|Bid||0.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||27.45 - 28.02|
|52 Week Range||24.46 - 33.11|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||129.72|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||3.30 (11.45%)|
|1y Target Est||30.69|
Houston-based American Midstream Partners LP (NYSE: AMID) has found another buyer for its refined products terminalling business after a previous deal fell through earlier this year. Dallas-based Sunoco LP (NYSE: SUN) will buy the business for about $125 million in cash, according to press releases from the companies. Combined, they have 21 tanks, approximately 1.3 million barrels of storage capacity and approximately 77,500 barrels per day of total throughput capacity, per Sunoco’s release.
DALLAS , Nov. 15, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the execution of a definitive agreement to purchase the refined products terminalling business from American ...
DALLAS , Nov. 12, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today that it has extended the expiration date for its previously announced exchange offers relating to its outstanding ...
On a per-share basis, the Dallas-based company said it had net income of $1.12. Earnings, adjusted to account for discontinued operations, came to $1.15 per share. The results surpassed Wall Street expectations. ...
Conference Call Scheduled for 9:30 a.m. CT (10:30 a.m. ET) on Thursday, November 8 DALLAS , Nov. 7, 2018 /PRNewswire/ -- Current quarter cash coverage of 1.73 times and trailing twelve months coverage ...
Energy Transfer LP , formerly named Energy Transfer Equity, L.P. and also referred to herein as “ETE,” today reported financial results for the quarter ended September 30, 2018.
Sunoco, Inc. (NYSE: SUN ) will be releasing its next round of earnings this Wednesday, Nov. 7. For all of the relevant information, here is your guide for Wednesday's Q3 earnings announcement. Earnings ...
Williams Companies (WMB) rose 5.2% last week. Strong third-quarter performance drove the stock up. The company reported 7% year-over-year growth in adjusted EBITDA, beating consensus estimates for the quarter. Global Partners (GLP) rose 9.4% and PBF Logistics (PBFX) rose 4.9% for the week. Golar LNG Partners (GMLP) and Teekay LNG Partners (TGP) rose 3.7% and 3.6%, respectively.
The U.S. Court of Appeals for the Federal Circuit on Thursday upheld a lower court ruling that Sunoco not be allowed to deduct $1 billion in alcohol fuel mixture credits on its federal excise tax returns, the U.S. Justice Department said. In a statement, the department said Sunoco LP, a publicly traded partnership controlled by pipeline operator Energy Transfer Equity, sought to reduce its federal income taxes with an excise tax expense that was never paid. Sunoco, which operates retail fueling sites and convenience stores, did not immediately respond to a request for comment.
3Q 2018 Earnings Release and Earnings Call Dates Also Announced DALLAS , Oct. 26, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner ...
Moody's Investors Service ("Moody's") affirmed Sunoco LP's ("SUN") Ba3 Corporate Family Rating (CFR), its Ba3-PD Probability of Default Rating (PDR), B1 senior unsecured debt rating and SGL-3 Speculative Grade Liquidity (SGL) Rating. Following SUN's first quarter transition into a wholesale distributor of motor fuels, earnings and margin volatility have diminished," commented Andrew Brooks, Moody's Vice President. As a result of the sale by SUN of its retail motor fuels business and its transition into a wholesale distributor of motor fuels, Moody's believes the Midstream Energy rating methodology (published in May 2017) is more appropriate for assessing SUN than the Retail Industry methodology (published in October 2015), which had been used previously.
NEW YORK, Oct. 26, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Marathon Petroleum Corp's has won U.S. antitrust approval to buy Express Mart on condition that it sell five shops, the Federal Trade Commission said on Thursday. Marathon Petroleum, which owns Speedway, ...
The median price target for ONEOK is $75, implying a potential upside of 11% from its current price of $67.8. On October 17, Jefferies cut its rating for Hi-Crush Partners (HCLP) to an “underperform.” The stock now has five “buy” recommendations, ten “hold” recommendations, and one “strong sell” recommendation.
Moody's Investors Service ("Moody's") changed Energy Transfer Partners, L.P.'s (ETP) outlook to stable from negative. The Ba2 secured notes rating on Energy Transfer Equity, L.P. (ETE), ETP's general partner, remains under review for upgrade. Moody's also affirmed Panhandle Eastern Pipe Line Company, LP's Baa3 senior unsecured rating and outlook remains stable.
DALLAS , Oct. 16, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the acquisition of BRENCO Marketing Corporation's fuel distribution business for approximately ...
Royalty interest owner MLP Viper Energy Partners (VNOM) rose ~32% in the third quarter. The stock has risen ~86% year-to-date. Viper Energy Partners’ interest in the Permian Basin, which has witnessed strong activity, as well as support from sponsor Diamondback Energy (FANG), has contributed to the stock’s outperformance in 2018. Learn more in Why Viper Energy Partners Is Analysts’ Favorite Upstream Company and VNOM, BSM: Comparative Analysis of Two Mineral Interest MLPs.
Investors looking for short sell ideas or hedges against long positions in crude oil need to look north as Canadian crude oil prices plunge to a record low, now about $35 per barrel, relative to U.S. crude. Brent oil prices have surged above $85 a barrel and West Texas Intermediate (WTI) now trades around $75.
Cheniere Energy (LNG), Teekay LNG Partners (TGP), and Golar LNG Partners (GMLP) were among the top gainers in the MLP and midstream sector last week. Cheniere Energy rose 3.7% while TGP and GMLP rose 10.6% and 5.2%, respectively, in the last week. Other top gainers included Dorchester Minerals (DMLP), CVR Refining (CVRR), and American Midstream Partners (AMID), which rose 7.1%, 6.2%, and 5.0%, respectively.
NEW YORK, Sept. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
In this daily bar chart of SUN, below, we can see that prices have closed above the bottoming 200-day moving average line and the rising 50-day line. The daily On-Balance-Volume (OBV) has been strong and rising the past three months and signals aggressive buying. The Moving Average Convergence Divergence (MACD) oscillator moved above the zero line in late July for a buy signal and is poised to turn up again for a fresh buy signal.
Holly Energy Partners (HEP), Enable Midstream Partners (ENBL), and Genesis Energy (GEL) were the top MLP gainers in the week ended September 14. The three stocks gained 5.2%, 4.9%, and 4.6%, respectively, that week. Dominion Energy Midstream Partners (DM) rose 4.5% last week. However, the stock has fallen 39% year-to-date.