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Sunoco LP (SUN) Down 5.8% Since Last Earnings Report: Can It Rebound?

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A month has gone by since the last earnings report for Sunoco LP (SUN - Free Report) . Shares have lost about 5.8% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Sunoco LP due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, fresh estimates flatlined during the past month.

VGM Scores

Currently, Sunoco LP has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Sunoco LP has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.

Performance of an Industry Player

Sunoco LP belongs to the Zacks Oil and Gas - Refining and Marketing - Master Limited Partnerships industry. Another stock from the same industry, Targa Resources, Inc. (TRGP - Free Report) , has gained 1.1% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.

Targa Resources reported revenues of $4.56 billion in the last reported quarter, representing a year-over-year change of 0%. EPS of $0.91 for the same period compares with $1.22 a year ago.

For the current quarter, Targa Resources is expected to post earnings of $1.95 per share, indicating a change of +46.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -2.4% over the last 30 days.

Targa Resources has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.


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