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Sunoco LP (SUN)

SUN on New York Consolidated

30.90USD
22 Sep 2017
Change (% chg)

$0.13 (+0.42%)
Prev Close
$30.77
Open
$30.82
Day's High
$31.17
Day's Low
$30.73
Volume
176,888
Avg. Vol
293,702
52-wk High
$32.67
52-wk Low
$21.01

Latest Key Developments (Source: Significant Developments)

Sunoco Q2 loss per share $2.53
Tuesday, 8 Aug 2017 05:51pm EDT 

Aug 8 (Reuters) - Sunoco Lp :Sunoco Lp announces second quarter financial and operating results.Q2 revenue rose 13 percent to $2.4 billion.Q2 revenue view $4.38 billion -- Thomson Reuters I/B/E/S.Q2 loss per share $2.53.Q2 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Sunoco Lp- ‍same-store merchandise sales increased by 1.0 percent during Q2​.Sunoco Lp - qtrly ‍same-store gallons decreased by 2.1 percent as a result of weakness throughout SUN's retail geography, particularly on East Coast.  Full Article

Sunoco CEO Bob Owens to retire
Thursday, 22 Jun 2017 05:45pm EDT 

June 22 (Reuters) - Sunoco Lp -:Sunoco Lp announces Bob Owens, president and chief executive officer to retire, Joe Kim named president and coo.Sunoco Lp - Owens will continue as ceo until his retirement and will then serve as a consultant to partnership through 2019.Sunoco LP - Boyd Foster, executive vice president manufacturing and distribution also retiring from partnership effective December 31, 2017.Sunoco Lp - Cynthia Archer, executive vice president, retiring from partnership effective December 31, 2017..  Full Article

Sunoco LP announces first quarter financial and operating results
Wednesday, 3 May 2017 04:53pm EDT 

May 3 (Reuters) - Sunoco LP :Sunoco LP announces first quarter financial and operating results.Q1 revenue $4.4 billion versus I/B/E/S view $3.86 billion.Q1 loss per share $0.22.Q1 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sunoco LP - executed definitive agreement to divest a majority of company-operated convenience stores to 7-Eleven Inc for $3.3 billion.Says same-store merchandise sales decreased by 1.1 percent during Q1.Sunoco LP - excluding acquisitions, expects approximately $150 million to be spent on growth capital for full year 2017.  Full Article

Sunoco LP maintains quarterly distribution
Thursday, 27 Apr 2017 06:06pm EDT 

April 27 (Reuters) - Energy Transfer Equity Lp :Sunoco lp maintains quarterly distribution.Sunoco lp says board of directors of its general partner declared a quarterly distribution for q1 of 2017 of $0.8255 per common unit.  Full Article

Sunoco to divest convenience stores in continental U.S.
Thursday, 6 Apr 2017 06:00am EDT 

Sunoco Lp - : Sunoco Lp announces strategic divestiture of convenience stores in continental United States .Sunoco Lp - has retained jp morgan to market approximately 200 remaining convenience stores in North And West Texas, new Mexico and Oklahoma.  Full Article

Sunoco LP declared a quarterly distribution for Q4 of 2016 of $0.8255 per common unit
Wednesday, 1 Feb 2017 04:59pm EST 

Sunoco LP :Sunoco LP - Declared a quarterly distribution for Q4 of 2016 of $0.8255 per common unit.  Full Article

Sunoco LP announces real estate portfolio strategy
Wednesday, 18 Jan 2017 07:00am EST 

Energy Transfer Equity Lp : Sunoco LP announces real estate portfolio strategy . Sunoco LP - partnership has retained nrc realty & capital advisers, LLC to assist with strategic alternatives for more than 100 real estate assets . Sunoco LP says real estate assets included in this process are company-owned locations, undeveloped greenfield sites and other excess real estate .Sunoco -properties will be sold through a sealed-bid sale in a 'buy one, some or all' format.  Full Article

Sunoco Lp entered into an amendment to that certain credit agreement
Thursday, 22 Dec 2016 04:00pm EST 

Sunoco Lp : Sunoco- libor rate loans increased from 2.500% to 3.00%, maximum applicable margin for base rate loans increased from 1.500% to 2.00% under amendment .Sunoco lp - on dec 21, 2016 entered into an amendment to that certain credit agreement, dated as of september 25, 2014 - SEC filing.  Full Article

Sunoco LP announces amendment to its credit facilities
Wednesday, 21 Dec 2016 05:09pm EST 

Sunoco LP - : Sunoco LP says has amended certain key items of its $1.5 billion revolving credit facility and $2.0 billion term loan agreement . Amended certain key items of term loan agreement to provide temporary covenant relief and financial flexibility over upcoming quarters . Amendment include maximum leverage ratio to be increased to 6.75x beginning in Q4 2016 through 12/31/2017 with following step-downs thereafter .Sunoco LP announces amendment to its credit facilities.  Full Article

Sunoco LP maintains qtrly distribution of $0.8255/common unit
Wednesday, 26 Oct 2016 05:00pm EDT 

Energy Transfer Equity Lp : Sunoco LP maintains quarterly distribution .Sunoco LP - declared a quarterly distribution for Q3 of 2016 of $0.8255 per common unit.  Full Article

BRIEF-Sunoco Q2 loss per share $2.53

* Sunoco Lp announces second quarter financial and operating results