Sunoco Logistics Partners LP (SXL) Shares are Up 1.48%

Sunoco Logistics Partners LP (SXL) has been under a strong bear grip, hence the stock is down -3.45% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.54% in the past 1 week. The stock has risen by 1.48% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.21% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.02% and the 50-Day Moving Average is 2.48%. Sunoco Logistics Partners L.P. is up 0.35% in the last 3-month period. Year-to-Date the stock performance stands at 16.83%.


Sunoco Logistics Partners LP (NYSE:SXL): stock turned positive on Friday. Though the stock opened at $28.45, the bulls momentum made the stock top out at $28.88 level for the day. The stock recorded a low of $27.88 and closed the trading day at $28.88, in the green by 1.19%. The total traded volume for the day was 981,382. The stock had closed at $28.54 in the previous days trading.

Sunoco Logistics Partners L.P. owns and operates a logistics business. The Company is engaged in the transport, terminalling and storage of crude oil, refined products and natural gas liquids (NGLs). In addition to logistics services, it also owns acquisition and marketing assets, which are used to facilitate the purchase and sale of crude oil, refined products and NGLs. The Company operates through four segments: Crude Oil Pipelines, transport crude oil in the southwest and midwest United States; Crude Oil Acquisition and Marketing, gathers, purchases, markets and sells crude oil in the mid-continent United States; Terminal Facilities, consist of crude oil, refined products and NGL terminals, and Products Pipelines, consist of crude oil, refined products and NGL terminals.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.