Sunoco LP: A Volatile Stock with a 6.8% Yield, Jim Cramer Says

Jim Cramer praises Sunoco LP's 6.8% yield but notes the stock's volatility is due to a lack of available shares. He wishes the company could issue more stock to improve its float. Sunoco distributes motor fuels, operates pipeline networks, and is acquiring Parkland Corporation for $9.1 billion.

Sunoco LP (SUN) saw its stock price increase by 1.52% to $53.53 in the latest trading session, outperforming the broader market indices. While the S&P 500 lost 0.33%, the Dow dropped 0.63%, and the Nasdaq fell 0.22%, Sunoco's performance was notable for its sector. The stock has lagged behind the Oils-Energy sector's 4.04% gain over the past month, and the S&P 500's 4.07% gain [1].

Investors will be closely watching Sunoco LP's earnings report scheduled for August 6, 2025. Analysts predict an EPS of $1.88, a 51.17% decline from the prior year, and revenue of $5.44 billion, down 11.94% [1]. For the full year, Zacks Consensus Estimates project earnings of $7.19 per share and revenue of $21.69 billion, reflecting changes of +19.83% and -4.44% respectively [1].

Sunoco LP's stock has been volatile due to the lack of available shares, a concern noted by Jim Cramer. The company's high yield of 6.8% is attractive to investors, but the limited float contributes to its volatility [2]. Sunoco distributes motor fuels, operates pipeline networks, and is acquiring Parkland Corporation for $9.1 billion, which may impact its future financial performance [2].

Sunoco LP's Zacks Rank is currently #3 (Hold), indicating a neutral outlook. Its Forward P/E ratio of 7.34 is a discount compared to the industry average of 20.36 [1]. The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, which Sunoco LP is part of, ranks 169 out of 250 industries, placing it in the bottom 32% [1].

Investors should monitor any changes in analyst estimates and the company's upcoming earnings report for insights into its future performance. The Zacks Rank system, which considers estimate changes, can provide actionable insights for investors.

References:
[1] https://finance.yahoo.com/news/sunoco-lp-sun-gains-market-221504709.html
[2] Jim Cramer's comments on Sunoco LP's stock, July 2, 2025