olivLaw · US equity research
Sunoco LP SUN
Petroleum Refining · SIC 2911 · Vertical: Petroleum Refining (SIC 2911)
Sunoco LP is a master limited partnership combining motor fuel distribution with midstream infrastructure, operating an extensive pipeline and terminal network across North America, the Caribbean and Europe. Its relevance now stems from the Parkland acquisition and rapid earnings growth, with consolidated Adjusted EBITDA of $2,047 million in fiscal 2025 and full-year 2026 guidance raised to $3.5-3.7 billion.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Sunoco LP (SUN) stock was 64.67 USD (−6.28% on the day), with beta 0.25, 52-week range 50.16–79.97 USD. Latest reported quarter (Q2 2026): revenue of 14.3 bn USD (+164.5% YoY), net income of 283.0 m USD (+229.1% YoY).
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 28.3
- oversold (≤ 30)
- Bollinger (20, 2)
- 67.38 – 76.92
- below the lower band · %B -0.28 · band width 13.2%
- SMA 50 / 200
- 74.28 / 68.48
- mixed trend
- MACD (12, 26, 9)
- -1.66 / -0.98
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −7.5% | −1.1% | −6.4 pp | — |
| 3 months | −11.8% | −0.5% | −11.4 pp | — |
| 6 months | −3.3% | +4.4% | −7.7 pp | — |
| Year to date | +23.4% | +12.3% | +11.1 pp | — |
| 1 year | +23.4% | +13.5% | +9.9 pp | +54.4% |
| 3 years | +20.5% | +76.4% | −55.9 pp | +83.1% |
| 5 years | +62.9% | +63.7% | −0.8 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.8 bn | 5.3 bn | 5.2 bn | 5.4 bn | 6.0 bn | 8.6 bn | 10.7 bn | 14.3 bn |
| Cost of revenue | 5.3 bn | 4.6 bn | 4.5 bn | 4.8 bn | 5.4 bn | 7.7 bn | 9.0 bn | 12.8 bn |
| Operating income | 107.0 m | 237.0 m | 296.0 m | 203.0 m | 252.0 m | 184.0 m | 866.0 m | 583.0 m |
| Depreciation & amortisation | 95.0 m | 152.0 m | 156.0 m | 154.0 m | 159.0 m | 219.0 m | 286.0 m | 282.0 m |
| Interest expense | 116.0 m | 117.0 m | 121.0 m | 123.0 m | 131.0 m | 166.0 m | 201.0 m | 204.0 m |
| Income tax | 15.0 m | 4.0 m | -2.0 m | 7.0 m | 11.0 m | 46.0 m | 35.0 m | 79.0 m |
| Net income | 2.0 m | 141.0 m | 207.0 m | 86.0 m | 133.0 m | 101.0 m | 644.0 m | 283.0 m |
| Operating cash flow | 210.0 m ≈ | 123.0 m | 156.0 m | 243.0 m ≈ | 401.0 m ≈ | 392.0 m | 454.0 m | 1.1 bn ≈ |
| Capex | 101.0 m ≈ | — | 101.0 m | 160.0 m ≈ | 157.0 m ≈ | — | 199.0 m | 173.0 m ≈ |
| Dividends paid | — | — | 0 | 0 ≈ | — | — | 48.0 m | 51.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
EPS unavailable in the issuer's structured filings (e.g. a partnership reports per unit, not per share).
