Sunoco LP Announces a 1.25% Increase in Quarterly Distribution and Continues to Target 2025 Distribution Growth Rate of At Least 5%

Rhea-AI Summary

Sunoco LP (NYSE: SUN) has announced a quarterly distribution increase of 1.25% to $0.9088 per common unit ($3.6352 annualized) for Q2 2025. This marks the company's third consecutive quarterly distribution increase, aligning with their capital allocation strategy and 2025 outlook targeting an annual distribution growth of at least 5%.

The distribution will be paid on August 19, 2025, to unitholders of record as of August 8, 2025. Since 2022, SUN has demonstrated strong commitment to shareholder returns by increasing distributions by approximately 10%.

Positive

• Quarterly distribution increased by 1.25% to $0.9088 per unit
• Third consecutive quarterly distribution increase
• 10% total distribution increase since 2022
• Company targets minimum 5% distribution growth rate for 2025

Negative

• None.

DALLAS, July 24, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") announced that the Board of Directors of SUN's general partner declared a distribution of $0.9088 per common unit, or $3.6352 on an annualized basis, for the quarter ended June 30, 2025. This represents an increase of approximately 1.25%, or $0.0112 per common unit, as compared with the quarter ended March 31, 2025.

This is the third consecutive quarterly increase in SUN's distribution and is consistent with SUN's capital allocation strategy and 2025 business outlook which includes an annual distribution growth rate of at least 5%. Since 2022, SUN has increased distributions by approximately 10% underscoring the Partnership's ongoing commitment to returning capital to its unitholders.

The quarterly distribution will be paid on August 19, 2025, to common unitholders of record as of the close of business on August 8, 2025.

About Sunoco LP

Sunoco LP (NYSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 100 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which serve approximately 7,400 Sunoco and partner branded locations and additional independent dealers and commercial customers. SUN's general partner is owned by Energy Transfer LP (NYSE: ET).

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

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.

Contacts

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

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SOURCE Sunoco LP

FAQ

What is Sunoco LP's new quarterly distribution amount for Q2 2025?

Sunoco LP announced a quarterly distribution of $0.9088 per common unit ($3.6352 on an annualized basis) for Q2 2025.

When will SUN's Q2 2025 distribution be paid?

The quarterly distribution will be paid on August 19, 2025, to unitholders of record as of August 8, 2025.

How much has Sunoco LP (SUN) increased its distribution since 2022?

Sunoco LP has increased its distributions by approximately 10% since 2022.

What is Sunoco LP's distribution growth target for 2025?

Sunoco LP is targeting an annual distribution growth rate of at least 5% for 2025.

How much did SUN increase its distribution compared to Q1 2025?

SUN increased its distribution by 1.25% ($0.0112 per common unit) compared to the quarter ended March 31, 2025.