$SUN

September historically underperforms for U.S. equities, with indices like S&P 500, Dow, and Nasdaq showing average declines. This year, factors like high oil prices, rising Treasury yields, and Fed rate hike expectations add to market concerns. Zacks Investment Research recommends Archer-Daniels-Midland (ADM), Amgen (AMGN), and Sunoco LP (SUN) as defensive stocks with strong fundamentals and growth prospects.

The Texas Stock Exchange (TXSE) secured its first primary equity listings, with Energy Transfer, USA Compression Partners, Sunoco LP, and SunocoCorp LLC moving from the NYSE. The companies have a combined market cap of nearly $100 billion. TXSE aims to challenge NYSE and Nasdaq by leveraging Texas's business-friendly policies, though analysts note past attempts faced challenges.

Energy Transfer and three affiliates (ET, SUN, SUNC, USAC) plan to move their primary listings from the NYSE to the Texas Stock Exchange (TXSE), representing nearly $100 billion in market value. The move, effective in early October, marks the first major listing loss for the NYSE. TXSE, backed by major firms, aims to attract more listings and has updated index eligibility rules to facilitate the transition.

Energy Transfer (ET) and affiliates Sunoco LP (SUN), SunocoCorp (SUNC), and USA Compression (USAC) will move their listings from the NYSE to the Texas Stock Exchange (TXSE) on October 5. ET owns significant stakes in these companies, and its executive chairman, Kelcy Warren, holds a 30% stake in TXSE Group.

Adel Ahmed, owner of two Sunoco franchises in Westchester, sued Sunoco for $3 million after his franchises were terminated following his arrest on sex trafficking charges. Ahmed claims Sunoco violated federal law by terminating his franchises based on allegations, not convictions. Sunoco cited failure to meet supervision requirements and criminal misconduct as reasons for termination. Ahmed seeks court validation of his claims and monetary damages. Sunoco has not responded to requests for commen

Sunoco LP (SUN) is predicted to grow its dividend payout faster than ExxonMobil and Chevron over the next five years. The company has raised its dividend for seven consecutive quarters, targeting at least 5% annual growth. Sunoco's recent $600 million acquisition of Offen Petroleum is expected to be accretive and may further boost dividend growth, according to the company.

Sunoco LP (SUN) raised its dividend for the seventh consecutive quarter, targeting 5% annual growth. The company acquired Offen Petroleum for $600M, expecting immediate cash flow benefits. Q2 revenue surged 164.6% YoY to $14.26B, but EPS missed estimates. Analysts predict a price drop to $63.67 on average.

Sunoco LP and Verde Marine Energy (VME) announced a commercial collaboration to expand marine fuel offerings in the ARA and UK bunker markets. Sunoco brings its North American presence, while VME contributes its European supply capabilities. The partnership aims to expand market reach, introduce new products, and add bunker supply locations. Sunoco is a publicly traded US fuel distributor with significant marine-fuel operations.

Sunoco LP and Verde Marine Energy have formed a commercial partnership to expand marine fuel offerings in the ARA and UK bunker markets. Sunoco brings its North American and Caribbean presence, while Verde contributes its European supply capabilities. The collaboration aims to grow their market reach and introduce new products. Sunoco LP is a publicly traded US fuel distributor.

A VettaFi report on 2Q26 midstream dividends says 95.6% of the Alerian Midstream Energy Index (AMNA) constituents by weight increased dividends year over year. Sequential growth was driven mainly by MLPs, with no AMNA constituent cutting its regular dividend since July 2021. Examples include EPD (+1.8% to $0.56/unit) and GEL (+11.1% to $0.20). Yields as of Aug 7: AMZ 6.4%, AMZI 6.7%, AMNA 4.4%.