SunocoSUN
Market Cap: 7.41B
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 Q1 SEC filings by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 47
10% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $13.5M
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]
1% less funds holding
Funds holding: 207 [Q4 2023] → 205 (-2) [Q1 2024]
5% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 39
4.18% less ownership
Funds ownership: 28.9% [Q4 2023] → 24.72% (-4.18%) [Q1 2024]
14% less capital invested
Capital invested by funds: $1.46B [Q4 2023] → $1.26B (-$198M) [Q1 2024]
Research analyst outlook
9 Wall Street Analysts provided 1 year price forecasts over the past 6 months
9 analyst ratings
Barclays Theresa Chen | 9%upside $60 | Overweight Maintained | 10 Jul 2024 |
Citigroup Spiro Dounis | 19%upside $65 | Buy Upgraded | 18 Jun 2024 |
Barclays Theresa Chen | 11%upside $61 | Overweight Reinstated | 10 Jun 2024 |
Stifel Selman Akyol | 13%upside $62 | Buy Upgraded | 7 Jun 2024 |
JP Morgan Jeremy Tonet | 11%upside $61 | Overweight Assumed | 5 Jun 2024 |
Financial journalist opinion
Based on 16 articles about SUN published over the past 30 days