Sunoco LP (NYSE:SUN) is one of the cheap energy stocks to buy right now. On February 17, Sunoco delivered financial results for 2025, capped by a Q4 that saw adjusted EBITDA reach $706 million. This result was largely driven by the integration of the Parkland Corporation acquisition, which closed in late October and transformed Sunoco into the largest independent fuel distributor in the Americas. For the full year, the company achieved a 36% increase in adjusted EBITDA to $2.12 billion.
The company maintains a strong balance sheet with a 1.9x coverage ratio and $2.5 billion in liquidity, ending the year at its long-term leverage target of approximately 4x. This stability encouraged management to target an annual distribution growth rate of at least 5% for 2026, backed by a strong fuel distribution margin of $0.177 per gallon.
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For 2026, Sunoco LP (NYSE:SUN) issued optimistic adjusted EBITDA guidance of $3.1 to $3.3 billion. The company plans to invest at least $600 million in growth capital projects and between $400 and $450 million in maintenance. While a 50-day maintenance turnaround at its refinery may impact Q1, the partnership remains focused on bolt-on acquisitions and further geographic expansion across the US, Canada, and Europe to sustain its multi-year growth trajectory.
Sunoco LP (NYSE:SUN), together with its subsidiaries, engages in the energy infrastructure and distribution of motor fuels in the US. It operates in four segments: Fuel Distribution, Pipeline Systems, Refinery, and Terminals.
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