Sunoco (SUN)

• Market cap: $7.89B
• 1 day: 0.09%
• 5 days: 0.78%
• 1 month: 5.88%
• 3 months: 7.28%
• 6 months: 8.85%
• Year to date: 11.94%
• 1 year: -7.69%
• 5 years: 86.69%
• 10 years: 10.93%
• Sector: Energy
• Industry: Petroleum Refining

About: Sunoco LP is engaged in the distribution of motor fuels to independent dealers, distributors, and other commercial customers as well as the distribution of motor fuels to end-use customers at retail sites operated by commission agents. It is a growth-oriented master limited partnership (MLP) that operates as a wholesale and retail fuel distributor in the United States. The firm operates through the Fuel Distribution; Pipeline Systems; and Terminals segments. It generates the majority of its revenue from the Fuel Distribution segment. It distributes motor fuel to convenience stores, dealers, and commercial customers in various states. The operating convenience stores are under the APlus, Stripes, Aloha Island Mart, and Tigermarket brands.

Employees: 3,298

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

11% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 73

0.17% less ownership

Funds ownership: 44.54% [Q3] → 44.37% (-0.17%) [Q4]

4% less capital invested

Capital invested by funds: $3.22B [Q3] → $3.1B (-$116M) [Q4]

5% less funds holding

Funds holding: 274 [Q3] → 260 (-14) [Q4]

10% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 29

17% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]

70% less call options, than puts

Call options by funds: $11.1M | Put options by funds: $37.1M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $63 9% upside
• Avg. target: $64 11% upside
• High target: $66 14% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Mizuho Gabriel Moreen 92% 1-year accuracy 34 / 37 met price target	14% upside $66	Outperform Maintained	3 Feb 2025
Barclays Theresa Chen 46% 1-year accuracy 12 / 26 met price target	9% upside $63	Overweight Maintained	10 Dec 2024
RBC Capital Elvira Scotto 97% 1-year accuracy 30 / 31 met price target	10% upside $64	Outperform Maintained	9 Dec 2024