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)
26% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 66
0% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]
1.35% less ownership
Funds ownership: 44.27% [Q2] → 42.92% (-1.35%) [Q3]
1% less funds holding
Funds holding: 274 [Q2] → 270 (-4) [Q3]
8% less capital invested
Capital invested by funds: $3.38B [Q2] → $3.1B (-$274M) [Q3]
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
61% less call options, than puts
Call options by funds: $17.3M | Put options by funds: $44M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
RBC Capital Elvira Scotto 96% 1-year accuracy 24 / 25 met price target | 16%upside $63 | Outperform Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 5 articles about SUN published over the past 30 days
