|Bid||28.44 x 3000|
|Ask||28.83 x 800|
|Day's Range||28.41 - 29.20|
|52 Week Range||10.46 - 32.89|
|Beta (5Y Monthly)||1.90|
|PE Ratio (TTM)||18.12|
|Earnings Date||Feb 17, 2021 - Feb 22, 2021|
|Forward Dividend & Yield||3.30 (11.46%)|
|Ex-Dividend Date||Nov 05, 2020|
|1y Target Est||30.00|
Sunoco LP (NYSE: SUN) ("Sunoco") today announced the early tender results for its previously announced cash tender offer (the "Offer") for any and all of its outstanding 4.875% Senior Notes due 2023 (the "Notes"). The terms and conditions of the Offer are set forth in the Offer to Purchase, dated November 9, 2020, as amended to "upsize" the Offer and remove the tender cap (as the same may be further amended or supplemented, the "Offer to Purchase"). The Offer will expire at 11:59 p.m., New York City time, on December 8, 2020, unless extended or earlier terminated by Sunoco.
Higher contributions from fuel distribution and marketing business aid Sunoco's (SUN) third-quarter earnings.
Sunoco LP (NYSE: SUN) ("Sunoco") today announced that it has removed the tender cap of $500.0 million for its previously announced cash tender offer (the "tender offer") of its outstanding 4.875% Senior Notes due 2023 (CUSIP Nos. 86765LAH0, U86759AE4 and 86765LAJ6) (the "2023 notes") and will instead offer to purchase any and all of its outstanding 2023 notes. The tender offer is being made pursuant to Sunoco's Offer to Purchase dated November 9, 2020 (the "Offer to Purchase"). Sunoco intends to fund the tender offer with the net proceeds from its previously announced senior notes offering, which was upsized from $500 million to $800 million, and borrowings under its revolving credit facility. The maximum amount of the 2023 notes subject to the redemption described in the Offer to Purchase, if it occurs, will correspondingly increase.