{"filings":[{"id":93588,"accession_number":"0001552275-26-000039","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Sunoco LP Q1 net income $644M, Adjusted EBITDA $867M, distribution raised 6.25%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $644M (vs $207M YoY); Adjusted EBITDA $858M ($867M excl. transaction costs); DCF adj. $535M.","Quarterly distribution raised 6.25% to $0.9899/unit; payable May 20 to holders of record May 8.","Fuel Distribution segment Adj. EBITDA $529M (incl. $92M inventory gain); 3.8B gal sold at 17.0c/gal margin.","Pipeline Systems Adj. EBITDA $179M (1.3M bbl/d); Terminals $107M (1.0M bbl/d); Refinery $43M (22K bbl/d).","SUN leverage 4.0x; $2.2B liquidity; $199M capex ($106M growth). Completed TanQuid acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":10690000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93587,"accession_number":"0001552275-26-000030","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-04-21T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco LP increases quarterly distribution by 6.25% to $0.9899 per unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly distribution of $0.9899 per unit ($3.9596 annualized), up 6.25% from prior quarter.","Increase includes a one-time 5% step-up plus 1.25% quarterly increase; sixth consecutive quarterly increase.","Annualized distribution up ~10% vs Q1 2025; multi-year growth target of at least 5%.","Distribution payable May 20, 2026 to unitholders of record May 8, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105348,"accession_number":"0001193125-26-098465","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sunoco LP closes $1.2B senior notes offering, redeems higher-rate debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $600M of 5.375% notes due 2031 and $600M of 5.625% notes due 2034 in private offering.","Net proceeds of ~$1.1875B after discounts and expenses.","Proceeds to redeem NuStar Logistics 6% notes due 2026 and Sunoco 6% notes due 2027.","Remaining proceeds for general partnership purposes, may repay revolver borrowings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105347,"accession_number":"0001193125-26-078373","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-02-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sunoco LP prices $1.2B senior notes offering at 5.375% and 5.625%; upsized from $1B","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $600M 5.375% senior notes due 2031 and $600M 5.625% senior notes due 2034, upsized from $500M each.","Sale expected to settle March 9, 2026; net proceeds to redeem NuStar 6.000% notes due 2026 and Sunoco 6.000% notes due 2027.","Redemption of NuStar 2026 Notes scheduled for March 9, 2026; Sunoco 2027 Notes on March 30, 2026 (conditional on closing).","Proceeds after redemptions to be used for general partnership purposes, including repayment of credit facility borrowings.","Refinancing reduces interest cost from 6.000% to ~5.5% blended rate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105346,"accession_number":"0001193125-26-073531","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["2.02","8.01","7.01","9.01"],"status":"ready","headline":"Sunoco LP launches $1B senior notes offering to redeem 6% notes due 2026-2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering $500M each of 2031 and 2034 senior notes; proceeds plus revolver borrowings will redeem NuStar 6% 2026 and Sunoco 6% 2027 notes.","NuStar 2026 notes redemption expected March 9, 2026; Sunoco 2027 notes redemption expected March 30, 2026, contingent on closing.","As of Feb 23, 2026: $500M cash, $338M revolver outstanding, $2.1B additional borrowing capacity.","Pro forma 2025 net loss attributable to common units of $75M (diluted EPS -$0.55) after Parkland Acquisition adjustments.","Offering is private, Rule 144A/Reg S; proceeds may temporarily repay revolver before redeeming Sunoco 2027 notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105345,"accession_number":"0001552275-26-000015","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Sunoco LP Q4 2025: Adj. EBITDA $646M, DCF $442M; distribution up 1.25%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to SUN was $97M in Q4 2025 vs $141M Q4 2024; full year $527M vs $866M.","Adjusted EBITDA attributable to SUN Q4 was $646M (excl. $60M one-time costs) vs $439M in Q4 2024.","Distributable Cash Flow, as adjusted, Q4 2025 was $442M vs $261M; full year $1.38B vs $1.08B.","Distribution increased 1.25% to $0.9317/unit; targets annual growth of at least 5% for 2026.","Completed Parkland Corporation acquisition Oct 31, 2025 and TanQuid acquisition Jan 2026; leverage 4.0x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":25201000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105344,"accession_number":"0001552275-26-000008","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-01-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sunoco LP completes acquisition of Parkland Corporation in $12.5 billion transaction","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sunoco acquired all outstanding common shares of Parkland via a court-approved plan of arrangement on October 31, 2025.","Transaction valued at approximately $12.5 billion, including assumed debt; shareholders received 0.295 SunocoCorp units and $19.80 per share.","Parkland shareholders could elect to receive $44.00 per share