Sunoco LP (SUN) Stock

At the end of the last trading day, Sunoco LP (SUN) was priced at $51.77, which represents a 0.64% increase compared to the previous day.

Sunoco LP (SUN) finished the latest trading session at $51.44, which represents a 0.7% increase from the previous day's closing price.

Sunoco LP (SUN) finished the last trading day at $51.08, which is a decrease of 1.75% compared to the day before.

Famous investor Warren Buffett suggests that we should be cautious when others are being overly confident and take risks when others are scared. A method to assess the level of fear in a stock is by using a technical analysis tool known as the Relative Strength Index (RSI), which evaluates momentum on a scale from zero to 100.

Sunoco LP (SUN) finished the last trading day at $51.07, which is an increase of 0.41% compared to the day before.

Sunoco LP (SUN) finished the last trading day at $51.07, which is an increase of 0.41% compared to the day before.

Sunoco LP has not performed as well as the market, with only a 4% increase in the last year, but the successful integration of NuStar assets has greatly improved its EBITDA and DCF. Although general and administrative expenses have risen because of the NuStar acquisition, the company has realized $60 million in synergies and expects to reach $125 million next year. The balance sheet has improved quickly, meeting a 4x net debt/EBITDA leverage target, which opens up possibilities for returning capital to unitholders, although distribution growth will be slow.

This Industry Outlook article has featured Targa Resources, Western Midstream Partners, and Sunoco.

After thoroughly examining the Zacks Oil and Gas - Refining & Marketing MLP sector, we recommend paying attention to companies such as TRGP, SUN, and WES.