South Bow (SOBO) Receivables (2023 - 2026)

South Bow (SOBO) posted quarterly Receivables of $977.0 million for Q1 2026, down 12.38% year-over-year from $1.1 billion in Q1 2025, and down 11.74% quarter-over-quarter from $1.1 billion in Q4 2025.

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

South Bow's Receivables history runs 4 years deep, the most recent figure standing at $977.0 million for Q1 2026.

  • In Q1 2026, Receivables fell 12.38% year-over-year to $977.0 million; the TTM figure through Mar 2026 stood at $977.0 million (down 12.38% YoY), while the FY2025 annual figure was $1.1 billion, down 6.97% from the prior year.
  • Receivables for Q1 2026 stood at $977.0 million, down from $1.1 billion in the prior quarter.
  • The five-year high for Receivables was $1.3 billion in Q4 2023, with the low at $977.0 million in Q1 2026.
  • The 4-year median for Receivables is $1.1 billion (2025), against an average of $1.1 billion.
  • The sharpest annual moves came in 2025 and 2026: Receivables fell 6.97% in 2025, then slipped 12.38% in 2026.
  • South Bow's Receivables stood at $1.3 billion in 2023, then slipped by 11.46% to $1.2 billion in 2024, then dropped by 6.97% to $1.1 billion in 2025, then slipped by 11.74% to $977.0 million in 2026.
  • Business Quant data shows SOBO's Receivables at $977.0 million in Q1 2026, $1.1 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 1.56 Bn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn 7.19 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 9.40 Bn
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn 16.92 Bn
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn 1.80 Bn
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn 1.60 Bn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn 3.55 Bn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn 1.95 Bn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 1.44 Bn
10 South Bow 7.64 Bn 7.00 Bn 417.00 Mn 977.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 977.00 Mn
Dec 31, 2025 1.11 Bn
Sep 30, 2025 1.09 Bn
Jun 30, 2025 1.12 Bn
Mar 31, 2025 1.12 Bn
Dec 31, 2024 1.19 Bn
Dec 31, 2023 1.34 Bn