Here's Why Sunoco LP (SUN) Fell More Than Broader Market

Sunoco LP (SUN) declined 2.69% to $72.61 in the latest session, underperforming the S&P 500. The company is expected to report significant earnings growth of 362.5% EPS and 101.28% revenue growth for the upcoming quarter. With a Zacks Rank of #3 (Hold) and a Forward P/E of 7.79 (below industry average of 10.78), the stock trades at a valuation discount. The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry ranks in the top 4% of all industries.