Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates in two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and oil companies and supplies it to independently operated dealer stations, distributors and other consumer of motor fuel, and partnership operated stations, as well as to commission agent locations. The All Other segment operates retail stores that offer motor fuel, merchandise, foodservice, and other services that include credit card processing, car washes, lottery, automated teller machines, money orders, prepaid phone cards, and wireless services. It also leases and subleases real estate properties; and operates terminal facilities on the Hawaiian Islands. As of December 31, 2020, the company operated 78 retail stores in Hawaii and New Jersey. Sunoco GP LLC serves as the general partner of the company. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in October 2014. Sunoco LP was incorporated in 2012 and is headquartered in Dallas, Texas.
IPO Year: 2012
Exchange: NYSE
Website: sunocolp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/18/2024 | $65.00 | Neutral → Buy | Citigroup |
| 6/10/2024 | $61.00 | Overweight | Barclays |
| 6/7/2024 | $62.00 | Hold → Buy | Stifel |
| 6/5/2024 | $60.00 → $61.00 | Overweight | JP Morgan |
| 6/4/2024 | $60.00 → $59.00 | Neutral → Buy | Mizuho |
| 2/27/2024 | $65.00 | Buy → Neutral | Citigroup |
| 2/20/2024 | $62.00 | Buy → Hold | Stifel |
| 1/24/2024 | $65.00 | Neutral → Buy | Citigroup |
| 9/29/2023 | $53.00 | Buy → Neutral | Mizuho |
| 12/16/2022 | $43.00 → $47.00 | Underweight → Equal Weight | Wells Fargo |
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Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measu
All financial figures are in Canadian dollars.Calgary, Alberta--(Newsfile Corp. - November 12, 2024) - Suncor Energy's (TSX:SU) (NYSE:SU) Board of Directors has approved a quarterly dividend of $0.57 per common share, representing an approximate increase of 5% over the prior quarterly dividend. "Sustained operational improvements across our asset base, the continued realization of free funds flow improvements as well as meaningful share buybacks have driven stronger free funds flow per share," said Rich Kruger, Suncor President and Chief Executive Officer. "The Board of Directors' confidence in improving operating performance and the strengthening of our financial position supports increasin
Energy Transfer LP (NYSE:ET) ("Energy Transfer" or the "Partnership") today reported financial results for the quarter ended September 30, 2024. Energy Transfer reported net income attributable to partners for the three months ended September 30, 2024 of $1.18 billion. For the three months ended September 30, 2024, net income per common unit (basic) was $0.33. Adjusted EBITDA for the three months ended September 30, 2024 was $3.96 billion compared to $3.54 billion for the three months ended September 30, 2023. Distributable Cash Flow attributable to partners, as adjusted, for the three months ended September 30, 2024 was $1.99 billion, an increase of $4 million from the three months ende
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 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(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 includes approximately $14 million of one-time transaction-related expenses
Energy Transfer LP (NYSE:ET) today announced an increase in its quarterly cash distribution to $0.3225 per Energy Transfer common unit ($1.29 on an annualized basis) for the third quarter ended September 30, 2024. This cash distribution per Energy Transfer common unit will be paid on November 19, 2024 to unitholders of record as of the close of business on November 8, 2024, and is an increase of 3.2 percent as compared to the third quarter of 2023. In addition, as previously announced, Energy Transfer plans to release earnings for the third quarter of 2024 on Wednesday, November 6, 2024, after the market closes. The company will also conduct a conference call on Wednesday, November 6, 202
Calgary, Alberta--(Newsfile Corp. - October 22, 2024) - Suncor Energy (TSX:SU) (NYSE:SU) will release its third quarter financial results on November 12, 2024 before 5:00 p.m. MT (7:00 p.m. ET).A webcast to review the third quarter will be held on November 13, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. Troy Little, Senior Vice President, External Affairs will host the call.To listen to the webcast, please join here.If you are an analyst and would like to participate in the Q&A period, please
DALLAS, Oct. 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE:SUN) ("SUN") announced that it will release its third quarter 2024 financial and operating results before the market opens on Wednesday, November 6, 2024. Management will hold a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss SUN's results. 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 November 13, 2024 by dialing 877-660-6853 (toll free) or 201-612-7415 and using the conference ID 13749384. By Webc
