SunocoCorp LLC
SUNC · Petroleum Refining · 51.5M shares · EDGAR filings ↗
Grade
C62Holding entity for large fuel distributor Sunoco LP; scaled and acquisitive (Parkland) but near-breakeven returns and thin distribution margins.
Strengths
- Massive scale (15B+ gallons, 14,000+ miles of pipeline) backed by Energy Transfer; decent liquidity (current ratio 1.38, 85th pct)
- Gross margin 11% (70th pct) and acquisition-driven scale expansion
Risks
- Near-breakeven results — net margin and ROA ~0 (33rd/31st pct) with modest interest coverage (1.73)
- Pass-through holding structure dependent on Sunoco LP/Energy Transfer; integration risk from Parkland/TanQuid deals
Notable findings
- Net lossNet loss (net margin -0.0%)
- Strong balance sheetStrong balance sheet — $891M cash & investments
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Gross margin
11.1%
Operating margin
3.7%
Net margin
-0.0%
Return on assets
-0.0%
Revenue growth (QoQ)
106.4%
Net debt / EBITDA
7.7×
Interest coverage
1.7×
Current ratio
1.4×
EBITDA
$1.6B
Cash & investments
$891M
Stock comp / revenue
0.1%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-05 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-21 | Reg FDOtherExhibits | filing ↗ |
| 2026-02-17 | ResultsReg FDExhibits | filing ↗ |
| 2026-01-16 | Exhibits | filing ↗ |
| 2025-12-10 | Exec/director changeExhibits | filing ↗ |
| 2025-11-03 | Material agreementAcquisition/disposition3.023.03Auditor changeExec/director change5.03OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-07 | 2026-03-31 | 0002089661-26-000033 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0002089661-26-000028 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0002089661-26-000022 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0002089661-26-000016 ↗ |
| 8-K | 2026-02-17 | 2026-02-17 | 0002089661-26-000011 ↗ |
| 8-K/A | 2026-01-16 | 2025-10-31 | 0002089661-26-000008 ↗ |
| 8-K | 2025-12-10 | 2025-12-05 | 0002089661-25-000008 ↗ |
| 8-K | 2025-11-03 | 2025-10-31 | 0001193125-25-261818 ↗ |