SunocoCorp LLC 8K

Sunoco LP and SunocoCorp LLC reported strong second quarter 2026 results, raised full-year Adjusted EBITDA guidance, and announced increased quarterly cash distributions to unitholders, reflecting growth from recent acquisitions and solid segment performance.

On August 4, 2026, Sunoco LP and SunocoCorp LLC reported significantly improved financial and operating results for the quarter ended June 30, 2026, highlighted by a sharp increase in net income to $283 million from $86 million a year earlier, Adjusted EBITDA (excluding one-time transaction-related expenses) of $996 million, and Distributable Cash Flow, as adjusted, of $608 million, driven largely by contributions from recent acquisitions including Parkland and TanQuid across fuel distribution, terminals, and a new refinery segment. The companies raised full-year 2026 Adjusted EBITDA guidance by $400 million to a range of $3.5 billion to $3.7 billion, and SUN and SUNC each declared a second-quarter 2026 cash distribution of $1.0023 per unit (annualized $4.0092), marking SUN’s seventh consecutive quarterly distribution increase and over 10% growth versus the prior-year quarter. Segment performance showed strong volume and margin expansion in fuel distribution, increased throughput and profitability in pipeline systems and terminals, and new contributions from the refinery segment, while leverage remained moderate with a net debt-to-Adjusted EBITDA ratio of approximately 3.7x, supported by $2.3 billion of available liquidity on SUN’s revolving credit facility and second-quarter capital expenditures of $202 million, including $125 million of growth capital. Management also announced a conference call scheduled for the morning of August 4, 2026 to discuss the results and recent developments with investors.

Filing Facts

CIK

2089661

Ticker

-

Form

8K

Source Type

sec

Accession

0002089661-26-000043

Alert Tier

7