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Sunoco
(NYSE:SUN)
Sunoco (SUN) vs. SPDR S&P 500 ETF (SPY)
Sunoco Business Overview & Revenue Model
Sunoco Earnings Call Summary
Sunoco Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.59B | 22.69B | 23.07B | 25.73B | 17.60B | 10.71B |
| Gross Profit | 1.71B | 1.73B | 1.18B | 1.19B | 1.17B | 867.00M |
| EBITDA | 712.00M | 1.03B | 825.00M | 877.00M | 894.00M | 602.00M |
| Net Income | 279.00M | 716.00M | 311.00M | 397.00M | 446.00M | 135.00M |
Balance Sheet | ||||||
| Total Assets | 14.43B | 14.38B | 6.83B | 6.83B | 5.82B | 5.27B |
| Cash, Cash Equivalents and Short-Term Investments | 116.00M | 94.00M | 29.00M | 82.00M | 25.00M | 97.00M |
| Total Debt | 8.34B | 8.00B | 4.11B | 4.12B | 3.79B | 3.67B |
| Total Liabilities | 10.33B | 10.31B | 5.85B | 5.89B | 5.00B | 4.63B |
| Stockholders Equity | 4.10B | 4.07B | 978.00M | 942.00M | 811.00M | 632.00M |
Cash Flow | ||||||
| Free Cash Flow | 234.00M | 205.00M | 385.00M | 375.00M | 369.00M | 378.00M |
| Operating Cash Flow | 728.00M | 549.00M | 600.00M | 561.00M | 543.00M | 502.00M |
| Investing Cash Flow | -596.00M | 477.00M | -288.00M | -464.00M | -387.00M | -120.00M |
| Financing Cash Flow | -242.00M | -961.00M | -365.00M | -40.00M | -228.00M | -306.00M |
Sunoco Technical Analysis
Sunoco Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $4.33B | 8.39 | 18.65% | 3.40% | -6.18% | -9.87% | |
69 Neutral | $8.02B | 25.74 | 6.62% | 6.90% | -8.65% | -73.25% | |
68 Neutral | $9.83B | 25.72 | 4.07% | 3.79% | -9.55% | 27.65% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | $3.67B | 22.23 | 21.78% | 7.56% | -7.21% | 135.72% | |
55 Neutral | $4.09B | ― | -9.47% | 3.18% | -15.35% | -81.94% | |
50 Neutral | $2.32B | ― | -200.75% | 2.67% | -29.94% | -723.41% |
Sunoco Corporate Events
On November 5, 2025, Sunoco LP announced its financial and operating results for the third quarter of 2025, reporting a net income of $137 million, a significant increase from $2 million in the same quarter of 2024. The company also reported an Adjusted EBITDA of $496 million and a Distributable Cash Flow of $326 million. Sunoco completed the acquisition of Parkland Corporation and is on track to finalize the acquisition of TanQuid by the end of the year. The company increased its quarterly distribution by 1.25% and maintains a strong leverage ratio of 3.9 times, with a distribution coverage ratio of 1.8 times. These developments underscore Sunoco’s strategic growth and commitment to returning capital to its unitholders.
The most recent analyst rating on (SUN) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.
On October 31, 2025, Sunoco completed the acquisition of Parkland Corporation, with Parkland shares expected to be delisted from the Toronto Stock Exchange by November 4, 2025. The acquisition led to the issuance of SunocoCorp Common Units, which will start trading on the New York Stock Exchange on November 6, 2025. Additionally, Sunoco entered into an Omnibus Agreement with SunocoCorp to indemnify certain liabilities and provide administrative services, ensuring economic alignment between the two entities. The agreement includes provisions for cash distribution alignment and potential renegotiation in case of triggering events, impacting the company’s operations and positioning in the market.
The most recent analyst rating on (SUN) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.
On October 27, 2025, Sunoco LP announced its anticipated acquisition of Parkland Corporation, expected to close on October 31, 2025, pending customary closing conditions. Following the acquisition, SunocoCorp LLC’s common units will begin trading on the New York Stock Exchange under the ticker symbol ‘SUNC’ on November 3, 2025. This strategic move is set to enhance Sunoco’s market position by integrating Parkland’s operations, although it carries potential risks such as integration challenges and business disruptions.
The most recent analyst rating on (SUN) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.
On October 21, 2025, Sunoco LP announced the results of early participation in its private exchange offers and consent solicitations for outstanding notes issued by Parkland Corporation. As of October 20, 2025, approximately 84.5% of the Canadian dollar denominated notes and 98.6% of the U.S. dollar denominated notes had been validly tendered and not withdrawn. The deadline for holders to tender their PKI Notes and receive new notes, including an early participation premium, has been extended to November 4, 2025. This move is part of Sunoco’s strategic financial operations and could impact its market positioning by potentially improving its debt structure and stakeholder relations.
