SL

Sunoco LP

SUN
NYSEEnergy
$68.65
USD
+0.23(+0.34%)
At close: Apr 30, 18:07 UTC
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Open

$68.61

Prev. Close

$68.65

High

$68.65

Low

$68.61

Market Snapshot

Market Cap

$13.99B

P/E Ratio

27.9

EPS

6.51

Revenue

$22.69B

Why SUN moved

Sunoco LP announced a 6.25% increase in its quarterly distribution to $0.9899 per unit, driven by robust earnings projections for the upcoming fiscal period.

About

Sunoco LP engages in the management and distribution of fuel products. The company is headquartered in Dallas, Texas and currently employs 8,910 full-time employees. The company went IPO on 2012-09-20. Its midstream operations include a network of approximately 14,000 miles of pipeline and over 160 terminals. Its Fuel Distribution segment supplies motor fuel to independently operated dealer stations, distributors, commission agents and other consumers. Its Pipeline Systems segment includes an integrated pipeline and terminal network comprised of refined products, crude oil and ammonia pipelines and terminals. Through its Terminals segment, it operates four transmix processing facilities and 83 terminals. Its terminals provide storage and distribution services to support our fuel distribution business and other third-party customers. Its Refinery segment is composed of the Burnaby Refinery, which is responsible for the refining of fuel products and engaged in renewable business activities.

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