Sunoco Q2 net income and EBITDA miss estimates

Sunoco LP (Texas)

06/08/2025 12:40

Overview

Sunoco Q2 net income declines yr/yr, missing analyst expectations, per LSEG data

Adjusted EBITDA for Q2 misses consensus, despite increase from last year, per LSEG data

Co increases quarterly distribution by 1.25%, aligning with capital allocation strategy

Outlook

Sunoco reaffirms 2025 Adjusted EBITDA guidance of $1.90 bln to $1.95 bln

Company on track for 5% distribution growth target for 2025

Result Drivers

FUEL DISTRIBUTION - Segment Adjusted EBITDA decreased due to lower profit per gallon and increased expenses related to Parkland acquisition

PIPELINE SYSTEMS - Adjusted EBITDA increased significantly due to the acquisition of NuStar and reduced operating costs

TERMINALS - Segment benefited from increased volumes and lower operating costs following the acquisition of NuStar

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
Miss
$86 mln
$176.10 mln (5 Analysts)
Q2 Adjusted EBITDA
Miss
$464 mln
$464.90 mln (7 Analysts)
Q2 Capex
$160 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"

Wall Street's median 12-month price target for Sunoco LP is $65.00, about 17.7% above its August 5 closing price of $53.50

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn6SVxDba

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)