Is Sunoco Stock a Buy?
Sunoco LP (NYSE: SUN) falls into the midstream segment of the energy sector, helping to move vital energy commodities to the end markets they serve. However, it's not exactly your typical midstream name -- and that changes the dynamics here a great deal. Here's what you need to know before you consider buying Sunoco units.
Midstream-focused master limited partnership Sunoco owns a collection of distribution assets, all of which are basically centered around moving gasoline through to end customers (including trucking the fuel to individual gas stations). That's generally a pretty stable business, given that gasoline-powered automobiles are one of the largest and most used modes of transportation in the United States, the partnership's core market.
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Source Fool.com
