Sunoco Lp/Sunoco Fin Stock Price, News & Analysis
Company Description
Sunoco LP (NYSE: SUN) is an energy infrastructure and fuel distribution master limited partnership. According to company disclosures, Sunoco LP operates as a fuel distributor and midstream energy business with a significant presence in transportation and storage assets. It is classified in the pipeline transportation of crude oil industry within the broader transportation and warehousing sector.
Sunoco LP states that it is an energy infrastructure and fuel distribution master limited partnership operating across multiple regions. Recent company descriptions note operations across 32 countries and territories in North America, the Greater Caribbean, and Europe, supported by midstream assets and fuel distribution activities. Sunoco LP’s common units representing limited partner interests trade on the New York Stock Exchange under the ticker symbol SUN.
Business model and operations
Sunoco LP describes itself as a master limited partnership focused on energy infrastructure and fuel distribution. Its activities include midstream operations and fuel distribution operations. Midstream operations include a network of approximately 14,000 miles of pipeline and over 160 terminals, as described in recent company news releases. These assets provide transportation and storage capacity that support the movement and handling of energy products.
The partnership’s fuel distribution operations, as described in its public communications, distribute over 15 billion gallons annually to approximately 11,000 Sunoco and partner-branded retail locations, as well as independent dealers and commercial customers. Earlier descriptions also reference fuel distribution to convenience stores, dealers, and commercial customers in various U.S. states, and note that Sunoco LP has operated fuel distribution, pipeline systems, and terminals segments. The company has also indicated that a majority of its revenue has historically been generated from fuel distribution activities.
Geographic reach and retail presence
Sunoco LP’s own descriptions indicate that it operates in over 40 U.S. states, Puerto Rico, Europe, and Mexico in certain communications, and across 32 countries and territories in North America, the Greater Caribbean, and Europe in other communications. Its fuel distribution operations serve Sunoco and partner-branded retail locations and additional independent dealers and commercial customers. Earlier information also notes that operating convenience stores have been under brands such as APlus, Stripes, Aloha Island Mart, and Tigermarket.
The partnership highlights that its midstream infrastructure complements its fuel distribution operations. Pipelines and terminals provide a physical network to move, store, and stage fuel volumes that are then distributed to retail locations, dealers, and commercial accounts.
Corporate structure and affiliations
Sunoco LP is organized as a Delaware limited partnership. Its general partner is owned by Energy Transfer LP (NYSE: ET), as disclosed in multiple company news releases and SEC filings. Energy Transfer LP has stated that it owns the general partner interests, incentive distribution rights, and a significant number of common units of Sunoco LP. Sunoco LP’s common units represent limited partner interests and are listed on the New York Stock Exchange under the symbol SUN.
SunocoCorp LLC (NYSE: SUNC) is described in company communications as a publicly traded limited liability company that owns a direct limited partner interest in Sunoco LP. SUN and SUNC are both headquartered in Dallas, Texas, according to recent press releases and SEC filings.
Strategic transactions and growth
Sunoco LP has engaged in significant strategic activity, including the acquisition of Parkland Corporation. SEC filings report that on October 31, 2025, Sunoco LP completed the acquisition of all issued and outstanding common shares of Parkland Corporation by way of a court-approved plan of arrangement under Canadian corporate law, resulting in Parkland becoming an indirect, wholly owned subsidiary of Sunoco LP. Subsequent filings and press releases describe related exchange offers and consent solicitations for Parkland notes, as well as the issuance of new notes by Sunoco LP.
In addition, Sunoco LP has communicated guidance and outlook information through news releases and Form 8-K filings, including expectations for adjusted EBITDA, capital expenditures, and acquisition-related synergies. These communications emphasize the partnership’s focus on fuel distribution, midstream infrastructure, and integration of acquired businesses such as Parkland.
