earnings
confidence high
sentiment neutral
materiality 0.75
Sunoco LP Q2 net income $87M, down 28% YoY; adjusted EBITDA up to $250M
Sunoco LP
- Net income $87M vs $121M YoY; Adjusted EBITDA $250M vs $214M.
- Distributable cash flow $175M vs $159M; fuel volume 2.1B gallons, up 5%.
- Fuel margin 12.7 cpg vs 12.3 cpg; quarterly distribution $0.8420/unit.
- Leverage ratio 3.6x; liquidity $503M under $1.5B revolver.
- Q2 capex $50M; full-year growth capex reaffirmed at ≥$150M, maintenance ~$65M.