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However, Sunoco's acquisition of NuStar showcased how its controlled MLP can also make highly accretive deals that flow down to Energy Transfer. The company will get a $500 million earnings boost ...
NuStar Energy L.P. is a subsidiary of Sunoco LP, and formerly was a publicly traded master limited partnership. The company is one of the largest independent liquids terminal and pipeline operators in the nation.
Sunoco Race Fuels is a refiner and distributor of racing fuels. Originally featuring two high-octane options (Sunoco 260 and 280), Sunoco Race Fuels now produces 18 different high-performance fuel blends, which are used for all types of professional motorsports. All Sunoco Race Fuels products are refined at Sunoco LP's Marcus Hook facility. [89]
Sunoco LP (NYSE:SUN) shares are trading lower after it reported fourth-quarter revenues of $5.27 billion, which missed the consensus of $6.21 billion. Adjusted distributable cash flow of $261 ...
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Energy Transfer owns controlling interests in Sunoco LP.It also owns 100% of Sunoco Logistics Partners Operations L.P., 46% non-economic general partner interest in USA Compression Partners L.P., and 100% of Lake Charles LNG which consists of an LNG import terminal and regasification facility near Lake Charles, Louisiana.
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In 1988, Sunoco bought Atlantic, and since Sunoco did not have its own convenience store chain, APlus became Sunoco's chain by default. While Atlantic stations were converted to Sunoco by the mid-1990s, APlus grew, with Sunoco rebranding many company-owned stations in the Northeastern United States with convenience stores into APlus. Sunoco has ...