Sunoco Lp/Sunoco Fin Corp Stock Price, News & Analysis

Sunoco LP (NYSE: SUN) announced the expected closing of its proposed acquisition of Parkland Corporation (TSX: PKI) on October 31, 2025, subject to customary closing conditions.

Sunoco said the Common Units of SunocoCorp LLC to be issued to Parkland shareholders are expected to begin trading on the New York Stock Exchange under the ticker SUNC on November 3, 2025. At closing, SunocoCorp is expected to hold an approximate 27% limited partner interest in Sunoco LP's outstanding common units.

Energy Transfer (NYSE: ET) announced a quarterly cash distribution of $0.2111 per Series I preferred unit (ETprI).

The distribution will be paid on November 14, 2025 to holders of record at the close of business on November 4, 2025. The release also notes tax withholding rules for foreign investors and directs investors to the company website for more information.

Sunoco (NYSE: SUN) announced results of early participation in its private exchange offers and consent solicitations for Parkland Corporation notes on October 20, 2025.

Holders validly tendered approximately C$1,352,346,000 (84.5%) of PKI CAD Notes and US$2,564,002,000 (98.6%) of PKI USD Notes. Early consideration: for each C$1,000 or US$1,000 of PKI Notes accepted, holders will receive par amount of New Notes (inclusive of a C$50/US$50 early premium) plus C$2.50/US$2.50 cash. Withdrawal rights expired October 20, 2025; exchange offers now expire November 4, 2025, with settlement expected promptly after expiration.

Each New Note will mirror the corresponding PKI Note terms; consummation remains subject to completion of the Parkland acquisition and other conditions.

Sunoco (NYSE: SUN) announced a quarterly distribution of $0.9202 per common unit for the quarter ended September 30, 2025, equal to an annualized rate of $3.6808. The Board declared a ~1.25% increase (+$0.0114 per unit) versus the quarter ended June 30, 2025, marking the fourth consecutive quarterly increase. SUN reiterated a targeted 2025 distribution growth rate of at least 5% and noted distributions have risen ~11% since 2022. The quarterly distribution will be paid on November 19, 2025 to holders of record as of October 30, 2025.

Parkland (TSX: PKI) and Sunoco (NYSE: SUN) announced that the Government of Canada has approved Sunoco's proposed acquisition of Parkland under the Investment Canada Act.

The Transaction is expected to close in the fourth quarter of 2025, subject to obtaining certain remaining regulatory approvals and the satisfaction or waiver of customary closing conditions.

Sunoco (NYSE: SUN) and Parkland (TSX: PKI) announced that the Government of Canada has approved their previously announced proposed acquisition under the Investment Canada Act as of October 14, 2025. The companies said the Transaction is expected to close in the fourth quarter of 2025, subject to certain remaining regulatory approvals and satisfaction or waiver of customary closing conditions.

Sunoco LP (NYSE: SUN) will release third quarter 2025 financial and operating results before market open on Wednesday, November 5, 2025. Management will host a conference call the same day at 9:00 a.m. Central Time / 10:00 a.m. Eastern Time to discuss results.

Dial-in details: toll-free 877-407-6184 or 201-389-0877 (join at least 10 minutes early). Replay available through November 12, 2025 at 877-660-6853 or 201-612-7415 (conference ID 13755571). Webcast: access via the Sunoco LP Investor Relations "Webcasts and Presentations" page at http://www.sunocolp.com. Log in at least 10 minutes early to register.

Energy Transfer (NYSE: ET) will release its Q3 2025 earnings on Wednesday, November 5, 2025 after market close. The company will hold an earnings conference call the same day at 3:30 p.m. CT / 4:30 p.m. ET, with a live webcast available at energytransfer.com and a limited-time replay.

Energy Transfer operates ~140,000 miles of pipeline across 44 states and holds interests including ~21% of Sunoco common units (NYSE: SUN) and ~38% of USA Compression common units (NYSE: USAC). Investor and media contacts are provided for follow-up.

Parkland (TSX:PKI) set the election deadline for the Sunoco arrangement at 5:00 P.M. (Calgary time) on October 17, 2025. Registered shareholders must use the letter of transmittal and election form mailed September 11, 2025; beneficial holders should contact their intermediary because intermediaries may impose earlier deadlines.

The Sunoco Arrangement (with Sunoco NYSE:SUN and the Purchaser) is structured as a court-approved plan of arrangement and is expected to close in Q4 2025, subject to remaining regulatory approvals and satisfaction or waiver of customary closing conditions. Election instructions and documents are available on Parkland's website and SEDAR+.