SUNOCO LP (NYSE:SUN) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
On July 26, 2017, Sunoco LP (the “Partnership”) issued a press release announcing that the board of directors of its general partner, Sunoco GP LLC, approved a cash distribution of $0.8255 per common unit ($3.3020 annualized) on Partnership common units for the quarter ended June 30, 2017.
A copy of the press release is set forth in Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Item 8.01. Other Events.
On July 26, 2017, the Partnership announced that the board of directors of its general partner, Sunoco GP LLC, approved a quarterly cash distribution of $0.8255 per common unit ($3.3020 annualized) on Partnership common units for the quarter ended June 30, 2017. The cash distribution will be paid on August 15, 2017 to unitholders of record as of the close of business on August 7, 2017.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
In accordance with General Instruction B.2 of Form 8-K, the information set forth in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act.
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Exhibit Number |
Exhibit Description |
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99.1 |
News Release of Sunoco LP, dated July 26,2017. |
Sunoco LP ExhibitEX-99.1 2 ex991-cashdistributionpr20.htm EXHIBIT 99.1 Exhibit Exhibit 99.1News ReleaseSunoco LP Maintains Quarterly Distribution2Q 2017 Earnings Release and Earnings Call Dates Also AnnouncedDALLAS,…To view the full exhibit click here
About SUNOCO LP (NYSE:SUN)
Sunoco LP, formerly Susser Petroleum Partners LP, is engaged in the retail sale of motor fuels and merchandise through the Company-operated convenience stores and retail fuel sites, as well as the wholesale distribution of motor fuels to convenience stores, independent dealers, commercial customers and distributors. The Company operates through two segments: wholesale and retail. The Wholesale operations segment sells motor fuel to its retail segment and external customers. The Retail operations segment operates convenience stores selling a range of merchandise, food items, services and motor fuel. It operates over 900 convenience stores and fuel outlets in over eight states. It distributes over 7.6 billion gallons of motor fuel through its convenience stores and consignment locations, contracted independent convenience store operators, and other commercial customers. Its retail convenience stores operate under brands, including Stripes and Aloha Island Mart.
