Sunoco Logistics Partners LP

Most Recent

  • Why Sunoco Logistics Has the Lowest Profit Margins
    Company & Industry Overviews

    Why Sunoco Logistics Has the Lowest Profit Margins

    Sunoco Logistics has the lowest profit margin and ROE among its peers. Its profit margin and ROE of 1.6% and 1.7%, respectively, are well below the group average.

    By Kurt Gallon
  • uploads///EBITDA breakdown
    Earnings Report

    Pipeline Segment Will Drive NuStar Energy’s 4Q15 Performance

    The pipeline segment is NuStar’s largest business segment in terms of the EBITDA. It accounted for 50% of the total segment EBITDA in the first nine months of 2015.

    By Kurt Gallon
  • uploads///Organic Expansion Capital
    Earnings Report

    Why Sunoco Logistics Revised Its 2015 Capital Expenditure Targets

    Sunoco Logistics (SXL) will share the proportionate capital expenditure in the Bakken Pipeline project. This led SXL to revise its capital expenditure for 2015.

    By Kurt Gallon
  • uploads///Analyst Ratings
    Earnings Report

    Analyst Ratings for NuStar Energy

    The median broker target price of $44 for NuStar Energy implies a ~36.0% price return in the next 12 months from its February 3, 2016, closing price of $33.50.

    By Kurt Gallon
  • uploads///Analyst Ratings
    Earnings Report

    What Do Analysts Recommend for NGL Energy?

    ~50% of analysts rate NGL Energy a “hold,” ~40% rate it a “buy,” and the remaining ~10% rate it a “sell.”

    By Kurt Gallon
  • uploads///ETP SXL Liquids assets
    Company & Industry Overviews

    How Sunoco Logistics Could Benefit from Liquids Integration

    SXL has remained bullish on its NGL growth story, which has been supported by strong NGL supply growth from the liquids-rich Marcellus and Utica Shales.

    By Kurt Gallon
  • Energy & Utilities

    Why Sunoco Logistics has significant plans for the Permian Basin

    Sunoco Logistics Partners L.P. (SXL) is a master limited partnership (or MLP). Its Crude Oil Pipelines segment transport 4,900 miles of crude oil, primarily in Oklahoma and Texas.

    By Alex Chamberlin
  • uploads///ANR
    Company & Industry Overviews

    What Do Analysts Recommend for NuStar Energy?

    90% of analysts rate NuStar Energy a “hold” and the remaining 10% rate it as a “buy.”

    By Kurt Gallon
  • uploads///NSPC ETP SXL
    Earnings Report

    Energy Transfer Partners, Sunoco Logistics Announced Stake Sale

    Energy Transfer Partners and Sunoco Logistics Partners both surged by 8.4% in the two trading sessions following their 2Q16 earnings announcements.

    By Kurt Gallon
  • uploads///MMPs Presence in the Permian Basin
    Energy & Utilities

    Why the Permian Basin is a key focus for Magellan Midstream Partners

    Magellan Midstream Partners (MMP) has made significant investments in pipelines in the Permian region to deliver crude oil from the Permian Basin in west Texas to markets along the U.S. Gulf Coast.

    By Keisha Bandz
  • uploads///Bakken Pipeline project
    Company & Industry Overviews

    Army Corps to Begin Environmental Study of Energy Transfer’s DAPL

    DAPL is part of the $4.8 billion Bakken Pipeline project to move crude oil from the Bakken Shale formation to Gulf Coast refineries.

    By Kurt Gallon
  • Energy & Utilities

    Overview: An introduction to Mars pipelines’ expansion program

    Mars’ mainline capacity is a 54-mile segment from the connections to Ursa and Medusa at the West Delta to the connection with the Amberjack pipeline at Fourchon, Louisiana.

    By Alex Chamberlin
  • uploads///crude oil supply
    Macroeconomic Analysis

    Expected Increases in Oil, Gas Production: A Positive for MLPs

    US drilling activity in February 2017 US drilling activity stayed strong in major shale plays in February 2017, driven by the slight recovery in commodity prices and the decline in drilling costs with the usage of efficient drilling methods. According to recent Baker Hughes (BKI) rig data, the US rig count rose for the seventh […]

    By Kurt Gallon
  • uploads///EBITDA
    Company & Industry Overviews

    An Analysis of Energy Transfer Equity’s EBITDA Growth

    Energy Transfer Equity’s adjusted EBITDA has continued to grow over the recent quarters. For 2Q15, its adjusted EBITDA grew by 15% YoY compared to 2Q14.

