Joseph Kim - Sunoco LP CEO

SUN Stock  USD 54.63  0.44  0.81%   

CEO

Mr. Joseph Kim was appointed President, Chief Executive Officer, Chief Operating Officer of the Company., effective on January 1, 2018. He is President, Chief Operating Officer and General Partner of the Company. Previously, Kim held the position of chief operating officer at Pizza Hut, where he was responsible for management of all operations, with an emphasis on speed to market and restaurant excellence. Prior to that, he worked for fifteen years at Valero Energy where his most recent position was senior vice president of strategy and growth. He also held roles in field and franchise operations, strategic planning, merchandising, development and investor relations. He began his career with Arthur Andersen Business Consulting. Kim is a graduate of Trinity University in San Antonio, Texaswith a bachelor degree in business administration. since 2018.
Age 52
Tenure 6 years
Address 8111 Westchester Drive, Dallas, TX, United States, 75225
Phone214 981 0700
Webhttps://www.sunocolp.com

Latest Insider Transactions

2024-05-23Acquired 5000 shares @ 50.5View
Kim previously served as Executive Vice President – Chief Development Officer of the Company since October 2015. Prior to joining Sunoco LP in October 2015, Mr. Kim held various executive positions, including Chief Operating Officer for Pizza Hut and Senior Vice President—Retail Strategy and Growth for Valero Energy. Prior to his 18 years with Pizza Hut and Valero, Mr. Kim worked for Arthur Anderson within both the Audit and Consulting business units. He is a graduate of Trinity University with a bachelor’s degree in Business Administration.

Sunoco LP Management Efficiency

The company has Return on Asset of 0.0328 % which means that on every $100 spent on assets, it made $0.0328 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.234 %, implying that it generated $0.234 on every 100 dollars invested. Sunoco LP's management efficiency ratios could be used to measure how well Sunoco LP manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.08. At this time, Sunoco LP's Other Assets are very stable compared to the past year. As of the 28th of November 2024, Intangible Assets is likely to grow to about 563.7 M, while Total Assets are likely to drop about 5.1 B.
Sunoco LP has 4.11 B in debt with debt to equity (D/E) ratio of 4.0, meaning that the company heavily relies on borrowing funds for operations. Sunoco LP has a current ratio of 1.38, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Sunoco to invest in growth at high rates of return.

Similar Executives

Found 8 records

CEO Age

David LampCVR Energy
66
Jeffrey WoosnamStar Gas Partners
56
Charles NifongCrossamerica Partners LP
50
Avigal CPADelek Energy
46
Michael HenniganMarathon Petroleum Corp
65
Matthew LuceyPBF Energy
51
Michael JenningsHF Sinclair Corp
58
Avigal CPADelek Logistics Partners
46
Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. Sunoco LP was founded in 1886 and is headquartered in Dallas, Texas. Sunoco LP operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 2225 people. Sunoco LP (SUN) is traded on New York Stock Exchange in USA. It is located in 8111 Westchester Drive, Dallas, TX, United States, 75225 and employs 2,389 people. Sunoco LP is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Sunoco LP Leadership Team

Elected by the shareholders, the Sunoco LP's board of directors comprises two types of representatives: Sunoco LP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sunoco. The board's role is to monitor Sunoco LP's management team and ensure that shareholders' interests are well served. Sunoco LP's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sunoco LP's outside directors are responsible for providing unbiased perspectives on the board's policies.
Imad Anbouba, Independent Director of the General Partner
Camilla Harris, Principal Accounting Officer, Vice President, Controller of general partner
Ray Washburne, Independent Chairman of the Board of the Board of the General Partner
Arnold Dodderer, General Counsel & Assistant Secretary of our General Partner
Austin Harkness, Optimization Pricing
Rick Raymer, Principal Accounting Officer, Vice President Controller of the General Partner
James Bryant, Independent Director of the General Partner
Dylan Bramhall, Chief Financial Officer of the General Partner
Alison Gladwin, Senior Vice President - Marketing and Administration of the General Partner
Oscar Alvarez, Independent Director of the General Partner
David Skidmore, Independent Director of the General Partner
William Williams, Independent Director of the General Partner
Thomas Miller, Chief Financial Officer of General Partner
Brian Hand, Senior Vice President, Chief Development and Marketing Officer of General Partner
Thomas Long, Director of the General Partner
Joseph Kim, President, Chief Executive Officer, Chief Operating Officer of General Partner
Matthew Ramsey, Chairman of the Board of General Partner
Christopher Curia, Executive Vice President - Human Resources, Director of General Partner
Scott Grischow, Director of Investor Relations -Susser Petroleum Partners Gp Llc and Director of Treasury - Susser Petroleum Partners Gp Llc
Karl Fails, Chief Operations Officer, Executive Vice President of General Partner

Sunoco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sunoco LP a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Sunoco LP

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sunoco LP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sunoco LP will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Sunoco LP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sunoco LP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sunoco LP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sunoco LP to buy it.
The correlation of Sunoco LP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sunoco LP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sunoco LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sunoco LP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sunoco LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunoco LP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunoco Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunoco Lp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunoco LP. If investors know Sunoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunoco LP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.936
Dividend Share
3.469
Earnings Share
3.91
Revenue Per Share
218.578
Quarterly Revenue Growth
(0.09)
The market value of Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.