Sunoco LP (SUN) Stock Price & Analysis
Sunoco LP (SUN) closed at USD 72.99 on Thursday, October 22, 2026, down 0.61% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 73.44; the Oct 22, 2026 session ranged USD 72.15–74.28 on volume of 217,115 shares. Market capitalization is $13.75B, with a 52-week range of USD 49.98–80.22 (TEX). Source: Nexqual, retrieved October 23, 2026 at 10:08 UTC.
Also available as compact Markdown for AI agents: nexqual.com/SUN.md
Key facts (SUN)
- Last four reported quarters (through Jun 30, 2026): revenue $39.6B, net income $1.16B (2.9% margin), free cash flow $1.66B (SEC filings).
- Valuation: P/E 11.8x, EV/EBITDA 9.3x, net debt $12.5B.
- 1 of 80 tracked superinvestors hold SUN (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 1.57 on a 1–5 scale) (7 analysts), mean target USD 83.43 (range 78–90).
- Total return with dividends: 1Y +43.2% vs S&P 500 +14.9%; 5Y +146.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 2.83, revenue estimate $13.9B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SUN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $17.6B | $25.7B | $23.1B | $22.7B | $25.2B | $39.6B |
| Gross profit | $1.35B | $1.38B | $1.36B | $2.10B | $2.79B | — |
| Operating income | $749M | $678M | $635M | $791M | $935M | $1.89B |
| Net income | $524M | $475M | $394M | $866M | $527M | $1.16B |
| Free cash flow | $386M | $375M | $385M | $205M | $615M | $1.66B |
| Gross margin | 7.7% | 5.4% | 5.9% | 9.2% | 11.1% | — |
| Operating margin | 4.3% | 2.6% | 2.8% | 3.5% | 3.7% | 4.8% |
| Net margin | 3.0% | 1.8% | 1.7% | 3.8% | 2.1% | 2.9% |
| Revenue growth | +64.3% | +46.2% | -10.3% | -1.6% | +11.1% | — |
| Cash + short-term investments | $25.0M | $82.0M | $29.0M | $94.0M | $891M | — |
| Total debt | $2.67B | $3.57B | $3.58B | $7.49B | $13.4B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (SUN)
P/E 11.8x · P/S 0.3x · EV/EBITDA 9.3x · EV/Sales 0.7x · P/FCF 8.3x · FCF yield 12.07% · Earnings yield 8.44% · Net debt $12.5B · EV $26.3B
Superinvestors (SEC 13F-HR, Q2 2026) (SUN)
1 of 80 tracked investors hold SUN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Leon Cooperman | Omega Family Office | 0.43% | $15.3M | Reduced -86.0% |
Analysts (SUN)
Consensus Buy (mean 1.57 on a 1–5 scale), 7 analysts; mean target USD 83.43 (low 78, high 90).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-07 | Citigroup | Target raised | Buy | $73 → $81 |
| 2026-08-05 | Wells Fargo | Target raised | Overweight | $77 → $82 |
| 2026-08-05 | Barclays | Target raised | Overweight | $78 → $80 |
| 2026-07-24 | JP Morgan | Target raised | Overweight | $73 → $84 |
| 2026-07-14 | Barclays | Target raised | Overweight | $75 → $78 |
Total return (dividends reinvested) (SUN)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +43.2% | +146.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +43.4% | +19.7% |
| Volatility (annualized) | 27.2% | 23.0% |
| Max drawdown | -14.0% (May 2026→Jun 2026) | -19.9% (Jan 2022→Jun 2022) |
SUN revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Fuel Distribution | $14.43B | 101.2% | +182.6% |
| Refinery | $993.0M | 7.0% | — |
| Terminals | $571.0M | 4.0% | +66.5% |
| Pipeline Systems | $207.0M | 1.5% | +13.7% |
| Total revenue | $14.26B | 100% | — |
SUN revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Revenues from external customers | $13.74B | 96.4% | +169.6% |
| Sales revenue | $13.67B | 95.9% | +170.9% |
| Fuel | $13.39B | 93.9% | +168.2% |
| Intersegment revenues | $686.0M | 4.8% | +7522.2% |
| Service revenue | $546.0M | 3.8% | +73.9% |
| Non-Fuel | $309.0M | 2.2% | +312.0% |
| Pipeline throughput | $186.0M | 1.3% | +14.1% |
| Other | $157.0M | 1.1% | +57.0% |
| Refinery throughput | $135.0M | 0.9% | — |
| Motor fuel sales and sales include motor fuel taxes | $84.0M | 0.6% | +140.0% |
| Lease revenue | $43.0M | 0.3% | +43.3% |
| Lease Income | $43.0M | 0.3% | +43.3% |
| Terminal throughput | $42.0M | 0.3% | +35.5% |
| Total revenue | $14.26B | 100% | — |
SUN revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $22.50B | 89.3% | -0.7% |
| CANADA | $1.70B | 6.8% | — |
| Foreign | $1.00B | 4.0% | +2179.5% |
| Total revenue | $25.20B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
SUN suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Chevron (CVX) | “Our largest branded fuel suppliers in terms of volume are Chevron, Exxon, Phillips 66 and Valero.” |
| Supplier | ExxonMobil (XOM) | “Our largest branded fuel suppliers in terms of volume are Chevron, Exxon, Phillips 66 and Valero.” |
