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SUN News and Press, Sunoco LP representing limited partner interests From 10/09/20

Stock Information

Company Name: Sunoco LP representing limited partner interests
Stock Symbol: SUN
Market: NYSE
Website: sunocolp.com

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SUN - You Still Need Gasoline, So I Get Yields Of 13.5%: Global Partners LP

Fuel demand has rapidly returned to normal levels. GLP is in a position to keep restoring the distribution to prior levels. Energy Transfer's issues are beneficial to GLP. GLP has swiftly tackled upcoming debt. For further details see: You Still Need Gasoline, So I G...

SUN - Midstream Yield High, Interest Low

Midstream stocks bounced back early in the week after two rough weeks. As the market rolled over later in the week, midstream and MLPs were dragged back down. U.S. midstream corporations traded better than MLPs. Midstream finished positive overall, besting utilities and the S&...

SUN - Energy Transfer: Aiding And Abetting The Plaintiffs

Energy Transfer ( ET ) management is not done yet giving either the partnership or the midstream industry a black eye (or maybe several) by a longshot. In the meantime, the long suffering unitholders are about to endure a whole new level of suffering while possibly costing the industry a very ...

SUN - Oil Stocks Crashing as Fuel Consumption Flatlines

Shares of a broad array of oil stocks are falling sharply today, following the latest weekly petroleum data survey from the U.S. Energy Information Administration. According to the latest update, U.S. refinery production slipped almost 1 million barrels per day, while gasoline consumption, as me...

SUN - Sunoco: Safest Business Model In One Of The Riskiest Industries

Thesis Businesses are inherently risky. One of the primary risks of any business is the reduction in demand for its products. For businesses operating in the cost leadership domain, a shift in the demand curve for its products/services will lead to reduction in product prices and eventually ...

SUN - Sunoco to pay $355K civil penalty for Mariner East 2 spills

Sunoco Pipeline (NYSE: SUN ) must pay more than $355K in penalties for violations related to the construction of the Mariner East 2 pipeline in eight Pennsylvania counties, the state's Department of Environmental Protection says. More news on: Sunoco LP, Energy stocks news, Read mo...

SUN - Midstream Militia Retreats

After a few weeks of positive performance, midstream rolled over this week. Energy stocks in general were negative, despite benign commodity price movements and strength among market indexes (which clearly are dominated by tech stocks). The ramping up of election rhetoric with the Democratic N...

SUN - Sunoco: Earnings Surprised Me But Their Distribution Is Still Risky

Introduction Several months ago during the mists of the initial Covid-19 selloff, I published an article regarding Sunoco ( SUN ) and the likelihood of their distributions being reduced in the short term. Whilst I always endeavor to make correct judgments regarding the future, no one is ...

SUN - Blue Flame Special For Midstream

Midstream followed up last week's big week with another strong week of price action. Midstream's gains were mostly isolated to Monday and Wednesday, but those two days were good enough for a 3% week for the group overall, better than the S&P 500, utilities and infrastructure. Natural Gas...

SUN - 12% Yield, 1.5X Coverage: Sunoco LP

Sunoco LP ( SUN ) is the largest fuel distributor in the US. It operates through two segments, Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel from independent refiners and major oil companies and supplies it to independently...

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