---
schema_version: "secwatch.filing_event.v1"
accession: "0001552275-26-000039"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:21:27.423776+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP Q1 net income $644M, Adjusted EBITDA $867M, distribution raised 6.25%

## Summary
- Net income $644M (vs $207M YoY); Adjusted EBITDA $858M ($867M excl. transaction costs); DCF adj. $535M.
- Quarterly distribution raised 6.25% to $0.9899/unit; payable May 20 to holders of record May 8.
- Fuel Distribution segment Adj. EBITDA $529M (incl. $92M inventory gain); 3.8B gal sold at 17.0c/gal margin.
- Pipeline Systems Adj. EBITDA $179M (1.3M bbl/d); Terminals $107M (1.0M bbl/d); Refinery $43M (22K bbl/d).
- SUN leverage 4.0x; $2.2B liquidity; $199M capex ($106M growth). Completed TanQuid acquisition.

## SEC filing metadata
- accession: 0001552275-26-000039
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000155227526000039/0001552275-26-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000155227526000039/sun-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552275-26-000039
- JSON: https://secwatch.observer/filing/0001552275-26-000039.json
- Plain text: https://secwatch.observer/filing/0001552275-26-000039.txt

## Source-grounded claims
- claim_id: 71b6df32e19453804ede2ecbee609fe1c198c0d3
  claim: Sunoco LP reported the first fiscal quarter ended March 31, 2026 results: net income $644 million.
  evidence_excerpt: --- News Release Sunoco LP and SunocoCorp LLC Report Strong First Quarter 2026 Financial and Operating Results • Reports strong first quarter results, including net income of $644 million, Adjusted EBITDA (1) of $867 million, excluding one-time transaction-related expenses (2) , and Distributable Cash Flow, as adjusted (1) , of $535 million • Increases quarterly
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000155227526000039/0001552275-26-000039-index.htm

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