earnings
confidence high
sentiment positive
materiality 0.75
Sunoco LP Q2 2025: Adj. EBITDA $464M, distribution +1.25%, Parkland acquisition on track
Sunoco LP
- Net income $86M (Q2 2024: $501M); Adj. EBITDA (excl. one-time) $464M vs $400M in prior year.
- Q2 distribution $0.9088/unit (+1.25% q/q); annualized $3.6352; payable Aug 19, record Aug 8.
- Parkland acquisition: >93% shareholder approval; on track for Q4 2025 close, subject to regulatory ok.
- Fuel Distribution sold 2.2B gal at 10.5¢/gal margin; Pipeline segment EBITDA $177M; Terminals $71M.
- FY2025 Adj. EBITDA guidance reaffirmed at $1.90B-$1.95B (excl. one-time); net debt/EBITDA 4.2x.
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