Sunoco to acquire Parkland in $9.1B deal
Sunoco LP (NYSE: SUN) said on Monday it will acquire Parkland Corp (TSX: PKI) in a cash-and-equity transaction valued at $9.1 billion. As part of the deal, Sunoco will create SUNCorp, LLC, a new publicly traded entity that will hold limited partnership units of Sunoco, equivalent to its common units.
Sunoco to Buy Canada's Parkland in Deal Worth $9.1 Billion
Sunoco moved to expand its reach with a $9.1 billion deal to buy Canada's Parkland, bringing with it a fleet of gas stations and a west-coast refinery.
Sunoco Set to Report Q1 Earnings: Here's What You Need to Know
SUN is likely to have generated stable cash flows in Q1 since it has a stable midstream operation.
Wall Street Bulls Look Optimistic About Sunoco LP (SUN): Should You Buy?
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?
Sunoco: Tariff Resistant But Fairly Valued (Rating Downgrade)
Shares of Sunoco LP have shown strong performance, returning about 10% over the past year, driven by stable cash flow and secure dividends. SUN operates a resilient fuel distribution business with limited commodity risk, benefiting from take-or-pay contracts and strategic acquisitions like NuStar. Despite economic uncertainties, the Company's strong balance sheet and conservative growth spending strategy support continued distribution growth and financial stability.
Sunoco LP (SUN) Stock Slides as Market Rises: Facts to Know Before You Trade
Sunoco LP (SUN) concluded the recent trading session at $58.77, signifying a -0.68% move from its prior day's close.
Sunoco LP (SUN) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the latest trading session, Sunoco LP (SUN) closed at $59.17, marking a +1.04% move from the previous day.
Sunoco LP (SUN) Ascends While Market Falls: Some Facts to Note
Sunoco LP (SUN) concluded the recent trading session at $56.76, signifying a +0.69% move from its prior day's close.
Sunoco LP (SUN) Declines More Than Market: Some Information for Investors
The latest trading day saw Sunoco LP (SUN) settling at $52.04, representing a -1.51% change from its previous close.
Why the Market Dipped But Sunoco LP (SUN) Gained Today
In the latest trading session, Sunoco LP (SUN) closed at $59.20, marking a +1.02% move from the previous day.
Sunoco LP (SUN) Registers a Bigger Fall Than the Market: Important Facts to Note
Sunoco LP (SUN) concluded the recent trading session at $57.86, signifying a -1.13% move from its prior day's close.
Sunoco LP (SUN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Sunoco LP (SUN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
