Sunoco Q2 Net Income Triples to $283M, Adjusted EBITDA Doubles to $982M
SUN sits 60% above its 52-week low of $47.98.
Summary
Sunoco LP reported Q2 2026 net income of $283 million, more than triple the $86 million a year ago, driven by recent acquisitions and strong fuel margins. Adjusted EBITDA nearly doubled to $982 million, with the Fuel Distribution segment contributing $504 million on 4.1 billion gallons sold at 17.1 cents per gallon margin. The new Refinery segment added $175 million in EBITDA. Distributable cash flow reached $608 million, supporting a 1.25% sequential distribution increase to $1.0023 per unit—the seventh consecutive quarterly raise. Leverage stands at 3.7x with $2.3 billion in liquidity. Sunoco raised full-year 2026 Adjusted EBITDA guidance by $400 million to $3.5 billion to $3.7 billion. This follows the Q1 10-Q which showed substantial acquisition-driven growth; Q2 results confirm the trend is accelerating. The stock is trading near its 52-week high of $78.11, reflecting market confidence in the integration and cash generation.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Sunoco raised full-year 2026 Adjusted EBITDA guidance by $400 million to $3.5 billion to $3.7 billion.
At the time of this announcement, SUN was trading at $77.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $15.9B. The 52-week trading range was $47.98 to $78.11. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.