SunocoCorp LLC Reports Fourth Quarter 2025 Financial Results Following Parkland Acquisition

SunocoCorp LLC (NYSE: SUNC) reported financial and operating results for the fourth quarter ended Dec. 31, 2025. The company, which owns a limited partner interest in Sunoco LP (SUN), consolidates the partnership’s results into its financial statements.

Quarterly Financial Results

For the fourth quarter of 2025, SunocoCorp reported consolidated revenue of $8.60 billion. **Net income for the period was 37 million) and noncontrolling interests ($69 million), the company recorded a net loss attributable to members of $5 million.

On a per-unit basis, the company reported a net loss of 646 million. This figure includes $60 million in one-time transaction-related expenses.

Segment Highlights

The company’s consolidated operations are reported across four primary segments:

Fuel Distribution: This segment generated Adjusted EBITDA of $332 million. It sold approximately 3.3 billion gallons of motor fuel with a profit margin of 17.7 cents per gallon.
Pipeline Systems: Adjusted EBITDA for this segment was $187 million. Average throughput volumes were 1.4 million barrels per day.
Terminals: This segment contributed $87 million in Adjusted EBITDA. Throughput volumes averaged 715 thousand barrels per day.
Refinery: A new reporting segment, the Refinery operations produced Adjusted EBITDA of $40 million. Crude throughput volumes averaged 49 thousand barrels per day with a 90% crude utilization rate.

Strategic Developments and Operations

SunocoCorp’s results for the quarter reflect the completion of the Parkland Corporation acquisition on Oct. 31, 2025. The increase in fuel distribution volumes and the addition of the refinery segment are attributed to this transaction. Additionally, the company finalized the acquisition of TanQuid in January 2026.

Consolidated total assets at the end of 2025 were $28.36 billion, with total liabilities of $20.35 billion. The consolidated entity ended the year at its long-term leverage target of approximately 4.0 times net debt to Adjusted EBITDA.

Guidance and Distributions

SunocoCorp declared a cash distribution for the fourth quarter of 2025 of $0.9317 per common unit. This distribution is scheduled for payment on Feb. 19, 2026, to holders of record as of Feb. 6, 2026. The company is targeting an annual distribution growth rate of at least 5% for 2026.

Investors should monitor the integration of the Parkland and TanQuid assets as the company progresses through its first full year of consolidated operations in 2026.

Performance Summary

SunocoCorp reported consolidated revenue of $8.60 billion and a net loss to members of $5 million for the fourth quarter. Segment signals were led by the Fuel Distribution unit, which contributed over 50% of the consolidated Adjusted EBITDA. The company maintained its 4.0x leverage target and established a 5% distribution growth objective for the upcoming year.