From Yahoo Finance: 2025-05-06 16:38:00

Sunoco LP (NYSE:SUN) reported first-quarter revenues of $5.18 billion, missing the consensus of $5.58 billion. EPS of $1.21 also missed the consensus of $1.52. Adjusted distributable cash flow was $310 million, up from $176 million last year, and adjusted EBITDA increased to $458 million from $242 million. The Fuel Distribution segment sold around 2.1 billion gallons of fuel with a fuel margin of 11.5 cents per gallon. Adjusted EBITDA for the Fuel Distribution segment declined to $220 million. Total capital expenditures were $101 million. On April 23, Sunoco declared a distribution of $0.8976 per unit, payable on May 20. The company had long-term debt of about $7.7 billion and no borrowings on its $1.5 billion revolving credit facility. Sunoco agreed to acquire Parkland Corporation in a deal valued at approximately $9.1 billion, including debt. SUN shares closed lower by 1.52% at $53.74 on Tuesday. Investors can gain exposure to the stock via the InfraCap MLP ETF (NYSE:AMZA) and the Alerian MLP ETF (NYSE:AMLP).



Read more at Yahoo Finance: Why Did Sunoco Stock Fall After Q1 Earnings?