Sunoco Q3 revenue beats estimates in higher volumes

Sunoco LP (Texas)

05/11/2025 12:06

Overview

Sunoco Q3 revenue beats analyst expectations, driven by increased sales volumes

Net income for Q3 misses analyst estimates

Adjusted EBITDA for Q3 beats analyst expectations

Outlook

Sunoco on track to complete TanQuid acquisition in Q4 2025

Company aims for at least 5% distribution growth in 2025

Result Drivers

FUEL DISTRIBUTION - Lower profit per gallon and acquisition-related expenses led to decreased adjusted EBITDA

PIPELINE SYSTEMS - Increased throughput volumes and reduced operating costs boosted adjusted EBITDA

TERMINALS - Favorable margins and recent acquisition drove adjusted EBITDA growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$6.03 bln
$5.69 bln (2 Analysts)
Q3 EPS
$0.64
Q3 Net Income
Miss
$137 mln
$154.48 mln (4 Analysts)
Q3 Adjusted EBITDA
Beat
$496 mln
$493.18 mln (7 Analysts)
Q3 Capex
$157 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "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 19.4% above its November 4 closing price of $52.39

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn3H3vsGa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)