Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus across top and bottom-line metrics, driven by the successful integration of the Parkland and NuStar acquisitions. Revenue reached $14.26B, exceeding expectations of $11.05B (+29.05% variance), while Normalized EPS of $2.89 beat the $2.23 consensus by 29.81%. The Fuel Distribution segment was the primary growth engine, contributing $504M in Adjusted EBITDA, while new Refinery operations added $175M. Full-year FY26 growth capital guidance was set at $600M+, supported by a new $600M U.S. acquisition announced for Q4.