Sunoco LP (SUN) closed at $53.08 in the latest trading session, marking a -1.01% move from the prior day.
The latest trading day saw Sunoco LP (SUN) settling at $55.03, representing a +1.07% change from its previous close.
In the most recent trading session, Sunoco LP (SUN) closed at $54.31, indicating a +2.05% shift from the previous trading day.
I am bullish on Sunoco after the Parkland acquisition, as the deal is likely to close soon and shares have overreacted negatively. Despite limited synergy and accretion, Sunoco's strong operating performance and 6.75% yield make units attractive for long-term investors. The IDR structure benefits the general partner and limits accretion, but distribution growth of ~5% through 2028 supports a low double-digit total return.
Sunoco LP (SUN) closed at $53.21 in the latest trading session, marking a +1.45% move from the prior day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the closing of the recent trading day, Sunoco LP (SUN) stood at $54.06, denoting a +1.03% move from the preceding trading day.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Sunoco's Q1 earnings and revenues lag estimates over lower net income, partially offset by decreased costs and expenses. The company increases its distribution for the second consecutive quarter.
SUN and Parkland's merger is expected to create a massive network of fuelling and convenience stores across the Americas, including over 11,000 fuel stations.
Sunoco LP Common Units (NYSE:SUN ) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Scott Grischow - Treasurer, Senior Vice President Finance Joseph Kim - President, Chief Executive Officer Karl Fails - Chief Operating Officer Austin Harkness - Chief Commercial Officer Dylan Bramhall - Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the Sunoco LP's First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Sunoco (SUN) on Monday said it reached a deal to acquire Canadian rival Parkland in a deal worth roughly $9.1 billion.