in cash or 0.536 SunocoCorp units, subject to pro-ration and adjustments.","Sunoco filed amended unaudited pro forma condensed combined financial statements for the year ended December 31, 2024 and nine months ended September 30, 2025.","Parkland became an indirect wholly owned subsidiary of Sunoco after receiving shareholder and all key regulatory approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105343,"accession_number":"0001193125-26-003460","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sunoco LP guides 2026 Adjusted EBITDA $3.1B-$3.3B; targets 5% distribution growth","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Adjusted EBITDA for 2026 forecast between $3.1B and $3.3B; includes ~$125M Parkland synergies.","Growth capex at least $600M; maintenance capex $400M-$450M; bolt-on acquisitions at least $500M annually.","Distribution growth target of at least 5% for 2026; expects to announce quarterly increases.","TanQuid acquisition closing in Q1 2026; Burnaby Refinery 50-day turnaround starting late January.","Leverage expected to return to 4x target in 2026; DCF per unit to increase for ninth consecutive year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121623,"accession_number":"0001193125-25-274434","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Sunoco completes exchange offers for ~92% of CAD and ~99% of USD Parkland notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["C$1.474B of PKI CAD notes (92.2%) and US$2.579B of PKI USD notes (99.2%) validly tendered and accepted.","New Sunoco notes issued with identical interest rate, maturity, and redemption terms as corresponding PKI notes.","Parkland indentures amended to remove restrictive covenants, certain default events, and change-of-control offer.","C$125M CAD and US$20M USD of PKI notes remain outstanding, unamended, after the exchange.","Exchange settled on Nov 7, 2025; all consents obtained to amend each series of PKI notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121622,"accession_number":"0001552275-25-000079","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Sunoco LP Q3 net income $137M, Adj. EBITDA $489M, distribution up 1.25%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $137M vs $2M YoY; Adj. EBITDA $489M (excl. $7M transaction costs) vs $456M.","Fuel Distribution segment Adj. EBITDA $232M on 2.3B gallons sold; Pipeline Systems $182M, Terminals $75M.","Quarterly distribution raised 1.25% to $0.9202/unit, fourth consecutive increase; target annual growth ≥5%.","Completed Parkland acquisition; TanQuid acquisition on track for Q4 2025.","Leverage 3.9x, trailing distribution coverage 1.8x; total capex $157M ($115M growth)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":16601000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121621,"accession_number":"0001193125-25-261814","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["1.01","2.01","3.02","5.03","8.01","9.01"],"status":"ready","headline":"Sunoco LP completes acquisition of Parkland Corporation; SunocoCorp common units to trade under SUNC","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Aggregate consideration: ~CAD$3.458M cash and 51.5M SunocoCorp common units.","SunocoCorp owns ~27.4% of Sunoco's outstanding common units via Sunoco Class D Units.","SunocoCorp common units start trading on NYSE under 'SUNC' on Nov 6, 2025; Parkland shares to be delisted from TSX Nov 4.","Omnibus Agreement ensures SunocoCorp receives 100% of Sunoco's distribution per unit through Dec 31, 2027.","Energy Transfer delegates board election power to SunocoCorp via Delegation Agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121620,"accession_number":"0001193125-25-250783","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sunoco expects to close Parkland acquisition Oct 31; SUNC units to trade Nov 3","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Parkland Corporation expected to close October 31, 2025, subject to customary closing conditions.","SunocoCorp common units (ticker SUNC) to begin trading on NYSE on November 3, 2025.","SunocoCorp will hold approximately 27% limited partner interest in Sunoco LP after closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121619,"accession_number":"0001193125-25-244314","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-10-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sunoco reports ~85% CAD notes, ~99% USD notes tendered in Parkland exchange offers; early premium extended to Nov 4","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["C$1.352B (84.5%) of Parkland CAD notes and US$2.564B (98.6%) of USD notes validly tendered and not withdrawn as of Oct 20 early participation deadline.","Requisite consents obtained for all series of both CAD and USD notes to amend indentures (eliminate restrictive covenants, certain defaults, and change-of-control offer).","Sunoco extended the early participation premium (C$50/US$50 per C$/US$1,000 principal) to all holders tendering by the new expiration date of Nov 4, 2025.","Exchange offers and consent solicitations are contingent on closing of Sunoco's acquisition of Parkland; conditions for majority tenders and consents satisfied.","Settlement of exchange for New Notes expected promptly after the Expiration Date, subject to closing of the Parkland Acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121618,"accession_number":"0001552275-25-000075","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-10-20T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco LP raises quarterly distribution 1.25% to $0.9202/unit, targets 5% annual growth","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.9202 per common unit ($3.6808 annualized) declared for Q3 2025, a 1.25% increase from Q2 2025.","This is the fourth consecutive quarterly increase, consistent with 2025 target of at least 5% annual distribution growth.","Payable November 19, 2025 to unitholders of record as of October 30, 2025.","Since 2022, distributions increased approximately 11%, demonstrating commitment to returning capital."