South Bow (SOBO) Tax Provisions (2024 - 2026)
South Bow (SOBO) posted Tax Provisions of $12.0 million for Q1 2026, down 47.83% on a QoQ basis from $23.0 million in Q4 2025, and down 45.45% year-on-year from $22.0 million in Q1 2025.
South Bow (SOBO) Tax Provisions (2024 - 2026) Analysis & Trends
South Bow has disclosed Tax Provisions across 3 years of filings, most recently posting $12.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $12.0 million, down 45.45% year-over-year; the trailing twelve-month figure through Mar 2026 was -$26.0 million (down 172.22% YoY), and the FY2025 annual result was -$16.0 million, down 137.21% from the prior year.
- Tax Provisions came in at $12.0 million for Q1 2026 at South Bow, down from $23.0 million in the prior quarter.
- Over the last five years, Tax Provisions for SOBO reached as high as $46.0 million in Q2 2024 and fell as low as -$71.0 million in Q3 2025.
- Median Tax Provisions over the past 3 years was $12.0 million (2026), compared with a mean of $4.3 million.
- On a YoY basis, Tax Provisions climbed as much as 283.33% in 2025 and fell as far as 86.84% in 2025.
- Over 3 years, Tax Provisions stood at $6.0 million in 2024, then jumped by 283.33% to $23.0 million in 2025, then sank by 47.83% to $12.0 million in 2026.
- Per Business Quant, the three latest SOBO Tax Provisions figures stand at $12.0 million (Q1 2026), $23.0 million (Q4 2025), and -$71.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 428.04 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 287.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 22.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 135.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 123.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 245.00 Mn |
| 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 | 111.00 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 |