Sunoco LP Q2 net income $283M, raises FY2026 Adjusted EBITDA guidance to $3.5-3.7B

Sunoco LP

Net income $283M vs $86M YoY; Adjusted EBITDA $982M vs $454M; Distributable Cash Flow $608M vs $300M.
Fuel Distribution segment EBITDA $504M (4.1B gallons, 17.1 cpg margin); Pipeline $190M; Terminals $113M; Refinery $175M.
Distribution raised to $1.0023/unit (1.25% sequential, >10% YoY); payable Aug 19, record Aug 7.
FY2026 Adjusted EBITDA guidance increased by $400M to $3.5-3.7B; leverage ratio 3.7x; liquidity $2.3B.

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