In the latest trading session, Sunoco LP (SUN) closed at $58.53, marking a +1.19% move from the previous day. This change outpaced the S&P 500's 0.64% gain on the day. At the same time, the Dow added 1.85%, and the tech-heavy Nasdaq gained 0.2%.Heading into today, shares of the master limited partnership had gained 5.86% over the past month, outpacing the Oils-Energy sector's loss of 8% and the S&P 500's gain of 3.82% in that time.Analysts and investors alike will be keeping a close eye on the performance o ...

DALLAS, July 16, 2024 /PRNewswire/ -- Energy Transfer LP (NYSE: ET) ("Energy Transfer") and Sunoco LP (NYSE: SUN) ("Sunoco") today announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin.Map of Permian assets.Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute all of its Permian crude oil gathering assets ...

Sunoco LP (SUN) closed at $57.84 in the latest trading session, marking a +1.21% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.4%.Heading into today, shares of the master limited partnership had gained 9.95% over the past month, outpacing the Oils-Energy sector's loss of 10.93% and the S&P 500's gain of 3.78% in that time.The investment community will be closely monitorin ...

DALLAS, July 9, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that it will release its second quarter 2024 financial and operating results before the market opens on Wednesday, August 7, 2024. Management will hold a conference call that same day at 9:00 a.m. Central Daylight Time (10:00 a.m. Eastern Daylight Time) to discuss SUN's results.By Phone: Dial 877-407-6184 (toll free) or 201-389-0877 at least 10 minutes before the call. A replay will be available through August 14, 2024 by dialing 8 ...

Sunoco LP (SUN) closed the most recent trading day at $56.54, moving -0.75% from the previous trading session. This change lagged the S&P 500's 0.41% loss on the day. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 0.71%. Prior to today's trading, shares of the master limited partnership had gained 14.56% over the past month. This has outpaced the Oils-Energy sector's loss of 1.17% and the S&P 500's gain of 3.53% in that time. Investors will be eagerly watching for the performance of Su ...

In the latest trading session, Sunoco LP (SUN) closed at $56.75, marking a +0.32% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.16% for the day. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.49%. The master limited partnership's stock has climbed by 12.33% in the past month, exceeding the Oils-Energy sector's loss of 0.71% and the S&P 500's gain of 3.22%. Market participants will be closely following the fin ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fi ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Sunoco LP (SUN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Sunoco LP currently has an aver ...

The latest trading session saw Sunoco LP (SUN) ending at $55.40, denoting a +1.69% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.25%. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%. The master limited partnership's stock has climbed by 6.7% in the past month, exceeding the Oils-Energy sector's loss of 5.24% and the S&P 500's gain of 3.59%. The upcoming earnings release of Sunoco LP will be of great interest ...

Sunoco LP (SUN) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this master limited partnership reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estima ...