Sunoco LP (SUN) Surpasses Market Returns: Some Facts Worth Knowing

Sunoco LP (SUN) ended the recent trading session at $76.50, demonstrating a +2.67% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.21%. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq decreased by 0.22%.

Coming into today, shares of the master limited partnership had gained 8.68% in the past month. In that same time, the Oils-Energy sector gained 5.56%, while the S&P 500 gained 1.7%.

Investors will be eagerly watching for the performance of Sunoco LP in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. It is anticipated that the company will report an EPS of $2.33, marking a 606.06% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $10.15 billion, up 88.35% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $7.73 per share and a revenue of $42.31 billion, representing changes of +239.04% and +67.88%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for Sunoco LP. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.4% lower. At present, Sunoco LP boasts a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Sunoco LP has a Forward P/E ratio of 9.64 right now. This expresses a discount compared to the average Forward P/E of 13.41 of its industry.

The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 22, positioning it in the top 9% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

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Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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