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SUN trade ideas

Sunoco LP Acquires West Texas Assets & European Liquid FuelsSunoco LP (NYSE: SET:SUN ) is making strategic strides in its growth journey with the completion of two significant transactions – the acquisition of European liquid fuels terminals and the divestiture of convenience stores in West Texas. These moves underscore Sunoco's commitment to optimizing its portfolio, enhancing supply chain efficiencies, and positioning itself for sustainable growth. Let's explore the implications of these transactions and their impact on Sunoco's future prospects. 1. European Terminal Acquisition: Sunoco's acquisition of liquid fuel terminals in Europe, including the Amsterdam terminal and Bantry Bay terminal, marks a strategic entry into key markets. The Amsterdam terminal's strategic location within the Port of Amsterdam enhances Sunoco's supply chain capabilities and strengthens its presence in Europe's energy market. Additionally, the Bantry Bay terminal in Ireland adds to Sunoco's portfolio of critical infrastructure, supporting the nation's strategic oil reserves and reinforcing its commitment to stable midstream income. 2. Portfolio Optimization Through Divestiture: Sunoco's divestiture of 204 convenience stores in West Texas to 7-Eleven, Inc. highlights its focus on portfolio optimization and value creation. The approximately $1.0 billion transaction allows Sunoco ( SET:SUN ) to streamline its operations, optimize its asset mix, and position its balance sheet for future growth initiatives. The amended fuel supply agreement with 7-Eleven further enhances Sunoco's revenue potential and strengthens its partnership with a leading convenience store retailer. 3. Accretive Impact on Unitholders: Both the European terminal acquisition and the West Texas divestiture are immediately accretive to Sunoco's unitholders on key metrics. These transactions are completed at attractive multiples, contributing positively to Sunoco's financial performance and reaffirming its commitment to creating value for stakeholders. The expected full-year Adjusted EBITDA range of $975 million to $1 billion reflects the anticipated benefits from these strategic moves and underscores Sunoco's optimistic outlook for future growth. 4. Non-GAAP Financial Metrics and Disclosure: Sunoco's disclosure of Adjusted EBITDA as a non-GAAP financial measure provides investors with insights into the Partnership's operational performance and financial health. While acknowledging the limitations of non-GAAP measures, Sunoco emphasizes transparency and accountability in its reporting practices, ensuring stakeholders have access to comprehensive financial information. 5. Future Growth Trajectory and Partnership Structure: Sunoco's core operations, including motor fuel distribution and refined product transportation assets, position the Partnership for continued growth and value creation. With its general partner owned by Energy Transfer LP, Sunoco benefits from a robust partnership structure and synergies within the Energy Transfer family, further enhancing its competitive advantage and growth prospects. Conclusion: By expanding into key European markets and optimizing its portfolio through divestiture, Sunoco ( SET:SUN ) strengthens its position as a leading player in the energy distribution industry. With a focus on operational excellence, financial discipline, and transparent reporting practices, Sunoco ( SET:SUN ) sets the stage for sustained growth and long-term success in a dynamic and evolving market landscape.
NYSE:SUNLong
by DEXWireNews
SUNThis is one of my favorite patterns. This is in an uptrend in the higher timeframes. the Daily, weekly and monthly. It is near an all time high. On the daily it formed what I call the "W" pattern on the daily chart. The W is a new high (11/20), a failed breakout (11/30), then declines to the last low (to the penny) and then breakouts out to a new high. The choice if you see this happening is to buy the breakout .05-.10 above last high. Or you can wait until it comes back to its prior breakout which happened on 1/22. Knowing that breakouts don't always come back to the point of the breakout, My strategy is to buy 1/4 position on the breakout and if it comes back the breakout area (the blue demand zone I have drawn), I buy the remaining 3/4 position. What makes this pattern my favorite is that this another "W" pattern to be found in the 15 min chart which allows an earlier and entry and a more profitable targets. You can see that in the 15 min chart, it has already cleared the 5/1 target. In the daily it hit the 2/1 target. Fractal W's are a great setup. Another point to this setup is to see an explosive move out of the W pattern. The expectation is that on the return the will be unfilled buy orders since it took off so fast and those orders are still open. I missed the original breakout but got it on the return back in the demand zone
NYSE:SUN
by Bubbalouie
Sunoco Acquiring NuStar Energy in a $7.3 Billion All-Stock DealIn a bold strategic move, Sunoco ( SET:SUN ), the prominent motor fuels distributor, has announced its intention to acquire NuStar Energy, a key player in the oil and gas transportation service industry. The all-stock deal, valued at an impressive $7.3 billion, including assumed debt, marks a significant step for Sunoco as it seeks to strengthen its position in the highly competitive energy market. The deal, which has received approval from the boards of both Sunoco ( SET:SUN ) and NuStar, involves NuStar's common shareholders receiving 0.400 Sunoco shares for each NuStar common unit. This exchange represents a generous 31.9% premium to NuStar's last closing price, signaling Sunoco's commitment to creating value for NuStar shareholders. Market dynamics were immediately reflected in premarket trading, with Sunoco's shares