By Connor Hart

Sunoco said Tuesday that it expects adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization--of $3.1 billion to $3.3 billion this year.

Analysts surveyed by FactSet were expecting adjusted Ebitda of $3.24 billion in 2026.

Sunoco's outlook includes $125 million of cost synergies tied to the company's $9.1 billion acquisition of Parkland, disclosed last May, which in part sought to grow Sunoco's network of fuel and retail locations and expand its geographic footprint.

The company said the outlook additionally includes a planned 50-day maintenance turnaround at its Burnaby Refinery, located in Burnaby, British Columbia, as well as its purchase of TanQuid, an independent liquid petrochemical storage operator based in Germany.

Growth capital expenditures are expected to total at least $600 million in 2026, Sunoco said. The company also has a multi-year path of bolt-on acquisitions totaling at least $500 million annually.

For the year, the company said maintenance capital expenditures are projected to come in between $400 million and $450 million.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

January 06, 2026 07:32 ET (12:32 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.