NYSE$SUN

Sunoco LP · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong second quarter results including net income of $121 million, Adjusted EBITDA of $214 million and Distributable Cash Flow, as adjusted of $159 million.

Sunoco LP reported a net income of $121 million and an Adjusted EBITDA of $214 million for the second quarter of 2022. The increase in Adjusted EBITDA reflects higher reported fuel margins and volumes, and the impact of recent acquisitions, partially offset by higher operating expenses.

  • Net income was $121 million.
  • Adjusted EBITDA was $214 million.
  • Distributable Cash Flow, as adjusted was $159 million.
  • The Partnership sold approximately 2.0 billion gallons of fuel.

Headline financials

Total Revenue

$7.82B

Previous: $4.39B+77.9%
EPS (adj)

$1.20

Previous: $1.73-30.6%
Motor Fuel Gallons Sold

2.0B

Previous: 1.9B+5.3%
Fuel Margin (cents/gal)

12.3%

Previous: 11.3%+8.8%
Capital Expenditures

-$29M

Previous: -$30M+3.3%
Free Cash Flow

$92M

Previous: $136M-32.4%
Net Income

$121M

Previous: $166M-27.1%
Operating Income

$173M

Previous: $216M-19.9%
Gross Profit

$345M

Previous: $353M-2.3%
Cash & Equivalents

$168M

Previous: $87M+93.1%
Total Assets

$6.92B

Previous: $5.54B+25.0%

Revenue & EPS history

Sunoco · Revenue · Quarterly

$7.82B

Q2 2022+77.9%vs Q2 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Sunoco · $7.55B total across 1 segment · Q2 2022

  • Fuel Distribution
    $7.55B+80.4%

Forward guidance

Reaffirms full-year 2022 Adjusted EBITDA guidance of $795 to $835 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.0%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-2.2%

Avg return

30 days after

53%

29 / 55 earnings

Positive

+7.7%

Q3 2018

Best reaction

-7.3%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%-1.8%-1.4%
Q4 2025+1.9%+5.1%+13.0%
Q3 2025+0.6%-2.1%+3.9%
Q2 2025-0.9%-5.4%-5.0%
Q1 2025-2.4%+1.4%-1.2%
Q4 2024+1.2%-1.9%-2.2%
Q3 2024+0.2%-3.3%+1.7%
Q2 2024-1.3%-6.3%-3.2%
Q1 2024+0.4%-5.0%-3.7%
Q4 2023+2.7%+3.3%+0.8%
Q3 2023+5.2%+6.1%+7.3%
Q2 2023-1.9%-0.6%+1.8%
Q1 2023-2.7%-5.0%-6.7%
Q4 2022-0.0%-1.3%-11.6%
Q3 2022-0.4%-2.2%-3.2%
Q2 2022-2.8%-8.1%-6.3%
Q1 2022+1.8%-6.2%-1.3%
Q4 2021+0.5%+0.9%-1.6%
Q3 2021-3.6%-3.6%-8.3%
Q2 2021+1.6%-2.8%-2.1%
Q1 2021-1.5%-4.9%-0.5%
Q4 2020-3.7%-2.4%-1.2%
Q3 2020+1.4%-1.6%+12.8%
Q2 2020-0.0%-1.3%-2.3%
Q1 2020+0.3%-0.7%+9.9%
Q4 2019+0.3%+0.3%-50.1%
Q3 2019+0.4%-1.6%-6.3%
Q2 2019-4.2%-5.6%-4.2%
Q1 2019+1.1%+2.2%+3.6%
Q4 2018-2.6%+0.2%+1.7%
Q3 2018+7.7%+9.2%+3.0%
Q2 2018+7.2%+3.9%+3.8%
Q1 2018+1.7%+2.6%-0.6%
Q4 2017+0.4%-0.7%-12.4%
Q3 2017+1.8%+2.0%-2.5%
Q2 2017+3.2%+0.8%+3.7%
Q1 2017+0.1%+1.3%+2.4%
Q4 2016-2.9%-6.5%-14.1%
Q3 2016-2.6%-6.8%-4.3%
Q2 2016-2.1%-2.7%-3.0%
Q1 2016-3.7%
Q4 2015-3.5%
Q3 2015+7.3%
Q2 2015-7.3%
Q1 2015-2.0%
Q4 2014+3.3%
Q3 2014+1.4%
Q2 2014+2.5%
Q1 2014+3.6%
Q4 2013-1.1%
Q3 2013+0.0%
Q2 2013+0.0%
Q1 2013-3.1%
Q4 2012-1.1%
Q3 2012-4.6%
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011

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