South Bow (SOBO) Payables (2023 - 2026)
South Bow's Payables came in at $1.48 billion for the quarter ended Jun 30, 2026, down 12.7% from $1.69 billion a year earlier but up 9.8% from the prior quarter.
South Bow (SOBO) Payables (2023 - 2026) Analysis & Trends
As of Dec 31, 2025, South Bow's Payables was $1.14 billion, down 26.5% from the prior year.
- Going back by year, Payables was $1.54 billion in the year ended Dec 31, 2024 (-25.6%) and $2.08 billion in the year ended Dec 31, 2023.
- The five-year range for quarterly Payables is $1.14 billion (the quarter ended Dec 31, 2025) to $2.08 billion (the quarter ended Dec 31, 2023).
- Year-over-year, Payables has declined for three consecutive quarters, with an average decline of 18.7% over the last four quarters.
- Business Quant data shows SOBO's Payables at $1.35 billion (quarter ended Mar 31, 2026), $1.14 billion (quarter ended Dec 31, 2025) and $1.51 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 8.46 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.63 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 13.77 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.57 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 4.82 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 2.11 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 155.00 Mn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 5.03 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 293.00 Mn |
| 10 | South Bow | 7.08 Bn | 4.80 Bn | 485.00 Mn | 1.48 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.48 Bn |
| Mar 31, 2026 | 1.35 Bn |
| Dec 31, 2025 | 1.14 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 1.69 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.54 Bn |
| Dec 31, 2023 | 2.08 Bn |
South Bow Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=SOBO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "SOBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();