Sunoco LP's earnings call indicated a strong start to 2025 with positive financial performance, strategic acquisitions, and distribution growth. While there were challenges in the Pipeline Systems segment, the overall outlook remains positive with continued growth and expansion plans.

Company Guidance -

Q3 2025

During Sunoco LP's First Quarter 2025 Earnings Conference Call, the company provided guidance indicating a strong start to the year, with expectations to meet their full-year financial targets. Sunoco reported an adjusted EBITDA of $458 million and distributable cash flow as adjusted of $310 million for the first quarter. The company invested $75 million in growth capital and $26 million in maintenance capital. A recent $1 billion senior notes offering at 6.25% due in 2033 helped extend their debt maturity profile. The acquisition of TanQuid for approximately €500 million is expected to be accretive in the first year. Sunoco's leverage ratio stood at 4.1x, aligning with their long-term target. The quarterly distribution was increased to $0.8976 per common unit, marking a year-over-year increase of over 9%. The company's strategy focuses on maintaining a strong balance sheet, optimizing fuel profit, and leveraging market conditions to sustain growth and increase shareholder value.

Strong Financial Performance and Stability

Sunoco LP reported a solid first quarter with adjusted EBITDA of $458 million and distributable cash flow of $310 million. The balance sheet is strong with leverage at 4.1x, in line with long-term targets, and the revolving credit facility had no borrowings outstanding.

Distribution Increase and Coverage

Sunoco declared a distribution of $0.8976 per common unit, marking an increase of over 1.25% from the previous quarter, with a trailing 12-month coverage ratio of 1.9x. This is the second consecutive quarterly increase and aligns with the capital allocation strategy.

Strategic Acquisitions and Expansion

The acquisition of Parkland Corporation for approximately $9.1 billion and TanQuid, Germany's largest independent storage operator, for €500 million are expected to expand geographic reach and enhance growth. These acquisitions are anticipated to be accretive to unitholders in the first year.

Fuel Distribution and Terminal Growth

Adjusted EBITDA for Fuel Distribution was $220 million, an increase from $192 million in the previous quarter. Terminal segment adjusted EBITDA also increased to $66 million, up from $59 million in the previous quarter and $24 million in the first quarter of last year.

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

Daily Earnings Calendar >

SUN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.36 / -	-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
May 06, 2025	$53.70	$52.89	-1.51%
Feb 11, 2025	$55.76	$56.42	+1.18%
Nov 06, 2024	$50.76	$51.81	+2.07%
Aug 07, 2024	$50.24	$50.36	+0.24%

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 1.36.

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