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Sep 30, 2023
Sunoco Q3 2023 Earnings Report
Reported third quarter results with increased full-year 2023 Adjusted EBITDA guidance.
Key Takeaways
Sunoco LP reported a net income of $272 million for the third quarter of 2023. The Partnership sold approximately 2.1 billion gallons of fuel, a 7% increase compared to the third quarter of 2022. They also increased full-year 2023 Adjusted EBITDA guidance to be above $935 million.
Net income was $272 million, compared to $83 million in Q3 2022.
Adjusted EBITDA was $257 million, versus $276 million in Q3 2022.
Distributable Cash Flow, as adjusted, was $181 million, compared to $196 million in Q3 2022.
Fuel sales volume increased by 7% to 2.1 billion gallons.
Revenue by Segment
Forward Guidance
Sunoco LP increased full-year 2023 Adjusted EBITDA guidance to be above $935 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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