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Sunoco LP

SUN

Energy · 74.62 +2.1% today

You’ve read what changed. Here’s whether the market is confirming it.

Dominant mover · weak group confirmationMarket checked 1 Oct, 15:55 GMT-4

Market read

SUN dominates a concentrated Oil & Gas move.

SUN accounts for 47.5% of the group's measured movement across 2.9 effective names. all 4 measured members are rising in raw terms, but 4 of 4 session-normalized paths align to the upside. Capital-flow agreement is 10%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

Session-normalized 5m paths
Role in the moveDominant mover#1 of 4 by movement share
Group movement share47.5%Absolute path energy—not portfolio weight
Relative path+2.78%aligned
Effective breadth2.9 / 4concentrated
Relative alignment4/4upside path · 0 counter-moving
Capital-flow agreement10%not yet clean
SEQUENCE READ

SUN was the first measured mover. SUN crossed its material path threshold at 11:05 ET. BSM, HESM, MNR followed.

EVIDENCE COVERAGE

4 of 4 members in Oil & Gas are active. 0 of 8 disclosed connections are confirming.

What would change this read
  • At least 3 of 4 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as EXE begins moving with the group.

Invalidation: The live read weakens if participation falls to 1 of 4 members or fewer.

Watch this read

Research brief

The story so far

Energy · Oil & Gas Refining & Marketing

SUN accounts for 47.5% of the group's measured movement across 2.9 effective names. all 4 measured members are rising in raw terms, but 4 of 4 session-normalized paths align to the upside. Capital-flow agreement is 10%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 3 of 4 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as EXE begins moving with the group.

Company research

Understand the business, not just the ticker

As of Oct 2, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations342
Usable filing statements76
Verified relationships11
Evidence supporting the case
  • 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.
Evidence challenging the case
  • Net margin changed -1.7 percentage points in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Oct 1, 2026

74.62
6m+16.5%12m+49.2%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$17.6B+64.3%——
2022-12-31$25.7B+46.2%——
2023-12-31$23.1B-10.3%——
2024-12-31$22.7B-1.6%——
2025-12-31$25.2B+11.1%——

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
“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 ↗
Demand and volumepositive · 2 filings
“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 ↗
Restructuring and cost reductionsmixed · 2 filings
“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 ↗
Foreign exchangemixed · 1 filings
“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.

Scenario scaffold

No usable price/earnings or price/sales multiple (need a fresh price).

Price action

How the market is pricing the story

74.62+2.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 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 Leader in the organic co-movement group Oil & Gas. 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.