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Sunoco LP
Previous close
$54.02
Day range
$53.60 - $54.45
Year range
$49.45 - $64.89
Market cap
7.39B USD
Avg Volume
406.48K
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 5.75B | -9.00% |
Operating expense | 319.00M | 72.43% |
Net income | 2.00M | -99.26% |
Net profit margin | 0.03 | -99.30% |
Earnings per share | 0.18 | — |
EBITDA | 200.00M | -48.19% |
Effective tax rate | 88.24% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 116.00M | -54.69% |
Total assets | 14.12B | 91.69% |
Total liabilities | 9.94B | 60.69% |
Total equity | 4.18B | — |
Shares outstanding | 136.00M | — |
Price to book | 1.76 | — |
Return on assets | 1.84% | — |
Return on capital | 2.16% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 2.00M | -99.26% |
Cash from operations | 210.00M | 21,100.00% |
Cash from investing | -118.00M | -174.42% |
Cash from financing | -202.00M | -431.15% |
Net change in cash | -110.00M | -747.06% |
Free cash flow | 109.12M | 171.21% |
About
Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas. Dating back to 1886, the company has transitioned from a vertically integrated energy company to a distributor of fuels and operator of midstream services. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses.
Its current operational focus dates back to 2018 when it divested the non–core convenience store operations to 7-Eleven for $3.2 billion, which allowed for Sunoco LP to improve its financial position. The transaction also provided a long-term take or pay fuel supply agreement with 7-Eleven to generate consistent earnings and cash flows. Joseph Kim is the current Chief Executive Officer.
As of 2024, the company distributes over 8 billion gallons of fuel across more than 40 U.S. states and territories, making it one of the largest independent fuel distributors in the United States.
The partnership was known as Sun Company, Inc. from 1886 to 1920 and 1976 to 1998, and as Sun Oil Co. from 1920 to 1976. Wikipedia
CEO
Founded
1886
Headquarters
Website
Employees
2,389