| Partner | Parkland | “The combination of two independent businesses is complex, costly and time consuming, and we will be required to continue to devote significant management attention and resources to integrating the business practices and operations of Parkland into the Partnership to achieve, among other things, the targeted cost synergies associated with the acquisition.” |
| Partner | Sunoco GP | “Our general partner, Sunoco GP LLC (our "General Partner"), manages and directs our operations and activities.” |
| Partner | United Airlines Holdings, Inc. (UAL) | “The FERC stated it will address the application of the United Airlines decision to non-MLP partnership forms as those issues arise in subsequent proceedings.” |
| Partner | Delaware Revised Uniform | “Under Section 17-607 of the Delaware Revised Uniform Limited Partnership Act (the "Delaware Act"), we may not make a distribution to our unitholders if the distribution would cause our liabilities to exceed the fair value of our assets.” |
| Partner | SunocoCorp Management | “In the event of certain triggering events, including events related to the ownership of the SunocoCorp Management LLC's managing member interest or our General Partner's general partnership interest or SunocoCorp engaging, directly or indirectly, in any business or operations unrelated to its investment in us, we and SunocoCorp have agreed to renegotiate any needed amendments to the agreement in good faith so as t…” |
Quoted from the company's 10-K filed Feb 19, 2026.
Companies that name SUN in their SEC reports
| Relationship to SUN | Company | Filing | Sentence |
|---|---|---|---|
| partner | Energy Transfer LP (ET) | 10-K Feb 19, 2026 | “Unless the context requires otherwise, references to "we," "us," "our," the "Partnership" and "Energy Transfer" mean Energy Transfer LP and its consolidated subsidiaries, which include SunocoCorp, Sunoco LP and USAC.” |
| partner | PBF Energy Inc. (PBF) | 10-K Feb 12, 2026 | “We have an agreement with Sunoco whereby Sunoco purchases gasoline and distillate products representing approximately one-third of the Toledo refinery's gasoline and distillates production.” |
SUN customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 13% of revenue, per the company's 10-K filed Feb 19, 2026. The company does not name it.
SUN company outlook (results filed Aug 4, 2026)
- “More information is available at www.sunocolp.com 2 Forward-Looking Statements This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law.”
Quoted word-for-word from the SEC 8-K results press release.
SUN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.83 | $2.77 | +1.9% | $13.92B | 5 |
| Next quarter (ends Dec 2026) | $2.38 | $2.66 | -10.7% | $13.48B | 5 |
| Current fiscal year (ends Dec 2026) | $9.71 | $10.42 | -6.7% | $51.21B | 5 |
| Next fiscal year (ends Dec 2027) | $10.24 | $9.89 | +3.6% | $53.77B | 5 |
SUN options: expected move
Options price a move of about ±7.5% (±$5.50) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±2.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 33.6% | ±7.5% |
| Dec 18, 2026 | 56 | 30.9% | ±9.7% |
| Mar 19, 2027 | 147 | 30.2% | ±15.1% |
| Jun 17, 2027 | 237 | 29.6% | ±18.6% |
30-day implied volatility 29% vs 36.9% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:08 UTC)
| Price | USD 72.99 |
|---|---|
| Change | ▼ 0.61% (down) |
| Previous Close | USD 73.44 |
| Open | USD 73.76 |
| Day Range | USD 72.15 – 74.28 |
| 52-Week Range | USD 49.98 – 80.22 |
| Volume | 217,115 shares |
| Market Cap | $13.75B |
| Exchange | TEX |
Technical Analysis (SUN)
Nexqual's technical model rates SUN "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:08 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 46.72 (neutral) |
| vs SMA50 | Below (USD 75.2) |
| MACD | -0.52 (negative) |
Analyst Ratings (SUN)
Wall Street analysts rate SUN "Buy" based on 7 analysts, with a mean price target of USD 83.43 (range USD 78–90), per Nexqual as of October 23, 2026 at 10:08 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 83.43 |
| High Target | USD 90 |
| Low Target | USD 78 |
| Buy / Hold / Sell | 7 / 0 / 0 |
Earnings (SUN)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 1.37 |
| Revenue Estimate | $13.92B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.94 vs est 2.79 ▼ miss |
| 2026-03-31 | USD 2.85 vs est 1.72 ▲ beat |
| 2025-12-31 | USD 0.09 vs est 1.51 ▼ miss |
| 2025-09-30 | USD 0.64 vs est 1.35 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:08 UTC.
