Sunoco LP

Sunoco LP’s share climbed to an all-time high of $78.23, slightly above the 52-week high of $78.11. According to InvestingPro, the stock is still considered slightly undervalued; it has risen 56.01% year over year, offers a dividend yield of 5.16% and has paid dividends for 15 years. For Q2 Sunoco reported EPS of $0.94 (expected $1.96), but revenue of $14.26 billion (expected $10.13 billion) and adjusted EBITDA of $996 million; the outlook was confirmed and the adjusted EBITDA guidance for 2026 was raised by $400 million. » Mere på de.investing.com

Sunoco has reached a definitive agreement to acquire Offen Petroleum for about $600 million in cash. Offen operates a fuel distribution network with roughly 800 gas stations, about 7,000 customers and delivers approximately 2.5 billion gallons annually across the Midwest, Mountain West and Southwest regions. Sunoco expects the transaction to be immediately accretive, to increase cash flow for dividend growth and reinvestment, and to expand the geographic reach of its distribution. The closing is subject to regulatory approvals and is expected to occur in the fourth quarter of 2026. » Mere på de.investing.com

Sunoco reported adjusted EBITDA of $996m for Q2 2026 on revenue of $14.26bn and adjusted distributable cash flow of $608m. The company raised its full-year adjusted EBITDA outlook by $400m to $3.5–3.7bn and slightly increased the quarterly dividend; the current dividend yield is about 5.28%. The stock fell 3.6% premarket as investors weighed the strong operational performance against refinery margin volatility and expectations that were already priced in. » Mere på de.investing.com