by 70.0% to -$18.0 million in 2026.
- The last three Capital Expenditures figures came in at -$18.0 million (Q2 2026), -$27.0 million (Q1 2026), and -$60.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 982.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.16 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 1.56 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -773.53 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.01 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 825.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 613.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.15 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -218.00 Mn |
| 10 | South Bow | 7.72 Bn | 6.95 Bn | 485.00 Mn | -18.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.00 Mn |
| Mar 31, 2026 | -27.00 Mn |
| Dec 31, 2025 | -60.00 Mn |
| Sep 30, 2025 | -52.00 Mn |
| Jun 30, 2025 | 43.00 Mn |
| Mar 31, 2025 | -32.00 Mn |
| Dec 31, 2024 | -28.00 Mn |
| Sep 30, 2024 | -62.00 Mn |
| Jun 30, 2024 | -20.00 Mn |
| Mar 31, 2024 | -12.00 Mn |