About Sunoco LP
Sunoco LP, formerly Susser Petroleum Partners LP, is engaged in the retail sale of motor fuels and merchandise through the Company-operated convenience stores and retail fuel sites, as well as the wholesale distribution of motor fuels to convenience stores, independent dealers, commercial customers and distributors. The Company operates through two segments: wholesale and retail. The Wholesale operations segment sells motor fuel to its retail segment and external customers. The Retail operations segment operates convenience stores selling a range of merchandise, food items, services and motor fuel. It operates over 900 convenience stores and fuel outlets in over eight states. It distributes over 7.6 billion gallons of motor fuel through its convenience stores and consignment locations, contracted independent convenience store operators, and other commercial customers. Its retail convenience stores operate under brands, including Stripes and Aloha Island Mart.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Refining & Marketing
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: SUN
- Previous Close: $28.37
- 50 Day Moving Average: $27.9259
- 200 Day Moving Average: $27.6680
- 52-Week Range: $21.01 - $37.25
- Trailing P/E Ratio: 19.7341
- Foreward P/E Ratio: 18.79
- P/E Growth: 2.6000
- Market Cap: $3.16B
- Outstanding Shares: 111,976,000
- Beta: 0.61
- Net Margins: 1.24%
- Return on Equity: 6.30%
- Return on Assets: 2.27%
Companies Related to Sunoco LP:
- Debt-to-Equity Ratio: 1.59%
- Current Ratio: 1.23%
- Quick Ratio: 0.67%
What is Sunoco LP's stock symbol?
Sunoco LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "SUN."
How often does Sunoco LP pay dividends? What is the dividend yield for Sunoco LP?
Sunoco LP announced a quarterly dividend on Wednesday, February 1st. Investors of record on Monday, February 13th will be given a dividend of $0.8255 per share on Tuesday, February 21st. This represents a $3.30 dividend on an annualized basis and a yield of 11.64%. The ex-dividend date is Thursday, February 9th.
Where is Sunoco LP's stock going? Where will Sunoco LP's stock price be in 2017?
15 brokers have issued 12-month price objectives for Sunoco LP's stock. Their predictions range from $24.00 to $44.00. On average, they expect Sunoco LP's share price to reach $32.58 in the next twelve months.
When will Sunoco LP announce their earnings?
Sunoco LP is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.
What are analysts saying about Sunoco LP stock?
Here are some recent quotes from research analysts about Sunoco LP stock:
FBR & Co analysts commented, "ASNA hosted an investor day on January 18, 2017, where management provided updated enterprise transformation initiatives, which include leveraging ASNA’s centers of excellence within brand services and corporate. ASNA gave details on its new $150M transformational cost savings goal, which it believes is achievable by FY19 and likely beatable. ASNA also gave an update on each brand’s strategy and reiterated guidance provided last week at ICR for EPS of ($0.11)–($0.08)/$0.37– $0.42 in F2Q17/FY17. We are lowering our F2Q17 EPS estimate to ($0.10) from ($0.03) and our FY17 EPS estimate to $0.40 from $0.56." (1/19/2017)
According to Zacks Investment Research, "Sunoco LP operates as a wholesale fuel distributor. It engages in distributing motor fuel to convenience stores, independent dealers, commercial customers and distributors. The Company also operates convenience stores and retail fuel sites. Sunoco LP, formerly known as Susser Petroleum Partners LP, is based in Houston, Texas. " (10/13/2016)
Robert W. Baird analysts commented, "This implies equity issuance or another solution – distribution cuts have been the weapon of choice for overlevered MLPs. In our view, copious leverage that dangles its toes over the covenant edge adds distribution risk and warrants a cautious approach," analyst Ethan Bellamy wrote in a note.Bellamy cut 2016 EBITDA and DCF/unit by 12 percent and 22 percent, respectively, on a 10 percent volume reduction somewhat offset by a 1 percent margin increase.Related Link: Sunoco's Newest Acquisition Could Be A Good Deal After All"We had previously defended SUN on the premise that margins would improve, which they did (+8 percent vs. estimates). But a 13 percent disconnect from our volume forecast ultimately drove a 23 percent miss vs. our DCF/unit, netting to uninspiring 0.95x coverage," (8/4/2016)
Who owns Sunoco LP stock?
Sunoco LP's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Samson Capital Management LLC (0.14%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.12%), Van ECK Associates Corp (0.10%), Raymond James Financial Services Advisors Inc. (0.09%), Pentwater Capital Management LP (0.09%) and Fiera Capital Corp (0.08%).
Who sold Sunoco LP stock? Who is selling Sunoco LP stock?
Sunoco LP's stock was sold by a variety of institutional investors in the last quarter, including Texas Yale Capital Corp., Samson Capital Management LLC, Horizon Kinetics LLC, Keybank National Association OH and Van ECK Associates Corp.
Who bought Sunoco LP stock? Who is buying Sunoco LP stock?
Sunoco LP's stock was bought by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Highland Capital Management LP, Raymond James Financial Services Advisors Inc., Fiera Capital Corp, Private Advisor Group LLC, Ladenburg Thalmann Financial Services Inc., Koch Industries Inc. and CWA Asset Management Group LLC.
How do I buy Sunoco LP stock?
Shares of Sunoco LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Sunoco LP stock cost?
One share of Sunoco LP stock can currently be purchased for approximately $28.37.