Sunoco LP Announces Denitive Agreement to
Acquire Rened Products Terminals From American
Midstream Partners LP
DALLAS, Nov. 15, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the execution of a
denitive agreement to purchase the rened products terminalling business from American Midstream Partners,
LP (NYSE: AMID) for approximately $125 million plus working capital adjustments.
The rened products terminalling business consists of terminals located in Caddo Mills, Texas and North Little Rock,
Arkansas with a combined 21 tanks, approximately 1.3 million barrels of storage capacity and approximately 77,500
barrels per day of total throughput capacity.
The acquisition builds on Sunoco's strategy of adding fee-based rened product terminals into the overall
portfolio. The acquisition issubject to customary closing conditions including clearance under the Hart-Scott-
Rodino Act and is expected to closeinthe fourth quarter of 2018. The transactionis expected to be accretiveto
Sunocowith respect to distributable cash ow in the rst year.
About Sunoco LP
Sunoco LP (NYSE: SUN)is a master limited partnership that distributes motor fuel to approximately 10,000
convenience stores, independent dealers, commercial customers and distributors located in more than 30 states.
SUN's general partner is owned by Energy Transfer Operating, L.P., a subsidiary of Energy Transfer LP (NYSE: ET).
Forward-Looking Statements
This press release may include certain statements concerning expectations for the future that are forward-looking
statements as dened by federal law. Such forward-looking statements are subject to a variety of known and
unknown risks, uncertainties, and other factors that are dicult to predict and many of which are beyond
management's control. An extensive list of factors that can aect future results are discussed in the Partnership's
Annual Report on Form 10-K and other documents led from time to time with the Securities and Exchange
Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reect
new information or events.
The information contained in this press release is available on our website at
Scott Grischow, Senior Director – Investor Relations and Treasury
(214) 840-5660,
Derek Rabe, CFA, Manager – Investor Relations, Growth and Strategy
(214) 840-5553,
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