Bullish indicating open at $55-$60, IPO prices at $37
DALLAS - Sunoco LP (NYSE:SUN) declared a quarterly distribution of $0.9088 per common unit for the quarter ended June 30, 2025, representing a 1.25% increase from the previous quarter, according to a press release statement. The company’s parent, Energy Transfer LP (NYSE:ET), currently offers a substantial 7.39% dividend yield and has maintained consistent dividend payments for 20 consecutive years.
The new distribution, which equates to $3.6352 on an annualized basis, marks the third consecutive quarterly increase for the energy infrastructure and fuel distribution master limited partnership. The increase aligns with Sunoco’s capital allocation strategy and 2025 business outlook, which includes a target annual distribution growth rate of at least 5%. According to InvestingPro analysis, Energy Transfer maintains a strong financial health score of "GOOD" and appears undervalued based on its Fair Value metrics.
Since 2022, Sunoco has increased its distributions by approximately 10%, the company stated.
The quarterly payment will be distributed on August 19, 2025, to common unitholders of record as of August 8, 2025.
Sunoco LP operates in over 40 U.S. states, Puerto Rico, Europe, and Mexico. The partnership’s infrastructure includes approximately 14,000 miles of pipeline and over 100 terminals, supporting its fuel distribution operations that serve about 7,400 Sunoco and partner branded locations.
The company’s general partner is owned by Energy Transfer LP (NYSE:ET).
In other recent news, Energy Transfer has reported its financial results for the first quarter of 2025. The company posted a net income of $1.32 billion, an increase from $1.24 billion in the same period last year. However, Energy Transfer’s revenue of $21.02 billion fell short of the consensus estimate of $22.42 billion. Despite this, the company’s earnings per share matched analyst expectations at $0.36, and interstate natural gas transportation volumes increased by 3%.
Additionally, TD Cowen has initiated coverage on Energy Transfer with a Buy rating, citing the company’s diversified operations and strategic advantages. In another development, the Bureau of Industry and Security has rescinded the license requirement for Energy Transfer’s ethane exports to China, effective immediately. Furthermore, Energy Transfer, in collaboration with Enbridge, plans to upgrade pipeline capacity in Illinois to enhance crude oil flows to the U.S. Gulf Coast. These developments reflect the company’s ongoing strategic initiatives and market activities.
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