Last $51.54 USD
Change Today -0.04 / -0.08%
Volume 79.8K
SUN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:32 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

sunoco lp (SUN) Snapshot

Open
$51.97
Previous Close
$51.58
Day High
$52.34
Day Low
$51.42
52 Week High
08/25/14 - $59.99
52 Week Low
03/20/14 - $32.61
Market Cap
1.8B
Average Volume 10 Days
197.1K
EPS TTM
$2.00
Shares Outstanding
24.1M
EX-Date
02/12/15
P/E TM
25.8x
Dividend
$2.40
Dividend Yield
4.21%
Current Stock Chart for SUNOCO LP (SUN)

sunoco lp (SUN) Related Bloomberg News

View More Bloomberg News

sunoco lp (SUN) Related Businessweek News

View More BusinessWeek News

sunoco lp (SUN) Details

Sunoco LP engages in the wholesale distribution of motor fuels primarily in Texas, New Mexico, Oklahoma, and Louisiana. It serves convenience stores, independently operated consignment locations, and retail fuel outlets, as well as fuel distributors, school districts and municipalities, and other industrial customers. The company also distributes other petroleum products, such as propane and lube oil; and leases real estate properties used in the distribution of motor fuels. Sunoco GP LLC serves as the general partner of the company. The company was formerly known as Susser Petroleum Partners LP and changed its name to Sunoco LP in October 2014. The company is based in Houston, Texas. Sunoco LP is a subsidiary of Susser Holdings Corporation.

sunoco lp (SUN) Top Compensated Officers

Chief Executive Officer of Susser Petroleum P...
Total Annual Compensation: $51.3K
Chief Financial Officer of Susser Petroleum P...
Total Annual Compensation: $70.8K
Senior Vice President of Sales and Operations...
Total Annual Compensation: $186.6K
Executive Vice President of Channel Operation...
Total Annual Compensation: $236.5K
Compensation as of Fiscal Year 2014.

sunoco lp (SUN) Key Developments

Sunoco LP Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capex Guidance for the Full Year 2015

Sunoco LP reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company net income attributable to partners was $30.1 million, or $0.83 per diluted unit, compared to $9.5 million, or $0.43 per diluted unit, in the fourth quarter of 2013. Reported net income includes the impact of $5.7 million, or $0.17 per diluted unit, in charges related to the merger with Energy Transfer Partners, L.P. and other acquisition activity. Adjusted EBITDA totaled $65.5 million, of which approximately two-thirds was attributable to the acquisition of Mid-Atlantic Convenience Stores, L.L.C. and Aloha Petroleum Ltd. respectively. By comparison, adjusted EBITDA in the fourth quarter of 2013 was $14.1 million. Revenue was $1.3 billion, up approximately 20% compared to $1.1 billion in the comparable period last year. The increase was primarily the result of the contribution of $39.3 million of merchandise sales from the MACS and Aloha convenience stores acquired during the quarter, along with a 46% increase in gallons sold, partly offset by the impact of a 55 cent per gallon decrease in the average selling price per gallon of fuel. Income from operations was $40,938,000 against $27,495,000 a year ago. Income before income taxes was $37,467,000 against $22,728,000 a year ago. Gross capital expenditures were $69.1 million, which included $64.5 million for growth capital and $4.6 million for maintenance capital, excluding the MACS and Aloha acquisitions. EBITDA was $13,363,000 against $52,145,000 a year ago. For the full year, the company's revenue totaled $5.4 billion, a 20% increase compared to full year 2013, of which approximately $0.5 billion is attributable to the acquisition of MACS and Aloha. Net income attributable to partners totaled $56.7 million, a 53% increase compared to full year 2013. Adjusted EBITDA was $122.3 million, compared to $51.9 million for the 2013 period. Income from operations was $46,972,000 against $74,467,000 a year ago. Income before income taxes was $37,410,000 against $60,138,000 a year ago. The company invested $168.1 million in growth capital and $4.9 million for maintenance capital, excluding the acquisitions of MACS and Aloha. Included in growth capex is the purchase of 33 new Stripes stores that were leased back to Stripes. EBITDA was $49,625,000 against $101,422,000 a year ago. The company provided capex guidance for the full year 2015. For the period, the company expects maintenance capex of $15.0 million - $25.0 million and growth capex of $165.0 million - $215.0 million.

Sunoco Seeks Acquisitions

Sunoco LP (NYSE:SUN) is seeking acquisitions. Bob Owens, Chief Executive Officer, said, "We continue to grow through drop-downs from our parent or through acquisitions." Mary Sullivan, Chief Financial Officer, added, "We believe we're well positioned in our capital structure to execute on our drop-down plan, to continue the organic growth within our existing footprint and to continue to look for good strategic acquisitions that will drive long-term shareholder value." Mary Sullivan further said, "Today we pulled on our revolver and we have not yet accessed the bond markets. That certainly is a very feasible option for us and one that we will continue to look at as we complete future drop-downs with other acquisitions as a method of financing for us."

Sunoco LP Mulls Acquisition

Sunoco LP (NYSE:SUN) is seeking acquisition. Bob Owens, President and Chief Executive Officer of Sunoco LP, said in fourth quarter and full year 2014 results of Sunoco LP, “We plan to continue our expansion in 2015 through additional asset contributions from ETP, through purchase and leasebacks of Stripes stores, and through organic growth of new stores within our existing retail footprint. In addition, we will continue to look for opportunistic acquisitions like the Aloha assets.”

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SUN:US $51.54 USD -0.04

SUN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SUN.
View Industry Companies
 

Industry Analysis

SUN

Industry Average

Valuation SUN Industry Range
Price/Earnings 22.9x
Price/Sales 0.3x
Price/Book 1.6x
Price/Cash Flow 21.6x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SUNOCO LP, please visit www.sunocolp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.