The stock delusion, big gasoline stockpile build up, profit margin better when gas prices higher, etc.
Seem to go down to 37 when talk of oil lower, and lower for longer. If they make 2.88 this year, at 50 it is only 17.36 P.E. Free cash flow a better measure in MLPs and they have covered Div well. Lots of new stores around where I live. Drove all over central Texas in May, every store was very busy. They stand in line at stores here in Lubbock Tx. for the food, it is cheaper, taste better, than McDonald's and rest of fast food. I have bought at 50, 44,41, 37. I think/hope numbers in the next 10 days will put it back to 44-45, chart suggest it could break out. People running out of anything to do with Oil. Deal could have been done early because the stores are doing so well, and ETE wants the profits show on ETE to push stock up for his Williams buy. I have ETP since 2009 and tired of Kelsy Warrens Ego
hurting the stocks for his non stop buying.
Would be nice, but I don't see anything that hi. J.P.Morgan 62., Jefferies, 55, some 51, average is 55. Could still be a taper tantrum for Dividend stocks when a small 1/4 point raise comes about, Oct? Dec? I may sell with a pop at earnings. Small volume moves this around a lot, 2 dollar range today.
I bought more today at 45. JPM said June 2nd, the price does not represent the growth SUN has. These stores do big business where I live, run well, always busy. Goldman believes 1st quarter was transitory.