Sunoco LP Expects 2024 Adjusted EBITDA Of $975M-$1B; Expects To Continue To Aggressively Limit Expense Growth
Portfolio Pulse from Benzinga Newsdesk
Sunoco LP forecasts its 2024 adjusted EBITDA to be between $975 million and $1 billion. The company also plans to aggressively control expense growth.
December 04, 2023 | 12:13 pm
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Sunoco LP anticipates a 2024 adjusted EBITDA of $975M-$1B and aims to aggressively limit expense growth.
The positive outlook on adjusted EBITDA for 2024 suggests that Sunoco LP is expecting strong financial performance, which is likely to be viewed favorably by investors. The commitment to controlling expenses could improve profit margins and operational efficiency, further boosting investor confidence. However, the actual impact will depend on market conditions and the company's ability to meet these forecasts.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100