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17.0 bn | 16.6 bn | 10.7 bn | 17.6 bn | 25.7 bn | 23.1 bn | 22.7 bn | 25.2 bn |
| Revenue YoY | +45.0% | −2.3% | −35.5% | +64.3% | +46.2% | −10.3% | −1.6% | +11.1% |
| Net income | -207.0 m | 313.0 m | 212.0 m | 524.0 m | 475.0 m | 394.0 m | 866.0 m | 527.0 m |
| Net income YoY | −238.9% | unavailable | −32.3% | +147.2% | −9.4% | −17.1% | +119.8% | −39.1% |
| Diluted EPS | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | -1.2% | 1.9% | 2.0% | 3.0% | 1.8% | 1.7% | 3.8% | 2.1% |
| Free cash flow | unavailable | 287.0 m | 378.0 m | 386.0 m | 375.0 m | unavailable | unavailable | unavailable |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 891.0 m USD
- Financial debt
- 13.4 bn USD
- Net debt
- 12.5 bn USD
- Equity
- unavailable USD
- Total assets
- 28.4 bn USD
- Debt / equity
- unavailable
- Current ratio
- 1.38x
- ROE
- unavailable
- ROA
- 2.5%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 10.7 bn | 17.6 bn | 25.7 bn | 23.1 bn | 22.7 bn | 25.2 bn | SEC (XBRL)· 19 Feb 2026verified |
| Cost of revenue | 9.7 bn | 16.2 bn | 24.4 bn | 21.7 bn | 20.6 bn | 22.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Gross profit | 1.1 bn | 1.4 bn | 1.4 bn ≈ | 1.4 bn ≈ | 2.1 bn ≈ | 2.8 bn ≈ | SEC (XBRL)· 19 Feb 2026derived |
| Operating income | 417.0 m | 749.0 m | 678.0 m | 635.0 m | 791.0 m | 935.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Depreciation & amortisation | 189.0 m | 177.0 m | 193.0 m | 187.0 m | 368.0 m | 688.0 m | SEC (XBRL)· 19 Feb 2026verified |
| EBITDA | 606.0 m ≈ | 926.0 m ≈ | 871.0 m ≈ | 822.0 m ≈ | 1.2 bn ≈ | 1.6 bn ≈ | SEC (XBRL)· 19 Feb 2026derived |
| Interest expense | 175.0 m | 163.0 m | 182.0 m | 217.0 m | 391.0 m | 541.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Pre-tax income | 236.0 m | — | — | — | — | — | SEC (XBRL)· 19 Feb 2021verified |
| Income tax | 24.0 m | 30.0 m | 26.0 m | 36.0 m | 175.0 m | 62.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Net income | 212.0 m | 524.0 m | 475.0 m | 394.0 m | 866.0 m | 527.0 m | SEC (XBRL)· 19 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 97.0 m | 25.0 m | 82.0 m | 29.0 m | 94.0 m | 891.0 m | SEC (XBRL)· 19 Feb 2026verified |
| Receivables | 295.0 m | 526.0 m | 890.0 m | 856.0 m | 1.2 bn | 2.0 bn | SEC (XBRL)· 07 May 2026verified |
| Inventories | 382.0 m | 534.0 m | 821.0 m | 889.0 m | 1.1 bn | 2.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Current assets | 847.0 m | 1.2 bn | 2.0 bn | 1.9 bn | 2.5 bn | 5.5 bn | SEC (XBRL)· 19 Feb 2026verified |
| Property, plant & equipment, net | 1.4 bn | 1.7 bn | 1.8 bn | 1.8 bn | 7.7 bn | 13.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Goodwill | 1.6 bn | 1.6 bn | 1.6 bn | 1.6 bn | 1.5 bn | 3.0 bn | SEC (XBRL)· 19 Feb 2026verified |
| Intangibles (excl. goodwill) | 588.0 m | 542.0 m | 588.0 m | 544.0 m | 547.0 m | 2.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Total assets | 5.3 bn | 5.8 bn | 6.8 bn | 6.8 bn | 14.4 bn | 28.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Accounts payable | 267.0 m | 515.0 m | 966.0 m | 828.0 m | 1.3 bn | 2.5 bn | SEC (XBRL)· 07 May 2026verified |
| Short-term debt | 6.0 m | 6.0 m | 0 | 0 | 2.0 m | 17.0 m | SEC (XBRL)· 07 May 2026verified |
| Long-term debt | 3.1 bn | 2.7 bn | 3.6 bn | 3.6 bn | 7.5 bn | 13.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Current liabilities | 653.0 m | 890.0 m | 1.4 bn | 1.4 bn | 1.9 bn | 4.0 bn | SEC (XBRL)· 19 Feb 2026verified |
| Total liabilities | 4.6 bn | 5.0 bn | 5.9 bn | 5.8 bn | 10.3 bn | 20.4 bn | SEC (XBRL)· 19 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 502.0 m | 543.0 m | 561.0 m | 600.0 m | 549.0 m | 1.2 bn | SEC (XBRL)· 19 Feb 2026verified |
