Sunoco LP

Sunoco LP is an energy infrastructure and motor fuel distribution company operating in the United States. It operates through four segments: Fuel Distribution, Pipeline Systems, Refinery, and Terminals. The Fuel Distribution segment distributes motor fuels and petroleum products like propane and lubricating oil to third-party dealers, independent operators, and commercial consumers, and also leases real estate properties. It offers non-fuel products such as in-store merchandise, food services, credit card processing, car washes, and lottery services. The Pipeline Systems segment includes an integrated network of refined product, crude oil, and ammonia pipelines and terminals. The Terminals segment operates transmix processing facilities and refined product terminals, providing blending, additive injection, handling, and filtering services. The Refinery segment refines crude oil into various petroleum products.

Sunoco LP is listed on the New York Stock Exchange (NYSE) under the ticker symbol SUN. It trades in US Dollars (USD), reflecting its primary operations in the United States. As a publicly traded company on a major US exchange, its stock is accessible to investors worldwide, with financial reporting and dividends denominated in USD.

Sunoco LP operates in the Energy sector, specifically within the Oil & Gas Refining & Marketing industry. This means the company is involved in the downstream segment of the petroleum industry, focusing on refining crude oil into finished products like gasoline, diesel, and other fuels, as well as marketing and distributing these products to end-users. Its activities include operating pipelines and terminals for transportation and storage, which are critical infrastructure for moving oil and refined products from refineries to markets.

Sunoco LP is headquartered in Dallas, Texas, United States. The company was founded in 1960 and was originally known as Susser Petroleum Partners LP before rebranding to Sunoco LP in 2014. This rebranding reflected its evolution and expansion in the energy infrastructure space. Today, it serves markets across the United States, leveraging its extensive pipeline and terminal network to distribute motor fuels and petroleum products efficiently.

Sunoco LP generates revenue primarily through its four operating segments. The Fuel Distribution segment earns income by distributing motor fuels and petroleum products to dealers, distributors, and commercial consumers, as well as leasing real estate and selling non-fuel items like merchandise and food services. The Pipeline Systems segment generates revenue by transporting refined products, crude oil, and ammonia through its integrated pipeline network. The Terminals segment earns fees for processing transmix and providing blending, additive injection, handling, and filtering services at its terminals. The Refinery segment profits from refining crude oil into petroleum products. This diversified model allows Sunoco to capture value across the supply chain from refining to final distribution.