SUN News and Press, Sunoco LP representing limited partner interests From 05/12/20

Sunoco ( SUN -1.6% ) trades lower after reporting a surprise Q1 loss and lowering its planned full-year capital spending. More news on: Sunoco LP, Energy stocks news, Earnings news and commentary, Stocks on the move, Read more ...

Energy Transfer   (NYSE: ETP) isn't immune to the impact of falling oil prices. That was evident in its first-quarter report, where the master limited partnership ( MLP)  posted lower earnings and cash flow. While the company expects this trend to continue over the coming quar...

Sunoco LP (NYSE: SUN ): Q1 GAAP EPS of -$1.78 misses by $2.59 . Revenue of $3.27B (-11.4% Y/Y) misses by $500M . Press Release More news on: Sunoco LP, Earnings news and commentary, Energy stocks news,

DALLAS , May 11, 2020 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the three-month period ended March 31, 2020 . "Our employees have been working on the front lines to continue to serve our countr...

Midstream rallied for a 6th straight week, but this week was different than the prior 5. This week's rally was led by larger, more integrated players in the U.S. and Canada, not by gathering and processing MLPs. This week was less about bottom fishing or short covering. Broad equity market str...

Units of gasoline distributor Sunoco LP (NYSE: SUN) rose an impressive 58% in April according to data from S&P Global Market Intelligence . That was a big turnaround from March, when the master limited partnership was off by 42%. Yes, the broader markets were part of the story, with t...

Fuel distributor  Sunoco LP 's (NYSE: SUN)  latest payout to investors makes the yield on this master limited partnership, or MLP, a whopping 14%. Yields that high often make investors skeptical about a company's ability to sustain such a lofty payout. But this huge distribution may c...

Introduction Following the turmoil rocking markets, it was quite surprising to see Sunoco ( SUN ) actually sustain their distribution after the first quarter. Whilst some unitholders may be cheering this decision, when reviewing their fundamental financial strength, they appear to be a t...

The recent market sell-off has hammered fuel distribution  master limited partnership   Sunoco  (NYSE: SUN) . It's down about 60% from its recent high. That sell-off has pushed the yield on its distribution up to an eye-popping level of more than 20%.  That sky-h...

Sunoco LP (NYSE: SUN ) says it will reduce 2020 growth capital spending to ~$75M from previous guidance of $130M, a 42% decrease, in response to the coronavirus. More news on: Sunoco LP, Energy stocks news, Read more ...