SUNOCO L.P. (SUN)
Sunoco L.P. (SUN) is a wholesale distributor of motor fuels and convenience store operator. The company owns and operates a network of convenience stores, primarily under the Stripes brand, and distributes fuel products across the United States. Sunoco is known for its extensive supply chain and logistics operations serving fueling stations, commercial customers, and retail outlets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 19, 2025 | $0.91 | 2025-08-08 | 2025-08-08 |
| May 20, 2025 | $0.90 | 2025-05-09 | 2025-05-09 |
| February 19, 2025 | $0.89 | 2025-02-07 | 2025-02-07 |
| November 19, 2024 | $0.88 | 2024-11-08 | 2024-11-08 |
| August 19, 2024 | $0.88 | 2024-08-09 | 2024-08-09 |
Dividends Summary
- SUNOCO L.P. has issued 60 dividend payments over the past 21 years
- The most recent dividend was paid 32 days ago, on August 19, 2025
- The highest dividend payed out to investors during this period was $0.9088 per share
- The average dividend paid during this period was $0.69 per share.
Company News
Energy Transfer, a midstream energy company, has experienced slower growth in 2025 but shows promising expansion potential in 2026-2027 through significant capital projects and pipeline developments.
Sunoco LP has increased its quarterly distribution by 1.25%, continuing its strategy of targeting a 5% annual distribution growth rate. The distribution will be $0.9088 per common unit, paid on August 19, 2025.
The North & South America oil storage market is expected to grow from $5.42 billion in 2023 to $7.03 billion by 2029, driven by factors like the shale oil boom, energy security concerns, and technological advancements. However, challenges like oil price volatility, environmental regulations, and geopolitical risks could impact the market's growth.
Exxon Mobil has proposed a development plan for its seventh oil project in Guyana, the Hammerhead discovery. The project is expected to come online by 2029 and increase Guyana's production capacity to around 1.4 billion barrels per day.
