Sunoco (NYSE:SUN) Announces Quarterly Earnings Results, Misses Estimates By $1.56 EPS

Sunoco (NYSE:SUN) released its quarterly earnings data on Tuesday. The oil and gas company reported $0.94 earnings per share for the quarter, missing analysts’ consensus estimates of $2.50 by ($1.56), FiscalAI reports. Sunoco had a net margin of 2.88% and a return on equity of 19.62%. The business had revenue of $14.26 billion during the quarter, compared to analysts’ expectations of $11.05 billion. During the same quarter in the prior year, the firm posted $0.33 earnings per share. The firm’s quarterly revenue was up 164.5% on a year-over-year basis.

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

• Sunoco raised its 2026 Adjusted EBITDA guidance to $3.5 billion–$3.7 billion, $400 million above its original range, supported by strong first-half execution and contributions from recent acquisitions.
• Second-quarter Adjusted EBITDA reached $996 million, while Distributable Cash Flow was $608 million; the partnership raised its quarterly distribution by 1.25% sequentially and more than 10% year over year, with 2.1x trailing coverage.
• All four segments performed well, including a strong rebound in refining EBITDA to $175 million and continued growth in fuel distribution, pipeline, and terminal volumes. Management expects fuel distribution and midstream performance to remain strong in the second half.
• Management said its $500 million annual bolt-on acquisition target is a “modest bar” and expects to exceed it in 2026, while also pursuing quick-payback organic projects across its expanded North American, Caribbean, South American, and European footprint.
• Refining results remain sensitive to volatile crack spreads, which are the main reason for the EBITDA guidance range; management also expects second-half cash tax expense to be below first-half levels but acknowledged taxes have increased with stronger earnings.

Sunoco Price Performance

Shares of NYSE:SUN traded down $0.05 on Thursday, hitting $73.31. The company’s stock had a trading volume of 80,094 shares, compared to its average volume of 484,068. The company has a market capitalization of $15.02 billion, a PE ratio of 16.21 and a beta of 0.41. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.40 and a quick ratio of 0.92. The company has a 50-day simple moving average of $69.05 and a 200 day simple moving average of $65.74. Sunoco has a 1 year low of $47.98 and a 1 year high of $78.11.

Sunoco Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th will be paid a $1.0023 dividend. The ex-dividend date is Friday, August 7th. This represents a $4.01 dividend on an annualized basis and a yield of 5.5%. This is an increase from Sunoco’s previous quarterly dividend of $0.99. Sunoco’s dividend payout ratio is currently 101.28%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on SUN shares. Citigroup raised their price target on Sunoco from $65.00 to $73.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Wall Street Zen upgraded Sunoco from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. JPMorgan Chase & Co. increased their price objective on Sunoco from $73.00 to $84.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Wells Fargo & Company raised their target price on Sunoco from $77.00 to $82.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $80.00 target price on shares of Sunoco in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $78.00.

Institutional Investors Weigh In On Sunoco

Hedge funds have recently bought and sold shares of the stock. Ancora Advisors LLC purchased a new stake in Sunoco during the third quarter valued at about $40,000. Russell Investments Group Ltd. increased its position in shares of Sunoco by 110.3% during the 4th quarter. Russell Investments Group Ltd. now owns 1,569 shares of the oil and gas company’s stock valued at $82,000 after purchasing an additional 823 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Sunoco during the 4th quarter valued at about $95,000. State of Wyoming bought a new stake in Sunoco in the 2nd quarter worth approximately $111,000. Finally, Advisory Services Network LLC bought a new stake in Sunoco in the 3rd quarter worth approximately $134,000. 24.29% of the stock is currently owned by institutional investors.

Sunoco Company Profile

Sunoco LP (NYSE: SUN) is an independent master limited partnership that specializes in the distribution and marketing of transportation fuels and related products. The company operates through two primary segments: wholesale fuel distribution and retail marketing. In wholesale distribution, Sunoco supplies branded fuels to distributors, commercial customers and resellers across the United States. Its retail marketing arm operates a network of company‐owned and franchised Sunoco branded service stations and convenience stores, providing gasoline, diesel, ethanol blends and lubricants to consumers.

Sunoco’s product portfolio extends beyond traditional fuels to include biofuels, specialty chemicals and on‐road diesel treated to meet ultra‐low sulfur requirements.