NYSE:SUNOil and Gas
Sunoco Duck Thru Deal Expands Retail Footprint And Undervaluation Debate
Sunoco (NYSE:SUN) has agreed to acquire 56 Duck Thru Food Stores from Jernigan Oil Company.
The transaction expands Sunoco's owned and operated convenience store footprint.
The deal reflects a continued focus on growing its retail presence rather than trimming recently acquired assets.
For investors watching NYSE:SUN, this move comes with the units trading around $58.9. Over the past 5 years, Sunoco units have returned 175.6%, with a 3 year return of 52.9% and a year to date return of...