SUN News and Press, Sunoco LP representing limited partner interests From 05/18/23

2023-05-18 14:00:11 ET Summary ET updated its guidance. It expects Adjusted EBITDA to be between $13.05 billion and $13.45 billion by year-end - an increase from its previous estimate of $12.9-$13.3 billion. 29.4% of the company's FCF generated is derived from 1Q 2023 compared to ...

2023-05-16 15:02:56 ET Summary REITs are facing an "existential crisis" according to some investors. They claim that REITs will go bankrupt as they fail to refinance their debt. We look into these claims and share our thoughts. Recently, someone told me that "your RE...

2023-05-10 08:00:00 ET Summary A constructive midstream earnings season was unfortunately easily lost amid last week’s macro headlines and a challenging energy tape. Most midstream MLPs and corporations reported better-than-expected results with constructive outlooks and a ...

2023-05-02 12:54:03 ET Sunoco LP (SUN) Q1 2023 Earnings Conference Call May 2, 2023 10:00 ET Company Participants Scott Rachel - Senior Vice President, Finance and Treasurer Joe Kim - President and Chief Executive Officer Karl Fails - Chief Operations Officer ...

2023-05-02 07:35:03 ET Sunoco LP press release ( NYSE: SUN ): Q1 GAAP EPS of $1.41 beats by $0.18 . Revenue of $5.36B (-0.7% Y/Y) beats by $350M . As a result of the Zenith acquisition, the Partnership is revising its 2023 guidance as follows: Adjusted E...

Sunoco LP Announces First Quarter 2023 Financial and Operating Results PR Newswire Reports first quarter results including net income of $141 million , Adjusted EBITDA (1) of $221 million and Distributable Cash Flow, as adjusted (1) of $160 million Incr...

2023-04-26 17:40:56 ET Sunoco LP ( NYSE: SUN ) declares $0.842/share quarterly dividend , 2% increase from prior dividend of $0.826. Forward yield 7.58% Payable May 22; for shareholders of record May 8; ex-div May 5. See SUN Dividend Scorecard, Yield Char...

Sunoco LP Announces a 2% Increase in Quarterly Distribution PR Newswire DALLAS , April 26, 2023 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the first quarter of 2...

Sunoco LP Announces First Quarter 2023 Earnings Release and Call Timing PR Newswire DALLAS , April 17, 2023 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its first quarter 2023 financial and operating results before the market opens...

2023-03-29 16:58:48 ET Summary When the calendar flicked over to 2023, it seemed that higher distributions should be coming soon for Sunoco. Subsequently, capital markets have endured turbulence, with talk of a banking crisis that could lead to a recession. The company's resil...