Sunoco LP(SUN)

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PRINCESS CRUISES RECOGNIZED WITH CONDÉ NAST TRAVELER'S 2024 READERS' CHOICE AWARD #1 in MEGA CRUISE IN THE UNITED STATES FOR SUN PRINCESS
Prnewswire· 2024-10-01 13:30
Princess Cruises Also Secures Top 5 Ranking for Large Ships Fleetwide Annual Awards Recognize the World's Best Hotels, Cruises, Countries, Cities, Resorts, Trains, Airlines, Airports, Spas, Islands, Luggage, Villas, and Tour Operators FT. LAUDERDALE, Fla., Oct. 1, 2024 /PRNewswire/ -- Condé Nast Traveler today announced the results of its annual Readers' Choice Awards with Princess Cruises, and its newest ship, Sun Princess, recognized as the #1 in Mega Cruise in the United States. In addition to this top h ...
Why the Market Dipped But Sunoco LP (SUN) Gained Today
ZACKS· 2024-09-27 23:06
Sunoco LP (SUN) ended the recent trading session at $53.13, demonstrating a +0.08% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.13%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.39%. Heading into today, shares of the master limited partnership had lost 3.16% over the past month, outpacing the Oils-Energy sector's loss of 4.69% and lagging the S&P 500's gain of 2.43% in that time. The investment commu ...
Sunoco-NuStar Transformation Will Fuel Growth And Secure Dividend
Seeking Alpha· 2024-09-26 17:00
Sunoco LP (NYSE: SUN ) is a midstream oil and gas master limited partnership (MLP) with a broad wholesale and retail fuel distribution network primarily serving convenience stores, dealers, and commercial customers in the US. SUN operates in over 40 US states, Puerto Rico, Europe, and Earnings analysis of individual stocks and macro analysis of broad asset class, sector and country-specific funds to discover trends using a top-down approach. For more content visit my website or follow me on Twitter (@MTSIns ...
Is SUN's Premium Valuation Justified? Time to Buy, Sell, or Hold?
ZACKS· 2024-09-25 19:45
Sunoco LP (SUN) is currently considered expensive on a relative basis, with the stock trading at a 17.84x trailing 12-month enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), which is at a premium compared with the broader industry average of 10.43x. A premium valuation generally indicates that the market has strong confidence in the partnership's prospects. However, this necessitates scrutiny to determine if this higher price is warranted. Zacks Investment Resea ...
Sunoco LP (SUN) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-09-19 23:06
The latest trading session saw Sunoco LP (SUN) ending at $53.51, denoting a -0.83% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.7% for the day. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%. Prior to today's trading, shares of the master limited partnership had gained 1.35% over the past month. This has outpaced the Oils-Energy sector's loss of 2.52% and the S&P 500's gain of 1.27% in that time. The investment communi ...
How To Earn $500 A Month From Sunoco Stock
Benzinga· 2024-09-16 12:30
Sunoco LP SUN shares closed slightly higher during Friday's session. On Sept. 4, JP Morgan analyst Jeremy Tonet maintained Sunoco with an Overweight rating and raised the price target from $61 to $63. Sunoco, on Aug. 7, reported quarterly earnings of $3.85 per share which beat the analyst consensus estimate of $1.30 per share. The company reported quarterly sales of $6.174 billion which beat the analyst consensus estimate of $5.822 billion, according to data from Benzinga Pro. With the recent buzz around Su ...
Sunoco LP (SUN) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-09-13 23:06
Sunoco LP (SUN) closed at $53.50 in the latest trading session, marking a +0.36% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.72%, while the tech-heavy Nasdaq added 0.65%. Heading into today, shares of the master limited partnership had gained 2.32% over the past month, outpacing the Oils-Energy sector's loss of 3.91% and lagging the S&P 500's gain of 4.86% in that time. The investment community will be closely monitoring the perfor ...
Zacks Industry Outlook Targa, Sunoco and CrossAmerica Partners
ZACKS· 2024-09-09 09:15
For Immediate Release Chicago, IL – September 9, 2024 – Today, Zacks Equity Research discusses, Targa Resources (TRGP) , Sunoco LP (SUN) and CrossAmerica Partners LP (CAPL) . Industry: Refining and Marketing - MLP Link: https://www.zacks.com/commentary/2332556/watch-for-these-3-refining-marketing-mlp-stocks-trgp-suncapl In recent quarters, fuel margins for companies in the Zacks Oil and Gas - Refining & Marketing MLP industry have declined, falling significantly below the peak levels seen in 2022. Although ...
Why Is Sunoco LP (SUN) Down 0.8% Since Last Earnings Report?
ZACKS· 2024-09-06 16:37
It has been about a month since the last earnings report for Sunoco LP (SUN) . Shares have lost about 0.8% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Sunoco LP due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Sunoco Q2 Earnings Beat Estimates Sunoco LP report ...
Sunoco Shares Gain 29% in a Year: How Should You Play the Stock?
ZACKS· 2024-08-26 19:45
Sunoco LP (SUN) units have gained 29.3% over the past year, which, though encouraging, lags the 58.1% growth of the broader industry. Sunoco's business model is stable and resilient, underpinned by its operation of one of the largest fuel distribution networks in the United States. This strength is evident in its price performance. However, the company's significant reliance on debt capital may have hindered its stock price movement, resulting in its underperformance relative to its industry peers. One-Year ...