Sunoco LP

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Sunoco LP (TXSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating across 33 countries and territories in North America, the Greater Caribbean, and Europe. SUN's general partner is owned by Energy Transfer LP (TXSE: ET).

SunocoCorp LLC (TXSE: SUNC) is a publicly traded limited liability company that owns a direct limited partner interest in Sunoco LP.

A master limited partnership (MLP) is a publicly traded partnership that combines characteristics of a partnership and a publicly traded company. MLPs generally do not pay federal income tax at the entity level. Instead, taxable income is generally passed through to unitholders, who are responsible for taxes on their share of the partnership’s taxable income.

An MLP typically consists of a general partner and limited partners. The general partner manages the partnership’s operations, while limited partners generally hold publicly traded units and have limited involvement in day-to-day management.

Sunoco LP is one of the largest independent fuel distributors in the world, supplying more than 15 billion gallons of fuel annually. The Partnership delivers transportation fuels to approximately 11,000 Sunoco and partner-branded retail locations, as well as independent dealers and commercial customers.

Learn more about Sunoco’s fuel distribution business.

To better serve our customers, Sunoco LP owns and operates more than 170 terminals that support the safe, reliable and efficient distribution of fuel across its distribution network.

Learn more about Sunoco’s terminals.

Sunoco LP’s midstream operations include a network of over 14,000 miles of pipelines spanning 16 states, distributing crude oil, refined products, renewable fuels, ammonia and specialty liquids.

Learn more about Sunoco’s pipelines.

While Sunoco LP’s primary business is fuel distribution and energy infrastructure, the Partnership owns and operates the Burnaby Refinery in British Columbia, which produces about 30% of all transportation fuel used across British Columbia.

Learn more about the Burnaby Refinery.

 

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