South Bow (SOBO) Payables (2023 - 2026)

South Bow's Payables history runs 4 years deep, the most recent figure standing at $1.3 billion for Q1 2026.

• In Q1 2026, Payables fell 9.91% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $1.3 billion (down 9.91% YoY), while the FY2025 annual figure was $1.1 billion, down 26.49% from the prior year.
• Payables was $1.3 billion for Q1 2026 at South Bow, up from $1.1 billion in the prior quarter.
• In the past five years, Payables ranged from a high of $2.1 billion in Q4 2023 to a low of $1.1 billion in Q4 2025.
• Historically, Payables has averaged $1.5 billion across 4 years, with a median of $1.5 billion in 2025.
• The sharpest annual moves came in 2025 and 2026: Payables fell 26.49% in 2025, then decreased 9.91% in 2026.
• A 4-year view of Payables shows it 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.
• The last three Payables figures came in at $1.3 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.