    By Kurt Gallon
  • uploads///Analyst Recommendation
    Earnings Report

    Analysts’ 2Q15 Recommendations for Energy Transfer Partners

    At a broader level, ~71.43% of analysts surveyed rate ETP a “buy” and the remaining ~28.57% rate it a “hold.” The MLP has no “sell” recommendations.

    By Kurt Gallon
  • uploads///ANR
    Company & Industry Overviews

    What Do Analysts Recommend for NGL Energy Partners?

    62.5% of analysts rate NGL Energy Partners a “buy,” 12.5% rate it as a “hold,” and the remaining 25.0% rate it as a “sell.”

    By Kurt Gallon
  • Energy & Utilities

    Why Martin Midstream Partners could grow with Alinda’s support

    Alinda is one of the world’s largest independently owned infrastructure investment firms. It has approximately $7.8 billion in equity commitments for infrastructure investments.

    By Alex Chamberlin
  • Energy & Utilities

    Plains All American Pipeline’s Permian assets and new projects

    Plains All American Pipeline LP (PAA) is a master limited partnership that provides energy infrastructure and logistics services for crude oil, natural gas liquids (or NGLs), natural gas, and refined products.

    By Alex Chamberlin
  • uploads///Debt
    Company & Industry Overviews

    How Did ETP’s Debt Level Change Last Year?

    Energy Transfer Partners’ outstanding debt has more than doubled if we compare the pre-merger and post-merger periods.

    By Kurt Gallon
  • uploads///Crude inventories
    Macroeconomic Analysis

    Why Did a 0.9% Fall in Crude Oil Inventories Impact MLPs?

    According to data released on April 7, 2016, US crude oil (USO) inventories fell 0.9% in the week ending April 1, 2016.

    By Kurt Gallon
  • uploads///YMLI
    Energy & Utilities

    Recommendation: Compare YMLI versus the ETF’s benchmark index

    The Yorkville High Income Infrastructure MLP ETF (YMLI) tracks the Solactive High Income Infrastructure MLP.

    By Alex Chamberlin
  • uploads///Oil Production In Permian
    Energy & Utilities

    Why oil and natural gas production in the Permian should increase

    According to the Energy Information Administration’s short-term energy outlook published in June 2014, crude oil production will average 8.4 million barrels per day in 2014.

    By Alex Chamberlin
  • uploads///Partnership Structure
    Energy & Utilities

    Why Shell Midstream Partners filed for an initial public offering

    During the 12 months ending March 31, 2014, Shell Midstream had pro-forma revenues of $99.8 million and net income of $89.6 million, according to its IPO filing.

    By Alex Chamberlin
  • Energy & Utilities

    An investor’s guide to YMLI and its holdings, like Targa Resources

    The Yorkville High Income Infrastructure MLP ETF (YMLI) launched in February 2013. Major constituents of YMLI include Sunoco Logistics Partners LP (SXL) and Western Gas Equity Partners LP (WGP).

    By Alex Chamberlin
  • Energy & Utilities

    Why marine shipping is so important to Martin Midstream Partners

    Martin Midstream Partners’ Marine Transportation segment operates fleets of tows along major inland and seaborne petroleum product transportation routes.

    By Alex Chamberlin
  • uploads///nspc
    Earnings Report

    Understanding Energy Transfer’s Increased Fractionation Capacity

    ETP subsidiary, Lone Star NGL, announced the construction of a fifth fractionator at Mont Belvieu one day after its 4Q16 results.

    By Kurt Gallon
  • uploads///analyst recom
    Miscellaneous

    How Have Enbridge Energy Partners’ Price Targets Changed?

    The median target price for EEP is $22. EEP is currently trading at $18.28.

    By Rekha Khandelwal, CFA
  • uploads///Bakken Pipeline project
    Company & Industry Overviews

    What Kept Energy Transfer Equity in the News during 2016?

    Energy Transfer Equity stayed in the spotlight during 2016 mostly due to protests along the ambitious Dakota Access Pipeline project and events leading to the merger termination with Williams Companies (WMB).

    By Kurt Gallon
  • uploads///Correlation
    Macroeconomic Analysis

    How Do MLPs Correlate with Crude Oil?

    Outside of upstream MLPs, most other MLPs are generally affected when oil prices are low enough that drilling is curtailed and pipeline volumes are cut.

    By Kurt Gallon
  • uploads///Org structure
    Miscellaneous

    ETP to Merge into SXL in Unit-for-Unit Deal

    Energy Transfer Partners (ETP) has agreed to merge into Sunoco Logistics Partners (SXL) in an all-stock deal.

    By Kurt Gallon
  • uploads///acquired interest in bakken pipeline system
    Company & Industry Overviews

    Must-Know: Which Companies Own the Dakota Access Pipeline?