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121617,"accession_number":"0001193125-25-238215","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sunoco's acquisition of Parkland receives Canadian government approval under Investment Canada Act","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Government of Canada approved the Transaction under the Investment Canada Act on October 14, 2025.","Transaction to acquire all outstanding common shares of Parkland; expected to close in Q4 2025.","Closing remains subject to remaining regulatory approvals and satisfaction or waiver of customary conditions.","Conditions include NYSE listing of SunocoCorp units issued as consideration and other customary closing conditions.","Approval is a key milestone; the Arrangement Agreement was originally signed on May 4, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121616,"accession_number":"0001193125-25-231024","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Sunoco commences exchange offers for C$1.6B and US$2.6B Parkland notes; amends credit agreement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange offers cover seven series of Parkland notes totaling C$1.6B and US$2.6B.","Early participation premium: C$50/US$50 per C$1,000/US$1,000 principal, plus C$2.50/US$2.50 cash.","Tenders must be received by Oct 20 for early premium; offer expires Nov 4, 2025.","Credit agreement amended to allow issuance of new notes and guarantee of any outstanding PKI notes.","Exchange offers conditional on consummation of Parkland acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138292,"accession_number":"0001193125-25-211323","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-09-22T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco and Parkland announce HSR waiting period expiration for pending acquisition","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Hart-Scott-Rodino waiting period expired September 19, 2025 at 11:59 p.m. ET.","Transaction expected to close in Q4 2025, subject to other regulatory approvals and customary conditions.","Sunoco to acquire all issued and outstanding common shares of Parkland Corporation (TSX: PKI)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138291,"accession_number":"0001193125-25-207487","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-09-18T23:59:59+00:00","items":["1.01","5.03","2.03","3.03","8.01","9.01"],"status":"ready","headline":"Sunoco raises ~$3.36B in notes & preferred offering for Parkland acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Completed $1.0B 5.625% notes due 2031 and $900M 5.875% notes due 2034; net proceeds ~$1.88B.","Issued 1.5M Series A Preferred Units at 7.875% initial rate, $1,000 liquidation preference; net proceeds ~$1.48B.","Proceeds to fund cash consideration for pending Parkland acquisition; any excess for general corporate purposes.","Notes and preferred units subject to special mandatory redemption if Parkland acquisition not closed by May 5, 2026.","Prior debt financing commitments from Barclays, RBC, and others terminated upon issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138290,"accession_number":"0001193125-25-198879","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-09-09T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Sunoco LP issues 1.5M Series A preferred units at 7.875% for $1.5B gross proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Gross proceeds of $1.5B from 1.5M 7.875% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units.","Initial purchasers' discount of $22.5M; net proceeds approximately $1.4775B before other expenses.","Settlement expected September 18, 2025, subject to customary closing conditions.","Units have no voting rights and are not convertible into or exchangeable for other securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138289,"accession_number":"0001193125-25-196582","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-09-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sunoco prices $1.9B senior notes (5.625%/5.875%) and $1.5B preferred for Parkland","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["$1B of 5.625% notes due 2031 and $900M of 5.875% notes due 2034 priced; upsized from $850M each.","1.5M units of 7.875% Series A Preferred Units at $1,000/unit ($1.5B gross) priced; upsized from 1M units.","Net proceeds to fund cash consideration for Parkland Corp acquisition and related costs, or reduce revolver borrowings prior to closing.","Settlement expected Sept 18, 2025; special mandatory redemption if Parkland deal not closed by May 5, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138288,"accession_number":"0001193125-25-195446","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-09-04T23:59:59+00:00","items":["2.02","8.01","7.01","9.01"],"status":"ready","headline":"Sunoco LP launches $1.7B senior notes offering and $1B preferred equity offering to fund Parkland acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sunoco announces private offering of $850M senior notes due 2031 and $850M senior notes due 2034.","Also launches offering of 1,000,000 Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units at $1,000/unit.","Net proceeds from both offerings will fund a portion of cash consideration for Parkland Acquisition and related costs.","As of Aug 25, 2025, Sunoco had $72M cash, $250M revolver borrowings, and $1.207B available capacity.","After Parkland Acquisition, ~$3.8B of Parkland's existing indebtedness expected to remain outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138287,"accession_number":"0001193125-25-177105","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sunoco LP amends credit agreement to allow $2B cash set-aside for Parkland Acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 3 permits up to $2B of cash reserved for Parkland Acquisition to be netted in Net Leverage Ratio covenant calculation.","Effective August 8, 2025; signed by Sunoco, guarantors, Bank of America as administrative agent, and majority lenders.","Standard cash netting cap increases from $50M to $250M upon Parkland Acquisition closing date.","No new borrowing or changes to interest rates; credit facility terms otherwise unchanged.","Financing step for the previously announced Parkland Acquisition; netting provision expires if deal terminates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138286,"accession_number":"0001552275-25-000059","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Sunoco LP Q2 2025: Adj. EBITDA $464M, distribution +1.25%, Parkland acquisition on track","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $86M (Q2 2024: $501M); Adj. EBITDA (excl. one-time) $464M vs $400M in prior year.","Q2 distribution $0.9088/unit (+1.25% q/q); annualized $3.6352; payable Aug 19, record Aug 8.","Parkland acquisition: >93% shareholder approval; on track for Q4 2025 close, subject to regulatory ok.","Fuel Distribution sold 2.2B gal at 10.5¢/gal margin; Pipeline segment EBITDA $177M; Terminals $71M.","FY2025 Adj. EBITDA guidance reaffirmed at $1.90B-$1.95B (excl. one-time); net debt/EBITDA 4.2x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":10569000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138285,"accession_number":"0001552275-25-000055","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco LP raises quarterly distribution 1.25% to $0.9088/unit, targets 5% annual growth in 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Q2 2025 cash distribution of $0.9088/unit ($3.6352 annualized), up 1.25% from prior quarter's $0.8976/unit.","Distribution payable Aug 19, 2025 to unitholders of record Aug 8, 2025.","Third consecutive quarterly increase; 2025 targets at least 5% annual distribution growth.","Since 2022, distributions have increased ~10% cumulatively, consistent with capital allocation strategy.","Partnership continues to return capital to unitholders as outlined in 2025 business outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155735,"accession_number":"0001193125-25-143803","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-06-23T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Sunoco LP amends credit facility: maturity extended to 2030, revolver increased to $2.46B for Parkland acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extended revolving credit facility maturity from May 2029 to June 2030; increased commitments from $1.5B to $2.4555B upon Parkland acquisition close.","Added ~$500M uncommitted accordion and increased swingline sublimit to $500M (split between CAD and USD borrowing).","Parkland executed supplemental indentures removing change-of-control obligations; $3.4B of prior debt financing commitments terminated.","Sunoco will reimburse Parkland for consent fees and documented out-of-pocket costs for the consent solicitation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155734,"accession_number":"0001193125-25-129758","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-05-29T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Sunoco amends Parkland deal; pro forma 2024 net loss $262M, Q1 2025 net income $106M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Amendment adjusts funding mechanics and proration formula for ~$9.1B Parkland acquisition; all other terms unchanged.","Parkland commenced mailing management information circular for shareholder vote on the plan of arrangement.","Pro forma for year ended Dec 31, 2024: revenue $43.7B, net loss attributable to limited partners $262M (vs Sunoco standalone net income $716M).","Pro forma for Q1 2025: revenue $9.9B, net income attributable to limited partners $106M (vs Sunoco standalone $166M).","Sunoco secured a $2.65B bridge loan for cash consideration; expects deal close in H2 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155733,"accession_number":"0001193125-25-127982","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Parkland launches consent solicitation to amend indentures for Sunoco acquisition; Sunoco to reimburse costs","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Parkland commenced consent solicitation to amend indentures for its 5.875%-6.625% Senior Notes due 2027-2032.","Amendments eliminate change-of-control offer triggered by Sunoco acquisition and define Sunoco as a qualified owner.","Sunoco agrees to reimburse Parkland for consent fees and out-of-pocket costs incurred in the solicitation.","The consent solicitation is part of the previously announced May 4, 2025 acquisition of Parkland by Sunoco."