Sunoco LP (NYSE:SUN) released its 2026 guidance, forecasting full-year adjusted EBITDA of $3.1 billion to $3.3 billion. The outlook includes expected synergies from the Parkland acquisition and maintenance at the Burnaby Refinery. The company plans at least $600 million in growth capex and $400-$450 million in maintenance capex.
AirJoule Technologies Corp (AIRJ) outlined its capital allocation strategy, targeting annual acquisitions of $500 million and a return to a leverage target of four times. The company aims for a distribution growth rate of at least 5%, increase distributable cash flow per common unit, and provide equal dividend equivalents to investors.
Sunoco LP (NYSE:SUN) operates in motor fuel distribution and energy infrastructure in the US. The company, founded in 1886 and based in Dallas, Texas, has Pipeline Systems, Fuel Distribution, and Terminals segments. It recently received an upgrade from Raymond James analyst Justin Jenkins, moving from Outperform to Strong Buy.
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Read more at Yahoo Finance: Here’s How Parkland Acquisition Could Affect Sunoco’s (SUN) Earnings
