Sunoco LP(SUN)

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Sunoco: Excess Retained Cash Flow Creates An Opportunity (Rating Upgrade)
Seeking Alpha· 2024-12-05 09:53
Sunoco LP (NYSE: SUN ) has been a modest performer over the past year, gaining just 4% and largely underperforming in what has been a strong year for the stock market. While the company has delivered solid results, concerns persist over the future paceOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, ju ...
Sunoco LP(SUN) - 2024 Q3 - Quarterly Report
2024-11-07 17:04
Table of Contents or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended: September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-35653 SUNOCO LP (Exact name of registrant as specified in its charter) Delaware 30-0740483 (State or other jurisdiction of incorporation or organizat ...
Sunoco LP(SUN) - 2024 Q3 - Earnings Call Transcript
2024-11-06 16:52
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 and CEO Austin Harkness - Chief Commercial Officer Conference Call Participants Theresa Chen - Barclays Noah Katz - JPMorgan Chase & Co. Gabriel Moreen - Mizuho Ned Baramov - Wells Fargo Operator Greetings and welcome to the Sunoco LP's Third Quarter 2024 Earnings Call. At this time, all participants are in a lis ...
Sunoco LP(SUN) - 2024 Q3 - Quarterly Results
2024-11-06 13:04
Exhibit 99.1 Sunoco LP Reports Third Quarter 2024 Financial and Operating Results (1) (1) (2) (1) (1) (1) (1) (2) (1) (1) (2) (1) DALLAS, November 6, 2024 - Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the quarter ended September 30, 2024. Financial and Operational Highlights Net income for the third quarter of 2024 was $2 million compared to net income of $272 million in the third quarter of 2023. Adjusted EBITDA for the third quarter of 2024 was $45 ...
Sunoco LP Reports Third Quarter 2024 Financial and Operating Results
Prnewswire· 2024-11-06 12:00
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 Operational HighlightsNet income for the third quarter of 2024 was $2 million compared to net income of $272 million in the third quarter of 2023.Adjusted EBITDA(1) for the third quarter of 2024 was $456 million compared to $257 million in the third quarter of 2023. Adjusted EBITDA(1) for the third quarter of 2024 includ ...
Sunoco LP (SUN) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-11-05 18:00
Sunoco LP (SUN) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings ...
Sunoco to Report Q3 Earnings: Here's What You Need to Know
ZACKS· 2024-11-04 19:46
Sunoco LP (SUN) is set to report third-quarter 2024 results on Nov. 6, before the opening bell.In the last reported quarter, Sunoco’s earnings of $3.85 per share beat the Zacks Consensus Estimate of $1.79, driven by a boost in fuel sales and positive contributions from its NuStar acquisition.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company beat on earnings in two of the trailing four quarters, met once and missed in the other, delivering an average surprise of 8.09%. This i ...
Sunoco LP (SUN) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-11-01 23:02
Sunoco LP (SUN) ended the recent trading session at $50.91, demonstrating a +0.22% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.41%. Elsewhere, the Dow saw an upswing of 0.69%, while the tech-heavy Nasdaq appreciated by 0.8%.The master limited partnership's stock has dropped by 4.3% in the past month, falling short of the Oils-Energy sector's loss of 0.13% and the S&P 500's loss of 0.97%.Market participants will be closely following the finan ...
Sunoco LP (SUN) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-10-22 23:21
The latest trading session saw Sunoco LP (SUN) ending at $51.71, denoting a +1.11% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.05%. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.18%.The master limited partnership's stock has dropped by 5.49% in the past month, exceeding the Oils-Energy sector's loss of 9.67% and lagging the S&P 500's gain of 2.76%.The upcoming earnings release of Sunoco LP will be of great ...
Is Sunoco LP (SUN) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-10-09 14:35
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Sunoco LP (SUN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Sunoco LP currently has an average broker ...