    In August 2016, Enbridge Energy Partners (EEP) announced that it had formed a joint venture with Marathon Petroleum (MPC).

    By Rekha Khandelwal, CFA
  • uploads///paa is up  percent in
    Company & Industry Overviews

    How Much Room Does Plains All American Have to Run?

    Plains All American Pipeline (PAA) is currently trading 9.6% above its 50-day moving average and 28% above its 200-day moving average.

    By Rekha Khandelwal, CFA
  • uploads///organic projects
    Company & Industry Overviews

    Why Protests against ETP’s Key Pipeline Project Are Troublesome

    Construction on Energy Transfer Partners’ Dakota Access Pipeline Project has halted due to protests from the Standing Rock Sioux.

    By Kurt Gallon
  • uploads///EV to EBITDA
    Company & Industry Overviews

    What Does NGL Energy’s Current Valuation Mean?

    NGL Energy’s EV-to-adjusted EBITDA ratio, using its trailing-12-month adjusted EBITDA, is 12.0x.

    By Kurt Gallon
  • uploads///mont belvieu weekly ethane prices
    Macroeconomic Analysis

    Ethane Prices Fall 3%: Impact on MLPs

    Mont Belvieu ethane prices fell 3% to $0.15 per gallon in the week ending February 5, 2016. Ethane prices had risen 5% to $0.16 per gallon in the previous week.

    By Rekha Khandelwal, CFA
  • uploads///paas forward distribution yield
    Company & Industry Overviews

    Plains All American Trades at a Much Higher Forward Yield than Its Historical Average

    Plains All American Pipeline currently trades at a forward distribution yield of about 14%—more than double of its five-year average of 6.6%.

    By Rekha Khandelwal, CFA
  • uploads///BPL cash flow measures
    Company & Industry Overviews

    Analysis of Buckeye Partners’ Cash Flow Measures

    Buckeye Partners’ capital expenditures for the first nine months of 2015 were ~$433.1 million. This is 43.9% higher than what it spent during the first nine months of 2014.

    By Kurt Gallon
  • uploads///BPL Net debt to EBITDA
    Company & Industry Overviews

    Key Analysis of Buckeye Partners’ Leverage Situation

    Buckeye Partners borrowed ~$1.1 billion under its credit facility in the first nine months of 2015. It repaid ~$0.84 billion under the same facility.

    By Kurt Gallon
  • uploads///PAAs EBITDA by segment
    Company & Industry Overviews

    Market Dynamics Impact Plains All American’s Supply and Logistics Segment

    The contribution of its Supply and Logistics segment to Plains All American Pipeline’s EBITDA fell from 27% in 3Q14 to 19% in 3Q15.

    By Rekha Khandelwal, CFA
  • uploads///BPL segment ebitda
    Company & Industry Overviews

    Analysis of Buckeye Partners’ Recent Operating Performance

    Buckeye Partners’ adjusted EBITDA from continuing operations increased to $204.2 million in 3Q15 from $200.6 million in 3Q14—a marginal increase of 1.2%.

    By Kurt Gallon
  • uploads///BPL stock performance
    Company & Industry Overviews

    Moving Average Indicates a Bearish Trend for Buckeye Partners

    Buckeye Partners has lost 20.9% of its market value during the past year, out of which 15.6% has been lost this year. The recent decline in its stock price can be attributed to the huge decline in crude prices since the start of 2016.

    By Kurt Gallon
  • uploads///mont belvieu weekly ethane prices
    Macroeconomic Analysis

    Ethane Prices Rose, Benefiting MLPs

    Mont Belvieu ethane prices rose 9% to $0.15 per gallon in the week ended January 1, 2016, from $0.14 per gallon in the previous week.

    By Rekha Khandelwal, CFA
  • uploads///weekly crude oil prices
    Macroeconomic Analysis

    How Did the Rise in Crude Oil Prices Impact MLPs?

    US crude oil prices impact energy MLPs differently. Upstream companies are affected directly by fluctuations in crude oil prices.

    By Rekha Khandelwal, CFA
  • uploads///broker recommendations
    Earnings Report

    Half of Analysts Rate Enbridge Energy Partners a ‘Hold’

    Of the analysts surveyed by Bloomberg, 43% rated Enbridge Energy Partners (EEP) a “buy,” 50% rated it a “hold,” and 7% of analysts rated it a “sell.”

    By Rekha Khandelwal, CFA
  • uploads///WMB ETE ETE basics
    Miscellaneous

    The Williams–Energy Transfer Merger: Energy Transfer Equity Basics

    Energy Transfer Equity (ETE) is a midstream holding company that holds interests in numerous partnerships in the midstream energy business.

