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, other fuel distributors, school districts, municipalities, and other industrial customers. It owns and operates retail stores under the APlus and Aloha Island Mart brand names; and offers food, beverages, snacks, grocery and non-food merchandise, motor fuels, and other services. The All Other segment includes partnership credit card services, franchise royalties, and retail operations; and offers credit card processing, car washes, lottery, automated teller machines, money order, prepaid phone cards, and wireless services. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in 2014. Sunoco LP was founded in 1886 and is headquartered in Dallas, Texas.
On average, Wall Street analysts predict that Sunoco's share price could reach $61.88 by Jul 10, 2025. The average Sunoco stock price prediction forecasts a potential upside of 8.27% from the current SUN share price of $57.15.
The ownership structure of Sunoco (SUN) stock is a mix of institutional, retail and individual investors. Approximately 22.07% of the company's stock is owned by Institutional Investors, 58.40% is owned by Insiders and 19.52% is owned by Public Companies and Individual Investors.
With modest revenue growth of 2.56 % within Overall company, Sunoco Lp managed to improve its market share within this segment to approximately 1.38 %.
At March 31, 2024, SUN had long-term debt of $3.8 billion. The Partnership maintained liquidity of approximately $870 million at the end of the quarter under its $1.5 billion revolving credit facility.
Seven & i Holdings Co. said it agreed to pay $950 million to buy the Sunoco LP gas stations and convenience stores in the US it doesn't already own as it seeks to boost growth abroad.
Largest shareholders include Alps Advisors Inc, AMLP - ALERIAN MLP ETF, MLPRX - Invesco Oppenheimer SteelPath MLP Income Fund Class C, Goldman Sachs Group Inc, MLPA - Global X MLP ETF, Blackstone Group Inc, GLPAX - Goldman Sachs MLP Energy Infrastructure Fund Class A Shares, Bowen Hanes & Co Inc, UBS Group AG, and ...
Sunoco LP net profit margin as of March 31, 2024 is 2.08%. Sunoco LP is a master limited partnership. The partnership's prime business comprises the distribution of motor fuel to customers that include independent dealers, commercial customers, convenience stores as well as distributors.
Sunoco announced the completion of the acquisition of NuStar. The merger was approved by NuStar unitholders at its Special Meeting held on May 1, 2024.
Sunoco LP has an annual dividend of $3.50 per share, with a forward yield of 6.23%. The dividend is paid every three months and the last ex-dividend date was May 10, 2024.
The Sunoco LP stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Sunoco goes above and beyond just meeting EPA (U.S. Environmental Protection Agency) regulations. Sunoco doesn't exceed expectation just for commercial fuel or just for retail. The same standards apply to every gallon of Sunoco branded fuel.
According to our current GSUN stock forecast, the value of Golden Sun Education Group Limited shares will rise by 14.88% and reach $ 8.43 per share by July 17, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 39 (Fear).
Address: 359 Kelvin Stream, Lake Eldonview, MT 33517-1242
Phone: +577037762465
Job: Product Hospitality Supervisor
Hobby: Gardening, Web surfing, Video gaming, Amateur radio, Flag Football, Reading, Table tennis
Introduction: My name is Manual Maggio, I am a thankful, tender, adventurous, delightful, fantastic, proud, graceful person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
