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What company owns Sunoco?
Energy Transfer Partners LP
Its parent company is Energy Transfer Partners LP, which owns Sunoco’s general partner and incentive distribution rights. In November 2016, Sunoco Logistics Partners LP acquired Energy Transfer Partners LP, which previously acquired all branches of Sunoco in 2012 for more than $5 billion.
Did 711 buy out Sunoco?
7-Eleven already bought more than 1,000 U.S.-based convenience stores and gas stations from Sunoco for $3.3 billion two years ago. The Speedway deal—7-Eleven’s largest ever acquisition—does, however, look a bit pricey. Morgan Stanley has estimated the value of Speedway’s business at around $17 billion.
When did Sunoco go out of business?
Between 1991 and 1996 the Sun Company divested its real estate and mining interests as well as its Canadian subsidiary, Suncor, and ceased its international oil and gas operations. The company changed its name to Sunoco, Inc., in 1998.
Are Shell and Sunoco the same?
Sunoco 93 is just a name brand gas. It’s the same as the Shell V-power. But alot of peeple like Sunoco more than Shell. Sunoco 93 is just a name brand gas.
Does Suncor own Sunoco?
In 2009, Suncor acquired the former Crown corporation Petro-Canada, which replaced the Sunoco brand across its existing outlets. Suncor also markets through a retail network of Shell and ExxonMobil branded outlets in Colorado….Suncor Energy.
| Type | Public |
|---|---|
| Number of employees | 12,591 (2020) |
| Website | suncor.com |
What happened to Sunoco?
In 2012, Dallas-based energy company Energy Transfer Partners purchased Sunoco. In 2014, Energy Transfer Partners acquired Susser Holdings Corporation, the parent company of Stripes Convenience Stores, and merged it with Sunoco into a master limited partnership, forming Sunoco LP.
Is Sunoco Gas good quality?
What’s in your tank matters Quality is just one of the reasons why the world’s top drivers choose Sunoco fuels. Whether you fill up with Regular (87 octane), Plus (89 octane), Premium (91 octane), or Ultra® 93 grade of fuel, rest assured you’re getting the very best at your local Sunoco gas station.
Why is Sunoco no longer top tier?
Edit: So according to Top Tier, Sunoco suspended their Top Tier participation due to COVID-19.
When did Sunoco sell its interest in Suncor Energy?
Sun sold its remaining interest in Canada’s Suncor Energy in 1995, but markets product from two refineries – one in Toledo, Ohio, and the other Sarnia, Ontario – in joint ventures. In 1998, Sun Company, Inc. became Sunoco, Inc. In 2011 the Toledo facility was sold to PBF Energy.
Where can I buy shares of Sunoco stock?
Shares of SUN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
What is the payout ratio of Sunoco?
SUN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Sunoco does not yet have a strong track record of dividend growth. The dividend payout ratio of Sunoco is 434.21%.
What are the analysts’ratings on Sunoco?
7 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Sunoco in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” Sunoco stock.