Monday, April 29, 2013

Energy Stocks - Sunoco Logistics Partners L.P. (SXL)

1. Sunoco Logistics Partners L.P. (SXL)

Heres a link to the yearly chart for Sunoco Logistics Partners L.P. (SXL).

https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1367265600000&chddm=31671&chls=IntervalBasedLine&q=NYSE:SXL&ntsp=0&ei=jJR-Ufi6CYHD0AG8igE

        Based on this stock chart, it is safe to say that the Sunoco gas company has been doing much better, than it had done in 2012. During the month of April, 2012 Sunoco stock cost an average of $40.00. Now, a single stock for Sunoco cost $61.05. That is a huge improvement. Better yet, it isn't even summer yet. When the summer heat comes in, and people begin travel more, gasoline will be in higher demand. That means, the stock is bound to increase in price yet again. Another positive aspect about Sunoco gasoline, is that it is considered the official fuel of NASCAR race cars. This will surely aid in the demand for Sunoco gasoline. As the summer nears, more race car events will occur surely improving the stock sales as well. One of the very reasons, purchasing Sunoco gasoline, and its stock is suggested by its customers, deals with  the companies honesty. It has signed Coalition for Environmentally Responsible Economies (CERES). This treaty, ensures that the company details its environmental factors both positive and negative to the public at all times. Meaning, that no information is to be hidden, everything must be expressed to society. By conditions such as these, the company should gain fame, for its concern about society, and the environment around it.

- Pietro Dolcimasclo

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