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155732,"accession_number":"0001193125-25-122657","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-05-20T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sunoco LP amends credit facility; $2.65B bridge debt and $3.4B backstop debt authorized for Parkland deal","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["LC sublimit increased to $250M; amendment permits $2.65B Parkland Acquisition Bridge Debt and $3.4B Backstop Bridge Debt.","$1.50B of prior debt financing commitments from Barclays Bank PLC and Royal Bank of Canada were terminated.","Parkland and its subsidiaries excluded from guarantee obligations where not permitted under existing debt or would cause material adverse tax consequences."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155731,"accession_number":"0001552275-25-000040","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Sunoco Q1 Adj EBITDA $458M; announces $9.1B Parkland acquisition and €500M TanQuid deal","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net income $207M ($230M Q1 2024); Adjusted EBITDA $458M ($242M); Distributable Cash Flow $310M ($176M).","Agreed to acquire Parkland Corporation for $9.1B in cash and equity; expected close H2 2025, immediately accretive.","Agreed to acquire TanQuid for ~€500M (incl. €300M assumed debt); 16 terminals in Germany & Poland; close H2 2025.","Distribution raised to $0.8976/unit (+1.25% seq); pays May 20; on track for at least 5% annual growth for 2025.","Issued $1B 6.250% senior notes due 2033; repaid $600M 5.750% notes; leverage ratio 4.1x at quarter end."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":5179000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155730,"accession_number":"0001193125-25-113057","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["1.01","3.02","8.01","9.01"],"status":"ready","headline":"Sunoco agrees to acquire Parkland Corporation for CAD$19.80 cash + 0.295 SUNCorp units per share","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Per Parkland share: CAD$19.80 cash + 0.295 SUNCorp units; alternative all-cash or all-stock options subject to proration.","Commitment letters for $7.55B debt financing from Barclays and RBC to fund cash consideration and refinancings.","Mutual termination fees of CAD$275 million payable under specified circumstances, including superior proposal or regulatory delay.","Voting agreements with Parkland directors and senior officers to vote in favor of the arrangement; dissent rights limited.","SUNCorp units to list on NYSE; closing target Feb 4, 2026 subject to approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155729,"accession_number":"0001193125-25-112135","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-05-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sunoco to acquire Parkland in $9.1B cash-and-stock deal; 25% premium, 10%+ accretion expected","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Transaction valued at $9.1B including assumed debt; implied 25% premium for Parkland shareholders.","Consideration: 0.295 SUNCorp units and C$19.80 per share; alternative C$44 cash or 0.536 units, subject to proration.","$2.65B bridge loan secured; expected close in H2 2025 subject to shareholder and regulatory approvals.","Deal expected to be 10%+ accretive to distributable cash flow per unit; $250M run-rate synergies by Year 3.","Sunoco commits to maintaining Canadian HQ in Calgary and continued investment in Parkland's Burnaby refinery."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155728,"accession_number":"0001552275-25-000033","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Sunoco LP director Christopher Curia to retire from board effective May 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christopher R. Curia, age 69, announced retirement from Sunoco GP LLC board.","Retirement effective May 1, 2025; not due to any disagreement with the company.","Mr. Curia served as director of the general partner since August 2014.","No replacement has been announced at this time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155727,"accession_number":"0001552275-25-000030","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco LP raises quarterly distribution to $0.8976/unit, a 1.25% increase; targets 5% annual growth in 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.8976 per common unit declared for Q1 2025, payable May 20 to holders of record May 9.","Quarterly distribution increased 1.25% ($0.0111/unit) from prior quarter; second consecutive quarterly increase.","Partnership targets at least 5% annual distribution growth in 2025; cumulative increase since 2022 ~9%.","Annualized distribution rate is $3.5904 per common unit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174227,"accession_number":"0001193125-25-068752","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sunoco LP issues $1.0B of 6.250% Senior Notes due 2033 to refinance debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1.0B aggregate principal amount of 6.250% Senior Notes maturing July 1, 2033.","Net proceeds of ~$989.5M after discounts and expenses.","Proceeds to redeem NuStar Logistics 5.750% notes due 2025 and repay revolver borrowings.","Senior unsecured notes guaranteed by certain subsidiaries; redeemable at par + make-whole prior to July 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174226,"accession_number":"0001193125-25-059366","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sunoco LP prices $1B of 6.250% senior notes due 2033; upsized from $750M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate principal $1B at 6.250% due 2033, upsized from initial $750M.","Settlement expected March 31, 2025, subject to customary conditions.","Proceeds to redeem NuStar Logistics 5.750% notes due 2025 and repay revolver.","Noticed redemption of all outstanding NuStar 2025 Notes on March 30, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174225,"accession_number":"0001193125-25-058347","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["2.02","8.01","7.01","9.01"],"status":"ready","headline":"Sunoco offers $750M senior notes; to acquire European terminals for less than €500M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$750M senior notes due 2033 offered; proceeds to redeem NuStar 5.75% notes due 2025 and repay revolver.","Agreement to acquire two Bermuda entities with 15 fuel terminals in Germany and one in Poland for <€500M; closing expected Q2 2025.","As of March 18, 2025: $2M cash, $537M revolver borrowings (excl. $56M letters of credit), $907M additional capacity.","Pro forma 2024 net income to common unitholders $621M, diluted EPS $4.55, reflecting NuStar merger and West Texas sale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174224,"accession_number":"0001552275-25-000010","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-02-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sunoco LP reports record FY2024 net income $874M, Adjusted EBITDA $1.56B; guides FY2025 EBITDA $1.9-1.95B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2024 net income $141M vs loss $106M in Q4 2023; FY2024 net income $874M vs $394M in 2023.","FY2024 Adjusted EBITDA $1.46B (excl. $106M transaction costs) vs $964M in 2023; record fuel volume 8.6B gallons.","Q4 distribution $0.8865/unit ($3.546 annualized); targeting at least 5% distribution growth in 2025.","FY2025 Adjusted EBITDA guidance $1.90-$1.95B; growth capex at least $400M, maintenance capex ~$150M.","Leverage ratio 4.1x net debt to Adjusted EBITDA; $1.3B liquidity on $1.5B revolver."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":22693000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174223,"accession_number":"0001552275-25-000004","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco LP raises quarterly distribution to $0.8865/unit, targets 2025 growth ≥5%","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly distribution increased 1.25% to $0.8865 per common unit; annualized $3.5460.","Distribution payable Feb 19, 2025 to unitholders of record Feb 7, 2025.","Partnership targets 2025 distribution growth rate of at least 5% with quarterly announcements.","Third consecutive increase in annual distribution growth rate; cites strong outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191154,"accession_number":"0001552275-24-000090","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-12-09T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Sunoco LP announces 2025 guidance, to present at Mizuho conference","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["2025 operational and financial guidance issued via investor presentation on Sunoco's website.","Partnership to hold meetings at Mizuho Power, Energy & Infrastructure Conference on Dec. 10, 2024.","Specific guidance figures not disclosed in this 8-K; refer to investor presentation for details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191153,"accession_number":"0001552275-24-000080","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Sunoco LP Q3 2024: Net income sinks to $2M; Adj EBITDA surges to $456M on NuStar acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $2M vs $272M YoY ($0.01 EPS); includes large non-cash charges from NuStar integration.","Adjusted EBITDA $456M (+77% YoY) includes $14M one-time transaction costs; DCF $349M.","Fuel Distribution: 2.1B gallons sold (+1%), margin 12.8 cpg vs 12.5 cpg, Adj EBITDA $253M.","Pipeline Systems Adj EBITDA $136M, Terminals $67M (includes $11M and $3M one-time costs).","Distribution $0.8756/unit; leverage 4.0x; capEx $93M ($67M growth); liquidity $1.4B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":17424000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191152,"accession_number":"0001552275-24-000073","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco LP declares Q3 2024 distribution of $0.8756/unit, payable Nov 19","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly distribution of $0.8756 per unit ($3.5024 annualized) declared for Q3 2024.","Payable on November 19, 2024 to unitholders of record as of November 8, 2024.","Distribution rate unchanged from the prior quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191151,"accession_number":"0001552275-24-000069","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-10-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sunoco LP files 8-K to revise 2023 segment data post-NuStar acquisition, provides pro forma statements","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Retrospective revision of 2023 reportable segments to reflect post-NuStar acquisition structure.","NuStar merger closed May 3, 2024; issued 51.5M units (~$2.85B), assumed $3.5B debt and $800M preferred.","West Texas sale of 204 c-stores to 7-Eleven completed April 2024 for ~$1.0B; recorded $598M gain.","Pro forma income statement for 2023 shows combined revenue of $23.987B vs Sunoco standalone $23.068B.","No forecasted synergies included; pro forma is illustrative only."