Sunoco traded at $70.98 this Wednesday July 15th, decreasing $1.35 or 1.87 percent since the previous trading session. Looking back, over the last four weeks, Sunoco lost 11.71 percent. Over the last 12 months, its price rose by 36.61 percent. Looking ahead, we forecast Sunoco to be priced at 67.26 by the end of this quarter and at 63.13 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sunoco LP is primarily engaged in the distribution of motor fuels to independent dealers, distributors, and other customers. The Company is also engaged in the distribution of motor fuels to end customers at retail sites operated by commission agents. It operates through two segments: Fuel Distribution and Marketing and All Other. The Fuel Distribution and Marketing segment is a distributor of motor fuels and other petroleum products, which is supplied to third-party dealers and distributors, to independent operators of commission agent locations, to other commercial consumers of motor fuel and to its retail locations. The segment also includes transmix processing plants and refined products terminals. The All Other segment includes the Partnership's credit card services, franchise royalties, and its retail operations in Hawaii and New Jersey. Sunoco, LLC (Sunoco LLC), Sunoco Retail LLC (Sunoco Retail), Aloha Petroleum LLC and Aloha Petroleum, Ltd. (Aloha) are its subsidiaries.