AE Wealth Management LLC Boosts Shareholding in Sunoco LP
January 15, 2023
Trending News ☀️
Sunoco ($NYSE:SUN) LP is a master limited partnership that engages in the wholesale distribution and retail sale of motor fuels. It operates through the following segments: Wholesale, Retail and All Other. It also owns and leases real estate used in the retail and wholesale segments of the motor fuel industry. Recently, AE Wealth Management LLC has increased its shareholding in Sunoco LP. This follows other institutional investors that have also been buying more of the company’s stock over the past several months. The increased buying activity from these institutional investors indicates that they are feeling optimistic about Sunoco LP’s prospects for the future.
The company has been focusing on increasing its retail segment, which includes fuel sales from its convenience stores and independent dealers. Sunoco LP has also been taking steps to improve its wholesale segment, which includes fuel sales to commercial customers and distributors. The company’s strong balance sheet and strong cash flow also suggest that it is well-positioned to continue paying out its dividend in the future. It shows that major institutional investors are confident in the company’s prospects and are willing to increase their investments in it. As Sunoco LP continues to focus on strengthening its wholesale and retail segments, investors can expect to see further upside potential from this stock in the near future.
Market Price
The news resulted in a positive reaction from the media and investors, as the stock opened at $44.3 and closed at $44.6, up by 0.7% from the previous closing price of 44.2. The partnership operates convenience stores, which sell food, beverages, and merchandise. The company has a strong presence in the business, with a wide range of products and services, including crude oil and refined petroleum products. Sunoco LP has consistently delivered strong results, with sales increasing steadily and margins expanding in recent years.
The company has also invested heavily in marketing and product development initiatives, which have enabled it to remain competitive in the industry and continue to drive growth. Overall, investors are optimistic about the future of Sunoco LP, and the increased shareholding from AE Wealth Management LLC is another sign of their confidence in the company’s long-term prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sunoco Lp. More…
| Total Revenues | Net Income | Net Margin |
| 24.77k | 442 | 1.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sunoco Lp. More…
| Operations | Investing | Financing |
| 605 | -387 | -228 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sunoco Lp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.57k | 5.6k | 11.68 |
Key Ratios Snapshot
Some of the financial key ratios for Sunoco Lp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.8% | 23.6% | 3.0% |
| FCF Margin | ROE | ROA |
| 1.7% | 46.7% | 7.0% |
VI Analysis
SUNOCO LP is a medium risk investment from the perspective of financial and business fundamentals. This assessment is made simple by the VI App, which evaluates a company’s long-term potential by assessing key financial and business metrics. The VI App has detected two risk warnings in SUNOCO LP’s income sheet and balance sheet. Users of the app can register to analyze the full report and understand these risk warnings in more detail. The financial metrics evaluated by the app include liquidity ratios, solvency ratios, profitability ratios, and debt ratios. These metrics provide insight into a company’s ability to pay bills, generate profits, and manage debt. The app also looks at several business metrics such as market share, customer loyalty, and product quality. Using these metrics, the app can provide an assessment of SUNOCO LP’s long-term prospects. It should be noted, however, that the app’s analysis is not a guarantee of future success. It is simply an assessment of the company’s current financial and business situation. As such, it is important for investors to do their own due diligence before making any investment decisions. More…
VI Peers
Headquartered in Dallas, Texas, Sunoco LP has approximately 5,000 employees and operates more than 1,300 convenience stores and gas stations in 35 states. The company’s primary competitors are Delek US Holdings Inc, HF Sinclair Corp, PTT Oil and Retail Business PCL.
– Delek US Holdings Inc ($NYSE:DK)
Delek US Holdings Inc is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels and convenience store retailing. The company operates through two segments: Refining and Logistics, and Retail. The Refining and Logistics segment includes refining operations and logistics assets that support the transportation, storage and distribution of refined products. The Retail segment consists of convenience store and fuel retailing operations. Delek US Holdings Inc is headquartered in Brentwood, Tennessee.
– HF Sinclair Corp ($NYSE:DINO)
Sinclair Broadcast Group, Inc. is one of the largest television broadcasting companies in the United States. The company owns or operates, programs or provides sales services to more than 190 television stations in 89 markets. Sinclair’s television group reaches approximately 38.9% of U.S. television households and includes FOX, ABC, CBS, CW, MyNetworkTV, and Univision affiliates. Sinclair also owns or operates four radio stations in the Pacific Northwest.
– PTT Oil and Retail Business PCL ($SET:OR)
PTT Oil and Retail Business PCL is a Thai oil and gas company with a market cap of 292.8 billion as of 2022. The company has a return on equity of 11.75%. PTT Oil and Retail Business PCL is involved in the exploration, production, refining, and marketing of oil and gas. The company also has a retail business that operates a chain of gas stations and convenience stores in Thailand.
Summary
Investing in Sunoco LP (SUN) is becoming increasingly attractive. Recently, AE Wealth Management LLC announced that it has increased its stake in the company, adding to the positive sentiment surrounding the stock. Analysts believe that the company offers a good balance between value and growth potential, and it has the potential to deliver strong returns for investors. With strong fundamentals, a diversified portfolio, and attractive dividend yields, SUN is an attractive investment opportunity in the energy sector.
Additionally, SUNOCO’s strong balance sheet, experienced management team, and low debt-to-equity ratio make it a safe investment option.
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