Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents
About SUN Financial Performance Analyst Forecast News 3 High-Yield Dividend Stocks That Executives Love Sunoco LP Announces Participation in J.P. Morgan's Energy, Power, and Renewables Conference Sunoco LP and NuStar Energy L.P. 2023 Schedule K-3s Now Available Sunoco LP Announces First Quarter 2024 Financial and Operating Results Sunoco LP Announces Purchase of NuStar Preferred Units and Full Redemption of NuStar Logistics Subordinated Notes Tortoise Announces Revision of Treatment of Constituent Changes Due to Corporate Action Sunoco LP Completes Acquisition of NuStar Energy L.P.; Announces a 4% Increase in Quarterly Distribution Tortoise Announces Constituent Changes Due to Corporate Action Sunoco LP and NuStar Energy L.P. Announce NuStar's Unitholder Approval of the Sunoco Transaction Sunoco LP Completes Acquisition of European Liquid Fuels Terminals and Divestiture of West Texas Assets; Reaffirms 2024 Adjusted EBITDA Guidance Range Sunoco LP Announces Pricing of Private Offering of Senior Notes Sunoco LP Announces Private Offering of Senior Notes Sunoco LP and NuStar Energy L.P. Announce Expiration of Hart-Scott-Rodino Act Waiting Period Sunoco LP Announces First Quarter 2024 Earnings Release and Call Timing Sunoco LP Files 2023 Annual Report on Form 10-K Sunoco LP Announces Fourth Quarter and Full Year 2023 Financial and Operating Results Sunoco LP Maintains Quarterly Distribution ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of NuStar Energy L.P. Sunoco Buys NuStar in $7.3 Billion Deal. It's Another Big Energy Merger. Sunoco to Buy NuStar Energy in $7.3 Billion Deal Sunoco to buy NuStar Energy in all-stock deal of $7.3 billion Sunoco and NuStar to combine in all-stock deal valued at about $7.3 billion including debt Sunoco LP to Acquire NuStar Energy L.P. in Transaction Valued at $7.3 Billion Sunoco LP to Acquire NuStar Energy L.P., in Transaction Valued at $7.3 Billion Sunoco LP Announces Fourth Quarter and Full Year 2023 Earnings Release and Call Timing References

NYSE: SUN · IEX Real-Time Price · USD

56.57

+0.32 (0.57%)

At close: Jun 25, 2024, 4:00 PM

56.40

-0.17 (-0.30%)

Pre-market: Jun 26, 2024, 6:11 AM EDT

0.57% (1D)

Market Cap 8.57B
Revenue (ttm) 23.21B
Net Income (ttm) 483.00M
Shares Out 151.48M
EPS (ttm) 4.50
PE Ratio 12.57
Forward PE 8.70
Dividend $3.50 (6.19%)
Ex-Dividend Date May 10, 2024
Volume 563,717
Open 56.04
Previous Close 56.25
Day's Range 55.41 - 56.88
52-Week Range 43.00 - 64.89
Beta 1.28
Analysts Buy
Price Target 62.00 (+9.6%)
Earnings Date Jul 31, 2024

About SUN

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... [Read more]

Industry

Sector Energy

CEO Joseph Kim

Employees 2,389

Stock Exchange NYSE

Ticker Symbol SUN

Full Company Profile

Financial Performance

In 2023, Sunoco LP's revenue was $23.07 billion, a decrease of -10.34% compared to the previous year's $25.73 billion. Earnings were $394.00 million, a decrease of -17.05%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SUN stock is "Buy." The 12-month stock price forecast is $62.0, which is an increase of 9.60% from the latest price.

Price Target

$62.0

(9.60% upside)

Analyst Consensus: Buy

Stock Forecasts

News

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (1)

3 High-Yield Dividend Stocks That Executives Love

Who cares what financial “pundits” are yapping about? Show us the money.

Other symbols: CMTGGRNT

2 days ago - Forbes

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (2)

Sunoco LP Announces Participation in J.P. Morgan's Energy, Power, and Renewables Conference

DALLAS , June 17, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its participation in J.P. Morgan's 2024 Energy, Power, and Renewables Conference.

Other symbols: ET

8 days ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (3)

Sunoco LP and NuStar Energy L.P. 2023 Schedule K-3s Now Available

DALLAS , June 6, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that Sunoco LP and NuStar Energy Partners, L.P. 2023 Schedule K-3s reflecting items of internat...

Other symbols: ET

19 days ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (4)

Sunoco LP Announces First Quarter 2024 Financial and Operating Results

Reports record first quarter net income of $230 million and Adjusted EBITDA(1) of $242 million Increases full year 2024 Adjusted EBITDA(1)(2) guidance to $1.46 billion to $1.52 billion, to include the...

Other symbols: ET

6 weeks ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (5)

Sunoco LP Announces Purchase of NuStar Preferred Units and Full Redemption of NuStar Logistics Subordinated Notes

DALLAS , May 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that, on June 3, 2024 (the "Redemption Date"), (a) SUN will purchase all outstanding units of (i...

Other symbols: ET

7 weeks ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (6)

Tortoise Announces Revision of Treatment of Constituent Changes Due to Corporate Action

OVERLAND PARK, KS / ACCESSWIRE / May 3, 2024 / Tortoise today announced a revision to the corporate action treatment for the Tortoise North American Pipeline IndexSM (TNAP). As previously stated, NuSt...

