SunocoCorp (NYSE:SUNC) Issues Earnings Results, Beats Expectations By $0.47 EPS

SunocoCorp (NYSE:SUNC) announced its quarterly earnings results on Tuesday. The company reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.47, Zacks reports. The business had revenue of $10.69 billion during the quarter, compared to analysts’ expectations of $9.56 billion.

Here are the key takeaways from SunocoCorp’s conference call:

• Adjusted EBITDA of $867 million (excluding ~$9 million of transaction expenses) and first-quarter distributable cash flow as adjusted of $535 million signaled a strong start to 2026.
• The partnership raised the quarterly distribution to $0.9899 per common unit (a 6.25% increase including a one-time 5% step-up), with a trailing twelve-month coverage ratio of 1.9x, ~4x leverage, and $2.2 billion revolver availability supporting targeted multi-year 5%+ distribution growth.
• Growth and M&A momentum continued—Sunoco closed the TanQuid purchase (now Germany’s largest independent terminal operator with 16 assets), expects immediate DCF accretion, is on track for $500M+ of bolt-on M&A in 2026, and expects >10% accretion from the Parkland deal with targeted synergies ($125M in-year, $250M+ run-rate).
• Management realized a one-time ~$102 million gain from proactive inventory reductions (about $92M benefit in fuel distribution and $10M in refining); they say the new inventory level is sustainable, but the gain is nonrecurring and should be excluded from ongoing EBITDA comparisons.
• Operationally, all segments performed well—fuel distribution volumes rose to 3.8 billion gallons (up 82% YoY), pipeline and terminals delivered steady throughput, and the Burnaby refinery turnaround finished on time and on budget with strong refining margins into Q2.

SunocoCorp Price Performance

Shares of SUNC traded up $0.47 during trading hours on Thursday, hitting $65.84. The company had a trading volume of 347,885 shares, compared to its average volume of 530,421. The company’s fifty day moving average is $61.61. SunocoCorp has a 52-week low of $47.00 and a 52-week high of $68.19.

SunocoCorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Friday, May 8th will be given a $0.9899 dividend. This represents a $3.96 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, May 8th.

Hedge Funds Weigh In On SunocoCorp

Large investors have recently modified their holdings of the stock. Janus Henderson Group PLC purchased a new position in shares of SunocoCorp in the 4th quarter worth about $887,000. Boothbay Fund Management LLC purchased a new position in shares of SunocoCorp in the 4th quarter worth about $729,000. Susquehanna Advisors Group Inc. purchased a new position in shares of SunocoCorp in the 4th quarter worth about $1,186,000. Westchester Capital Management LLC purchased a new position in shares of SunocoCorp in the 4th quarter worth about $632,000. Finally, Federation des caisses Desjardins du Quebec purchased a new position in shares of SunocoCorp in the 4th quarter worth about $1,070,000.

Analyst Ratings Changes

A number of analysts recently commented on the company. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $80.00 price target on shares of SunocoCorp in a research note on Wednesday. Wall Street Zen raised SunocoCorp to a “hold” rating in a research note on Saturday, February 28th. Finally, Zacks Research lowered SunocoCorp from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, SunocoCorp presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.33.

SunocoCorp Company Profile

Sunoco LP is an energy infrastructure and fuel distribution master limited partnership. Sunoco LP is based in DALLAS.