Sunoco LP 8-K, filed Apr 2, 2020
Sunoco LP (SUN)
8-K
2020-04-02
For: 2020-04-02
View Original
Added on
April 08, 2026
About this 8-K
Sunoco LP filed this 8-K on April 2, 2020.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
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Item 7.01. Regulation FD Disclosure.
On April 2, 2020, Sunoco LP (the “Partnership”) issued a press release announcing that the Board of Directors of its general partner, Sunoco GP LLC, (the “Board”) approved a cash distribution of $0.8255 per common unit ($3.3020 annualized) on Partnership common units for the quarter ended March 31, 2020.
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 April 2, 2020, the Partnership issued a press release announcing that the Board approved a cash distribution of $0.8255 per common unit ($3.3020 annualized) on Partnership common units for the quarter ended March 31, 2020. The cash distribution will be paid on May 19, 2020 to unitholders of record as of the close of business on May 7, 2020.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Exhibit Description | |
99.1 | ||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SUNOCO LP | |||
By: | Sunoco GP LLC, its general partner | ||
Date: | April 2, 2020 | By: | /s/ Camilla A. Harris |
Camilla A. Harris | |||
Vice President, Controller and Principal Accounting Officer | |||
Exhibit 99.1
 | News Release |
Sunoco LP Maintains Quarterly Distribution
1Q 2020 Earnings Release and Earnings Call Dates Also Announced
DALLAS, April 2, 2020 - Sunoco LP (NYSE: SUN) (“SUN”) announced that the Board of Directors of its general partner declared a quarterly distribution for the first quarter of 2020 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis. The distribution will be paid on May 19, 2020 to common unitholders of record on May 7, 2020.
SUN will release its first quarter 2020 financial and operating results after the market closes on Monday, May 11. In conjunction with the news release, management will hold a conference call on Tuesday, May 12 at 8:00 a.m. Central Time (9:00 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 May 19, 2020 by dialing 877-660-6853 (toll free) or 201-612-7415 and using the conference ID 13701564#. |
By Webcast: | Connect to the webcast via the Events and Presentations pages 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 Operating, L.P., a wholly owned subsidiary of 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
Derek Rabe, CFA
Manager - Investor Relations, Growth and Strategy
(214) 840-5553, derek.rabe@sunoco.com
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