Other symbols: VNOM

7 weeks ago - Accesswire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (7)

Sunoco LP Completes Acquisition of NuStar Energy L.P.; Announces a 4% Increase in Quarterly Distribution

DALLAS , May 3, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced the completion of the acquisition of NuStar Energy L.P. ("NuStar") and a 4% increase in its quarterly distribution.

Other symbols: ET

7 weeks ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (8)

Tortoise Announces Constituent Changes Due to Corporate Action

OVERLAND PARK, KS / ACCESSWIRE / May 2, 2024 / Tortoise today announced that NuStar Energy LP (NYSE:NS) will be removed from the Tortoise MLP Index ® (TMLP) and the Tortoise North American Pipeline In...

Other symbols: VNOM

7 weeks ago - Accesswire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (9)

Sunoco LP and NuStar Energy L.P. Announce NuStar's Unitholder Approval of the Sunoco Transaction

DALLAS , May 1, 2024 /PRNewswire/ --Sunoco LP (NYSE: SUN) ("Sunoco" or "SUN") and NuStar Energy L.P. (NYSE: NS) ("NuStar" or "NS") announced the approval by NuStar unitholders of the previously annou...

Other symbols: ET

7 weeks ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (10)

Sunoco LP Completes Acquisition of European Liquid Fuels Terminals and Divestiture of West Texas Assets; Reaffirms 2024 Adjusted EBITDA Guidance Range

DALLAS , April 17, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced the completion of the acquisition of liquid fuels terminals from Zenith Energy and the divest...

Other symbols: ET

2 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (11)

Sunoco LP Announces Pricing of Private Offering of Senior Notes

DALLAS , April 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced that it has priced at 100% a private offering (the "offering") of 7.000% senior notes due 2029 in an aggregate ...

Other symbols: ET

2 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (12)

Sunoco LP Announces Private Offering of Senior Notes

DALLAS , April 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced a private offering (the "offering") of senior notes due 2029 in an aggregate principal amount of $750 million (...

Other symbols: ET

2 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (13)

Sunoco LP and NuStar Energy L.P. Announce Expiration of Hart-Scott-Rodino Act Waiting Period

DALLAS , April 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or "SUN") and NuStar Energy L.P. (NYSE: NS) ("NuStar" or "NS") today announced the expiration of the waiting period under the Har...

2 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (14)

Sunoco LP Announces First Quarter 2024 Earnings Release and Call Timing

DALLAS , April 5, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its first quarter 2024 financial and operating results before the market opens on Wednesday, May 8, ...

Other symbols: ET

2 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (15)

Sunoco LP Files 2023 Annual Report on Form 10-K

DALLAS , Feb. 16, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") on February 16, 2024, filed operational and financial results for the fiscal year ended December 31, 2023, on ...

Other symbols: ET

4 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (16)

Sunoco LP Announces Fourth Quarter and Full Year 2023 Financial and Operating Results

Delivers record full year 2023 financial and operating results Reports fourth quarter volume of over 2.2 billion gallons, highest in the Partnership's history Reaffirms full year 2024 Adjusted EBITDA(...

Other symbols: ET

4 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (17)

Sunoco LP Maintains Quarterly Distribution

DALLAS , Jan. 25, 2024 /PRNewswire/ --Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the fourth quarter of 2023 of $0...

Other symbols: ET

5 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (18)

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of NuStar Energy L.P.

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by NuStar Energy L.P. (NYSE: NS) and its board of directors concerning the proposed acquis...

5 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (19)

Sunoco Buys NuStar in $7.3 Billion Deal. It's Another Big Energy Merger.

There have been a string of big energy transactions in the past few months.

5 months ago - Barrons

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (20)

Sunoco to Buy NuStar Energy in $7.3 Billion Deal

Fuel distributor Sunoco has agreed to buy liquids terminal and pipeline operator NuStar Energy in a stock-swap transaction valued at about $7.3 billion, including assumed debt.

5 months ago - WSJ

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (21)

Sunoco to buy NuStar Energy in all-stock deal of $7.3 billion

Sunoco said on Monday it would acquire NuStar Energy in an all-equity transaction valued at about $7.3 billion, including assumed debt.

5 months ago - Reuters

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (22)

Sunoco and NuStar to combine in all-stock deal valued at about $7.3 billion including debt

Sunoco LP SUN, -1.70% and NuStar Energy LP NS, said Monday they have agreed to combine in an all-stock deal valued at about $7.3 billion, including debt. Under the terms of the deal, NuStar common uni...

5 months ago - Market Watch

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (23)

Sunoco LP to Acquire NuStar Energy L.P. in Transaction Valued at $7.3 Billion

DALLAS--(BUSINESS WIRE)--Sunoco LP (NYSE: SUN) (“Sunoco” or the “Partnership”) and NuStar Energy L.P. (NYSE: NS) (“NuStar”) announced today that the parties have entered into a definitive agreement wh...

5 months ago - Business Wire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (24)

Sunoco LP to Acquire NuStar Energy L.P., in Transaction Valued at $7.3 Billion

DALLAS , Jan. 22, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco" or the "Partnership") and NuStar Energy L.P. (NYSE: NS) ("NuStar") announced today that the parties have entered into a definitiv...

5 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (25)

Sunoco LP Announces Fourth Quarter and Full Year 2023 Earnings Release and Call Timing

DALLAS , Jan. 11, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its fourth quarter and full year 2023 financial and operating results before the market opens on Wed...

Other symbols: ET

5 months ago - PRNewsWire

Sunoco LP (SUN) Stock Price, Quote & News - Stock Analysis (2024)

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