Financials & Fundamentals (SUN)
| Total Revenue | $39.58B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +164.50% |
| Gross Margin | +11.93% |
| Operating Margin | +4.11% |
| Profit Margin | +2.93% |
| ROE | +18.66% |
| Debt / Equity | 1.78 |
| Current Ratio | 1.29 |
| Total Cash | $773.00M |
| Total Debt | $14.84B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.66B (4.2% of revenue) |
Source: Nexqual, October 23, 2026 at 10:08 UTC.
Financial Health Score (SUN)
Nexqual rates Sunoco LP's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:08 UTC.
| Growth | Solid — Revenue +11% YoY (annual) |
|---|---|
| Profitability | Weak — Gross margin 12%, operating 4% (last 12 months) |
| Balance Sheet | Weak — $773M cash and investments vs $13.3B debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $1.66B (last 4 quarters to Jun 2026, SEC), slim 4.2% margin |
| Efficiency | Solid — ROE 19%, ROA 5.5% |
Ownership (SUN)
| Insider Ownership | +21.31% |
|---|---|
| Institutional Ownership | +48.69% |
| Shares Outstanding | 136.90M |
| Float | 107.69M |
| Short % of Float | +2.65% |
Source: Nexqual, October 23, 2026 at 10:08 UTC.
Leadership (SUN)
Sunoco LP is led by Joseph Kim, President, CEO & Director of Sunoco GP LLC, per Nexqual as of October 23, 2026 at 10:08 UTC.
| President, CEO & Director of Sunoco GP LLC | Joseph Kim |
|---|---|
| Chief Financial Officer of Sunoco GP LLC | Dylan A. Bramhall |
| Executive VP & COO of Sunoco GP LLC | Karl R. Fails |
| Director of Investor Relations of Sunoco GP LLC | Brian Joseph Brungardt Jr., C.F.A. |
| Director of Communications - Sunoco GP LLC | Chris Cho |
Major Backers & Investors (SUN)
Notable institutional backers of Sunoco LP include ALPS ETF TRUST-ALERIAN MLP ETF, Alps Advisors Inc., Invesco, according to Nexqual as of October 23, 2026 at 10:08 UTC.
Active Investors
| Investor | Stake |
|---|---|
| ALPS ETF TRUST-ALERIAN MLP ETF | 18.26% |
| Alps Advisors Inc. | 17.85% |
| Invesco | 6.46% |
| AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. | 6.2% |
| Goldman Sachs | 4.19% |
| Mirae Asset Global ETFs Holdings Ltd. | 2.2% |
| GLOBAL X FUNDS-Global X MLP ETF | 2.13% |
| FMR, LLC | 1.89% |
Source: Nexqual, October 23, 2026 at 10:08 UTC.
From Sunoco LP's Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- While our technology solutions can vary by country and acquisitions must be integrated, we utilize a proprietary web-based system that allows our wholesale customers to access their accounts at any time.
- We are the largest independent fuel distributor in the Americas and are the exclusive wholesale distributor of Sunoco, Aloha, Sol, Pioneer, Fas Gas, Ultramar and EcoMaxx-branded motor fuels, supplying an extensive distribution network of customer and company operated locations.
- Our scale of operation allows us to provide a lower cost of supply.
- The integration of our marine operations allows us to optimize inventory, manage transit times, and reduce overall logistics costs.
Partnerships
- Prior to the Parkland Acquisition, SunocoCorp did not have any significant assets, liabilities or operations; in connection with the Parkland Acquisition, the Partnership deconsolidated SunocoCorp and SunocoCorp became a publicly traded entity classified as a corporation for U.S. federal income tax purposes.
Legal & Regulatory Risks (Item 1A, quoted)
- Future litigation could adversely affect our financial condition and results of operations.
- Our business and our reputation could be adversely affected by the failure to protect sensitive customer, employee or vendor data, whether as a result of cybersecurity attacks or otherwise, or to comply with applicable regulations relating to data security and privacy.
- The swaps regulatory provisions of the Dodd-Frank Act and the rules adopted thereunder could have an adverse effect on our ability to use derivative instruments to mitigate the risks of changes in commodity prices and interest rates and other risks associated with our business.
- The third parties on whom we rely for transportation services to our fuel storage terminals and transmix processing facilities are subject to complex federal, state, and other laws that could adversely affect our financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PBF | PBF Energy Inc. | USD 79.25 | ▼ 2.81% |
| DINO | HF Sinclair Corporation | USD 122.32 | ▼ 2.59% |
| UGP | Ultrapar Participacoes S.A. (Ne | USD 7.8 | ▼ 2.13% |
| CVI | CVR Energy Inc. | USD 58.63 | ▼ 3.46% |
| DK | Delek US Holdings, Inc. | USD 75.79 | ▼ 3.11% |
| IEP | Icahn Enterprises L.P. - Deposi | USD 6.13 | ▼ 0.33% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:08 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt