South Bow (SOBO) Other Operating Expenses (2024 - 2026)

South Bow (SOBO) posted Other Operating Expenses of $193.0 million for Q1 2026, down 73.78% on a QoQ basis from $736.0 million in Q4 2025, and up 12.87% year-on-year from $171.0 million in Q1 2025.

South Bow (SOBO) Other Operating Expenses (2024 - 2026) Analysis & Trends

South Bow has disclosed Other Operating Expenses across 3 years of filings, most recently posting $193.0 million for Q1 2026.

  • Other Operating Expenses for Q1 2026 came in at $193.0 million, up 12.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 5.14% YoY), and the FY2025 annual result was $1.3 billion, down 7.5% from the prior year.
  • Other Operating Expenses came in at $193.0 million for Q1 2026 at South Bow, down from $736.0 million in the prior quarter.
  • Over the last five years, Other Operating Expenses for SOBO reached as high as $797.0 million in Q4 2024 and fell as low as $168.0 million in Q3 2025.
  • Median Other Operating Expenses over the past 3 years was $194.0 million (2024), compared with a mean of $315.3 million.
  • Year-over-year, Other Operating Expenses fell 13.4% in 2025 and climbed 12.87% in 2026.
  • Over 3 years, Other Operating Expenses stood at $797.0 million in 2024, then decreased by 7.65% to $736.0 million in 2025, then plunged by 73.78% to $193.0 million in 2026.
  • Per Business Quant, the three latest SOBO Other Operating Expenses figures stand at $193.0 million (Q1 2026), $736.0 million (Q4 2025), and $168.0 million (Q3 2025).

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 193.00 Mn
Dec 31, 2025 736.00 Mn
Sep 30, 2025 168.00 Mn
Jun 30, 2025 196.00 Mn
Mar 31, 2025 171.00 Mn
Dec 31, 2024 798.00 Mn
Sep 30, 2024 174.00 Mn
Jun 30, 2024 201.00 Mn
Mar 31, 2024 182.00 Mn