| Capex | 124.0 m | 157.0 m | 186.0 m | — | — | — | SEC (XBRL)· 17 Feb 2023verified |
| Free cash flow | 378.0 m ≈ | 386.0 m ≈ | 375.0 m ≈ | — | — | — | SEC (XBRL)· 17 Feb 2023derived |
| Investing cash flow | -120.0 m | -387.0 m | -464.0 m | -288.0 m | 477.0 m | -2.8 bn | SEC (XBRL)· 19 Feb 2026verified |
| Financing cash flow | -306.0 m | -228.0 m | -40.0 m | -365.0 m | -961.0 m | 2.4 bn | SEC (XBRL)· 19 Feb 2026verified |
| Share repurchases | 0 | — | — | — | — | — | SEC (XBRL)· 19 Feb 2021verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- indicators available: 5 of at least 6
- score weight coverage: 35.4% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: unavailable
Key indicators
Coverage and freshness
Score by group
35% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/Eunavailable · input data missing
- Dividend discount (DDM)unavailable · input data missing
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 35.4% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 2.9% | 41 (vs peers) | 18% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | -0.7% | 0 (on a fixed band) | 24% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | -0.3x | 75 (vs peers) | 29% |
| Interest coverage · Balance sheet | 2.7x | 18 (on a fixed band) | 18% |
| Current ratio · Balance sheet | 1.3x | 41 (on a fixed band) | 12% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet51/100 · 3/3 factors with a value
- Growth· partial0/100 · 1/2 factors with a value
- Quality· partial41/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
SUNOCO LP (SUN). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 25.2 bn USD in 2025; YoY growth 11.1%; net margin 2.9%; net debt/EBITDA -0.3x.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 35.4% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net debt / EBITDA: -0.3x
What contradicts it
- Revenue CAGR 3Y: -0.7%
- Interest coverage: 2.7x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Petroleum Refining (SIC 2911) · same industry (4-digit SIC) · compared with 17 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| XOMExxonMobil Holdings Corporation | 701.6 bn | 27.7 | 9.8% | 7.6% | −5.0% | +46% / +65% |
| CVXChevron Corp | 428.7 bn | 20.8 | 12.2% | 9.6% | −6.8% | +44% / +51% |
| COPConocoPhillips | 164.5 bn | 18.1 | 14.2% | 14.7% | +7.7% | +54% / +18% |
| EQNREquinor Asa | 107.0 bn | 22.1 | 12.2% | 4.7% | +2.6% | +87% / +34% |
| MPCMarathon Petroleum Corporation | 106.9 bn | 7.7 | 72.6% | 8.4% | −4.4% | +103% / +163% |
| VLOValero Energy Corp | 101.9 bn | 8.2 | 50.1% | 8.4% | −5.5% | +107% / +191% |
| PSXPhillips 66 | 101.3 bn | 8.3 | 41.1% | 7.5% | −7.5% | +90% / +101% |
| YPFYPF Sociedad Anonima | 16.4 bn | — | -7.4% | -4.5% | −4.4% | +13% / +151% |
| CVICvr Energy, Inc | 4.3 bn | 16.3 | 27.5% | 2.7% | −5.9% | +25% / +35% |
| IEPIcahn Enterprises L.P. | 4.0 bn | — | — | -9.4% | −3.6% | −34% / −68% |
| DKDelek Us Holdings, Inc. | 4.0 bn | 18.2 | 62.6% | 1.9% | −9.5% | +69% / +141% |
| CLMTCalumet, Inc. | 3.8 bn | — | — | -3.0% | −1.2% | +126% / +153% |
| SUNCSunococorp LLC | 3.4 bn | 23.8 | — | 0.4% | +11.1% | +26% / unavailable |
| IMOImperial Oil Limited | — | — | 25.2% | 10.9% | −8.6% | +29% / +126% |
| PBFPbf Energy Inc. | — | 3.2 | 41.1% | 7.0% | −11.4% | +111% / +64% |
| SUSuncor Energy Inc | — | — | 13.2% | 11.3% | −4.6% | +61% / +118% |
| BPBp PLC | — | — | 0.1% | 0.0% | −1.1% | +26% / +26% |
| SUNSunoco LP | — | — | — | 2.9% | +11.1% | +23% / +21% |
1- and 3-year price returns: for SUN from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Scenarios are not available. input data missing
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results).
