Sunoco LP(SUN)

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Sunoco LP (SUN) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-07-26 23:05
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Sunoco LP (SUN) closed the most recent trading day at $54.83, moving +0.59% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 1.11%. Meanwhile, the Dow gained 1.64%, and the Nasdaq, a tech-heavy index, added 1.03%. Analysts and investors alike will be keeping a close eye on the performance of Sunoco LP in its upcoming earnings disclosure ...
Sunoco LP Maintains Quarterly Distribution
Prnewswire· 2024-07-25 20:15
DALLAS, July 25, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the second quarter of 2024 of $0.8756 per common unit or $3.5024 per common unit on an annualized basis. The distribution will be paid on August 19, 2024 to common unitholders of record on August 9, 2024. About Sunoco LP Sunoco LP (NYSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating in over ...
Is Sunoco (SUN) a Buy Post Strategic Permian Basin JV?
ZACKS· 2024-07-24 14:16
Last week, Sunoco LP (SUN) entered into a joint venture (JV) with Energy Transfer LP (ET) to consolidate their crude oil and produced water-gathering assets in the Permian, the most prolific basin in the United States. The JV, effective as of Jul 1, 2024, will immediately enhance the distributable cash flow per unit. This development is coupled with SUN's stable business model and predictable fee-based cash flows, which suggests a promising outlook for the master limited partnership. The critical question n ...
Are Investors Undervaluing Sunoco (SUN) Right Now?
ZACKS· 2024-07-23 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. One company to watch right now is Sunoco (SUN) . SUN is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 7.94. This compares to its industr ...
Sunoco LP (SUN) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-07-22 23:21
The latest trading session saw Sunoco LP (SUN) ending at $57.31, denoting a -0.73% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.08%. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq appreciated by 1.58%. It is also important to note the recent changes to analyst estimates for Sunoco LP. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analy ...
Sunoco LP (SUN) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-16 23:05
In the latest trading session, Sunoco LP (SUN) closed at $58.53, marking a +1.19% move from the previous day. This change outpaced the S&P 500's 0.64% gain on the day. At the same time, the Dow added 1.85%, and the tech-heavy Nasdaq gained 0.2%. Analysts and investors alike will be keeping a close eye on the performance of Sunoco LP in its upcoming earnings disclosure. The company's earnings report is set to go public on August 7, 2024. The company is forecasted to report an EPS of $1.82, showcasing a 133.3 ...
Energy Transfer and Sunoco Announce Strategic Permian Basin Crude Oil Joint Venture
Prnewswire· 2024-07-16 13:10
Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute all of its Permian crude oil gathering assets and operations to the joint venture. Energy Transfer's long-haul crude pipeline network that provides transportation of crude oil out of the Permian Basin to Nederland, Houston, and Cushing is excluded from the joint venture. The formation of the joint venture has an effective date of July ...
Sunoco LP (SUN) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-07-15 23:20
Sunoco LP (SUN) closed at $57.84 in the latest trading session, marking a +1.21% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.4%. The investment community will be closely monitoring the performance of Sunoco LP in its forthcoming earnings report. The company is scheduled to release its earnings on August 7, 2024. On that day, Sunoco LP is projected to report earnings of ...
Sunoco LP Announces Second Quarter 2024 Earnings Release and Call Timing
Prnewswire· 2024-07-09 20:15
By Phone: Dial 877-407-6184 (toll free) or 201-389-0877 at least 10 minutes before the call. A replay will be available through August 14, 2024 by dialing 877-660-6853 (toll free) or 201-612-7415 and using the conference ID 13747627. About Sunoco LP Scott Grischow Treasurer, Senior Vice President – Finance (214) 840-5660 [email protected] 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 ...
Sunoco LP (SUN) Declines More Than Market: Some Information for Investors
ZACKS· 2024-06-28 23:05
Sunoco LP (SUN) closed the most recent trading day at $56.54, moving -0.75% from the previous trading session. This change lagged the S&P 500's 0.41% loss on the day. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 0.71%. Investors will be eagerly watching for the performance of Sunoco LP in its upcoming earnings disclosure. The company is expected to report EPS of $1.82, up 133.33% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.49 ...