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Sunoco LP Announces Results of Early Participation in Private Exchange Offers and Consent Solicitations for Outstanding Notes of Parkland Corporation and Extension of the Early Participation Exchange Consideration
Prnewswire· 2025-10-21 12:00
Accessibility StatementSkip Navigation DALLAS, Oct. 21, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that as of 5:00 p.m., New York City time, on October 20, 2025 (the "Early Participation Date"), that C$1,352,346,000 in aggregate principal amount of certain outstanding Canadian dollar denominated notes (collectively, the "PKI CAD Notes") previously issued by Parkland Corporation ("Parkland"), representing approximately 84.5% of the total outstanding principal amount of the PKI CA ...
Sunoco (SUN) Gains Amid Positive Update Regarding Parkland Takeover
Yahoo Finance· 2025-10-21 06:12
The share price of Sunoco LP (NYSE:SUN) surged by 9.33% between October 10 and October 17, 2025, putting it among the Energy Stocks that Gained the Most This Week. Sunoco (SUN) Gains Amid Positive Update Regarding Parkland Takeover -i Sunoco LP (NYSE:SUN) is a leading operator of critical energy infrastructure and the largest independent fuel distributor in North America. Sunoco LP (NYSE:SUN) shot up this week after it was reported that the company’s proposed takeover of fuel retailer and refiner, Park ...
Sunoco LP raises dividend by 1.3% to $0.9202 (NYSE:SUN)
Seeking Alpha· 2025-10-20 21:05
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Stardust Solar Energy Inc. Announces Annual Meeting Results/Shareholder Approval of New By-Law No. 1 with Advance Notice Provisions
Newsfile· 2025-10-17 00:46
Stardust Solar Energy Inc. Announces Annual Meeting Results/Shareholder Approval of New By-Law No. 1 with Advance Notice ProvisionsOctober 16, 2025 8:47 PM EDT | Source: Stardust Solar Energy Inc.Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Corporation") announces that at the Corporation's September 18, 2025, Annual and Special Meeting (the "Meeting"), all proposed resolutions set ...
Stardust Solar Appoints Sustainability Champion Erica Bearss as Vice President of Corporate Communications to Power Next Phase of Growth
Newsfile· 2025-10-15 12:30
Core Insights - Stardust Solar Energy Inc. has appointed Erica Bearss as Vice President of Corporate Communications to enhance growth, transparency, and investor engagement as the company aims to expand renewable energy adoption in North America and globally [1][4]. Company Overview - Stardust Solar specializes in renewable energy installation services, focusing on solar panels, energy storage systems, and electric vehicle supply equipment. The company operates as a franchisor, providing entrepreneurs with business management services, equipment, and comprehensive support [4]. Leadership and Expertise - Erica Bearss brings over 17 years of experience in strategic marketing, investor relations, and corporate communications, with a proven track record in building shareholder confidence and supporting multi-million-dollar capital raises [2][3]. - Bearss holds an MBA in Executive Management and is a Doctorate candidate in Business Administration, focusing on sustainable business and renewable energy models, particularly solar [3]. Strategic Goals - Bearss aims to expand investor engagement, foster transparency, and deliver consistent communications to build confidence in Stardust Solar's long-term vision and value creation strategy [4].
Parkland Corporation and Sunoco LP Receive Investment Canada Act Approval
Prnewswire· 2025-10-14 12:03
Core Viewpoint - The Government of Canada has approved the acquisition of Parkland Corporation by Sunoco LP, with the transaction expected to close in the fourth quarter of 2025, pending further regulatory approvals and customary closing conditions [1][2]. Company Overview: Parkland Corporation - Parkland Corporation is a leading international fuel distributor and convenience retailer operating in 26 countries across the Americas, with approximately 4,000 retail and commercial locations [3]. - The company focuses on providing essential fuels and environmentally friendly options, including renewable fuels and ultra-fast EV charging solutions [3]. - Parkland's strategy is built on two pillars: Customer Advantage, which emphasizes brand differentiation and customer loyalty, and Supply Advantage, which aims to achieve the lowest cost to serve in challenging markets [4]. Company Overview: Sunoco LP - Sunoco LP is a master limited partnership involved in energy infrastructure and fuel distribution, operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico [5]. - The partnership has an extensive midstream operation, including approximately 14,000 miles of pipeline and over 100 terminals, serving around 7,400 branded locations and independent dealers [5].
