South Bow (SOBO) Inventory (2023 - 2026)

South Bow (SOBO) posted Inventory of $192.0 million for Q1 2026, up 92.0% on a QoQ basis from $100.0 million in Q4 2025, and up 33.33% year-on-year from $144.0 million in Q1 2025.

South Bow (SOBO) Inventory (2023 - 2026) Analysis & Trends

South Bow has disclosed Inventory across 4 years of filings, most recently posting $192.0 million for Q1 2026.

  • Inventory for Q1 2026 came in at $192.0 million, up 33.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $192.0 million (up 33.33% YoY), and the FY2025 annual result was $100.0 million, down 51.69% from the prior year.
  • Inventory came in at $192.0 million for Q1 2026 at South Bow, up from $100.0 million in the prior quarter.
  • Over the last five years, Inventory for SOBO reached as high as $207.0 million in Q4 2024 and fell as low as $100.0 million in Q4 2025.
  • Median Inventory over the past 4 years was $151.0 million (2025), compared with a mean of $154.4 million.
  • Year-over-year, Inventory plunged 51.69% in 2025 and surged 33.33% in 2026.
  • Over 4 years, Inventory stood at $160.0 million in 2023, then climbed by 29.38% to $207.0 million in 2024, then slumped by 51.69% to $100.0 million in 2025, then soared by 92.0% to $192.0 million in 2026.
  • Per Business Quant, the three latest SOBO Inventory figures stand at $192.0 million (Q1 2026), $100.0 million (Q4 2025), and $127.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.35 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 593.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 5.23 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 4.65 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 334.40 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 178.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.14 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 151.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 241.00 Mn
10 South Bow - - 417.00 Mn 192.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 192.00 Mn
Dec 31, 2025 100.00 Mn
Sep 30, 2025 127.00 Mn
Jun 30, 2025 151.00 Mn
Mar 31, 2025 144.00 Mn
Dec 31, 2024 207.00 Mn
Dec 31, 2023 160.00 Mn