“For the three and six months ended June 30, 2026 compared to the same periods last year, interest expense increased primarily due to an increase in average total long-term debt, including debt assumed in the Parkland Acquisition.”10-Q · Aug 6, 2026 ↗
Sunoco LP
SUN
Market read
Sunoco LP's move is being confirmed by its market group.
No new filing conclusion is available. 7 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
- At least 10 of 14 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as SWX begins moving with the group.
Invalidation: The live read weakens if participation falls to 4 of 14 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 7 of 14 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 10 of 14 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as SWX begins moving with the group.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +11.1% year over year.
- Operating cash flow covered net income at 2.26x in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 4 filings.
- Net margin changed -1.7 percentage points in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Oct 7, 2026
71.85Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Seasonality Our business exhibits some seasonality due to our customers’ increased demand for motor fuel during the late spring and summer months, as compared to the fall and winter months.”10-K · Feb 19, 2026 ↗
“For the year ended December 31, 2025 compared to the prior year, interest expense increased primarily due to an increase in average total long-term debt, including debt assumed in the acquisitions of Parkland and NuStar.”10-K · Feb 19, 2026 ↗
“In 2026, there was a $114 million loss on foreign currency exchange due to our foreign operations resulted from the Parkland Acquisition.”10-Q · Aug 6, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
No usable price/earnings or price/sales multiple (need a fresh price).
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 7 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SUN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SUN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SUN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
ETEnergy Transfer LPpartnerMay 7, 2026 ▾
“These forward-looking statements are based on our current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially from the results and events anticipated or implied by such forward-l…”
SUNCSunocoCorp LLCinvesteeFeb 19, 2026 ▾
“Recent Developments Acquisitions Parkland Acquisition On October 31, 2025, we completed the previously announced acquisition of Parkland whereby the Partnership acquired all the outstanding shares of Parkland, in exchange for SunocoCorp units that were contri…”
Depended on by
LPGDorian LPG Ltd.customerMay 27, 2026 ▾
“As of May 22, 2026, all twenty-seven of our VLGCs, including the six time chartered-in vessels, were deployed in the Helios Pool.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SUN is currently a Early Follower in the organic co-movement group Natural Gas Exposure. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.