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Sunoco LP(SUN-N)
NYSE

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Real-Time Last Update Last Sale Cboe BZX Real-Time
Day Low49.45
Day High50.52
Open:50.07
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PR Newswire
Sunoco LP Maintains Quarterly Distribution

Profile

Sunoco LP is a master limited partnership. The partnership's prime business comprises the distribution of motor fuel to customers that include independent dealers, commercial customers, convenience stores as well as distributors. Sunoco'GP LLC, a general partner of the partnership, is owned by Energy Transfer Operating LP - an affiliate of Energy Transfer LP. In general, after buying motor fuel from refiners, Sunoco sells the fuel to customers, which determines the partnership's profit. Moreover, the partnership leases real estate that is used by motor retailers to distribute motor fuel, which generates rental income.