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Last $51.04 USD
Change Today -0.22 / -0.43%
Volume 214.4K
SUN On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

sunoco lp (SUN) Snapshot

Open
$51.21
Previous Close
$51.26
Day High
$51.55
Day Low
$50.63
52 Week High
08/25/14 - $59.99
52 Week Low
05/7/14 - $41.50
Market Cap
1.8B
Average Volume 10 Days
230.3K
EPS TTM
$2.43
Shares Outstanding
24.1M
EX-Date
05/15/15
P/E TM
21.0x
Dividend
$2.58
Dividend Yield
4.25%
Current Stock Chart for SUNOCO LP (SUN)

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sunoco lp (SUN) Details

Sunoco LP engages in the wholesale distribution and retail sale of motor fuels primarily in Texas, New Mexico, Oklahoma, Louisiana, Kansas, Maryland, Virginia, Tennessee, Georgia, and Hawaii. It operates through two segments, Wholesale and Retail. It serves convenience stores and consignment locations, contracted independent convenience store operators, and other commercial customers. The company also distributes other petroleum products, such as propane and lubricating oils; and leases or subleases real estate properties used in the retail distribution of motor fuels. As of December 31, 2014, it operated 155 convenience stores and fuel outlets offering merchandise, food service, motor fuel, and other services in 5 states. 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. Sunoco LP 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
Compensation as of Fiscal Year 2014.

sunoco lp (SUN) Key Developments

Sunoco LP Announces Management Changes

Sunoco LP announced that resignation of Sam L. Susser, Marshall S. McCrea, Martin Salinas, Jr. and William P. Williams as a board of directors. The company appointed Matthew S. Ramsey was elected as Chairman of the Board on April 30, 2015 and James W. Bryant and Richard D. Brannon were appointed to the Board by the sole member of the Company pursuant to the provisions of the Amended and Restated Limited Liability Company Agreement of the Company dated September 25, 2012, as amended. Mr. Brannon has been appointed to the Audit Committee of the Board. There is no arrangement or understanding between any of these newly elected directors and the Partnership or any other person pursuant to which such directors were elected. There are no relationships regarding Mr. Bryant or Mr. Brannon that would require disclosure pursuant to Item 404(a) of Regulation S-K. The Board approved the appointments of Leta McKinley as Vice President, Controller and Principal Accounting Officer of the Company, Cynthia A. Archer as Executive Vice President and Chief Marketing Officer of the Company, Blake Heinemann as Executive Vice President, Operations East of the Company, and R. Brad Williams as Executive Vice President, Operations West of the Company and Ms. McKinley has served as Vice President and Controller of the Company since March 2014. Immediately prior to joining the Company, she served as Controller, Water Management US, for Rockwater Energy Solutions. Prior to that, she spent 10 years working with a variety of public and private companies as a financial consultant. She also spent 10 years in public accounting as Staff and Senior Auditor at Grant Thornton and Manager and Senior Manager at KPMG and Ms. Archer previously served as Senior Vice President of Marketing of the Company from 2013-2014 and Vice President of Marketing and Development at Sunoco Inc. from 2001-2012. Prior to joining Sunoco in 2001, Ms. Archer held executive positions at Williams-Sonoma Inc. and Consolidated Rail Corporation. Sunoco is an affiliate of the Company and Mr. Heinemann joined Sunoco in March 1997 as Company-Operations Division Manager and has over 30 years’ experience in the retail petroleum and convenience store industry. Prior to joining Sunoco, Mr. Heinemann had both line and staff experience at Ultramar Corporation, Amerada Hess Corporation and Mobil Oil Corporation and Mr. Williams previously served as Senior Vice President of Operations and Real Estate for Stripes, LLC from September 2014 to April 2015. Mr. Williams previously held the position of Vice President of New Business.

Sunoco LP Acquires Eight Pico Convenience Stores in South Central Texas

Sunoco LP has acquired eight Pico convenience stores in South Central Texas. The stores will be leased to and operated by Stripes LLC. Stripes will purchase all fuel sold at the locations from Sunoco LP and has indicated it plans to rebrand the Pico stores to the Stripes convenience store banner. The stores are located in the San Antonio area and within smaller communities primarily to the west of San Antonio. All of the locations currently include food service, and most of the sites have the potential to house Stripes' proprietary restaurant, Laredo Taco Company, when converted to Stripes-branded locations.

Sunoco LP Expands Revolving Credit Facility

Sunoco LP announced that it has amended its existing revolving credit facility and expanded aggregate credit commitments from $1.25 billion to $1.5 billion. The facility with a syndicate of banks matures in September 2019. The expansion will provide the Partnership with additional financing flexibility and liquidity to fund future growth capital expenditures.

 

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Industry Analysis

SUN

Industry Average

Valuation SUN Industry Range
Price/Earnings 22.7x
Price/Sales 0.3x
Price/Book 1.6x
Price/Cash Flow 21.5x
TEV/Sales 0.2x
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