![]() Transmix is a term people use when multiple fuel products are distributed through a common pipeline and transportation mixing occurs – hence the term transmix. Sunoco has distributed around 8 billion gallons of fuel to their approximate 7,400 customers comprised of dealers, distributors, and commission agent customers – and to top it off the company has approximately 1,600 commercial customers. Sunoco is vertically integrated into both the downstream and upstream markets, with their fuel distribution segment boasting claim to America’s largest independent fuel distributor. When you factor in the company’s transmix and reclamation segment of business, the company certainly is well integrated. The company also owns four transmix facilities located strategically around major oil and pipeline hubs throughout the United States. The company owns 42 refined product terminals and features around 20 million barrels of total storage capacity. Sunoco has an extensive logistics infrastructure that supports their downstream business segments. Sunoco LP has an impressive logistics infrastructure as well - in both the midstream and downstream market. The company also owns a portfolio of non-fuel products and convenience store solutions - including value added food & beverage services for convenience stores, gas station retail services, gas station equipment, and even offers commercial real estate services. On top of the fuel and reclamation sides of the business, Sunoco LP also has an enormous presence in retail solutions within the oil & gas industry. In fact, Sunoco owns and operates 27 terminals and four transmix facilities. Sunoco LP offers one of the most diverse range of products and services in the industry.īut the company does more than just fuel. The company offers a diverse range of fuels – from branded to unbranded fuels to race fuels and specialty canned fuels. The company is one of the largest independent fuel distributors in the United States, providing motor fuel to convenience stores, independent dealers, commercial customers, and distributors in more than 33 states and growing. Sunoco LP is vertically integrated into the midstream and downstream sectors of the oil & gas industry. By the end you'll see why SUN stock is a decent add to any income portfolio. They're expanding, carry low debt, and have a very nice valuation. In this article we'll explore their range of products and integrations, their revenue, debt, distribution increase, and valuation. As such they've positioned themselves well in the industry and have been a stalwart payer of a distribution for many years (which they raised in the last quarter). Sunoco LP ( NYSE: SUN) is a well-run, and well-known, player in the energy industry. Do your research prior to buying this ticker. This may not be appropriate for all tax situations nor is it generally appropriate in retirement accounts. Note: SUN is a Master Limited Partnership and pays a distribution on a K-1, not a traditional dividend.
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