Energy Transfer LP (NYSE:ET) today announced that it plans to release earnings for the third quarter of 2024 on Wednesday, November 6, 2024, after the market closes. The company will also conduct a conference call on Wednesday, November 6, 2024 at 3:30 p.m. Central Time/4:30 p.m. Eastern Time to discuss quarterly results and provide a company update. The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer's website at energytransfer.com. The call will also be available for replay on Energy Transfer's website for a limited time. Energy Transfer LP (NYSE:ET) owns and operates one of the largest and most diversified portfolios of energy as
Energy Transfer LP (NYSE:ET) ("Energy Transfer" or the "Partnership") today reported financial results for the quarter ended June 30, 2024. Energy Transfer reported net income attributable to partners for the three months ended June 30, 2024 of $1.31 billion. For the three months ended June 30, 2024, net income per common unit (basic) was $0.35. Adjusted EBITDA for the three months ended June 30, 2024 was $3.76 billion compared to $3.12 billion for the three months ended June 30, 2023. Adjusted EBITDA for the current quarter includes more than $80 million of transaction-related expenses incurred by the Partnership and Sunoco LP. Distributable Cash Flow attributable to partners, as adj
Reports record second quarter net income of $501 million and Adjusted EBITDA(1), excluding transaction-related expenses(2), of $400 millionCompletes the acquisition of NuStar Energy L.P. on May 3, 2024 and the divestiture of 204 convenience stores to 7-Eleven, Inc. on April 16, 2024; results for the second quarter of 2024 reflect the impact of these two transactionsReaffirms full year 2024 Adjusted EBITDA(1)(3) guidance of $1.46 billion to $1.52 billion, excluding synergies and transaction-related expenses(2)Increases NuStar commercial and expense synergies to $200 million and financial synergies to $60 millionForms a joint venture in the Permian Basin with Energy TransferEnters into a defin
10-Q - Sunoco LP (0001552275) (Filer)
8-K - Sunoco LP (0001552275) (Filer)
8-K - Sunoco LP (0001552275) (Filer)
S-3ASR - Sunoco LP (0001552275) (Filer)
8-K - Sunoco LP (0001552275) (Filer)
10-Q - Sunoco LP (0001552275) (Filer)
8-K - Sunoco LP (0001552275) (Filer)
8-K/A - Sunoco LP (0001552275) (Filer)
8-K - Sunoco LP (0001552275) (Filer)
8-K - Sunoco LP (0001552275) (Filer)
4 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measu
All financial figures are in Canadian dollars.Calgary, Alberta--(Newsfile Corp. - November 12, 2024) - Suncor Energy's (TSX:SU) (NYSE:SU) Board of Directors has approved a quarterly dividend of $0.57 per common share, representing an approximate increase of 5% over the prior quarterly dividend. "Sustained operational improvements across our asset base, the continued realization of free funds flow improvements as well as meaningful share buybacks have driven stronger free funds flow per share," said Rich Kruger, Suncor President and Chief Executive Officer. "The Board of Directors' confidence in improving operating performance and the strengthening of our financial position supports increasin
Energy Transfer LP (NYSE:ET) ("Energy Transfer" or the "Partnership") today reported financial results for the quarter ended September 30, 2024. Energy Transfer reported net income attributable to partners for the three months ended September 30, 2024 of $1.18 billion. For the three months ended September 30, 2024, net income per common unit (basic) was $0.33. Adjusted EBITDA for the three months ended September 30, 2024 was $3.96 billion compared to $3.54 billion for the three months ended September 30, 2023. Distributable Cash Flow attributable to partners, as adjusted, for the three months ended September 30, 2024 was $1.99 billion, an increase of $4 million from the three months ende
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 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(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 includes approximately $14 million of one-time transaction-related expenses
DALLAS, Oct. 28, 2024 /PRNewswire/ -- Sunoco LP (NYSE:SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the third 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 November 19, 2024 to common unitholders of record on November 8, 2024. About Sunoco LP Sunoco LP (NYSE:SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's mid
