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Sunoco LP Announces 2023 Operational and Financial Guidance and Participation in Upcoming Wells Fargo Midstream and Utilities Symposium

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Sunoco LP (NYSE: SUN) has announced its operational and financial guidance for 2023. The partnership, which distributes motor fuel to about 10,000 locations across more than 40 U.S. states, will participate in the 2022 Wells Fargo Midstream and Utilities Symposium on December 7, 2022. This guidance, available on their website, will address expectations amidst current market uncertainties, including COVID-19 impacts and commodity price fluctuations. Sunoco's general partner is owned by Energy Transfer LP (NYSE: ET).

Positive
  • Operational and financial guidance provided for 2023 to set expectations.
  • Active participation in the 2022 Wells Fargo Midstream and Utilities Symposium for investor engagement.
Negative
  • Uncertainties related to COVID-19 pandemic and commodity price instability may impact guidance.

DALLAS, Dec. 6, 2022 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced its operational and financial guidance for 2023. Presentation materials discussing the guidance are available on the Partnership's website at www.sunocolp.com in the Investor Relations section under Webcasts & Presentations.

In conjunction with the announcement of its operational and financial guidance for 2023, the Partnership will participate in meetings with members of the investment community at the 2022 Wells Fargo Midstream and Utilities Symposium on Wednesday, December 7, 2022.

Sunoco LP (NYSE: SUN) is a master limited partnership with core operations that include the distribution of motor fuel to approximately 10,000 convenience stores, independent dealers, commercial customers and distributors located in more than 40 U.S. states and territories as well as refined product transportation and terminalling assets. 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 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.  In addition to the risks and uncertainties previously disclosed, the Partnership has also been, or may in the future be, impacted by new or heightened risks related to the COVID-19 pandemic and the recent instability in commodity prices, and we cannot predict the length and ultimate impact of those risks.  The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

The information contained in this press release is available on our website at www.SunocoLP.com

Contacts

Investors:
Scott Grischow, Treasurer, Vice President Investor Relations, M&A
(214) 840-5660, scott.grischow@sunoco.com

Matthew Kobler, Sr. Manager– Investor Relations
(469) 646-1203, matthew.kobler@sunoco.com

Media:
Alexis Daniel, Manager – Communications
(214) 981-0739, alexis.daniel@sunoco.com

 

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SOURCE Sunoco LP

FAQ

What is Sunoco LP's operational guidance for 2023?

Sunoco LP has provided operational guidance aimed at setting expectations for 2023, details of which can be accessed via their website.

When will Sunoco LP participate in the Wells Fargo Midstream Symposium?

Sunoco LP will participate in the 2022 Wells Fargo Midstream and Utilities Symposium on December 7, 2022.

What are the risks mentioned in Sunoco LP's press release?

The press release discusses potential impacts from the COVID-19 pandemic and volatility in commodity prices.

What does Sunoco LP do?

Sunoco LP distributes motor fuel to approximately 10,000 convenience stores and commercial customers across more than 40 states.

Who is Sunoco LP's general partner?

Sunoco LP's general partner is owned by Energy Transfer LP (NYSE: ET).

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Oil & Gas Refining & Marketing
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