Quarterly ResultAug 6, 2026, 02:49 PM
SunocoCorp Q2 Revenue +164.5% to $14.26B; Net Income +217% to $273M
AI Summary
SunocoCorp reported a substantial increase in its second-quarter 2026 financial results, with total revenues rising 164.5% to $14.26 billion and net income surging 217% to $273 million compared to the prior year. The company's year-to-date performance also showed strong growth, driven by recent acquisitions including TanQuid and Delta, and strategic debt refinancing activities. SunocoCorp also announced a definitive agreement to acquire a U.S.-based fuel distribution network for $600 million, expected to close in Q4 2026.
Key Highlights
- Q2 2026 total revenues increased 164.5% to $14.26 billion.
- Q2 2026 net income rose 217% to $273 million.
- Year-to-date 2026 total revenues grew 136% to $24.95 billion.
- Year-to-date 2026 net income increased 199.6% to $878 million.
- Completed TanQuid acquisition for $239 million and Delta acquisition for $81 million.
- Issued $1.2 billion in new senior notes and redeemed $1.1 billion in existing notes.
- Agreed to acquire a U.S. fuel distribution network for $600 million.
- Cash distribution per common unit was $1.0023 for Q2 2026.
Price Impact
More from SUNC