Sunoco LP (SUN) closed the latest trading day at $53.37, indicating a -0.74% change from the previous session's end. This change lagged the S&P 500's 0.19% loss on the day. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, added 0.04%. Prior to today's trading, shares of the master limited partnership had 0% over the past month. This has was narrower than the Oils-Energy sector's loss of 0.03% and lagged the S&P 500's gain of 1.95% in that time. The investment community will be closely monit ...

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 ...

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 ...

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) 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 ...

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 ...

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 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 ...

Sunoco LP (SUN) reported second-quarter 2024 earnings per share (EPS) of $3.85, which beat the Zacks Consensus Estimate of $1.79. The bottom line also increased from the year-ago quarter's level of $0.78. Total quarterly revenues of $6.17 billion beat the Zacks Consensus Estimate of $5.49 billion. The top line increased from $5.75 billion reported a year ago. The strong quarterly results were largely driven by higher contributions across all segments and a boost in fuel sales, which were further enhanced by ...

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: June 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 organization) ...