In brief
Sunoco LP is a master limited partnership combining motor fuel distribution with midstream infrastructure, operating an extensive pipeline and terminal network across North America, the Caribbean and Europe. Its relevance now stems from the Parkland acquisition and rapid earnings growth, with consolidated Adjusted EBITDA of $2,047 million in fiscal 2025 1 and full-year 2026 guidance raised to $3.5-3.7 billion 3.
SWOT
Strengths
Weaknesses
- A high debt and leverage level could limit financial flexibility when interest costs are high 23.
- Dependence on a limited number of principal branded fuel suppliers could create supply vulnerabilities 1.
- Rapid integration of several large acquisitions, including Parkland, carries operational and cost risks 1.
Opportunities
- The announced acquisition of a US fuel distribution network could expand volume and customer base in the United States 2.
- Integrating the European and Caribbean terminals could generate logistics synergies and new stable revenue streams 2.
- If distribution growth continues as planned, the company could attract income-oriented investors 3.
Risks
- High indebtednesshigh
Consolidated debt and the cost of financing could reduce flexibility and the capacity to sustain distributions if interest rates rise 13.
- Margin volatilityhigh
Fuel distribution margins can fluctuate significantly, which could affect cash flow available for distributions 1.
- Integration risksmedium
Integrating several acquisitions in a short period can bring unforeseen costs and operational difficulties 12.
- Trade policy and tariffsmedium
Tariffs on steel and other raw materials can raise the cost of infrastructure projects and maintenance 1.
- Dependence on Energy Transferlow
Conflicts of interest with the controlling owner can influence decisions on acquisitions and distributions 1.
Investment thesis
What would need to be true (bull case)
- If the Parkland and recent acquisitions keep supporting EBITDA growth, the company could consolidate its leadership in independent fuel distribution in the Americas 13.
- The raised guidance and consecutive distribution increases may signal financial discipline that supports income for dividend-oriented investors 3.
- Expansion into new markets, including the announced US acquisition, could diversify revenue sources and reduce reliance on one region 2.
What would break the thesis
- High debt could limit flexibility if financing costs remain elevated or if margins decline 23.
- Results are sensitive to fuel prices, and a period of volatility could quickly reduce Adjusted EBITDA and cash available for distributions 1.
- The complexity of integrating several large acquisitions could delay the announced synergies and raise operating costs 12.
What to watch
- Closing of the US fuel distribution network acquisition and its effect on leverageQ4 2026
- Delivery against the 2026 Adjusted EBITDA guidancenext 10-K
- Fuel margin per gallon in the Fuel Distribution segmentQ3 2026
- Debt level and the net debt to Adjusted EBITDA ratioQ4 2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results).
