Sunoco
About: Sunoco LP 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 and Marketing 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: 2,389
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
27% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 66
0% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]
9% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 34
1% less funds holding
Funds holding: 274 [Q2] → 271 (-3) [Q3]
1.34% less ownership
Funds ownership: 44.27% [Q2] → 42.93% (-1.34%) [Q3]
8% less capital invested
Capital invested by funds: $3.38B [Q2] → $3.1B (-$273M) [Q3]
61% less call options, than puts
Call options by funds: $17.3M | Put options by funds: $44M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Barclays Theresa Chen 25% 1-year accuracy 6 / 24 met price target | 23%upside $63 | Overweight Maintained | 10 Dec 2024 |
RBC Capital Elvira Scotto 81% 1-year accuracy 26 / 32 met price target | 25%upside $64 | Outperform Maintained | 9 Dec 2024 |
Financial journalist opinion
Based on 7 articles about SUN published over the past 30 days
