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| Date | Value |
|---|---|
| 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 |