Energy Transfer LP (NYSE:ET) today announced an increase in its quarterly cash distribution to $0.3225 per Energy Transfer common unit ($1.29 on an annualized basis) for the third quarter ended September 30, 2024. This cash distribution per Energy Transfer common unit will be paid on November 19, 2024 to unitholders of record as of the close of business on November 8, 2024, and is an increase of 3.2 percent as compared to the third quarter of 2023. In addition, as previously announced, Energy Transfer plans to release earnings for the third quarter of 2024 on Wednesday, November 6, 2024, after the market closes. The company will also conduct a conference call on Wednesday, November 6, 202
Energy Transfer LP ("ET") today announced the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE:ETPRI). The cash distribution for the Series I unitholders will be paid on November 14, 2024 to Series I unitholders of record as of the close of business on November 4, 2024. Energy Transfer LP (NYSE:ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 130,000 miles of pipeline and associated energy infrastructure. Energy Transfer's strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations
Calgary, Alberta--(Newsfile Corp. - October 22, 2024) - Suncor Energy (TSX:SU) (NYSE:SU) will release its third quarter financial results on November 12, 2024 before 5:00 p.m. MT (7:00 p.m. ET).A webcast to review the third quarter will be held on November 13, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. Troy Little, Senior Vice President, External Affairs will host the call.To listen to the webcast, please join here.If you are an analyst and would like to participate in the Q&A period, please
Calgary, Alberta--(Newsfile Corp. - October 3, 2024) - Suncor Energy Inc. (TSX:SU) (NYSE:SU) ("Suncor") announced today the total consideration payable in connection with its previously announced tender offers (the "Tender Offers") to purchase for cash: (i) up to C$1,000,000,000 aggregate principal amount (the "Pool 1 Maximum Amount"), of its 6.50% Notes due 2038 and 6.80% Notes due 2038 (collectively, the "Pool 1 Notes") and (ii) up to C$100,000,000 aggregate principal amount (the "Pool 2 Maximum Amount" and, together with the Pool 1 Maximum Amount, the "Maximum Amounts"), of its 3.10% Series 6 Medium Term Notes due 2029, 3.00% Series 5 Medium Term Notes due 2026, 6.00% Notes due 2042, 5.35
DALLAS, Oct. 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE:SUN) ("SUN") announced that it will release its third quarter 2024 financial and operating results before the market opens on Wednesday, November 6, 2024. Management will hold a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss SUN's results. 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 November 13, 2024 by dialing 877-660-6853 (toll free) or 201-612-7415 and using the conference ID 13749384. By Webc
Citigroup upgraded Sunoco LP from Neutral to Buy and set a new price target of $65.00
Barclays resumed coverage of Sunoco LP with a rating of Overweight and set a new price target of $61.00
Stifel upgraded Sunoco LP from Hold to Buy and set a new price target of $62.00
JP Morgan resumed coverage of Sunoco LP with a rating of Overweight and set a new price target of $61.00 from $60.00 previously
Mizuho upgraded Sunoco LP from Neutral to Buy and set a new price target of $59.00 from $60.00 previously
Citigroup downgraded Sunoco LP from Buy to Neutral and set a new price target of $65.00
Stifel downgraded Sunoco LP from Buy to Hold and set a new price target of $62.00
Citigroup upgraded Sunoco LP from Neutral to Buy and set a new price target of $65.00
Mizuho downgraded Sunoco LP from Buy to Neutral and set a new price target of $53.00
Wells Fargo upgraded Sunoco LP from Underweight to Equal Weight and set a new price target of $47.00 from $43.00 previously
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Energy Transfer LP (NYSE:ET) ("Energy Transfer") and Sunoco LP (NYSE:SUN) ("Sunoco") today announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716166218/en/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
Barclays analyst Theresa Chen maintains Sunoco (NYSE:SUN) with a Overweight and lowers the price target from $61 to $60.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Goldman Sachs analyst Alexander Duval upgraded the rating for STMicroelectronics N.V. (NYSE:STM) from Sell to Neutral, while raising the price target from $35.5 to $45.8. STMicroelectronics shares fell 0.2% to trade at $43.01 on Tuesday. See how other analysts view this stock. BMO Capital analyst Kelly Bania upgraded The Kroger Co. (NYSE:KR) from Market Perform to Outperform and increased the price target from $58 to $60. Kroger shares gained 2.2% to trade at $52.19 on Tuesday. See how
Citigroup analyst Spiro Dounis upgrades Sunoco (NYSE:SUN) from Neutral to Buy and announces $65 price target.
