Sunoco LP (SUN)

NYSE: SUN · Real-Time Price · USD
54.06
+0.18 (0.33%)
Nov 19, 2024, 10:17 AM EST - Market open
0.33%
Market Cap 7.35B
Revenue (ttm) 23.07B
Net Income (ttm) 487.00M
Shares Out 136.00M
EPS (ttm) 4.57
PE Ratio 11.86
Forward PE 8.13
Dividend $3.50 (6.47%)
Ex-Dividend Date Nov 8, 2024
Volume 68,740
Open 53.80
Previous Close 53.88
Day's Range 53.37 - 54.20
52-Week Range 49.45 - 64.89
Beta 1.30
Analysts Buy
Price Target 62.22 (+15.11%)
Earnings Date Nov 6, 2024

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]

Sector Energy
Founded 1886
Employees 2,389
Stock Exchange NYSE
Ticker Symbol SUN
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for SUN stock is "Buy." The 12-month stock price forecast is $62.22, which is an increase of 15.11% from the latest price.

Price Target
$62.22
(15.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

12 days ago - Seeking Alpha

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...

Other symbols: ET
13 days ago - PRNewsWire

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....

Other symbols: ET
21 days ago - PRNewsWire

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...

Other symbols: ET
6 weeks ago - PRNewsWire

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Business Wire

How To Earn $500 A Month From Sunoco Stock

Sunoco LP SUN shares closed slightly higher during Friday's session.

2 months ago - Benzinga

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 ...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

Other symbols: ET
3 months ago - PRNewsWire

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.

Other symbols: ET
4 months ago - Reuters

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.

Other symbols: ET
4 months ago - Business Wire

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 ...

Other symbols: ET
4 months ago - PRNewsWire

3 High-Yield Dividend Stocks That Executives Love

Who cares what financial “pundits” are yapping about? Show us the money.

Other symbols: CMTGGRNT
5 months ago - Forbes

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.

Other symbols: ET
5 months ago - PRNewsWire

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...

Other symbols: ET
5 months ago - PRNewsWire

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...

6 months ago - Seeking Alpha

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...

Other symbols: ET
6 months ago - PRNewsWire

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...

Other symbols: ET
7 months ago - PRNewsWire

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...

Other symbols: VNOM
7 months ago - Accesswire

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.

Other symbols: ET
7 months ago - PRNewsWire

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...

Other symbols: ET
7 months ago - PRNewsWire

Sunoco LP Completes Acquisition of European Liquid Fuels Terminals and Divestiture of West Texas Assets; Reaffirms 2024 Adjusted EBITDA Guidance Range

DALLAS , April 17, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced the completion of the acquisition of liquid fuels terminals from Zenith Energy and the divest...

Other symbols: ET
7 months ago - PRNewsWire

Sunoco LP Announces Pricing of Private Offering of Senior Notes

DALLAS , April 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that it has priced at 100% a private offering (the "offering") of 7.000% senior notes due 2029 in an aggregate ...

Other symbols: ET
7 months ago - PRNewsWire

Sunoco LP Announces Private Offering of Senior Notes

DALLAS , April 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced a private offering (the "offering") of senior notes due 2029 in an aggregate principal amount of $750 million (...

Other symbols: ET
7 months ago - PRNewsWire