South Bow (SOBO) Other Operating Expenses (2024 - 2026)
South Bow (SOBO) recorded quarterly Other Operating Expenses of $193.0 million in Q1 2026, down 73.78% quarter-over-quarter from $736.0 million in Q4 2025, and up 12.87% on a YoY basis from $171.0 million in Q1 2025.
South Bow (SOBO) Other Operating Expenses (2024 - 2026) Analysis & Trends
South Bow's Other Operating Expenses history runs 3 years deep, the most recent figure standing at $193.0 million for Q1 2026.
- In Q1 2026, Other Operating Expenses rose 12.87% year-over-year to $193.0 million; the TTM figure through Mar 2026 stood at $1.3 billion (down 5.14% YoY), while the FY2025 annual figure was $1.3 billion, down 7.5% from the prior year.
- Other Operating Expenses was $193.0 million for Q1 2026 at South Bow, down from $736.0 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $797.0 million in Q4 2024 to a low of $168.0 million in Q3 2025.
- Historically, Other Operating Expenses has averaged $315.3 million across 3 years, with a median of $194.0 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Other Operating Expenses declined 13.4% in 2025, then advanced 12.87% in 2026.
- A 3-year view of Other Operating Expenses shows it stood at $797.0 million in 2024, then decreased by 7.65% to $736.0 million in 2025, then slumped by 73.78% to $193.0 million in 2026.
- The last three Other Operating Expenses figures came in at $193.0 million (Q1 2026), $736.0 million (Q4 2025), and $168.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | South Bow | - | - | 417.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 797.00 Mn |
| Sep 30, 2024 | 194.00 Mn |
| Jun 30, 2024 | 201.00 Mn |
| Mar 31, 2024 | 182.00 Mn |