Investor Relations
Fueling Your Investment Success: Sunoco LP Investor Relations
Sunoco LP (NYSE: SUN) is a master limited partnership that distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors located in more than 40 U.S. states at approximately 10,000 sites.
SUN’s general partner is owned by Energy Transfer Operating, L.P., a subsidiary of Energy Transfer LP (NYSE: ET).
Latest News
August 7, 2024
Sunoco LP Reports Record Second Quarter 2024 Financial and Operating Results
July 25, 2024
July 16, 2024
Energy Transfer and Sunoco Announce Strategic Permian Basin Crude Oil Joint Venture
Webcasts
August 7, 2024
May 8, 2024
Investor FAQ
What is Sunoco LP?
Sunoco LP is a master limited partnership (MLP) that is a key player in the U.S. wholesale motor fuels distribution, refined products transportation, and storage and terminalling.
What is a master limited partnership?
A master limited partnership (MLP) is an entity that is structured as a limited partnership instead of a corporation. Limited partner “units” are traded on public exchanges just like shares of stock in a corporation. Unlike a corporation, MLPs do not pay corporate-level taxes. Instead, taxes are paid on a partially deferred basis by limited partner unitholders, making MLPs “pass-through” entities; that is, investors avoid the double taxation on “distributions” from an MLP that they pay on “dividends” paid by corporations. As a result, MLPs provide a tax-efficient means to invest. The tax-deferred income is not taxable until the unitholder sells the security. MLPs consist of a general partner and limited partners. The general partner manages the daily operations, typically holds an equity ownership stake in the beplay88网棋牌 ship and is often entitled to receive incentive distribution rights payments. The limited partners (or common unitholders) provide capital, typically receive quarterly cash distributions and have no role in the beplay88网棋牌 ship’s operations and management or voting rights.
What exchange does Sunoco LP’s units trade on and what is the ticker symbol?
Our common units trade on the New York Stock Exchange under the ticker symbol SUN.
Does Sunoco LP pay a dividend?
As an MLP, Sunoco LP pays a quarterly “distribution” rather than a dividend.Click herefor a history of our distribution payments. The Board of Directors reviews and approves Sunoco LP’s distribution level on a quarterly basis.
Does Sunoco LP have a dividend reinvestment plan/direct purchase plan?
Not at this time. Please contact your broker to buy or sell Sunoco LP units.