SUN News and Press, Sunoco LP representing limited partner interests From 08/03/22

Sunoco LP press release ( NYSE: SUN ): Q2 GAAP EPS of $1.20 beats by $0.14 . Revenue of $7.82B (+78.1% Y/Y) beats by $2.19B . Adjusted EBITDA of $214 million and Distributable Cash Flow, as adjusted of $159 million. Current quarter distribution co...

Sunoco LP Announces Second Quarter 2022 Financial and Operating Results PR Newswire Reports strong second quarter results including net income of $121 million , Adjusted EBITDA (1) of $214 million and Distributable Cash Flow, as adjusted (1) of $159 m...

Sunoco LP ( NYSE: SUN ) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, before market open. The consensus EPS Estimate is $1.06 (-38.7% Y/Y) and the consensus Revenue Estimate is $5.63B (+28.2% Y/Y). Over the last 1 year, SUN has beaten EPS est...

BlackRock Resources & Commodities Strategy Trust is a closed-end fund focused on commodities with a call selling overlay. The primary goal is to generate income. The fund runs a strategy I'm not in love with. The fund is trading at a sizeable discount to net asset value. ...

Sunoco LP Announces 2Q 2022 Earnings Release and Call Timing PR Newswire DALLAS , July 12, 2022 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its second quarter 2022 financial and operating results before the market opens on...

Energy Transfer units currently trade at a safe 8.3% yield. The current unit price is too low given ET’s prospects for leverage reduction and distribution increases. Our price target for ET units is $15.25, nearly 70% above the current price. HFI Res...

The big transition taking shape in the energy space is the shift from carbon fuels, like oil, to cleaner alternatives, like electricity. But this switch is likely to be a multidecade affair, leaving plenty of time for investors to collect distributions from well-positioned industry players ...

Sunoco (NYSE:SUN) +2.2% pre-market on Friday as Mizuho upgrades shares to Buy from Neutral with a $44 price target, saying the company's "flexible business model should prove resilient and rising prices/demand destruction are mutually exclusive over the long-term." Sunoco units (SUN) have lag...

WTI crude prices (CL1:COM) have eased from $120 to $110 a barrel over the past week, while the national average gas price dipped under $5 a gallon, but the cost of energy still remains at elevated levels. Biden administration officials are still scrambling to contain the fallout, with the rec...

Since my article in late 2018, SUN has offered excessive total shareholder returns. Despite its rally, the stock is still offering an attractive distribution yield of 8.4%. Thanks to its resilient business model, its healthy distribution coverage ratio, and its improved balance sh...