Sunoco (SUN) Gains Amid Positive Update Regarding Parkland Takeover

The share price of Sunoco LP (NYSE:SUN) surged by 9.33% between October 10 and October 17, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Sunoco LP (NYSE:SUN) is a leading operator of critical energy infrastructure and the largest independent fuel distributor in North America.

Sunoco LP (NYSE:SUN) shot up this week after it was reported that the company’s proposed takeover of fuel retailer and refiner, Parkland, has been approved by the Canadian government. The ~$9.1 billion deal is expected to significantly expand Sunoco LP’s (NYSE:SUN) footprint in Canada and solidify its position in the fuel distribution market across North America. First announced earlier this year, the transaction is expected to close in Q4 2025, subject to remaining regulatory approvals.

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