For general investor inquiries and questions, email us at:
Vice President – Investor Relations & Treasury
Derek Rabe, CFA
Manager – Investor Relations, Strategy & Growth
Computershare is the transfer agent and registrar for Sunoco LP units. Please contact Computershare to transfer your units or update your address with the transfer agent, or if you have other questions about your account.
250 Royall Street
Canton, MA 02021
Download K-1 Info
8:00 am – 5:00 pm, CST
Tax Package Support
PO Box 799060
Dallas, TX 75379-9060
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 Partnership 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 Partnership’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 a master limited partnership (MLP), Sunoco LP pays a quarterly “distribution” rather than a dividend. Click here for 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.