Regulatory reporting and listing
Sunoco LP files reports with the U.S. Securities and Exchange Commission, including current reports on Form 8-K that describe material events such as acquisitions, financing activities, credit agreement amendments, and distributions. These filings confirm that Sunoco LP’s common units are registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the New York Stock Exchange. The partnership also reports on cash distributions approved by the board of directors of its general partner.
Through these disclosures, Sunoco LP provides information on its capital structure, debt instruments, and key contractual arrangements, including credit agreements and indentures governing senior notes. Investors and analysts use these filings to understand the partnership’s obligations, financing activities, and governance arrangements.
Headquarters and governance
SEC filings list Sunoco LP’s principal executive offices in Dallas, Texas. The partnership’s governance is exercised through its general partner, Sunoco GP LLC, whose sole member is Energy Transfer LP. Filings describe amendments to Sunoco LP’s partnership agreement and to the limited liability company agreement of its general partner, including provisions related to new classes of units and delegation of certain governance rights to SunocoCorp LLC.
Summary
According to its public disclosures, Sunoco LP is an energy infrastructure and fuel distribution master limited partnership with midstream assets and fuel distribution operations across multiple regions. It operates pipelines and terminals that support the movement and storage of energy products, and distributes fuel to Sunoco and partner-branded retail locations, independent dealers, and commercial customers. The partnership is headquartered in Dallas, Texas, trades on the New York Stock Exchange under the symbol SUN, and has its general partner owned by Energy Transfer LP.
Stock Performance
Sunoco Lp/Sunoco Fin (SUN) stock last traded at $64.73, down 0.96% from the previous close. Over the past 12 months, the stock has gained 11.9%, ranking #703 in 52-week price change. At a market capitalization of $12.7B, SUN is classified as a large-cap stock with approximately 204.8M shares outstanding.
Latest News
Sunoco Lp/Sunoco Fin has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include private placement, offering, earnings. View all SUN news →
SEC Filings
Sunoco Lp/Sunoco Fin has filed 5 recent SEC filings, including 4 Form 8-K, 1 Form 10-K. The most recent filing was submitted on March 9, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SUN SEC filings →
Financial Highlights
Sunoco Lp/Sunoco Fin generated $25.2B in revenue over the trailing twelve months, retaining a 11.1% gross margin, operating income reached $935.0M (3.7% operating margin), and net income was $527.0M, reflecting a 2.1% net profit margin. The company generated $1.2B in operating cash flow. With a current ratio of 1.38, the company maintains adequate short-term liquidity.
Upcoming Events
Redemption trigger deadline
Mandatory redemption date
Acquisition completion deadline
Redemption deadline
Sunoco Lp/Sunoco Fin has 4 upcoming scheduled events. The next event, "Redemption trigger deadline", is scheduled for May 5, 2026 (in 43 days). 3 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the SUN stock price.
Short Interest History
Short interest in Sunoco Lp/Sunoco Fin (SUN) currently stands at 4.7 million shares, up 3.6% from the previous reporting period, representing 4.4% of the float. Over the past 12 months, short interest has increased by 146.7%. This relatively low short interest suggests limited bearish sentiment. With 11.1 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.
Days to Cover History
Days to cover for Sunoco Lp/Sunoco Fin (SUN) currently stands at 11.1 days, up 23.8% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has increased 88.9% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 3.5 to 13.1 days.
SUN Company Profile & Sector Positioning
Sunoco Lp/Sunoco Fin (SUN) operates in the Oil & Gas Refining & Marketing industry within the broader Petroleum Refining sector and is listed on the NYSE. Among dividend-paying stocks, SUN ranks #467 by dividend yield. In monthly performance, the stock ranks #221 among all tracked companies.
Investors comparing SUN often look at related companies in the same sector, including HF Sinclair Corp (DINO), Icahn Enterprises (IEP), Pbf Energy Inc (PBF), CVR Energy (CVI), and Delek Logistics Partners Lp (DKL). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SUN's relative position within its industry.