Earnings Releases·Nov 3, 2026, 8:24 AM ET

Sunoco LP — Third Quarter 2026 Earnings Summary

Net income surged to $499 million from $137 million year-over-year, while Adjusted EBITDA reached $1.049 billion (excluding $11 million in transaction expenses) compared to $489 million in the prior year period.
Total revenues grew to $18.029 billion from $6.032 billion, driven by the Parkland Acquisition and other strategic purchases that expanded Fuel Distribution and Terminals segments, with Distributable Cash Flow rising 25% to $588 million.
The company expects to exceed its full-year 2026 Adjusted EBITDA guidance range of $3.5 billion to $3.7 billion and maintains a leverage ratio of approximately 3.5 times.
Management announced a third-quarter distribution of $1.0148 per unit (a 1.25% sequential increase) and outlined a multi-year distribution growth strategy of at least 5%, alongside the recent completion of the Offen Petroleum acquisition.