StockWatch
·
Petroleum Refining
Quarterly ResultAug 4, 2026, 07:42 AM

SunocoCorp Q2 Net Income $283M; Raises FY26 Adj. EBITDA Guidance

AI Summary

SunocoCorp LLC reported strong financial and operating results for the second fiscal quarter ended June 30, 2026, with net income of $283 million and Adjusted EBITDA of $996 million. The company also increased its full year 2026 Adjusted EBITDA guidance by $400 million to a range of $3.5 billion to $3.7 billion. Additionally, a quarterly distribution of $1.0023 per unit was declared, representing a 1.25% increase from the previous quarter and over 10% year-over-year.

Key Highlights

  • Net income for Q2 2026 was $283 million, significantly up from $86 million in Q2 2025.
  • Adjusted EBITDA for Q2 2026 was $996 million (excluding transaction expenses), compared to $464 million in Q2 2025.
  • Distributable Cash Flow, as adjusted, for Q2 2026 was $608 million, up from $300 million in Q2 2025.
  • Full year 2026 Adjusted EBITDA guidance increased by $400 million to a range of $3.5 billion to $3.7 billion.
  • Declared a Q2 2026 distribution of $1.0023 per unit, marking a 1.25% QoQ increase and over 10% YoY.
  • Fuel Distribution segment Adjusted EBITDA rose to $504 million from $206 million in Q2 2025.
  • Pipeline Systems segment Adjusted EBITDA increased to $190 million from $177 million in Q2 2025.
  • Long-term debt stood at $13.3 billion with $2.3 billion liquidity at June 30, 2026.