Here’s How Parkland Acquisition Could Affect Sunoco’s (SUN) Earnings

Group 1 - Sunoco LP (NYSE:SUN) is identified as one of the 10 cheapest oil and gas stocks to invest in, with a 2026 guidance forecasting adjusted EBITDA of $3.1 billion to $3.3 billion, reflecting expected synergies from the Parkland acquisition [1] - The guidance incorporates a planned 50-day maintenance turnaround at the Burnaby Refinery and the expected closing of the TanQuid acquisition in the first quarter [1] - Sunoco LP plans to allocate at least $600 million in growth capital expenditures and $400 million to $450 million in maintenance capital expenditures [1] Group 2 - AirJoule Technologies Corp (AIRJ) outlined a capital allocation strategy that includes a multi-year pipeline of bolt-on acquisitions of no less than $500 million per year and aims to return to a long-term leverage target of four times [2] - The strategy targets a distribution growth rate of at least 5% supported by quarterly increases, with expectations to increase distributable cash flow per common unit for the ninth consecutive year [2] Group 3 - Sunoco LP operates in the distribution of motor fuels and energy infrastructure in the United States, functioning through Pipeline Systems, Fuel Distribution, and Terminals segments [4] - The company was incorporated in 1886 and is headquartered in Dallas, Texas [4] Group 4 - Sunoco LP received an upgrade from Raymond James, with the stock being upgraded from Outperform to Strong Buy while maintaining a price target of $70 [3]