Is Sunoco a Buy?
Sunoco (NYSE: SUN) has had its share of struggles in recent years. The fuel distribution-focused master limited partnership found itself saddled with too much debt after acquiring several portfolios of gas stations. Those borrowings weighed on the company's balance sheet, which put pressure on its unit price.
Sunoco, however, has made several moves in recent years to bolster its financial situation. It's in a much better spot these days, which has helped fuel a 15% gain in its unit price this year.
Here's a look at the case for and against buying this high-yielding MLP.
Source Fool.com
