South Bow (SOBO) Divestments (2024 - 2026)
South Bow (SOBO) posted Divestments of -$18.0 million for Q2 2026, up 30.77% on a QoQ basis from -$26.0 million in Q1 2026, and up 41.94% year-over-year from -$12.7 million in Q2 2025.
Analysis
South Bow (SOBO) Divestments (2024 - 2026) Analysis & Trends
South Bow has reported Divestments for 3 years, with the latest figure at -$18.0 million in Q2 2026.
- On a quarterly basis, Divestments rose 41.94% year-over-year to -$18.0 million in Q2 2026; TTM through Jun 2026 was -$156.0 million, a 13.87% decrease from a year earlier, with the FY2025 full-year figure at -$175.0 million, down 118.75% from the prior year.
- Divestments was -$18.0 million for Q2 2026 at South Bow, up from -$26.0 million in the prior quarter.
- The five-year high for Divestments was -$1.0 million in Q1 2024, with the low at -$61.0 million in Q3 2024.
- Average Divestments over 3 years is -$29.9 million, with a median of -$28.5 million recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Divestments slumped 3100.0% in 2025, then surged 41.94% in 2026.
- Over 3 years, Divestments stood at -$13.0 million in 2024, then sank by 361.54% to -$60.0 million in 2025, then jumped by 70.0% to -$18.0 million in 2026.
- The last three Divestments figures came in at -$18.0 million (Q2 2026), -$26.0 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) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 50.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.00 Mn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 40.00 Mn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | -2.10 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | - |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 133.02 Mn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 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 | -26.00 Mn |
| Dec 31, 2025 | -60.00 Mn |
| Sep 30, 2025 | -52.00 Mn |
| Jun 30, 2025 | -31.00 Mn |
| Mar 31, 2025 | -32.00 Mn |
| Dec 31, 2024 | -13.00 Mn |
| Sep 30, 2024 | -61.00 Mn |
| Jun 30, 2024 | -5.00 Mn |
| Mar 31, 2024 | -1.00 Mn |