SUN earnings call for the period ending September 30, 2019.
News & Analysis: Sunoco
The company announced the divestiture of most of its convenience stores to 7-Eleven.
Sunoco is selling its wholly owned retail locations to get a much-needed injection of cash.
Sunoco saw its debt covenants eased in December and it led to a stock surge, but is that a reason to invest long term?
Jeffries downgrade sent shares of Sunoco LP down more than 11% in June. Is the market overreacting?
A balance-sheet-boosting asset sale also turns the company into a pure-play frack sand producer.
News that Energy Transfer Equity’s CFO was leaving weighed on the whole family last month.
The report didn't exactly alleviate the market's concerns that the distributions are safe.