Sunoco LP (SUN) and SunocoCorp LLC (SUNC) reported second-quarter 2026 financial results for the quarter ended June 30, 2026. Sunoco LP reported net income of $283 million, up from $86 million in the second quarter of 2025, and revenue of $14.26 billion.
The partnership increased its full-year 2026 Adjusted EBITDA guidance by $400 million to a range of $3.5 billion to $3.7 billion. SUN and SUNC also declared a second-quarter distribution of $1.0023 per unit, payable Aug. 19 to holders of record Aug. 7.
- Second-quarter 2026 net income was $283 million, compared with $86 million a year earlier.
- Revenue for the quarter was $14.259 billion, compared with $5.390 billion in the prior-year quarter.
- Net income per common unit was $0.94 basic and $0.94 diluted.
- Adjusted EBITDA was $982 million, or $996 million excluding one-time transaction-related expenses.
- Distributable Cash Flow, as adjusted, was $608 million, compared with $300 million in the second quarter of 2025.
- The declared quarterly distribution of $1.0023 per unit was up about 1.25% from the first quarter and over 10% from the second quarter of 2025.
- Sunoco reported about $13.3 billion of long-term debt and about $2.3 billion of remaining revolving credit facility liquidity at June 30, 2026.
$SUN Hedge Fund Activity
We have seen 113 institutional investors add shares of $SUN stock to their portfolio, and 95 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 1,788,677 shares (+96.8%) to their portfolio in Q1 2026, for an estimated $116,210,344
- MORGAN STANLEY removed 527,594 shares (-32.2%) from their portfolio in Q1 2026, for an estimated $34,277,782
- ALPS ADVISORS INC removed 420,789 shares (-1.7%) from their portfolio in Q2 2026, for an estimated $28,403,257
- RECURRENT INVESTMENT ADVISORS LLC added 349,254 shares (+51.5%) to their portfolio in Q1 2026, for an estimated $22,691,032
- GOLDMAN SACHS GROUP INC removed 333,045 shares (-5.7%) from their portfolio in Q1 2026, for an estimated $21,637,933
- INFRASTRUCTURE CAPITAL ADVISORS, LLC added 247,569 shares (+34.1%) to their portfolio in Q1 2026, for an estimated $16,084,557
- BARCLAYS PLC added 212,450 shares (+36.5%) to their portfolio in Q1 2026, for an estimated $13,802,876
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
