South Bow (SOBO) Receivables - Net (2023 - 2026)
South Bow (SOBO) posted Receivables - Net of $977.0 million for Q1 2026, down 11.74% on a QoQ basis from $1.1 billion in Q4 2025, and down 12.38% year-on-year from $1.1 billion in Q1 2025.
South Bow (SOBO) Receivables - Net (2023 - 2026) Analysis & Trends
South Bow has disclosed Receivables - Net across 4 years of filings, most recently posting $977.0 million for Q1 2026.
- Receivables - Net for Q1 2026 came in at $977.0 million, down 12.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $977.0 million (down 12.38% YoY), and the FY2025 annual result was $1.1 billion, down 6.97% from the prior year.
- Receivables - Net came in at $977.0 million for Q1 2026 at South Bow, down from $1.1 billion in the prior quarter.
- Over the last five years, Receivables - Net for SOBO reached as high as $1.3 billion in Q4 2023 and fell as low as $977.0 million in Q1 2026.
- Median Receivables - Net over the past 4 years was $1.1 billion (2025), compared with a mean of $1.1 billion.
- Year-over-year, Receivables - Net decreased 6.97% in 2025 and declined 12.38% in 2026.
- Over 4 years, Receivables - Net stood at $1.3 billion in 2023, then dropped by 11.46% to $1.2 billion in 2024, then declined by 6.97% to $1.1 billion in 2025, then dropped by 11.74% to $977.0 million in 2026.
- Per Business Quant, the three latest SOBO Receivables - Net figures stand at $977.0 million (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | South Bow | - | - | 417.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 977.00 Mn |
| Mar 31, 2026 | 977.00 Mn |
| Dec 31, 2025 | 1.11 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.09 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Dec 31, 2024 | 1.19 Bn |
| Dec 31, 2024 | 1.19 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Dec 31, 2023 | 1.34 Bn |