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SunocoCorp LLC ( (SUNC) ) has issued an announcement.
On May 5, 2026, Sunoco LP and SunocoCorp LLC reported strong financial and operating results for the quarter ended March 31, 2026, highlighted by a surge in net income to $644 million from $207 million a year earlier and Adjusted EBITDA of $867 million excluding one-time transaction costs. Performance was driven by robust gains in the Fuel Distribution, Terminals and Pipeline Systems segments, a one-time gain on inventory sales, and continued contributions from midstream assets, while the Refinery segment navigated a planned 50‑day maintenance turnaround.
The companies also completed the acquisition of TanQuid and raised their first-quarter 2026 distribution by 6.25% to $0.9899 per unit, marking over 10% growth versus the prior-year quarter and the sixth straight quarterly increase, underscoring their capital allocation focus on sustained distribution growth. As of March 31, 2026, Sunoco LP reported $13.9 billion of long-term debt, approximately $2.2 billion of available liquidity and a leverage ratio of about 4.0 times net debt to Adjusted EBITDA, supported by $199 million in capital spending split between growth and maintenance projects.
The most recent analyst rating on (SUNC) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on SunocoCorp LLC stock, see the SUNC Stock Forecast page.
More about SunocoCorp LLC
Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership with midstream operations spanning more than 14,000 miles of pipelines and over 160 terminals across North America, the Greater Caribbean and Europe. Its network supports annual distribution of over 15 billion gallons of fuel to roughly 11,000 Sunoco and partner-branded retail sites, independent dealers and commercial customers, while SunocoCorp LLC holds a limited partner interest in the partnership.
SUN and SUNC, both headquartered in Dallas, Texas, operate within the broader Energy Transfer LP corporate family, as SUN’s general partner is owned by Energy Transfer. Their integrated midstream and distribution footprint positions the group as a critical player in fuel logistics and storage, serving a diversified base of retail and commercial stakeholders across multiple geographies.
Average Trading Volume: 500,602
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.42B
See more data about SUNC stock on TipRanks’ Stock Analysis page.