Media stories about Sunoco Logistics Partners (NYSE:ETP) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sunoco Logistics Partners earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news stories about the pipeline company an impact score of 45.7138222518209 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Energy Transfer Partners, L.P. Announces Pricing of Series A and Series B Preferred Unit Offering (finance.yahoo.com)
- Energy Transfer Partners Worth Probing From the Long Side for Aggressive Types (finance.yahoo.com)
- Energy Transfer Equity Has Rejected the Downside (finance.yahoo.com)
- What Does MACD Oscillator Analysis predict about Energy Transfer Partners, LP (NYSE:ETP)? – The Oracle Examiner (oracleexaminer.com)
- Mariner East 2 Pipeline Again Delayed by Regulatory Snags – Natural Gas Intelligence (naturalgasintel.com)
ETP has been the topic of several analyst reports. Zacks Investment Research lowered shares of Sunoco Logistics Partners from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Scotiabank set a $28.00 target price on shares of Sunoco Logistics Partners and gave the stock a “buy” rating in a report on Friday, July 21st. BidaskClub raised shares of Sunoco Logistics Partners from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Citigroup Inc. lowered their target price on shares of Sunoco Logistics Partners from $30.00 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, August 15th. Finally, BMO Capital Markets set a $26.00 target price on shares of Sunoco Logistics Partners and gave the stock a “hold” rating in a report on Friday, August 18th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $26.77.
Shares of Sunoco Logistics Partners (NYSE ETP) traded down $0.26 during trading hours on Tuesday, reaching $16.54. 3,072,107 shares of the company’s stock were exchanged, compared to its average volume of 5,237,228. Sunoco Logistics Partners has a 12-month low of $16.06 and a 12-month high of $27.66. The company has a current ratio of 0.84, a quick ratio of 0.61 and a debt-to-equity ratio of 1.09. The company has a market cap of $19,410.00, a price-to-earnings ratio of 24.69 and a beta of 1.01.
Sunoco Logistics Partners (NYSE:ETP) last issued its quarterly earnings data on Tuesday, November 7th. The pipeline company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.11. Sunoco Logistics Partners had a net margin of 4.97% and a return on equity of 5.88%. The firm had revenue of $6.97 billion for the quarter, compared to analyst estimates of $7.31 billion. During the same quarter in the prior year, the firm earned ($0.49) EPS. The company’s revenue was up 26.1% on a year-over-year basis. analysts expect that Sunoco Logistics Partners will post 0.64 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Tuesday, November 7th will be given a dividend of $0.565 per share. The ex-dividend date of this dividend is Monday, November 6th. This is an increase from Sunoco Logistics Partners’s previous quarterly dividend of $0.55. This represents a $2.26 dividend on an annualized basis and a yield of 13.66%. Sunoco Logistics Partners’s dividend payout ratio is presently 376.67%.
Sunoco Logistics Partners Company Profile
Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs). The Company’s segments include Crude Oil, Natural Gas Liquids and Refined Products.
Receive News & Ratings for Sunoco Logistics Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunoco Logistics Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.