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 |
3 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)
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
SC 13G - Sunoco LP (0001552275) (Subject)
SC 13G/A - Sunoco LP (0001552275) (Subject)
SC 13G/A - Sunoco LP (0001552275) (Subject)
10-Q - Sunoco LP (0001552275) (Filer)
8-K - Sunoco LP (0001552275) (Filer)
8-K/A - Sunoco LP (0001552275) (Filer)
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
Energy Transfer LP (NYSE:ET) today announced an increase in its quarterly cash distribution to $0.32 per Energy Transfer common unit ($1.28 on an annualized basis) for the second quarter ended June 30, 2024. This cash distribution per Energy Transfer common unit will be paid on August 19, 2024 to unitholders of record as of the close of business on August 9, 2024, and is an increase of 3.2 percent as compared to the second quarter of 2023. In addition, as previously announced, Energy Transfer plans to release earnings for the second quarter of 2024 on Wednesday, August 7, 2024, after the market closes. The company will also conduct a conference call on Wednesday, August 7, 2024 at 3:30
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
Selling Unitholders Will Receive All Proceeds of Offering Energy Transfer LP ("Energy Transfer" or the "Partnership") (NYSE:ET) today announced the pricing of an underwritten secondary public offering of an aggregate of 38,755,996 of its common units representing limited partner interests (the "common units"), at a price to the public of $15.78 per unit, by WTG Midstream LLC and an affiliate of Stonepeak (the "Selling Unitholders"). The Selling Unitholders will receive all proceeds from the offering. Energy Transfer will not sell any common units in the offering and will not receive any proceeds therefrom. Certain officers and directors of the Partnership's general partner, LE GP, LLC (
Selling Unitholders Will Receive All Proceeds of Offering Energy Transfer LP ("Energy Transfer" or the "Partnership") (NYSE:ET) today announced the commencement of an underwritten secondary public offering of an aggregate of 38,755,996 of its common units representing limited partner interests (the "common units"), by WTG Midstream LLC and an affiliate of Stonepeak (the "Selling Unitholders"). The Selling Unitholders will receive all proceeds from the offering. Energy Transfer will not sell any common units in the offering and will not receive any proceeds therefrom. Barclays is serving as the underwriter for the offering. The offering is subject to market and other conditions, and th
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
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,
4 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)
4 - Sunoco LP (0001552275) (Issuer)