Home > Boards > Free Zone > User's Groups > Mohacsy's Safe Portfolio Member Forum

I added SUN to my portfolio last month

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
santafe2 Member Profile
Member Level 
Followed By 14
Posts 8,920
Boards Moderated 2
Alias Born 07/10/03
160x600 placeholder
Handelsbanken Proposes to Return $1 Billion to Shareholders
By Joe Hoppe
Entergy Corp. Prepares Responses to City Council for Entergy New Orleans
STOXX Europe 600 Index Ends 1.01% Higher at 458.68 -- Data Talk
EURO STOXX 50 Index Ends 1.33% Higher at 4097.51 -- Data Talk
STOXX Europe 50 Index Ends 1.15% Higher at 3513.42 -- Data Talk
CAC 40 Index Ends 1.50% Higher at 6552.73 -- Data Talk
DAX Ends 1.43% Higher at 15348.53 -- Data Talk
FTSE 100 Index Ends 1.12% Higher at 6980.98 -- Data Talk
U.S. Ethanol Production and Stocks Estimates for Sept 17
Goldman Sachs Down Six Consecutive Days, on Pace for Longest Losing Streak Since February 2020 -- Data Talk
FTSE 100 Roars Back on Tuesday, Driven by M&A Prospects
U.S. Crude-Oil Inventories Likely to Fall in DOE Data, Analysts Say
Activision Blizzard Worst Performer in Nasdaq 100 So Far Today, on Pace for Lowest Close Since June 2020 -- Data Talk
Uber Up Over 8%, on Pace for Largest Percent Increase Since November 2020 -- Data Talk
VC Daily: Debut Fundraising Success Rate
Uber Shares Rise on Brightened Profitability Outlook
Verrica Pharmaceuticals Shares Drop 17% After FDA Complete Response Letter
JPMorgan Chase Buys College Financial Planning Platform Frank
Existing Home Sales and New Home Sales on Tap -- Data Week Ahead
Airbus Unveals Next Generation of CityAirbus
Walgreens Boots Subsidiary Makes $970 Million Investment in Shields Health
Fortum, Rusnano JV Gets Wind Power Deal in Russia
Iberdrola's Avangrid to Take Full Ownership of Two US Offshore Wind Projects
Top Company News of the Day
UK Sells GBP10 Billion in Inaugural 2033 Green Gilt via Syndication Tap
SSE Appoints Stephen Wheeler Managing Director of SSE Renewables; Jim Smith to Retire
U.S. Housing Starts Rebounded in August, Outpacing Expectations
Portugal to Conduct Government Bond Exchange Operation on Wednesday
AutoNation CEO Mike Jackson to Retire After 22 Years With Company
Mirum Inks Japan License for Maralixibat With Takeda
Boston Scientific to Buy Rest of Devoro Medical
DAZN in Advanced Talks to Acquire BT Sport -FT
santafe2 Member Level  Tuesday, 04/27/21 02:00:03 PM
Re: dexprs post# 94490
Post # of 96693 
I added SUN to my portfolio last month at $31.05, (it replaced COP), and plan to hold it as long as management can maintain the ~10% dividend. It's 3% of portfolio holdings which is about average for me. Should it rise from here, I would reduce my share count gradually to maintain this level of exposure. That has more to do with maintaining my current portfolio exposure of 15% to traditional energy than it does with SUN. The only traditional energy holding I have over 3% is Chevron.

I should add that I don't reinvest dividends on this one, it's just a cash cow replacing income from a previous rental property.

One more note investors should consider, SUN's general partner is Energy Transfer. I won't own that one due to their Dakota access pipeline issues and now Exxon is suing them.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences