Sunoco LP Market Cap 2011-2023 | SUN
Sunoco LP market cap history and chart from 2011 to 2023. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Sunoco LP market cap as of April 23, 2024 is $5.71B.
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Refining & Marketing MLP |
$5.712B |
$23.068B |
|
Sunoco LP is a master limited partnership. The partnership's prime business comprises the distribution of motor fuel to customers that include independent dealers, commercial customers, convenience stores as well as distributors. Sunoco?GP LLC, a general partner of the partnership, is owned by Energy Transfer Operating LP - an affiliate of Energy Transfer LP. In general, after buying motor fuel from refiners, Sunoco sells the fuel to customers, which determines the partnership's profit. Moreover, the partnership leases real estate that is used by motor retailers to distribute motor fuel, which generates rental income.
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