| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 91 | 12.0x | 17.8x | Top tier | |
Growth | 95 | 83.3% | 7.1% | Top tier | |
Quality | 63 | 9.6% | 4.5% | Around median | |
Safety | 41 | 5.0x | 2.6x | Around median | |
Capital Return | 7 | — | 2.12% | Bottom tier | |
Momentum | 96 | 40.8% | 2.9% | Top tier | |
Sentiment | 68 | 4 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Sunoco LP operates across four interconnected businesses: fuel distribution, pipeline systems, terminals, and refining. The company generates income from fuel distribution margins, pipeline and terminal transportation and storage fees and volumes, and refining margins at the Burnaby refinery; the NuStar, Parkland, and TanQuid acquisitions have expanded its operational footprint across the United States, Canada, the Caribbean, and Europe.
In fiscal Q2 2026, revenue was $14.3 billion, gross profit was $1.5 billion, and net income was $283 million, equivalent to a gross margin of approximately 10.5% and a net margin of approximately 2.0%. Adjusted earnings before interest, taxes, depreciation, and amortization were $996 million after excluding approximately $14 million in one-time transaction expenses, while adjusted distributable cash flow was $608 million.
Adjusted earnings before interest, taxes, depreciation, and amortization in fiscal Q2 2026 were distributed across $516 million for fuel distribution, $190 million for pipeline systems, $115 million for terminals, and $175 million for refining. Fuel distribution volumes increased to 4.1 billion gallons, pipeline throughput reached 1.3 million barrels per day, and terminal throughput was 1.1 million barrels per day, while the refining business processed 57 thousand barrels per day at a margin exceeding $40 per barrel and operating expenses below $10 per barrel.
The analyst consensus on SUN is neutral, with an average price target of $79.6 and a target range of $77 to $83. The average target and the highest target exceed the 52-week range high of $78.11 by a limited margin, suggesting that the rerating case depends on demonstrating the sustainability of the $3.5–$3.7 billion adjusted earnings guidance and successfully integrating acquisitions, while refining margin volatility and lower quarterly profitability remain offsetting factors.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Sunoco generated revenue of $14.3 billion and net income of $283 million in fiscal Q2 2026. Adjusted earnings before interest, taxes, depreciation, and amortization were $996 million after excluding approximately $14 million in one-time transaction expenses. Fuel distribution contributed $516 million and refining contributed $175 million, while pipelines and terminals added $190 million and $115 million, respectively.
On August 4, 2026, Sunoco raised its adjusted earnings before interest, taxes, depreciation, and amortization guidance range by $400 million to $3.5–$3.7 billion. Management said that all four segments are performing at strong levels and that fuel distribution is expected to deliver second-half performance similar to the first half. The width of the range primarily reflects uncertainty related to refining margins, for which the company initially based its assumptions on the forward curve.
Management said that contributions from the Parkland acquisition and integration synergies are ahead of schedule, while TanQuid also supported a 52% year-over-year increase in terminal throughput in fiscal Q2 2026. On August 11, 2026, Sunoco announced a plan to acquire Offen for $600 million to expand its fuel distribution network. Management expects to exceed its $500 million annual target for additional acquisitions during fiscal 2026, directing capital toward fuel distribution and midstream infrastructure across several geographic regions.
Automated analysis for informational purposes only — not investment advice.
Adjusted distributable cash flow was $608 million in fiscal Q2 2026, and the trailing twelve-month coverage ratio reached 2.1 times. On July 27, 2026, the company announced a distribution of slightly more than $1 per common unit and per share of SunocoCorp. This represented a quarterly increase of 1.25% and an increase exceeding 10% compared with fiscal Q2 2025, while reaffirming a multi-year growth target of at least 5%.
Refining remains the most volatile source, as its adjusted earnings increased from $43 million in fiscal Q1 2026 to $175 million in Q2 due to a margin exceeding $40 per barrel. Gasoline demand in Canada also declined by a low- to mid-single-digit percentage, and higher fuel prices could pressure distribution margins or consumer behavior. The plan to acquire Offen for $600 million, following the NuStar, Parkland, and TanQuid transactions, adds execution and integration risks despite leverage declining to 3.7 times.
The analyst consensus on SUN is neutral, not buy, and the average price target is $79.6. Targets range from $77 to $83, a relatively narrow range that reflects closely aligned estimates. The average target is slightly above the 52-week range high of $78.11, so the justification for a higher valuation depends more on sustainable earnings and successful acquisitions than on a significant expansion in the target range.
