Sunoco (SUN) Retains its Buy Rating at RBC Capital

Core Viewpoint - Sunoco LP (NYSE:SUN) is recognized as one of the best pipeline and MLP stocks to buy in 2026, with a maintained Buy rating and a price target of $64 from RBC Capital [1][2][8]. Financial Performance - Sunoco LP announced its fifth consecutive quarterly distribution increase, raising the quarterly distribution by 1.15 cents per common unit, resulting in a cash distribution of 93.17 cents per common unit for the quarter ended December 2025, which is a 1.25% increase from the previous quarter [3]. - The company provided its full-year 2026 adjusted EBITDA guidance, estimating it to be in the range of $3.1 billion to $3.3 billion, with anticipated synergies of approximately $125 million from the acquisition of Parkland Corporation being a key assumption for this guidance [4]. Company Overview - Founded in 1886, Sunoco LP is one of North America's largest independent distributors of motor fuels, operating a vast network of pipelines and refined-product terminals, and providing wholesale fuel distribution and energy infrastructure services globally [5].