Sunoco LP Maintains Quarterly Distribution

Rhea-AI Summary

Sunoco LP (NYSE: SUN) announced a quarterly distribution of $0.8255 per common unit for Q2 2021, equating to an annualized rate of $3.3020. This distribution will be paid on August 19, 2021, to unitholders of record by August 6, 2021. Additionally, SUN will report its Q2 2021 financial results before market opening on August 3, 2021, followed by a conference call at 9:00 a.m. CT. This highlights SUN's ongoing commitment to maintain distributions amidst its operational activities.

Positive

• Quarterly distribution of $0.8255 per common unit announced for Q2 2021.
• Annualized distribution rate of $3.3020 maintains investor returns.

Negative

• None.

DALLAS, July 22, 2021 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the second quarter of 2021 of $0.8255 per common unit or $3.3020 per common unit on an annualized basis. The distribution will be paid on August 19, 2021 to common unitholders of record on August 6, 2021.

SUN will release its second quarter 2021 financial and operating results before the market opens on Tuesday, August 3. Management will hold a conference call on Tuesday, August 3 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss SUN's results.

By Phone:	Dial 877-407-6184 (toll free) or 201-389-0877 at least 10 minutes before the call. A replay will be available through August 10, 2021 by dialing 877-660-6853 (toll free) or 201-612-7415 and using the conference ID 13720087.
By Webcast:	Connect to the webcast via the Webcasts and Presentations page of SUN's Investor Relations website at www.SunocoLP.com. Please log in at least 10 minutes in advance to register and download any necessary software. A replay will be available shortly after the call.

About Sunoco LP

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 30 states as well as refined product transportation and terminalling assets. SUN's general partner is owned by Energy Transfer LP (NYSE: ET).

Qualified Notice

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100 percent of Sunoco LP's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Sunoco LP's distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Contacts
Scott Grischow
Vice President – Investor Relations and Treasury
(214) 840-5660, scott.grischow@sunoco.com

James Heckler
Director – Investor Relations and Corporate Finance
(214) 840-5415, james.heckler@sunoco.com

Derek Rabe, CFA
Manager – Investor Relations, Strategy and Growth
(214) 840-5553, derek.rabe@sunoco.com

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SOURCE Sunoco LP

FAQ

What is the latest distribution announced by Sunoco LP?

Sunoco LP announced a quarterly distribution of $0.8255 per common unit for Q2 2021.

When will the distribution be paid to unitholders?

The distribution will be paid on August 19, 2021, to unitholders of record as of August 6, 2021.

When will Sunoco LP release its Q2 2021 financial results?

Sunoco LP will release its Q2 2021 financial results before the market opens on August 3, 2021.

What time is the earnings call for Sunoco LP Q2 2021 results?

The earnings call will take place on August 3, 2021, at 9:00 a.m. Central Time.