Sunoco Expects FY26 Adjusted EBITDA To Be In The Range Of $3.1B-$3.3B; Projects Growth Capex Of At Least $600M And Maintenance Capex Of $400M-$450M

Sunoco LP (NYSE:SUN) ("Sunoco" or the "Partnership") today announced its 2026 guidance.

Sunoco's 2026 Guidance

• Full-year 2026 Adjusted EBITDA(1)(2) to be in the range of $3.1 billion to $3.3 billion, which includes the following assumptions:
  • Total Parkland synergies of approximately $125 million
  • Planned 50-day maintenance turnaround at Burnaby Refinery beginning at the end of January
  • Closing of the TanQuid acquisition in the first quarter of 2026
• Growth capital expenditures of at least $600 million
  • Additionally, Sunoco has a multi-year path of bolt-on acquisitions totaling at least $500 million annually
• Maintenance capital expenditures to be in the range of $400 million to $450 million
• Expect to return to long-term leverage(1) target of 4 times in 2026
• Target distribution growth rate of at least 5% for 2026 and expect to announce future increases quarterly
  • SunocoCorp LLC (NYSE:SUNC) investors will receive the same dividend equivalent as the distribution to Sunoco unitholders
• Distributable Cash Flow(1) per Common Unit expected to increase for the ninth consecutive year