Welcome to our dedicated page for Sunoco Lp/Sunoco Fin SEC filings (Ticker: SUN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sunoco LP (NYSE: SUN) files a variety of documents with the U.S. Securities and Exchange Commission that describe its operations, capital structure, and material events. As a publicly traded master limited partnership with common units listed on the New York Stock Exchange, Sunoco LP uses SEC filings to report on acquisitions, financing activities, distributions, governance changes, and other significant matters.
Current reports on Form 8-K provide timely disclosure of events such as the completion of the acquisition of Parkland Corporation, the commencement and settlement of private exchange offers and consent solicitations for Parkland notes, amendments to the partnership’s credit agreement, and the announcement of cash distributions on common units. These filings also document regulatory milestones related to transactions, such as the expiration of the Hart-Scott-Rodino waiting period and approvals under the Investment Canada Act.
Form 8-K filings further describe Sunoco LP’s capital markets activities, including the issuance of new senior notes in exchange for Parkland notes, the terms of related indentures, and changes to covenants and events of default. Other 8-Ks reference press releases furnishing earnings results, business outlook and guidance, and investor presentations. Together, these documents outline how Sunoco LP finances its operations and manages its obligations.
Sunoco LP’s SEC filings also confirm that its common units representing limited partner interests are registered under Section 12(b) of the Securities Exchange Act of 1934 and list the New York Stock Exchange as the trading venue. Filings describe amendments to the partnership agreement, the creation of new classes of units, and agreements among Sunoco LP, its general partner, SunocoCorp LLC, and Energy Transfer LP regarding governance and economic alignment.
On this page, users can review Sunoco LP’s SEC filings, including Form 8-Ks and other available documents. Platform tools can provide AI-powered summaries that highlight key terms, changes in obligations, and the business context of each filing, helping readers interpret complex legal and financial language more efficiently.
Sunoco LP Chief Financial Officer reported a routine equity transaction involving common units of the company. On 12/05/2025, the officer disposed of 9,020 Sunoco LP common units at a price of $55.26 per unit in a transaction coded "F," which indicates securities withheld to cover taxes. This withholding related to the vesting of Restricted Units granted under a Sunoco LP long-term incentive plan, where using units to satisfy tax obligations is described as the default method. Following this tax-withholding transaction, the officer beneficially owned 42,609 common units directly.
Sunoco LP completed private exchange offers and consent solicitations tied to its Parkland acquisition. Holders tendered C$1,474,892,000 of Parkland’s Canadian notes, representing 92.2% of those series, and US$2,579,839,000 of U.S. dollar notes, representing 99.2%, with settlement on November 7, 2025. Tendered notes were exchanged for new Sunoco senior unsecured notes and cash, then cancelled.
Following requisite consents, Parkland executed supplemental indentures that eliminated substantially all restrictive covenants, certain events of default, the financial reporting covenant, and the change‑of‑control purchase offer for the remaining untendered PKI notes. Sunoco’s New CAD and New USD notes mirror the exchanged PKI notes in interest rate, payment dates, maturity, and redemption terms, and are guaranteed on a senior unsecured basis by specified subsidiaries. The New USD 2032 Notes are callable on or after August 15, 2027, with make‑whole and equity‑funded redemption features before that date. A change of control followed by a ratings decline triggers a 101% repurchase right.
Sunoco LP reported Q3 2025 results showing steady operations and significant strategic activity. Revenue was $6,032 million, up from $5,751 million a year ago, with operating income of $252 million. Net income reached $137 million (diluted EPS $0.64), and consolidated Adjusted EBITDA was $489 million.
The quarter featured major balance sheet moves ahead of closing the Parkland acquisition on October 31, 2025. Cash and cash equivalents rose to $3,239 million from $94 million at year‑end, while total long‑term debt, net, was $9,476 million. Sunoco issued $2.0 billion in new senior notes in September (5.625% due 2031 and 5.875% due 2034) and completed a private offering of $1.47 billion in 7.875% Series A Preferred Units. The revolving credit facility showed no borrowings and $1.45 billion in unused availability as of September 30.
By segment, Q3 Adjusted EBITDA was $232 million for Fuel Distribution, $182 million for Pipeline Systems, and $75 million for Terminals. The quarterly cash distribution per common unit was $0.9202.
