SUN News and Press, Sunoco LP representing limited partner interests From 02/02/22

Sunoco LP (SUN +0.1%) is little changed after Citi downgraded units to Neutral from Buy, less than two months after upgrading the stock, while raising its price target to a Street-high $49 from $44 on relative valuation. Sunoco units have outperformed a "basket of peers" by ~18% since mi...

Sunoco LP representing limited partner interests (NYSE:SUN) traded at a new 52-week high today of $46.95. This new high was reached on below average trading volume as 158,000 shares traded hands, while the average 30-day volume is approximately 294,000 shares. Sunoco LP representing limi...

There's a big push to switch from carbon fuels to cleaner alternatives, like renewable power. A major piece of the effort is getting more electric vehicles (EVs) on the road. Car makers are getting on board, but even in the best-case scenario the world will need gasoline for decades to come...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Looking back on 2021, the S&P 500 finished another year on a high. At the close of the 12-month period, the index had provided 27% returns to investors for the year. However, fears of another slowdown from new variant...

Management has long touted the benefits of both DAPL and the Mariner projects. Shareholders really don't know the effects of the extra costs of completing both projects. The Enable acquisition will spread the risks over a larger Energy Transfer. The fines involving the Mariner...

In a settlement that will allow construction of the Mariner East pipeline to resume, Energy Transfer's (NYSE:ET) Sunoco subsidiary agrees to clean up a contaminated lake and pay more than $4M for spilling thousands of gallons of drilling fluids last year at a state park in Chester County, Pa....

Sunoco LP Announces 2022 Operational and Financial Guidance and Participation in Upcoming Wells Fargo Midstream, Utility & Renewables Symposium Sunoco LP Announces 2022 Operational and Financial Guidance and Participation in Upcoming Wells Fargo Midstream, Utility & Rene...

Mariner completion date is now in the first quarter of 2022. Another settlement of more than $1 million was announced. Management is fighting a ruling to make some papers public knowledge. DAPL EIS decision is now delayed until September 2022. Key cash flow and profitabili...

Despite Sunoco sustaining their high 8%+ distribution yield throughout the turmoil of 2020, it nevertheless is still not one that investors can set and forget. Throughout 2021 their cash flow performance has been broadly flat despite their strong surface-level results aided by a worki...

Energy Transfer did not have a great Q3, but the company made progress on some key imperatives, such as debt reduction. Management knows what the market wants to see in 2022 and beyond, and they seem to move towards a free cash flow-focused approach. With declining debt levels and...