Sunoco Announces Private Offering for Parkland Acquisition

The latest update is out from Sunoco ( (SUN) ).

On September 4, 2025, Sunoco LP announced the commencement of a private offering of senior notes and Series A Preferred Units to fund its acquisition of Parkland Corporation. The offerings, which are not contingent on each other or the Parkland Acquisition, aim to provide cash consideration for the acquisition and related costs. As of August 25, 2025, Sunoco had $72 million in cash and $250 million in outstanding borrowings, with plans to repay Parkland’s existing credit facilities and assume its debt. If the acquisition is not completed by May 5, 2026, the notes and preferred units will be subject to mandatory redemption. The financial implications of this transaction include maintaining approximately $3.8 billion of Parkland’s debt post-acquisition.

The most recent analyst rating on (SUN) stock is a Hold with a $56.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.

Spark’s Take on SUN Stock

According to Spark, TipRanks’ AI Analyst, SUN is a Neutral.

Sunoco’s overall stock score is primarily driven by its strong earnings call performance and optimistic growth outlook, despite mixed financial performance and technical indicators. The high dividend yield adds value, but the high P/E ratio suggests potential overvaluation.

To see Spark’s full report on SUN stock, click here.

More about Sunoco

Sunoco LP is an energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. It has an extensive network of approximately 14,000 miles of pipeline and over 100 terminals for midstream operations. Sunoco’s general partner is owned by Energy Transfer LP.

Average Trading Volume: 384,363

Technical Sentiment Signal: Hold

Current Market Cap: $7.9B

See more insights into SUN stock on TipRanks’ Stock Analysis page.