Sunoco LP is a leading midstream company with a robust asset base, rising margins, and a well-supported 6.2% yield, making it attractive for income investors. The NuStar acquisition expanded SUN's infrastructure, driving record EBITDA growth and positioning the company for long-term success, with $150 million in expected synergies by 2027. Favorable industry dynamics, including constrained pipeline and storage capacity, enhance the value of SUN's existing assets, ensuring strong demand and utilization.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Sunoco's Q4 earnings and revenues lag estimates over lower fuel margins, partially offset by decreased costs and expenses.
Sunoco LP Common Units (NYSE:SUN ) Q4 2024 Earnings Conference Call February 11, 2025 10:00 AM ET Company Participants Scott Grischow – Senior Vice President, Finance Joe Kim – President and Chief Executive Officer Karl Fails – Chief Operations Officer Austin Harkness – Chief Commercial Officer Conference Call Participants Justin Jenkins – Raymond James Theresa Chen – Barclays Spiro Dounis – Citi Noah Katz – JPMorgan Operator Greetings, and welcome to Sunoco LP's Fourth Quarter 2024 Earnings Call. At this time all participants are in listen-only mode.
VettaFi recently sat down with Karl Fails, COO at Sunoco LP (SUN). Fails discussed the company's assets and businesses, NuStar acquisition, and capital allocation priorities.
In the closing of the recent trading day, Sunoco LP (SUN) stood at $55.82, denoting a +0.02% change from the preceding trading day.
Sunoco LP (SUN) closed the most recent trading day at $54.73, moving +0.26% from the previous trading session.
Sunoco LP (SUN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Sunoco LP (SUN) closed the most recent trading day at $53.39, moving +0.74% from the previous trading session.
Sunoco LP (SUN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
In the closing of the recent trading day, Sunoco LP (SUN) stood at $51.77, denoting a +0.64% change from the preceding trading day.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.