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Sunococorp comments on quarterly results – analysts had expected $2.46 EPS and $9.56 billion in revenue
Sunococorp commented on the business results for the quarter ended March 31, 2026. Analysts had on average expected earnings per share of $2.46 and revenue of $9.56 billion. The release does not include detailed actual result figures. » Altro su finanzen.net
Sunoco reaches all-time high of $67.82
Sunoco's stock rose to a new all-time high of $67.82 and is up about 29.7% year to date. The company has paid dividends for 15 years and currently yields 5.92%. For the fourth quarter Sunoco reported EPS of $0.09 (expected $1.52) on revenue of $8.6 billion, which beat revenue expectations significantly but missed on profit by a wide margin. Analysts partially raised price targets after the results and the completed Parkland integration, while a valuation expert notes the stock may be overvalued at its current level. » Altro su de.investing.com
Sunoco places $1.2bn senior notes to refinance
Sunoco is issuing privately placed senior notes totaling $1.2 billion in two tranches of $600 million each with coupons of 5.375% (maturing 2031) and 5.625% (maturing 2034). The securities were issued at 100% of par; settlement is scheduled for March 9, 2026. Net proceeds are intended to be used to fully repay outstanding 6.000%-notes of NuStar Logistics (2026) and its own 6.000%-notes (2027), and for general corporate purposes and possible repayment of revolver borrowings; the offering was made under Rule 144A and Regulation S without registration under the Securities Act. » Altro su de.investing.com
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