The business
Sunoco LP is a Delaware master limited partnership managed by a general partner owned by Energy Transfer, engaged in motor fuel distribution and energy infrastructure 1. The company distributes over 15 billion gallons of fuel annually to approximately 11,000 Sunoco and partner branded locations, as well as independent dealers and commercial customers 1. The Parkland acquisition, completed on October 31, 2025, extended operations into Canada, the Caribbean and western US 1.
Segments
Fuel Distribution
The Fuel Distribution segment supplies fuel to third-party dealers and distributors, commission agents and commercial customers, and directly operates convenience retail stores, including in Hawaii and on the New Jersey Turnpike 1. In the second quarter of 2026 the segment sold approximately 4.1 billion gallons, with a fuel margin of 17.1 cents per gallon and Adjusted EBITDA of $504 million 3.
Pipeline Systems and Terminals
Pipeline Systems includes an integrated network of refined product, crude oil and ammonia pipelines, while Terminals operates storage and distribution facilities, including transmix processing plants 1. In the second quarter of 2026 Pipeline Systems averaged roughly 1.3 million barrels per day of throughput and Terminals about 1.1 million barrels per day 3.
Refinery
The Refinery segment consists of the Burnaby Refinery, acquired with Parkland, which produces gasoline, diesel and jet fuel and complies with Canadian lower carbon fuel rules 1. In the second quarter of 2026 the refinery averaged about 57 thousand barrels per day and contributed $175 million of Adjusted EBITDA 3.
Market context
The motor fuel distribution market in the Americas is fragmented, and Sunoco presents itself as the largest independent fuel distributor in the region with a large commercial volume of gasoline and diesel 1. Demand is seasonal, higher in late spring and summer, and prices of petroleum products are generally passed on to customers 1. Expansion in Europe through the TanQuid acquisition and in the Caribbean through the Delta acquisition further broadens the geographic footprint 2.
Trends
- Consolidation through acquisitionstailwind
The company completed several acquisitions in 2025 and 2026, from Parkland to TanQuid and Delta, and announced an agreement for a US fuel distribution network, which could expand scale and stable revenue base 23.
- Rising distributionstailwind
The partnership declared in July 2026 its seventh consecutive quarterly distribution increase, consistent with a multi-year distribution growth strategy of at least 5% 3.
- Cost of financing and debtheadwind
A higher cost of capital and a high debt load could limit the ability to finance new acquisitions and reduce cash available for distributions, especially if interest rates remain elevated 12.
- Energy transition and tariffsmixed
Policies moving toward a low carbon economy and new trade tariffs could raise capital costs and shift fuel demand, with mixed effects on pipeline and distribution operations 1.
Competitive position
Wholesale motor fuel distribution is a competitive and fragmented industry in which Sunoco competes with other independent distributors, integrated oil companies and convenience store operators 1. Competitive intensity depends on acquisitions, supply agreements with branded suppliers and access to logistics infrastructure, while new entrants in retail can influence margins 1.
- Energy TransferET
Controlling owner and strategic partner of Sunoco, active in midstream and refined products transportation, with relevance to shared infrastructure 1.
- Parkland (former Canadian company)
International fuel distributor and convenience retailer acquired by Sunoco in 2025, which brought operations in 26 countries across the Americas 1.
- Other independent fuel distributors
Regional and national companies competing for dealers, commission agents and commercial customers in the same distribution space 1.
- Integrated oil companies and refiners
Branded suppliers and refiners that compete indirectly through their own distribution networks and supply contracts with Sunoco 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report03 Nov 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report10 Sept 2026Delisting notice · Regulation FD disclosure · Financial statements and exhibits
- Current report10 Aug 2026Regulation FD disclosure
- Quarterly report06 Aug 2026
- Current report04 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report07 May 2026
- Current report05 May 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report21 Apr 2026Regulation FD disclosure · Other events · Financial statements and exhibits
- Current report09 Mar 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Current report27 Feb 2026Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Sunoco LP · 19 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Sunoco LP · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Sunoco LP · 04 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.