experiencing a 2.5% dip, while NuStar's shares surged an impressive 26%. This market reaction underscores the market's confidence in the strategic synergy and growth potential arising from this transformative acquisition. One of the key highlights of this deal is the projected synergies of $150 million by the third year post-closure. Sunoco and NuStar anticipate that the combined strengths of their operations will yield substantial cost savings and operational efficiencies. These synergies are expected to enhance the overall competitiveness of the merged entity in an ever-evolving energy landscape. The acquisition is slated to close in the second quarter of 2024, pending regulatory approvals and other customary closing conditions. As the energy sector witnesses rapid transformations and increasing competition, this strategic move positions Sunoco to navigate challenges and capitalize on emerging opportunities. Sunoco's ( SET:SUN ) decision to acquire NuStar aligns with the broader industry trend of consolidation as companies seek to optimize their operations, enhance market share, and adapt to changing market dynamics. The merger is expected to create a formidable force in the energy sector, leveraging the complementary strengths of both companies to achieve sustained growth. Industry analysts are already buzzing with speculations about the potential impact of this acquisition on the broader energy landscape. As the merged entity emerges, investors will be keenly watching how Sunoco ( SET:SUN ) harnesses NuStar's assets and capabilities to create a more resilient and competitive business. In conclusion, Sunoco's ( SET:SUN ) acquisition of NuStar Energy represents a strategic chess move in the dynamic energy sector. With a substantial all-stock deal, a premium offered to NuStar shareholders, and anticipated synergies, Sunoco ( SET:SUN ) is poised to emerge as a stronger and more competitive player. As the deal progresses towards closure, the industry awaits the unveiling of a new, unified force ready to navigate the complexities of the evolving energy market.
NYSE:SUN
by DEXWireNews
Sunoco LP Strategic Moves Signal Growth Amidst Mixed Financials Sunoco LP., ( SET:SUN ) a key player in the energy sector, has recently unveiled a series of strategic moves that suggest a calculated approach to future growth. The company's announcement of a $1 billion deal with 7-Eleven, coupled with the planned acquisition of European terminals, reflects a commitment to expansion and optimization. While financial figures for the past year present a mixed picture, Sunoco's recent performance in Q3 2024 signals a positive trajectory. Strategic Moves for Growth: Sunoco's decision to sell 204 convenience stores to 7-Eleven for approximately $1 billion underscores the company's focus on streamlining operations and reducing leverage. The deal not only includes the sale of stores but also involves amending the existing fuel supply agreement with 7-Eleven, a move that could enhance fuel gross profit for Sunoco. The infusion of capital from the sale is earmarked to fortify the company's financial position and pursue future growth opportunities, all while ensuring a robust balance sheet and sustaining multi-year distribution growth. In addition to the 7-Eleven deal, Sunoco's intention to acquire 100% equity interest in Zenith Energy Netherlands Amsterdam B.V. signifies a strategic move into the European market. The acquisition includes liquid fuels terminals in Amsterdam, Netherlands, and Bantry Bay, Ireland, providing supply optimization for Sunoco's existing East Coast business. This move aligns with Sunoco's broader strategy of growing its portfolio of stable midstream income. The company anticipates the acquisition to be accretive to unitholders in the first year and plans to finance it using available amounts under its revolving credit facility. Financial Performance Analysis: Sunoco's financial performance in Q3 2024 reveals a tale of contrasts. While total revenue for the past year showed a robust 46.22% increase, net income figures dipped by 10.99% compared to the previous year. However, the most recent quarter tells a different story, with net income spiking by an impressive 280.3%, signaling a potential turnaround. Similarly, earnings per share (EPS) for the past year witnessed a decrease of 11.37%, but the third quarter of 2024 saw a remarkable improvement of 279.84%. Technical Outlook: From a technical standpoint, Sunoco LP Unit is currently in a rising trend channel in the medium to long term. Trading near the top of its 52-week range and above its 200-day simple moving average, the stock's upward momentum suggests a positive sentiment among investors. This trend could be attributed to the recent strategic moves, indicating that investors view Sunoco's growth initiatives favorably. Conclusion: Sunoco LP's recent strategic moves, including the 7-Eleven deal and the European terminals acquisition, demonstrate a proactive approach to growth and optimization. Despite mixed financial figures for the past year, the significant improvement in Q3 2024 suggests that Sunoco is on a positive trajectory. Investors, buoyed by the company's strategic initiatives, seem to be driving the share price higher, indicating a promising future for Sunoco LP.
NYSE:SUNLong
by DEXWireNews
Last call for Sunoco. SUNWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:SUNLong
by Rykin_Capital
Impulse done on Sunoco. SUNAnother impulse finished. We are going down. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:SUNShort
by Rykin_Capital
1
Sunoco 11 RRR shortTrading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point. 3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line . 4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line. This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.
NYSE:SUNShort
by fiboracle