Sunoco LP reported second-quarter 2026 earnings of 94 cents per unit, missing the Zacks Consensus Estimate of $2.68 by 64.9%, but revenues soared 164.5% to $14.26 billion, surpassing the consensus estimate of $10.15 billion. The partnership raised its 2026 adjusted EBITDA guidance by $400 million to $3.5-$3.7 billion, citing broad-based strength across all four operating segments. Adjusted EBITDA for the quarter totaled $982 million, up 116.3% year over year, and distributable cash flow more than doubled to $608 million. Sunoco also declared a quarterly distribution of $1.0023 per unit, marking its seventh consecutive quarterly increase. The company's shares have risen 4.2% since the earnings report, outperforming the S&P 500.
Sunoco LPRaises 2026 adjusted EBITDA guidance by $400M and beats revenue estimates, with strong segment performance.
