NEWS RELEASE
Sunoco LP Completes Acquisition of Texas-based
Convenience Store and Wholesale Fuel Distribution
Business
6/22/2016
DALLAS, June 22, 2016 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today that one of its wholly
owned subsidiaries completed the acquisition of the "Rattlers" retail convenience store assets and wholesale fuel
business from Kolkhorst Petroleum, Inc. This acquisition includes 14 company-operated locations and wholesale
fuel supply contracts for a network of independent dealer-owned and dealer-operated locations in the greater
Austin, Houston and Waco, Texas markets. The business distributes approximately 46 million gallons of retail and
wholesale fuel annually. As part of the transaction, Sunoco's subsidiary acquired five fee properties and nine
leased properties related to the retail business. This acquisition strengthens Sunoco's existing convenience store
and wholesale fuel distribution business in the Central and Southeast Texas markets. This transaction was funded
using amounts available under Sunoco's revolving credit facility and is expected to be immediately accretive to
Sunoco with respect to distributable cash flow.
About Sunoco LP
Sunoco LP (NYSE: SUN) is a master limited partnership that operates approximately 1,300 retail fuel sites and
convenience stores (including APlus, Stripes, Aloha Island Mart and Tigermarket brands) and distributes motor fuel
to convenience stores, independent dealers, commercial customers and distributors located in 30 states at
approximately 6,800 sites. Our parent -- Energy Transfer Equity, L.P. (NYSE: ETE) -- owns Sunoco's general partner
and incentive distribution rights. For more information, visit the Sunoco LP website at www.SunocoLP.com
Cautionary Statement Relevant to Forward-Looking Information
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This press release includes forward-looking statements regarding future events. These forward-looking statements
are based on Sunoco's current plans and expectations and involve a numbers of risks and uncertainties that could
cause actual results and events to vary materially from the results and events anticipated or implied by such
forward-looking statements. For a further discussion of these risks and uncertainties, please refer to the "Risk
Factors" section of Sunoco's most recently filed annual report on Form 10-K and in other filings made by Sunoco
with the Securities and Exchange Commission. While Sunoco may elect to update these forward-looking statements
at some point in the future, it specifically disclaims any obligation to do so, even if new information becomes
available.
Investor Contacts
Sunoco LP:
Scott Grischow
Senior Director – Investor Relations and Treasury
(469) 646-1188, scott.grischow@sunoco.com
Patrick Graham
Senior Analyst – Investor Relations and Finance
(610) 833-3776, patrick.graham@sunoco.com
Anne Pearson
Dennard-Lascar Associates
(210) 408-6321, apearson@dennardlascar.com
Media Contact
Sunoco LP:
Jeff Shields
Communications Manager
215-977-6056, jpshields@sunoco.com
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completes-acquisition-of-texas-based-convenience-store-and-wholesale-fuel-distribution-business-
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SOURCE Sunoco LP
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