The most recent analyst rating on (SUN) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.
On October 20, 2025, Sunoco LP announced a 1.25% increase in its quarterly cash distribution to $0.9202 per common unit for the quarter ended September 30, 2025, marking the fourth consecutive quarterly increase. This decision aligns with Sunoco’s capital allocation strategy and its 2025 business outlook, which targets an annual distribution growth rate of at least 5%. The distribution will be paid on November 19, 2025, to unitholders of record as of October 30, 2025, reflecting the company’s ongoing commitment to returning capital to its unitholders.
The most recent analyst rating on (SUN) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.
On October 14, 2025, Sunoco LP and Parkland Corporation announced that the Government of Canada approved Sunoco’s acquisition of Parkland, in line with the Investment Canada Act. The acquisition, initially disclosed in May 2025, is expected to close in the fourth quarter of 2025, pending remaining regulatory approvals and customary closing conditions. This strategic move positions Sunoco to expand its market presence and leverage synergies with Parkland’s established network and capabilities, potentially enhancing value creation for stakeholders.
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.
On October 3, 2025, Sunoco entered into Amendment No. 4 to its Third Amended and Restated Credit Agreement, allowing for new notes issuance and excluding certain subsidiaries from guarantee obligations. On October 6, 2025, Sunoco commenced private exchange offers for Parkland’s outstanding notes, aiming to exchange them for new notes issued by Sunoco and cash. The exchange offers include consent solicitations to amend the indentures governing the notes, potentially impacting Sunoco’s financial strategy and stakeholder interests.
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.
On September 22, 2025, Sunoco LP and Parkland Corporation announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, a key regulatory step in Sunoco’s acquisition of Parkland. This development is crucial for the completion of the acquisition, expected in the fourth quarter of 2025, pending further regulatory approvals and customary closing conditions. The acquisition is anticipated to impact Sunoco and Parkland’s business operations and industry positioning, with potential risks and uncertainties outlined in their respective filings.
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.
On September 18, 2025, Sunoco completed a private offering of senior notes totaling $1.9 billion to fund the Parkland Acquisition and reduce borrowings under its revolving credit facility. The notes, due in 2031 and 2034, are senior unsecured obligations and are subject to special mandatory redemption if the acquisition is not completed by May 5, 2026. Additionally, Sunoco closed a private offering of Series A Preferred Units, raising $1.476 billion to further support the acquisition and general corporate purposes. These financial maneuvers are aimed at strengthening Sunoco’s market position and operational capabilities.
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.
On September 4, 2025, Sunoco LP entered into a purchase agreement with RBC Capital Markets, LLC and Barclays Capital Inc. for the sale of 1,500,000 Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units, expected to generate $1.5 billion in gross proceeds. The offering is set to settle on September 18, 2025, and the units, which are not convertible or exchangeable, will not grant voting rights to holders except under specific conditions.
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.
On September 4, 2025, Sunoco LP announced the pricing of its private offering of senior notes, totaling $1.9 billion, with the proceeds intended to fund the acquisition of Parkland Corporation and related costs. The offering is not contingent on the completion of the Parkland Acquisition, and if the acquisition is not completed by May 5, 2026, the notes will be subject to a special mandatory redemption.
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.
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.
On August 8, 2025, Sunoco LP amended its credit agreement to allow for up to $2 billion in cash to be reserved for the Parkland Acquisition, impacting the calculation of the Net Leverage Ratio for financial covenants. This strategic financial move is expected to enhance Sunoco’s operational flexibility and strengthen its market position, potentially benefiting stakeholders by supporting the company’s growth objectives.
The most recent analyst rating on (SUN) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.
Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership, operating across the U.S., Puerto Rico, Europe, and Mexico, with an extensive network of pipelines and terminals complementing its fuel distribution operations.
Sunoco LP’s recent earnings call painted a picture of robust financial health and a promising growth trajectory, albeit with some challenges on the horizon. The company reported record-breaking metrics, underscoring a strong financial performance and a positive growth outlook. However, the call also highlighted challenges such as decreased fuel margins and the need for regulatory approvals for future acquisitions.
On August 6, 2025, Sunoco LP announced its second quarter 2025 financial results, reporting a net income of $86 million and an Adjusted EBITDA of $464 million. The company increased its quarterly distribution by 1.25% and reaffirmed its full-year 2025 Adjusted EBITDA guidance. Despite a decrease in net income compared to the previous year, Sunoco’s segments showed varied performance, with the Fuel Distribution segment experiencing a drop in Adjusted EBITDA, while the Pipeline Systems and Terminals segments saw significant increases. The announcement also highlighted the approval of the merger with Parkland, expected to close in the fourth quarter of 2025, and emphasized Sunoco’s ongoing commitment to returning capital to unitholders through distribution growth.
The most recent analyst rating on (SUN) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.