US Stock Market Move | SunocoCorp (SUNC.US) debuts on the US stock market with a lower opening stock price.
As of the time of filing, the stock has fallen more than 1.4%, closing at $50.25.
On Thursday, Sunoco Corp (SUNC.US) made its debut on the US stock market with a lower opening price. As of the time of writing, the stock has dropped over 1.4% to $50.25. Prior to this, Sunoco completed the acquisition of Parkland, which means Sunoco will further expand its fuel supply chain map.
Sunoco is a leading energy infrastructure and fuel distribution master limited partnership in North America, with operations across 32 countries and regions in North America, the Caribbean, and Europe. Its assets include approximately 14,000 miles of pipeline networks and over 160 storage terminals, distributing over 15 billion gallons of fuel annually to around 11,000 Sunoco and affiliated brand retail locations, independent dealers, and commercial customers, making it a key player in the industry's infrastructure operations.
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