Sunoco LP (SUN)
Market Cap | 6.95B |
Revenue (ttm) | 23.07B |
Net Income (ttm) | 487.00M |
Shares Out | 136.00M |
EPS (ttm) | 4.57 |
PE Ratio | 11.18 |
Forward PE | 7.84 |
Dividend | $3.50 (6.86%) |
Ex-Dividend Date | Nov 8, 2024 |
Volume | 483,970 |
Open | 51.68 |
Previous Close | 51.99 |
Day's Range | 50.51 - 52.01 |
52-Week Range | 49.45 - 64.89 |
Beta | 1.33 |
Analysts | Buy |
Price Target | 62.67 (+22.69%) |
Earnings Date | Feb 12, 2025 |
About SUN
Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates through two segments: Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel, as well as other petroleum products, such as propane and lubricating oil from independent refiners and oil companies and supplies it to company-operated retail stores, independently operated commission agents, and retail stores, as well as other commercial customers, including unbranded retail stores... [Read more]
Financial Performance
In 2023, Sunoco LP's revenue was $23.07 billion, a decrease of -10.34% compared to the previous year's $25.73 billion. Earnings were $311.00 million, a decrease of -21.66%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for SUN stock is "Buy." The 12-month stock price forecast is $62.67, which is an increase of 22.69% from the latest price.
News
Oversold Conditions For Sunoco
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a tec...
Sunoco LP Announces 2025 Operational and Financial Guidance and Participation in Upcoming Mizuho Power, Energy & Infrastructure Conference
DALLAS , Dec. 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its operational and financial guidance for 2025. Presentation materials discussing the guidance...
Sunoco: Excess Retained Cash Flow Creates An Opportunity (Rating Upgrade)
Sunoco LP has underperformed the market, gaining only 4% over the past year, but its integration of NuStar assets has been successful, boosting EBITDA and DCF significantly. Despite a rise in G&A expe...
Sunoco LP Common Units (SUN) Q3 2024 Earnings Call Transcript
Sunoco LP Common Units (NYSE:SUN) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Scott Grischow - SVP, Finance and Treasurer Karl Fails - COO Joe Kim - President a...
Sunoco LP Reports Third Quarter 2024 Financial and Operating Results
DALLAS , Nov. 6, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the quarter ended September 30, 2024. Financial and Operatio...
Sunoco LP Maintains Quarterly Distribution
DALLAS , Oct. 28, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the third quarter of 2024 of $0....
Sunoco LP Announces Third Quarter 2024 Earnings Release and Call Timing
DALLAS , Oct. 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its third quarter 2024 financial and operating results before the market opens on Wednesday, November...
Sunoco-NuStar Transformation Will Fuel Growth And Secure Dividend
Sunoco LP's acquisition of NuStar Energy creates a vertically integrated oil and gas giant with a market cap of $7.36 billion and extensive pipeline and terminal assets. The Q2 2024 earnings report sh...
AtoB Partners with Sunoco to Expand Nationwide Network and Deliver Enhanced Fuel Discounts
SAN FRANCISCO--(BUSINESS WIRE)--AtoB, the fintech payments platform modernizing the trucking industry's financial systems, today announced a new partnership with Sunoco, bringing its 5,000 locations i...
How To Earn $500 A Month From Sunoco Stock
Sunoco LP SUN shares closed slightly higher during Friday's session.
Examining Sunoco LP After The NuStar Energy Acquisition
Sunoco LP distributes motor fuels to independent dealers, distributors, and commercial customers in over 40 states, totaling 8.3 billion gallons in 2023, via five subsidiary oil companies. Recent M&A ...
Sunoco LP (SUN) Q2 2024 Earnings Call Transcript
Sunoco LP (NYSE:SUN) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Scott Grischow - SVP, Finance and Treasurer Karl Fails - COO Joe Kim - President and CEO Austin H...
Sunoco LP Reports Record Second Quarter 2024 Financial and Operating Results
Reports record second quarter net income of $501 million and Adjusted EBITDA(1), excluding transaction-related expenses(2), of $400 million Completes the acquisition of NuStar Energy L.P. on May 3, 20...
Energy Transfer, Sunoco form joint venture of Permian crude businesses
U.S. pipeline operator Energy Transfer and fuel distributor Sunoco on Tuesday said they would form a joint venture combining their crude oil and produced water-gathering assets in the Permian Basin.
Energy Transfer and Sunoco Announce Strategic Permian Basin Crude Oil Joint Venture
DALLAS--(BUSINESS WIRE)--ET and SUN announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin.
Sunoco LP Announces Second Quarter 2024 Earnings Release and Call Timing
DALLAS , July 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its second quarter 2024 financial and operating results before the market opens on Wednesday, August ...
3 High-Yield Dividend Stocks That Executives Love
Who cares what financial “pundits” are yapping about? Show us the money.
Sunoco LP Announces Participation in J.P. Morgan's Energy, Power, and Renewables Conference
DALLAS , June 17, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its participation in J.P. Morgan's 2024 Energy, Power, and Renewables Conference.
Sunoco LP and NuStar Energy L.P. 2023 Schedule K-3s Now Available
DALLAS , June 6, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that Sunoco LP and NuStar Energy Partners, L.P. 2023 Schedule K-3s reflecting items of internat...
Sunoco LP (SUN) Q1 2024 Earnings Call Transcript
Sunoco LP (NYSE:SUN) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Scott Grischow – Senior Vice President-Finance and Treasurer Karl Fails – Chief Operations Officer J...
Sunoco LP Announces First Quarter 2024 Financial and Operating Results
Reports record first quarter net income of $230 million and Adjusted EBITDA(1) of $242 million Increases full year 2024 Adjusted EBITDA(1)(2) guidance to $1.46 billion to $1.52 billion, to include the...
Sunoco LP Announces Purchase of NuStar Preferred Units and Full Redemption of NuStar Logistics Subordinated Notes
DALLAS , May 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that, on June 3, 2024 (the "Redemption Date"), (a) SUN will purchase all outstanding units of (i...
Tortoise Announces Revision of Treatment of Constituent Changes Due to Corporate Action
OVERLAND PARK, KS / ACCESSWIRE / May 3, 2024 / Tortoise today announced a revision to the corporate action treatment for the Tortoise North American Pipeline IndexSM (TNAP). As previously stated, NuSt...
Sunoco LP Completes Acquisition of NuStar Energy L.P.; Announces a 4% Increase in Quarterly Distribution
DALLAS , May 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced the completion of the acquisition of NuStar Energy L.P. ("NuStar") and a 4% increase in its quarterly distribution.
Sunoco LP and NuStar Energy L.P. Announce NuStar's Unitholder Approval of the Sunoco Transaction
DALLAS , May 1, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or "SUN") and NuStar Energy L.P. (NYSE: NS) ("NuStar" or "NS") announced the approval by NuStar unitholders of the previously annou...