Matthew Waterman
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Matthew Waterman in Brand Power,

Great Price On Sunoco, Dakota Access Pipeline Or Not

It remains to be seen what further obstacles will be encountered with the Dakota Access Pipeline. Rather than waiting on a speculative move for Energy Transfer Partners (ETP), I recommend these two parts of Sunoco:

Sunoco Logistics Partners (SXL) transports, terminals, and stores crude oil, refined products, and natural gas liquids. The stock has a trailing P/E ratio of 46.55, and a current yield of 9.06%. Year over year, net income had been declining, but has begun to stabilize in recent quarters. Dividend growth of better than 5% over the last 4 quarters.

They could be a good turnaround target for investors, along with their general partner, Sunoco L.P. (SUN). The L.P. has a trailing P/E of 17.14, and a juicy current yield of 13.47%. The dividend on the L.P. grew slightly better than 3% last year, but as of the last quarter was unchanged, where they had historically been increasing it every quarter.