STOCK TITAN

Sunoco LP and SunocoCorp LLC Announce Quarterly Distributions

SUN’s eighth consecutive quarterly distribution increase raises its payout approximately 1.25% from the preceding quarter.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

DALLAS--(BUSINESS WIRE)-- Sunoco LP (TXSE: SUN) (“SUN”) and SunocoCorp LLC (TXSE: SUNC) (“SUNC”) announced a quarterly distribution of $1.0148 per common unit, or $4.0592 on an annualized basis, for the quarter ended September 30, 2026. This represents an increase of approximately 1.25%, or $0.0125 per common unit, as compared to the quarter ended June 30, 2026.

This is the eighth consecutive quarterly increase in SUN’s distribution and is consistent with SUN’s capital allocation strategy which includes a multi-year distribution growth rate of at least 5%.

SunocoCorp LLC announced a quarterly distribution of $1.0148 per common unit, or $4.0592 on an annualized basis.

The SUN and SUNC distributions will be paid on November 19, 2026 to holders of record of the respective securities on November 6, 2026.

About Sunoco

Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 33 countries and territories in North America, the Greater Caribbean, and Europe. The Partnership’s midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 170 terminals. This critical infrastructure complements the Partnership’s fuel distribution operations, which distribute over 15 billion gallons annually to approximately 11,000 Sunoco and partner-branded retail locations, as well as independent dealers and commercial customers. SUN's general partner is owned by Energy Transfer LP (TXSE: ET).

SunocoCorp LLC is a publicly traded limited liability company that owns a direct limited partner interest in Sunoco LP.

SUN and SUNC are headquartered in Dallas, Texas. More information is available at www.sunocolp.com.

Forward Looking Statements
This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results, including future distribution levels, are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

Qualified Notice with respect to Distributions on SUN Common Units
This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of Sunoco LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Sunoco LP’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Sunoco LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold.

Tax Reporting with respect to Distributions on SUNC Common Units
SUNC is classified as a corporation for U.S. federal income tax purposes, and its distributions should be classified as a taxable dividend and/or a return of tax basis. SUNC will publish IRS Form 8937, Report of Organizational Actions Affecting Basis of Securities to clarify the expected portion of the quarterly distribution that will be taxable as a dividend versus return of tax basis. In the event that we are unable to timely determine the portion of our distribution that is a “dividend” for U.S. federal income tax purposes, or a unitholder’s broker or withholding agent chooses to withhold taxes from distribution in a manner inconsistent with our determination of the amount that constitutes a “dividend” for such purposes, a unitholder’s broker or other withholding agent may overwithhold taxes from distributions paid.

Sunoco Investors:
Scott Grischow, Treasurer, Senior Vice President – Finance
(214) 840-5660, scott.grischow@sunoco.com

Brian Brungardt, Director – Investor Relations
(214) 840-5437, brian.brungardt@sunoco.com

Sunoco Media:
Chris Cho, Director – Corporate Communications
(469) 646-1647, chris.cho@sunoco.com

Source: Sunoco LP

Key Terms

master limited partnership financial
A master limited partnership is a type of business structure that combines features of a corporation and a partnership, allowing it to raise money from investors while passing profits directly to them. Think of it as a shared ownership group that offers regular income, making it attractive to investors seeking steady cash flow. This structure is often used by companies involved in natural resources or energy, where consistent revenue is common.
qualified notice regulatory
A qualified notice is a formal communication that meets the specific wording, timing and delivery rules set out in a contract, corporate policy or law so it is legally effective. Think of it like a certified letter that ticks every checkbox required by an agreement. Investors care because only a qualified notice can trigger rights or changes — such as deadlines, payments, defaults or board actions — and thus can materially affect a company’s obligations and share value.
effectively connected regulatory
Income or gains that are treated for U.S. tax purposes as arising from a taxpayer’s regular business activities in the United States; think of it as money that is 'tied to' active operations in the U.S. rather than passive holdings. Investors care because income deemed effectively connected often faces different tax rates, withholding rules and reporting requirements, which can change after-tax returns and the paperwork or withholding applied to payouts.
withholding agent regulatory
An entity or person legally responsible under tax law for deducting or withholding tax from certain payments (wages, interest, dividends, sale proceeds, etc.) made to a payee, remitting those withheld amounts to the relevant tax authority, and filing required reports. A withholding agent can be an employer, payer, broker, bank, or other intermediary; the specific payments subject to withholding, the rates, and the reporting obligations are set by the jurisdiction's tax rules, and the agent remains responsible for calculating, collecting, and remitting the correct amounts.

Keep reading