Sunoco LP Q3 2024: Net income sinks to $2M; Adj EBITDA surges to $456M on NuStar acquisition

Sunoco LP

Net income $2M vs $272M YoY ($0.01 EPS); includes large non-cash charges from NuStar integration.
Adjusted EBITDA $456M (+77% YoY) includes $14M one-time transaction costs; DCF $349M.
Fuel Distribution: 2.1B gallons sold (+1%), margin 12.8 cpg vs 12.5 cpg, Adj EBITDA $253M.
Pipeline Systems Adj EBITDA $136M, Terminals $67M (includes $11M and $3M one-time costs).
Distribution $0.8756/unit; leverage 4.0x; capEx $93M ($67M growth); liquidity $1.4B.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.