Sunoco LP (SUN) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-10-08 23:01
Company Overview - Sunoco LP (SUN) closed at $49.97, reflecting a -1.48% change from the previous day, underperforming the S&P 500 which gained 0.58% [1] - The stock has decreased by 0.74% over the past month, while the Oils-Energy sector and the S&P 500 saw gains of 3.53% and 3.68%, respectively [1] Earnings Projections - The upcoming earnings release is highly anticipated, with projected EPS of $1.66, indicating a significant increase of 738.46% year-over-year [2] - Quarterly revenue is estimated at $5.58 billion, which represents a decline of 2.94% compared to the same quarter last year [2] Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $5.54 per share and revenue of $21.95 billion, reflecting year-over-year changes of -7.67% and -3.27%, respectively [3] - Recent analyst estimate revisions suggest a positive outlook for the business, as these changes often align with short-term business dynamics [3] Valuation Metrics - Sunoco LP is currently trading at a Forward P/E ratio of 9.16, which is below the industry average Forward P/E of 18.05, indicating a valuation discount [6] - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry holds a Zacks Industry Rank of 94, placing it in the top 39% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [5] - Sunoco LP currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [5]
Sunoco LP Announces Third Quarter 2025 Earnings Release and Call Timing
Prnewswire· 2025-10-08 21:12
, /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that it will release its third quarter 2025 financial and operating results before the market opens on Wednesday, November 5, 2025. Management will hold a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss SUN's results. Brian Brungardt Director – Investor Relations (214) 840-5437 [email protected] SOURCE Sunoco LP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & I ...
Parkland Corporation Announces Election Deadline for the Sunoco Arrangement
Prnewswire· 2025-10-08 11:55
Core Viewpoint - Parkland Corporation has announced the deadline for registered holders of its common shares to make elections regarding the consideration receivable from the Sunoco Arrangement, set for October 17, 2025 [1]. Group 1: Election Process - The Election Deadline for shareholders to make their elections is 5:00 P.M. Calgary time on October 17, 2025 [1]. - Registered shareholders received a letter of transmittal and election form on September 11, 2025, which provides complete instructions [2]. - Beneficial shareholders must contact their intermediaries for instructions, as they should not use the letter of transmittal [3]. Group 2: Sunoco Arrangement - The Sunoco Arrangement is expected to close in the fourth quarter of 2025, pending regulatory approvals and customary closing conditions [4]. - Parkland entered into an arrangement agreement with Sunoco LP and related entities on May 5, 2025, for a cash and equity transaction to acquire all issued and outstanding Company Shares [5]. Group 3: Company Overview - Parkland Corporation is a leading international fuel distributor and convenience retailer operating in 26 countries across the Americas [6]. - The company has approximately 4,000 retail and commercial locations and offers a range of services, including renewable fuels and ultra-fast EV charging [6].
SUN PRINCESS NAMED #1 MEGA CRUISE SHIP IN 2025 CONDÉ NAST TRAVELER READERS' CHOICE AWARDS FOR SECOND CONSECUTIVE YEAR
Prnewswire· 2025-10-07 14:00
Core Insights - Sun Princess has been recognized as the 1 Mega Cruise Ship in the 2025 Condé Nast Traveler Readers' Choice Awards, marking its second consecutive year of receiving this honor, highlighting its exceptional service and innovative design [1][2] - The ship, launched in 2024, is the first of the Sphere-Class vessels, featuring a capacity of 4,300 guests and a weight of 177,882 tons, setting a new standard in the cruise industry [1][3] Company Highlights - Gus Antorcha, President of Princess Cruises, emphasized the award as a testament to the ship's next-generation design and the dedication of the crew, which enhances guest experiences [2] - The Readers' Choice Awards are a respected recognition program in the travel industry, with hundreds of thousands of votes cast annually by readers [2] Ship Features - Sun Princess offers unique features such as The Dome, a multi-level entertainment space, and Spellbound by Magic Castle, an immersive speakeasy experience [3] - The ship includes over 1,500 balcony staterooms and suites designed for comfort, featuring the exclusive Sanctuary Collection, which provides a private escape at sea [4] Entertainment and Dining - Standout venues on the ship include The Princess Arena, the most technologically advanced theater, and The Piazza, known for its dramatic architecture and ocean views [5] - Guests can enjoy 30 dining and bar venues, featuring high-end ingredients and a selection of premium liquors, including the Love Line Premium Liquors Collection [3][4] Future Developments - Princess Cruises plans to expand its fleet with the introduction of Star Princess, which recently set sail on its maiden voyage, further enhancing the guest experience [5][9]