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Sunoco Issues 2026 Guidance and Capital Allocation Outlook

Story Highlights
  • Sunoco LP issued 2026 guidance, targeting $3.1–$3.3 billion adjusted EBITDA.
  • The partnership plans aggressive capex, acquisitions and higher distributions, while lowering leverage.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunoco Issues 2026 Guidance and Capital Allocation Outlook

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

On January 6, 2026, Sunoco LP issued its 2026 guidance, projecting full-year adjusted EBITDA between $3.1 billion and $3.3 billion, underpinned by an expected $125 million in synergies from the Parkland acquisition, a planned 50-day maintenance turnaround at the Burnaby Refinery starting at the end of January, the anticipated closing of the TanQuid acquisition in the first quarter, and at least $600 million in growth capital expenditures alongside $400 million to $450 million of maintenance capex. The partnership outlined a capital allocation strategy that includes a multi-year pipeline of bolt-on acquisitions of at least $500 million annually, a return to its long-term leverage target of four times in 2026, a targeted distribution growth rate of at least 5% with quarterly increase announcements, equal dividend equivalents for SunocoCorp investors, and an expected rise in distributable cash flow per common unit for the ninth consecutive year, signaling continued balance-sheet discipline and income growth for unitholders.

The most recent analyst rating on (SUN) stock is a Buy with a $70.00 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 Outperform.

Sunoco’s overall stock score reflects a balanced outlook. Strong corporate events and strategic acquisitions bolster the score, while financial performance and technical indicators suggest moderate caution. The attractive dividend yield and reasonable valuation further support the stock’s appeal.

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

More about Sunoco

Sunoco LP (NYSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership with operations across 32 countries and territories in North America, the Greater Caribbean and Europe. Its midstream network spans roughly 14,000 miles of pipeline and more than 160 terminals, supporting fuel distribution of over 15 billion gallons annually to about 11,000 Sunoco and partner-branded retail locations as well as independent dealers and commercial customers; its general partner is owned by Energy Transfer LP, while SunocoCorp (NYSE: SUNC) is a publicly traded LLC holding a direct limited partner interest in Sunoco LP, with both entities headquartered in Dallas, Texas.

Average Trading Volume: 585,107

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.18B

Find detailed analytics on SUN stock on TipRanks’ Stock Analysis page.

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