Sunoco LP's earnings call reflected a strong financial performance with record second quarter results and positive developments in acquisitions and growth capital strategies. However, there were some challenges noted in fuel distribution margins and volumes. Overall, the sentiment is optimistic with a focus on growth and strategic acquisitions.

Company Guidance

During Sunoco LP's Second Quarter 2025 Earnings Conference Call, the company provided several key financial metrics and guidance for the remainder of the year. Sunoco reported a record second quarter with an adjusted EBITDA of $464 million, excluding $10 million in one-time transaction-related expenses, and distributable cash flow as adjusted at $300 million. They spent approximately $120 million on growth capital and $40 million on maintenance capital, with projections for the 2025 fiscal year including at least $400 million in growth capital and $150 million in maintenance capital. The company declared a distribution of $0.9088 per common unit for the second quarter, marking a 1.25% increase from the previous quarter. The leverage at the end of the quarter was below 4.2x, with $200 million outstanding on their $1.5 billion revolving credit facility. Sunoco's Fuel Distribution segment reported adjusted EBITDA of $214 million, while the Pipeline Systems and Terminal segments reported $177 million and $73 million respectively. The company is optimistic about closing its acquisition of Parkland and TanQuid in the fourth quarter, expecting these acquisitions to drive double-digit accretion and further distribution growth.

Record Second Quarter Performance

Sunoco LP delivered a record second quarter with adjusted EBITDA of $464 million and distributable cash flow as adjusted of $300 million.

Increased Distribution

Declared a second quarter distribution of $0.9088 per common unit, a 1.25% increase compared with the previous quarter, marking the third consecutive quarterly increase.

Strong Pipeline and Terminal Segments

The Pipeline Systems segment reported adjusted EBITDA of $177 million, showing growth from previous quarters, and the Terminal segment delivered adjusted EBITDA of $73 million, up from the first quarter and last year.

NuStar Acquisition Success

The NuStar acquisition has been described as outstanding, enhancing the scale and efficiency of the Pipeline and Terminals segments.

Positive Outlook on Parkland Acquisition

The Parkland acquisition received strong endorsement and is expected to deliver double-digit accretion while maintaining a strong balance sheet.

Robust Growth Capital Strategy

On track to meet 2025 projected capital spend with a minimum of $400 million for growth capital and $150 million for maintenance capital.

Sunoco (SUN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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SUN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.33 / -	-0.26	―	―	―
Aug 06, 2025	2025 (Q2)	1.26 / 0.43	3.85	-88.78% (-3.42)	―
May 06, 2025	2025 (Q1)	1.13 / 1.32	2.448	-46.08% (-1.13)	―
Feb 11, 2025	2024 (Q4)	1.33 / 0.80	-1.345	159.55% (+2.15)	―
Nov 06, 2024	2024 (Q3)	1.35 / -0.26	3.15	-108.25% (-3.41)	―
Aug 07, 2024	2024 (Q2)	1.23 / 3.85	1.023	276.34% (+2.83)	―
May 08, 2024	2024 (Q1)	1.31 / 2.45	1.41	73.62% (+1.04)	―
Feb 14, 2024	2023 (Q4)	1.14 / -1.34	0.608	-321.22% (-1.95)	―
Nov 01, 2023	2023 (Q3)	1.23 / 3.15	0.978	222.09% (+2.17)	―
Aug 02, 2023	2023 (Q2)	1.23 / 1.02	1.165	-12.19% (-0.14)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SUN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$52.57	$51.96	-1.16%
May 06, 2025	$52.77	$51.97	-1.52%
Feb 11, 2025	$54.79	$55.44	+1.19%
Nov 06, 2024	$49.88	$50.91	+2.06%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Sunoco LP (SUN) report earnings?

Sunoco LP (SUN) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Sunoco LP (SUN) earnings time?

Sunoco LP (SUN) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SUN EPS forecast?

SUN EPS forecast for the fiscal quarter 2025 (Q3) is 1.33.

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