Recent Updates — SUN
Sunoco LP announced the voluntary withdrawal of its common units from listing on the New York Stock Exchange and their transfer to the Texas Stock Exchange. Trading is expected to cease on NYSE at market close on October 2, 2026, with trading beginning on TXSE at market open on October 5, 2026. The ticker symbol SUN will remain unchanged. This administrative move aligns the company's Texas-based operations with the regional exchange and requires no action from unitholders. Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across North America, the Greater Caribbean, and Europe.
Sunoco LP reported second quarter 2026 financial results, posting net income of $283 million and Adjusted EBITDA of $982 million. The company increased its full-year 2026 Adjusted EBITDA guidance by $400 million to a range of $3.5 billion to $3.7 billion. On July 27, 2026, Sunoco LP declared a quarterly distribution of $1.0023 per unit for the second quarter, payable on August 19, 2026, to holders of record as of August 7, 2026. This represents a 1.25% increase from the prior quarter and marks the seventh consecutive quarterly distribution increase. Sunoco LP operates in the energy infrastructure sector, providing fuel distribution, pipeline systems, terminals, and refining services.
Sunoco LP redomiciled from Delaware to Texas on July 6, 2026, via a Plan of Conversion. The redomiciliation changed the governing law from the Delaware Revised Uniform Limited Partnership Act to the Texas Business Organizations Code, replacing the existing Delaware Partnership Agreement with a new Texas Partnership Agreement. The move did not result in any material change to the company's CUSIP, trading symbol, business, assets, or net worth. Sunoco LP is an energy company that provides fuel distribution and supply services.