    By Brent Nyitray, CFA, MBA
  • uploads///DCF
    Company & Industry Overviews

    What Drove Energy Transfer Equity’s Distributable Cash Flow?

    Energy Transfer Equity’s (ETE) 2Q15 distributable cash flow rose to $335 million from $218 million in 2Q14. This is a YoY (year-over-year) increase of 53.60%.

    By Kurt Gallon
  • uploads///CAPEX
    Company & Industry Overviews

    What Are Energy Transfer Equity’s Capital Expenditure Forecasts?

    Energy Transfer Equity’s (ETE) major subsidiaries include Energy Transfer Partners (ETP), Sunoco Logistics (SXL), and Sunoco LP (SUN).

    By Kurt Gallon
  • uploads///Total Returns
    Earnings Report

    Why Energy Transfer Partners’ YTD Total Returns Are Below Par

    So far, ETP has generated total returns of -17.61% in 2015. ETP’s subdued YTD performance can be attributed to weak energy prices affecting some of its business operations.

    By Kurt Gallon
  • uploads///WTI and Brent crude oil prices
    Macroeconomic Analysis

    How Crude Oil Prices Impact Energy MLPs

    While upstream energy MLPs are directly impacted by the fluctuations in crude oil prices, the impact on midstream companies is more indirect.

    By Rekha Khandelwal, CFA
  • uploads///Best Performers
    Macroeconomic Analysis

    Genesis Energy: Best Performing Midstream MLP on June 29

    Genesis Energy (GEL) was the best performing midstream MLP at the end of trading on Monday, June 29. It rose 0.16% yesterday. It has performed well YTD.

    By Kurt Gallon
  • uploads///Structure of the IDRs
    Company & Industry Overviews

    The Importance of Incentive Distribution Rights for MLPs

    Incentive distribution rights (or IDRs) determine the share of cash distribution paid to the general partner (or GP) for managing the operations of the MLPs.

    By Victor Cheng
  • uploads///Ownership Structure
    Company & Industry Overviews

    A Must-Know Overview of Energy Transfer Partners

    Energy Transfer Partners (ETP) is one of the largest publicly traded master limited partnerships in the US in terms of equity market capitalization.

    By Kurt Gallon
  • uploads///NGL Logistics asset
    Company & Industry Overviews

    An Overview of DCP Midstream’s NGL Logistics Segment

    DCP Midstream’s NGL Logistics segment transports NGLs from processing plants to fractionation facilities, petrochemical plants, and third-party storage facilities.

    By Alex Chamberlin
  • uploads///Joint Ventures
    Company & Industry Overviews

    An Overview of Sunoco Logistics’ Products Pipelines Segment

    Sunoco Logistics Partners’ (SXL) products pipelines segment transports refined products and NGLs in the northeast, midwest, and southwest United States, and in Ontario, Canada.

    By Alex Chamberlin
  • uploads///Terminals and Storage asset overview
    Company & Industry Overviews

    An Overview of Sunoco’s Terminals Facilities

    Sunoco’s terminals facilities business operates crude oil, refined products, and natural gas liquids (or NGL) terminals.

    By Alex Chamberlin
  • uploads///Acquisition and marketing volume and Gross Profit
    Company & Industry Overviews

    Crude Oil Acquisition and Marketing Is SXL’s Largest Segment

    The crude oil acquisition and marketing business is important for Sunoco Logistics. The company’s assets in the business include 335 transport trucks and 135 truck unloading facilities.

    By Alex Chamberlin
  • uploads///Asset map
    Company & Industry Overviews

    Crude Oil Pipeline Is a Major Segment for Sunoco Logistics

    In the crude oil pipeline segment, Sunoco Logistics (SXL) runs 5,800 miles of crude oil pipelines and approximately 500 miles of crude oil gathering lines.

    By Alex Chamberlin
  • uploads///Asset Map
    Company & Industry Overviews

    An Overview of Sunoco Logistics Partners

    Sunoco Logistics Partners (SXL) is an energy midstream master limited partnership. It operates crude oil, natural gas, refined products, and natural gas liquids pipeline and terminal assets.

    By Alex Chamberlin
  • Energy & Utilities

    Must-know: New pipeline projects in the Bakken

    ETP disclosed that it secured multiple long-term contracts with the shippers for the new pipeline.

    By Alex Chamberlin
  • Energy & Utilities

    Why Martin Midstream Partners’ sulfur business drives its stock

    MMLP markets molten sulfur using its highly specialized distribution assets to phosphate fertilizer producers and other industrial customers.

    By Alex Chamberlin
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.