Sunoco LP (SUN)

NYSE: SUN · IEX Real-Time Price · USD
53.25
-0.40 (-0.75%)
At close: May 16, 2024, 4:00 PM
53.99
+0.74 (1.39%)
After-hours: May 16, 2024, 7:55 PM EDT
-0.75%
Market Cap 5.38B
Revenue (ttm) 23.21B
Net Income (ttm) 483.00M
Shares Out 100.88M
EPS (ttm) 4.50
PE Ratio 11.83
Forward PE 7.90
Dividend $3.50 (6.58%)
Ex-Dividend Date May 10, 2024
Volume 373,147
Open 53.63
Previous Close 53.65
Day's Range 53.20 - 54.01
52-Week Range 41.95 - 64.89
Beta 1.29
Analysts Buy
Price Target 62.71 (+17.77%)
Earnings Date May 8, 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
CEO Joseph Kim
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 $394.00 million, a decrease of -17.05%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for SUN stock is "Buy." The 12-month stock price forecast is $62.71, which is an increase of 17.77% from the latest price.

Price Target
$62.71
(17.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
8 days 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
13 days 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
13 days 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
13 days ago - PRNewsWire

Tortoise Announces Constituent Changes Due to Corporate Action

OVERLAND PARK, KS / ACCESSWIRE / May 2, 2024 / Tortoise today announced that NuStar Energy LP (NYSE:NS) will be removed from the Tortoise MLP Index ® (TMLP) and the Tortoise North American Pipeline In...

Other symbols: VNOM
14 days ago - Accesswire

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
15 days 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
4 weeks 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
4 weeks 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
4 weeks ago - PRNewsWire

Sunoco LP and NuStar Energy L.P. Announce Expiration of Hart-Scott-Rodino Act Waiting Period

DALLAS , April 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or "SUN") and NuStar Energy L.P. (NYSE: NS) ("NuStar" or "NS") today announced the expiration of the waiting period under the Har...

5 weeks ago - PRNewsWire

Sunoco LP Announces First Quarter 2024 Earnings Release and Call Timing

DALLAS , April 5, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its first quarter 2024 financial and operating results before the market opens on Wednesday, May 8, ...

Other symbols: ET
5 weeks ago - PRNewsWire

Sunoco LP Files 2023 Annual Report on Form 10-K

DALLAS , Feb. 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") on February 16, 2024, filed operational and financial results for the fiscal year ended December 31, 2023, on ...

Other symbols: ET
3 months ago - PRNewsWire

Sunoco LP Announces Fourth Quarter and Full Year 2023 Financial and Operating Results

Delivers record full year 2023 financial and operating results Reports fourth quarter volume of over 2.2 billion gallons, highest in the Partnership's history Reaffirms full year 2024 Adjusted EBITDA(...

Other symbols: ET
3 months ago - PRNewsWire

Sunoco LP Maintains Quarterly Distribution

DALLAS , Jan. 25, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the fourth quarter of 2023 of $0...

Other symbols: ET
4 months ago - PRNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of NuStar Energy L.P.

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by NuStar Energy L.P. (NYSE: NS) and its board of directors concerning the proposed acquis...

4 months ago - PRNewsWire

Sunoco Buys NuStar in $7.3 Billion Deal. It's Another Big Energy Merger.

There have been a string of big energy transactions in the past few months.

4 months ago - Barrons

Sunoco to Buy NuStar Energy in $7.3 Billion Deal

Fuel distributor Sunoco has agreed to buy liquids terminal and pipeline operator NuStar Energy in a stock-swap transaction valued at about $7.3 billion, including assumed debt.

4 months ago - WSJ

Sunoco to buy NuStar Energy in all-stock deal of $7.3 billion

Sunoco said on Monday it would acquire NuStar Energy in an all-equity transaction valued at about $7.3 billion, including assumed debt.

4 months ago - Reuters

Sunoco and NuStar to combine in all-stock deal valued at about $7.3 billion including debt

Sunoco LP SUN, -1.70% and NuStar Energy LP NS, said Monday they have agreed to combine in an all-stock deal valued at about $7.3 billion, including debt. Under the terms of the deal, NuStar common uni...

4 months ago - Market Watch

Sunoco LP to Acquire NuStar Energy L.P. in Transaction Valued at $7.3 Billion

DALLAS--(BUSINESS WIRE)--Sunoco LP (NYSE: SUN) (“Sunoco” or the “Partnership”) and NuStar Energy L.P. (NYSE: NS) (“NuStar”) announced today that the parties have entered into a definitive agreement wh...

4 months ago - Business Wire

Sunoco LP to Acquire NuStar Energy L.P., in Transaction Valued at $7.3 Billion

DALLAS , Jan. 22, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and NuStar Energy L.P. (NYSE: NS) ("NuStar") announced today that the parties have entered into a definitiv...

4 months ago - PRNewsWire

Sunoco LP Announces Fourth Quarter and Full Year 2023 Earnings Release and Call Timing

DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its fourth quarter and full year 2023 financial and operating results before the market opens on Wed...

Other symbols: ET
4 months ago - PRNewsWire

Sunoco LP Announces Sale of West Texas Assets, Acquisition of European Liquid Fuels Terminals, and Reaffirms 2024 Adjusted EBITDA Guidance Range

DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that it has entered into a definitive agreement for the sale of 204 convenience stores to 7-El...

Other symbols: ET
4 months ago - PRNewsWire

Sunoco LP Announces 2024 Operational and Financial Guidance

DALLAS , Dec. 4, 2023 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its operational and financial guidance for 2024. Presentation materials discussing the guidance...

Other symbols: ET
5 months ago - PRNewsWire

Top Wall Street analysts expect these dividend stocks to enhance total returns

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Home Depot and Walmart.

Other symbols: ETHDVICIWMT
5 months ago - CNBC