Barclays Reinstates Coverage of Sunoco (SUN)

The share price of Sunoco LP (NYSE:SUN) surged by 5.7% between November 14 and November 21, 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) received a boost on November 17 when Barclays reinstated coverage of the stock with an ‘Overweight’ rating and a price target of $57. Sunoco completed the acquisition of Parkland Corporation earlier this month, with the deal expected to provide over $250 million in synergies by 2028. According to the analyst, the $8 billion acquisition has significantly expanded Sunoco’s size and scope, positioning it as a leading, geographically diversified liquids company. However, the analyst has warned that the energy firm’s exposure to refining could introduce additional earnings volatility, given the current price trends.

It is worth noting that Sunoco LP (NYSE:SUN)’s revenue and earnings both topped Wall Street estimates in its Q3 results announced on November 5. Moreover, the company remains on track to complete the acquisition of TanQuid in the fourth quarter of 2025.

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Disclosure: None.