South Bow (SOBO) Enterprise Value (2023 - 2026)
South Bow (SOBO) posted Enterprise Value of -$549.0 million for Q1 2026, down 9.58% on a QoQ basis from -$501.0 million in Q3 2025, and down 40.77% year-on-year from -$926.9 million in Q1 2025.
South Bow (SOBO) Enterprise Value (2023 - 2026) Analysis & Trends
South Bow has disclosed Enterprise Value across 4 years of filings, most recently posting -$549.0 million for Q1 2026.
- Enterprise Value for Q1 2026 came in at -$549.0 million, down 40.77% year-over-year; the trailing twelve-month figure through Mar 2026 was -$549.0 million (down 40.77% YoY), and the FY2023 annual result was -$262.0 million, changed N/A from the prior year.
- Enterprise Value came in at -$549.0 million for Q1 2026 at South Bow, down from -$501.0 million in the prior quarter.
- Over the last five years, Enterprise Value for SOBO reached as high as -$262.0 million in Q4 2023 and fell as low as -$706.0 million in Q3 2024.
- Median Enterprise Value over the past 4 years was -$449.0 million (2025), compared with a mean of -$448.6 million.
- On a YoY basis, Enterprise Value climbed as much as 29.04% in 2025 and fell as far as 48.85% in 2025.
- Over 4 years, Enterprise Value stood at -$262.0 million in 2023, then slumped 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.
- Per Business Quant, the three latest SOBO Enterprise Value figures stand at -$549.0 million (Q1 2026), -$501.0 million (Q3 2025), and -$397.0 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 700.77 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | -1.15 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | -719.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 32.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | -1.51 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | -131.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | -282.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -58.00 Mn |
| 10 | South Bow | - | - | 417.00 Mn | -599.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -599.00 Mn |
| Sep 30, 2025 | -501.00 Mn |
| Jun 30, 2025 | -452.00 Mn |
| Mar 31, 2025 | -390.00 Mn |
| Sep 30, 2024 | -5.19 Bn |
| Dec 31, 2023 | -262.00 Mn |