Barclays analyst Theresa Chen reinstates Sunoco (NYSE:SUN) with a Overweight and announces $61 price target.
Stifel analyst Selman Akyol upgraded Sunoco LP (NYSE:SUN) to Buy from Hold and maintained a price target of $62.00. The analyst writes that Sunoco’s unit price has dropped by 13% since mid-February, presenting an attractive re-entry point. Akyol notes that management’s upcoming guidance, expected around second-quarter FY24 earnings, could catalyze the unit price. This guidance will likely offer a comprehensive update on the 2024 outlook for its legacy business, NuStar assets, and potential synergies, stated analyst. While the analyst do not foresee changes to the IDR structure, they expect Sunoco to derive additional value from the NuStar assets, potentially with Energy Transfer
4 analysts have expressed a variety of opinions on Sunoco (NYSE:SUN) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $61.0, a high estimate of $62.00, and a low estimate of $59.00. This upward trend
Stifel analyst Selman Akyol upgrades Sunoco (NYSE:SUN) from Hold to Buy and maintains the price target from $62 to $62.
JP Morgan analyst Jeremy Tonet assumes Sunoco (NYSE:SUN) with a Overweight rating and raises Price Target to $61.
Sunoco LP (NYSE:SUN) reported strong results for the first quarter. The stock has underperformed since March, down 22%, despite the company's "fundamental tailwinds," according to Mizuho Securities. The Sunoco Analyst: Gabriel Moreen upgraded the rating for Sunoco from Neutral to Buy. Moreen also raised the price target from $60 to $59. The Sunoco Thesis: While there were some concerns around the NuStar acquisition being a good fit for Sunoco's fuel distribution footprint, this does not justify the stock's underperformance, Moreen said in the upgrade note. Check out other analyst stock ratings. As a result, the current valuation of the stock does not reflect the robustness of
CFO of Private Investment Firm Brings Strategic Growth and Operations Execution Experience, Aligning with the Partnership's Goals Global Partners LP (NYSE:GLP) today announced the appointment of Ms. Clare McGrory to the Board of Directors of its general partner, Global GP LLC, effective March 1. Ms. McGrory is the Chief Financial Officer (CFO) and Chief Compliance Officer (CCO) as well as a Partner at Atairos, a $6 billion independent strategic investment firm focused on backing growth-oriented businesses across a wide range of industries. Clare joined Atairos after 13 years of experience in the energy industry, including serving as the Chief Financial Officer, EVP, and Treasurer of Sunoc
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced that Bradford D. (Brad) Whitehurst has been named as Chief Financial Officer effective immediately. Whitehurst, age 46, brings 20 years of experience to the position having served most recently as Executive Vice President and Head of Tax for the Dallas-based midstream company. In addition to overseeing all of Energy Transfer’s taxation functions, Whitehurst has also been responsible for managing Energy Transfer’s Information Technology and Business Optimization divisions since joining the Partnership in 2014. He also serves on Energy Transfer’s Investment Committee and is a director of USA Compression Partners,