In the latest trading session, Sunoco LP (SUN) closed at $76.59, marking a +1.4% move from the previous day.
Sunoco LP (SUN) closed at $69.89 in the latest trading session, marking a -6.48% move from the prior day.
Sunoco LP is reiterated as a Buy, driven by robust earnings, accretive acquisitions, and an attractive 5.25% dividend yield. SUN's refining margins have surged, with gasoline and distillate crack spreads reaching record highs, supporting strong revenue and profit growth. Geopolitical tensions in the Middle East and Ukraine have elevated oil prices, benefiting SUN but introducing significant volatility risk.
| Capital Markets Industry | Financials Sector | Joseph Kim CEO | ASX Exchange | AU0000SUNPG9 ISIN |
| US Country | 8,910 Employees | 7 Aug 2026 Last Dividend | - Last Split | 20 Sep 2012 IPO Date |
Sunoco LP, together with its subsidiaries, is a notable player in the distribution and retail of motor fuels in the United States. Operating through two main segments: Fuel Distribution and Marketing, and All Other, the company engages in the purchase and supply of motor fuel and other petroleum products like propane and lubricating oil. These products are sourced from independent refiners and oil companies, and are distributed to a variety of outlets including company-operated retail stores, independently operated commission agent locations, retail stores, as well as to commercial customers such as unbranded retail stores, other fuel distributors, and municipal customers. The transition from Susser Petroleum Partners LP to Sunoco LP in 2014 marked a significant rebranding effort, underlining the company’s evolution and growth into a comprehensive fuel distribution and retail business since its establishment in 1886. With a headquarters based in Dallas, Texas, Sunoco LP has entrenched itself as a core provider of fuel and retail services across the United States.
This service includes the purchasing of motor fuel and other petroleum products from independent refiners and oil companies. Sunoco LP then distributes these products to company-operated retail stores, independently operated commission agents, retail stores, as well as commercial customers including unbranded retail stores and other fuel distributors. This segment ensures a steady supply of fuel to a variety of outlets, catering to the diverse needs of the retail and commercial market.
Sunoco owns and operates retail stores under the APlus and Aloha Island Mart brand names, offering a wide range of products and services. These include food, beverages, snacks, grocery and non-food merchandise, and motor fuels. The stores also provide various services aimed at enhancing customer convenience, such as car washes, lottery, automated teller machines, money order services, prepaid phone cards, and wireless services. This comprehensive approach to retailing allows Sunoco to meet the diverse needs of its customers under one roof.
In addition to motor fuels, Sunoco LP also distributes propane and lubricating oil, catering to the specific energy needs of various customers. These products are supplied to commercial customers, including school districts, municipalities, and other industrial customers, showcasing the company’s ability to diversify its product offerings and serve a broad customer base.
The All Other segment of Sunoco LP’s business includes the provision of partnership credit card services and collection of franchise royalties, among other retail operations. These services are designed to enhance the business operations of franchisees and partners, providing them with essential tools and financial products to facilitate sales and foster customer loyalty.