South Bow (SOBO) Tax Provisions (2024 - 2026)

South Bow (SOBO) recorded quarterly Tax Provisions of $12.0 million in Q1 2026, down 47.83% quarter-over-quarter from $23.0 million in Q4 2025, and down 45.45% on a YoY basis from $22.0 million in Q1 2025.

South Bow (SOBO) Tax Provisions (2024 - 2026) Analysis & Trends

South Bow's Tax Provisions history runs 3 years deep, the most recent figure standing at $12.0 million for Q1 2026.

  • In Q1 2026, Tax Provisions fell 45.45% year-over-year to $12.0 million; the TTM figure through Mar 2026 stood at -$26.0 million (down 172.22% YoY), while the FY2025 annual figure was -$16.0 million, down 137.21% from the prior year.
  • Tax Provisions was $12.0 million for Q1 2026 at South Bow, down from $23.0 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $46.0 million in Q2 2024 to a low of -$71.0 million in Q3 2025.
  • Historically, Tax Provisions has averaged $4.3 million across 3 years, with a median of $12.0 million in 2026.
  • Biggest YoY gain for Tax Provisions was 283.33% in 2025; the steepest drop was 86.84% in 2025.
  • A 3-year view of Tax Provisions shows it stood at $6.0 million in 2024, then jumped by 283.33% to $23.0 million in 2025, then tumbled by 47.83% to $12.0 million in 2026.
  • The last three Tax Provisions figures came in at $12.0 million (Q1 2026), $23.0 million (Q4 2025), and -$71.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 428.04 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 22.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 287.00 Mn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 135.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 123.90 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 245.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 102.54 Mn
10 South Bow - - 417.00 Mn 12.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.00 Mn
Dec 31, 2025 23.00 Mn
Sep 30, 2025 -71.00 Mn
Jun 30, 2025 10.00 Mn
Mar 31, 2025 22.00 Mn
Dec 31, 2024 6.00 Mn
Sep 30, 2024 -38.00 Mn
Jun 30, 2024 46.00 Mn
Mar 31, 2024 29.00 Mn