South Bow (SOBO) Payables (2023 - 2026)

South Bow (SOBO) posted Payables of $1.3 billion for Q1 2026, up 18.5% on a QoQ basis from $1.1 billion in Q4 2025, and down 9.91% year-on-year from $1.5 billion in Q1 2025.

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

South Bow has disclosed Payables across 4 years of filings, most recently posting $1.3 billion for Q1 2026.

  • Payables for Q1 2026 came in at $1.3 billion, down 9.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 9.91% YoY), and the FY2025 annual result was $1.1 billion, down 26.49% from the prior year.
  • Payables came in at $1.3 billion for Q1 2026 at South Bow, up from $1.1 billion in the prior quarter.
  • Over the last five years, Payables for SOBO reached as high as $2.1 billion in Q4 2023 and fell as low as $1.1 billion in Q4 2025.
  • Median Payables over the past 4 years was $1.5 billion (2025), compared with a mean of $1.5 billion.
  • Year-over-year, Payables retreated 26.49% in 2025 and slipped 9.91% in 2026.
  • Over 4 years, Payables stood at $2.1 billion in 2023, then retreated by 25.59% to $1.5 billion in 2024, then dropped by 26.49% to $1.1 billion in 2025, then grew by 18.5% to $1.3 billion in 2026.
  • Per Business Quant, the three latest SOBO Payables figures stand at $1.3 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.5 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 8.24 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.37 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.30 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 13.14 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 1.99 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 126.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 5.22 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 52.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 817.00 Mn
10 South Bow - - 417.00 Mn 1.35 Bn

Historic Data

Download Data
DateValue
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