Sunoco LP furnished an update on third-quarter 2025 results via an 8-K, noting that a press release with financial and operating details is provided as Exhibit 99.1 and furnished under Items 2.02 and 7.01.
The company also provided access details for an investor conference call to discuss the quarter, with a replay available for approximately 365 days at www.SunocoLP.com.
Sunoco LP completed its acquisition of Parkland Corporation on October 31, 2025 via a court-approved plan of arrangement, making Parkland an indirect, wholly owned subsidiary. Aggregate consideration to Parkland shareholders consists of approximately CAD$3.458 million in cash and approximately 51.5 million SunocoCorp Common Units. In connection with closing, Sunoco issued an equal number of Sunoco Class D Units to SunocoCorp, which are economically equivalent to Sunoco’s publicly traded common units and generally vote together one-for-one.
Based on the units issued at closing, SunocoCorp owns approximately 27.4% of Sunoco’s outstanding common units (treating Sunoco Common Units and Class D Units as a single class) as of the effective time. Sunoco and SunocoCorp entered into an Omnibus Agreement under which Sunoco will ensure that, from October 31, 2025 through December 31, 2027, SunocoCorp has sufficient cash to pay distributions per SunocoCorp Common Unit equal to 100% of distributions paid per Sunoco Common Unit. Governance changes include a Delegation Agreement under which Energy Transfer delegated authority to SunocoCorp to elect and remove directors of Sunoco’s general partner.
Sunoco LP announced it expects to close its previously announced acquisition of Parkland Corporation on October 31, 2025, subject to the satisfaction or waiver of customary closing conditions.
Sunoco also said the common units representing limited liability company interests in SunocoCorp LLC to be issued to Parkland shareholders are expected to begin trading on the NYSE on November 3, 2025 under the ticker SUNC. The announcement was furnished via a press release attached as Exhibit 99.1.
Sunoco LP announced strong early results for its private exchange offers tied to the pending Parkland acquisition. As of 5:00 p.m. New York City time on October 20, 2025, holders had tendered C$1,352,346,000 of Parkland’s Canadian dollar notes (about 84.5% of that total) and US$2,564,002,000 of U.S. dollar notes (about 98.6%). Sunoco has received requisite consents from eligible holders of each series to amend the notes and related indentures.
The early participation premium was extended so that holders tendering up to the 5:00 p.m. New York City time November 4, 2025 expiration receive the same consideration: C$1,000 or US$1,000 principal amount of new Sunoco notes per C$1,000 or US$1,000 tendered, plus an early participation premium of C$50.00 or US$50.00 in principal and a cash payment of C$2.50 or US$2.50. Tendered notes and consents may no longer be withdrawn except where required by law. The exchange offers are conditioned on, and cannot waive, consummation of the Parkland acquisition and are being conducted under confidential memoranda in a private transaction.
Sunoco LP announced a quarterly cash distribution of $0.9202 per common unit, equivalent to $3.6808 annualized, for the quarter ended September 30, 2025.
The distribution will be paid on November 19, 2025 to common unitholders of record as of October 30, 2025. The disclosure was made via a press release furnished under Regulation FD.
Sunoco LP announced that the Government of Canada has approved its planned acquisition of Parkland Corporation under the Investment Canada Act. This marks a key regulatory milestone for the cross-border transaction.
The companies stated that closing remains subject to obtaining certain remaining regulatory approvals and the satisfaction or waiver of customary closing conditions. The parties also furnished a joint press release outlining the update.
The filing reiterates typical forward-looking risks, including the timing and completion of the acquisition, integration execution, potential litigation, market reactions, financing access, and the approval of listing for equity to be issued as consideration. The update signals progress while emphasizing that the deal is not yet complete.
ALPS Advisors, Inc. and the Alerian MLP ETF jointly report beneficial ownership of 24,089,484 common units of Sunoco LP, representing 15.74% of the outstanding class. Both filers state they have no sole voting or dispositive power and hold the position through shared voting and dispositive power. AAI explains it acts as investment adviser to registered funds and disclaims beneficial ownership of the securities it advises; the units are owned by the funds, including the Alerian MLP ETF. The filing certifies the holdings were acquired in the ordinary course of business and not to influence control of the issuer. The filing is signed by the Chief Compliance Officer on 10/01/2025.