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Sunoco Finalizes Parkland Acquisition, NYSE Trading Soon

Story Highlights
  • Sunoco completed the acquisition of Parkland Corporation on October 31, 2025.
  • Sunoco entered into an Omnibus Agreement with SunocoCorp for indemnification and service provision.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunoco Finalizes Parkland Acquisition, NYSE Trading Soon

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Sunoco ( (SUN) ) has provided an announcement.

On October 31, 2025, Sunoco completed the acquisition of Parkland Corporation, with Parkland shares expected to be delisted from the Toronto Stock Exchange by November 4, 2025. The acquisition led to the issuance of SunocoCorp Common Units, which will start trading on the New York Stock Exchange on November 6, 2025. Additionally, Sunoco entered into an Omnibus Agreement with SunocoCorp to indemnify certain liabilities and provide administrative services, ensuring economic alignment between the two entities. The agreement includes provisions for cash distribution alignment and potential renegotiation in case of triggering events, impacting the company’s operations and positioning in the market.

The most recent analyst rating on (SUN) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Sunoco stock, see the SUN Stock Forecast page.

Spark’s Take on SUN Stock

According to Spark, TipRanks’ AI Analyst, SUN is a Neutral.

Sunoco’s overall stock score is driven by a strong earnings call performance and attractive dividend yield, despite mixed financial performance and technical indicators. The company’s strategic focus on growth and acquisitions provides a positive outlook, although high leverage and valuation concerns remain.

To see Spark’s full report on SUN stock, click here.

More about Sunoco

Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 32 countries and territories in North America, the Greater Caribbean, and Europe. The company’s midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 160 terminals, complementing its fuel distribution operations which distribute over 15 billion gallons annually to approximately 11,000 Sunoco and partner-branded retail locations, as well as independent dealers and commercial customers. SunocoCorp is a publicly traded limited liability company that owns a direct limited partner interest in Sunoco LP.

Average Trading Volume: 461,387

Technical Sentiment Signal: Strong Buy

Current Market Cap: $7.99B

See more insights into SUN stock on TipRanks’ Stock Analysis page.

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