Sunoco LP Reports Record Q3 2026 Adjusted EBITDA and Outlines Aggressive Acquisition Strategy
Sunoco LP (SUN) reported a record third quarter for 2026, achieving an adjusted EBITDA of $1.06 billion. This figure excludes approximately $11 million in one-time transaction expenses related to recent activities. Management expressed strong confidence in the partnership's trajectory, suggesting that 2027 could potentially match or exceed these record performance levels. To drive continued growth, Sunoco has signaled an aggressive capital allocation strategy focused on bolt-on acquisitions. The company expects to deploy approximately $500 million annually toward such acquisitions, describing this target as a "modest bar" for their expansion efforts moving forward.
Tickers: $SUN
Topics: earnings EBITDA financial results
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