Sunoco LP Common Units (SUN) Q3 2024 Earnings Call Transcript
Sunoco LP Common Units (NYSE:SUN ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Scott Grischow - SVP, Finance and Treasurer Karl Fails - COO Joe Kim - President and CEO Austin Harkness - Chief Commercial Officer Conference Call Participants Theresa Chen - Barclays Noah Katz - JPMorgan Chase & Co. Gabriel Moreen - Mizuho Ned Baramov - Wells Fargo Operator Greetings and welcome to the Sunoco LP's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Sunoco LP (SUN) Upgraded to Buy: What Does It Mean for the Stock?
Sunoco LP (SUN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Sunoco to Report Q3 Earnings: Here's What You Need to Know
Stable demand for motor fuel and earnings from its pipeline and storage terminals are likely to have aided SUN's Q3 performance.
Sunoco LP (SUN) Rises But Trails Market: What Investors Should Know
In the closing of the recent trading day, Sunoco LP (SUN) stood at $50.91, denoting a +0.22% change from the preceding trading day.
Are Investors Undervaluing Sunoco (SUN) Right Now?
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 LP (SUN) Ascends While Market Falls: Some Facts to Note
The latest trading day saw Sunoco LP (SUN) settling at $51.71, representing a +1.11% change from its previous close.
Sunoco LP (SUN) Outperforms Broader Market: What You Need to Know
In the most recent trading session, Sunoco LP (SUN) closed at $52.70, indicating a +0.48% shift from the previous trading day.
Sunoco LP (SUN) Laps the Stock Market: Here's Why
The latest trading day saw Sunoco LP (SUN) settling at $53.12, representing a +1.9% change from its previous close.
Is Sunoco LP (SUN) a Buy as Wall Street Analysts Look Optimistic?
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?
Why Sunoco LP (SUN) Dipped More Than Broader Market Today
In the closing of the recent trading day, Sunoco LP (SUN) stood at $53.08, denoting a -0.24% change from the preceding trading day.
Why the Market Dipped But Sunoco LP (SUN) Gained Today
The latest trading day saw Sunoco LP (SUN) settling at $53.13, representing a +0.08% change from its previous close.
Sunoco-NuStar Transformation Will Fuel Growth And Secure Dividend
Sunoco LP's acquisition of NuStar Energy creates a vertically integrated oil and gas giant with a market cap of $7.36 billion and extensive pipeline and terminal assets. The Q2 2024 earnings report shows successful initial integration, with adjusted EPS of $1.48 and total revenue of $6.17 billion, beating analyst expectations. Despite increased debt from the acquisition, Sunoco's strong top-line performance and distributable cash flow support a healthy dividend yield of 6.56%.
