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
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