Sunoco LP (NYSE: SUN) is a growth-oriented master limited partnership (MLP) that primarily distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors. SUN also operates more than 100 convenience stores and retail fuel sites.
Sunoco LP is majority owned and managed by Energy Transfer Partners, L.P. (NYSE: ETP), which also
owns Sunoco Inc. and Stripes LLC. ETP has indicated it plans to bring Sunoco Inc. and Stripes together
under Sunoco LP (formerly Susser Petroleum Partners LP) through a series of asset dropdowns from ETP
to SUN. More…