Business
Sunoco LP Reports First Quarter 2025 Financial and Operating Results
Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the quarter ended March 31, 2025.
About this update from Sunoco Lp
[{"type":"list","items":[{"val":[{"type":"text","content":"Reports solid first quarter results including net income of $207 million, Adjusted EBITDA(1) of $458 million and Distributable Cash Flow, as adjusted(1), of $310 million","length":174,"tagName":"p"}]},{"val":[{"type":"text","content":"Announces a series of definitive agreements to:","length":47,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Acquire Parkland Corporation in a cash and equity transaction valued at $9.1 billion","length":84,"tagName":"p"}]},{"val":[{"type":"text","content":"Acquire TanQuid, a leading terminal operator in Germany and Poland","length":71,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":155,"olType":false}]},{"val":[{"type":"text","content":"Increases quarterly distribution by 1.25%; on track to meet distribution growth target of at least 5% for 2025","length":110,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":486,"olType":false},{"type":"text","content":"DALLAS, May 6, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the quarter ended March 31, 2025.","length":191,"tagName":"p"},{"type":"image","alt":"Sunoco LP Logo (PRNewsfoto/Sunoco LP)","displaySize":"","headline":null,"caption":"Sunoco LP Logo (PRNewsfoto/Sunoco LP)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":56,"url":"https://media.zenfs.com/en/prnewswire.com/a18822e479144e6af359140e8668c91a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VP4rT_mz5PPpNJZOZK9KgA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTk5O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/a18822e479144e6af359140e8668c91a","width":400,"height":56}},"href":"https://mma.prnewswire.com/media/1213649/Sunoco_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Financial and Operational Highlights","length":36,"tagName":"p"},{"type":"text","content":"Net income for the first quarter of 2025 was $207 million compared to $230 million in the first quarter of 2024.","length":117,"tagName":"p"},{"type":"text","content":"Adjusted EBITDA(1) for the first quarter of 2025 was $458 million compared to $242 million in the first quarter of 2024.","length":120,"tagName":"p"},{"type":"text","content":"Distributable Cash Flow, as adjusted(1), fo...