Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sunoco LP's share price for the quarter that ended in Dec. 2023 was $59.93. Sunoco LP's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 84 Mil. Therefore, Sunoco LP's market cap for the quarter that ended in Dec. 2023 was $5,059 Mil.
Sunoco LP's quarterly market cap
increased
from Jun. 2023 ($3,662 Mil) to Sep. 2023 ($4,115 Mil) and
increased
from Sep. 2023 ($4,115 Mil) to Dec. 2023 ($5,059 Mil).
Sunoco LP's annual market cap
increased
from Dec. 2021 ($3,416 Mil) to Dec. 2022 ($3,623 Mil) and
increased
from Dec. 2022 ($3,623 Mil) to Dec. 2023 ($5,059 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sunoco LP's Enterprise Value for Today is $8,674 Mil.
Sunoco LP Market Cap Historical Data
The historical data trend for Sunoco LP's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Sunoco LP Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
2,539.37
2,398.34
3,416.29
3,622.76
5,058.57
Sunoco LP Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
3,622.76
3,689.42
3,661.70
4,114.99
5,058.57
Competitive Comparison
For the Oil & Gas Refining & Marketing subindustry, Sunoco LP's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sunoco LP Market Cap Distribution
For the Oil & Gas industry and Energy sector, Sunoco LP's Market Cap distribution charts can be found below:
* The bar in red indicates where Sunoco LP's Market Cap falls into.
Sunoco LP Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Sunoco LP's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sunoco LP (NYSE:SUN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Sunoco LP Market Cap Related Terms
Thank you for viewing the detailed overview of Sunoco LP's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunoco LP is a Delaware limited partnership formed in June 2012 by Susser Holdings Corporation or SUSS. In September 2012, the Company completed its initial public offering. The Company, along with its wholly owned subsidiary, is an independent motor fuel distributor by gallons in Texas, and among the distributors of Valero and Chevron branded motor fuel in the United States. The Company also receives rental income from real estate that it leases or subleases. SUSS operated approximately 580 retail convenience stores under its proprietary Stripes convenience store brand at year-end, mainly in growing Texas markets. Stripes is an independent chain of convenience stores in Texas based on store count and retail motor fuel volumes sold. Its business is integral to the success of SUSS' retail operations, and SUSS purchases substantially all of its motor fuel from the Company. In addition to distributing motor fuel, it also distributes other petroleum products such as propane and lube oil, and receives rental income from real estate that it leases or subleases. The Company purchases motor fuel mainly from independent refiners and oil companies and distributes it throughout Texas and in Louisiana, New Mexico and Oklahoma. The Company competes mainly with other independent motor fuel distributors. The Company is subject to various federal, state and local environmental laws and regulations, including those relating to underground storage tanks; the release or discharge of hazardous materials into the air, water and soil; the generation, storage, handling, use, transportation and disposal of regulated materials; the exposure of persons to regulated materials; and the remediation of contaminated soil and groundwater.
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