---
schema_version: "secwatch.filing_event.v1"
accession: "0001552275-23-000036"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T13:20:34.043365+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP Q2 net income $87M, down 28% YoY; adjusted EBITDA up to $250M

## Summary
- 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.

## SEC filing metadata
- accession: 0001552275-23-000036
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000155227523000036/0001552275-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000155227523000036/sun-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552275-23-000036
- JSON: https://secwatch.observer/filing/0001552275-23-000036.json
- Plain text: https://secwatch.observer/filing/0001552275-23-000036.txt

## Key facts
- Earnings Releases
  Sunoco LP reported the second fiscal quarter ended June 30, 2023 results: net income $87 million.
  - Period: the second fiscal quarter ended June 30, 2023
  - Net income: $87 million
  - Result: reported results
  source text: For the quarter ended June 30, 2023, net income was $87 million versus $121 million in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000155227523000036/0001552275-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.