South Bow (SOBO) Enterprise Value (2023 - 2026)
South Bow (SOBO) recorded quarterly Enterprise Value of -$549.0 million in Q1 2026, down 9.58% quarter-over-quarter from -$501.0 million in Q3 2025, and down 38.29% on a YoY basis from -$889.6 million in Q1 2025.
South Bow (SOBO) Enterprise Value (2023 - 2026) Analysis & Trends
South Bow's Enterprise Value history runs 4 years deep, the most recent figure standing at -$549.0 million for Q1 2026.
- In Q1 2026, Enterprise Value fell 38.29% year-over-year to -$549.0 million; the TTM figure through Mar 2026 stood at -$549.0 million (down 38.29% YoY), while the FY2023 annual figure was -$262.0 million, changed N/A from the prior year.
- Enterprise Value was -$549.0 million for Q1 2026 at South Bow, down from -$501.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$262.0 million in Q4 2023 to a low of -$706.0 million in Q3 2024.
- Historically, Enterprise Value has averaged -$456.4 million across 4 years, with a median of -$476.5 million in 2025.
- Biggest YoY gain for Enterprise Value was 29.04% in 2025; the steepest drop was 51.53% in 2025.
- A 4-year view of Enterprise Value shows it stood at -$262.0 million in 2023, then plunged by 169.47% to -$706.0 million in 2024, then increased by 29.04% to -$501.0 million in 2025, then dropped by 9.58% to -$549.0 million in 2026.
- The last three Enterprise Value figures came in at -$549.0 million (Q1 2026), -$501.0 million (Q3 2025), and -$452.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 700.77 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | -1.15 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | -719.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -984.32 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | -1.51 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 32.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | -131.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.19 Bn |
| 10 | South Bow | - | - | 417.00 Mn | -549.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -549.00 Mn |
| Sep 30, 2025 | -501.00 Mn |
| Jun 30, 2025 | -452.00 Mn |
| Mar 31, 2025 | -397.00 Mn |
| Sep 30, 2024 | -706.00 Mn |
| Jun 30, 2024 | -522.00 Mn |
| Mar 31, 2024 | -262.00 Mn |
| Dec 31, 2023 | -262.00 Mn |