Sunoco LP (SUN) Tops Q1 EPS by 21c; Offers FY23 Guidance

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Sunoco LP Announces First Quarter 2023 Financial and Operating Results

May 2, 2023 7:00 AM EDT

Reports first quarter results including net income of $141 million, Adjusted EBITDA(1) of $221 million and Distributable Cash Flow, as adjusted(1) of $160 millionIncreases quarterly distribution by 2%Completes the acquisition of 16 refined product terminals from Zenith Energy for $110 millionIncreases full year 2023 Adjusted EBITDA(1)(2) guidance to $865 to $915 million to include Zenith acquisition

DALLAS, May 2, 2023 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the... More