Sunoco (SUN) Tops Q1 EPS by 52c, Revenues Beat
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Sunoco LP Announces First Quarter Financial and Operating Results
May 8, 2019 4:35 PM EDTDALLAS, May 8, 2019 /PRNewswire/ --Â Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the three-month period ended March 31, 2019.
Net income was $109 million versus net loss of $315 million in the first quarter of 2018. Results include a non-cash $47 million write-down on assets held for sale offset by $93 million of non-cash inventory adjustments.
Adjusted EBITDA(1) totaled $153 million compared with $109... More
