Overview

• Energy infrastructure firm Sunoco's Q4 net income missed analyst expectations

• Adjusted EBITDA for Q4 beat analyst expectations

• Company completed acquisition of Parkland Corporation, impacting Q4 results

Outlook

• Sunoco targets annual distribution growth rate of at least 5% for 2026

Result Drivers

• PARKLAND ACQUISITION - The acquisition of Parkland Corporation boosted fuel distribution volumes and profits, contributing to higher Adjusted EBITDA in the segment

• TERMINALS GROWTH - Terminals segment benefited from Parkland acquisition, favorable margins, and new customer activity

• REFINERY PERFORMANCE - Refinery segment's increased volumes and profits were driven by the Parkland acquisition

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 9.2% above its February 13 closing price of $59.51

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

Press Release: ID:nBw3PfpkQa

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(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.)