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207632,"accession_number":"0001552275-24-000053","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Sunoco LP Q2 net income $501M record; Adjusted EBITDA $400M excl. transaction costs","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $501M vs $87M YoY; Adjusted EBITDA $400M excl. $80M transaction expenses; Distributable Cash Flow $295M vs $175M.","Completed NuStar acquisition May 3 and 204-store divestiture to 7-Eleven April 16; NuStar synergies raised to $200M commercial/expense and $60M financial.","Reaffirms FY2024 Adjusted EBITDA guidance $1.46B-$1.52B (excl. synergies/transaction costs); growth capex >$300M, maintenance ~$120M.","July 16 formed Permian Basin JV with Energy Transfer; June 28 agreed to acquire liquid fuels terminal in Portland, ME.","Q2 distribution $0.8756/unit, payable Aug 19; leverage 4.1x; liquidity $1.4B on $1.5B revolver."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":11673000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207627,"accession_number":"0001193125-24-186352","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K/A","filed_at":"2024-07-26T23:59:59+00:00","items":["8.01","9.01","7.01"],"status":"ready","headline":"Sunoco LP declares Q2 2024 distribution of $0.8756/unit; record date corrected to Aug 9","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly distribution of $0.8756 per common unit ($3.5024 annualized) for Q2 2024.","Payable August 19, 2024 to unitholders of record on August 9, 2024 (corrected date).","Amendment corrects prior 8-K which had incorrect record date.","Distribution level unchanged from prior quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207631,"accession_number":"0001552275-24-000044","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-07-25T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Sunoco LP declares Q2 2024 distribution of $0.8756/unit, payable Aug 19","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.8756 per common unit ($3.5024 annualized) approved by Board.","Payable on August 19, 2024 to unitholders of record as of August 12, 2024.","Distribution covers Q2 2024 quarter ended June 30, 2024.","Rate maintained at prior quarter level; no change announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207630,"accession_number":"0001552275-24-000039","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["1.01","2.01","7.01","9.01"],"status":"ready","headline":"Sunoco and Energy Transfer form Permian crude gathering JV; Sunoco holds 32.5% stake","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Joint venture combines Permian crude oil and produced water gathering assets; Sunoco contributes all its Permian crude gathering assets.","JV operates over 5,000 miles of gathering pipelines and more than 11 million barrels of crude storage capacity.","Energy Transfer holds 67.5% interest and will operate the JV; Sunoco holds 32.5%.","Effective July 1, 2024; expected to be immediately accretive to distributable cash flow per LP unit for both.","Energy Transfer's long-haul crude pipelines out of Permian Basin are excluded from the JV."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207629,"accession_number":"0001193125-24-180733","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sunoco added as guarantor on ~$366M NuStar GoZone bonds after merger","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sunoco LP and 14 subsidiaries added as additional guarantors on five series of St. James Parish GoZone bonds.","Original aggregate principal of bonds: $56.2M (2008), $100M (2010), $50M (2010A), $85M (2010B), $75M (2011).","Series 2008 bonds currently outstanding: $55.44M.","Amendments dated July 15, 2024; follow Sunoco's May 3 acquisition of NuStar.","No new debt issuance; integration step to align post-merger guarantee structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207628,"accession_number":"0001193125-24-175049","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-07-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Sunoco appoints Bradley C. Barron as independent director to board of Sunoco GP","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bradley C. Barron appointed to Sunoco GP board effective July 2, 2024.","Appointment is in connection with the NuStar Energy L.P. merger completed in January 2024.","Mr. Barron will serve as an independent director and receive standard non-employee director compensation.","No other arrangements or relationships require disclosure under Item 404(a)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225097,"accession_number":"0001193125-24-162022","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sunoco LP to present at J.P. Morgan Energy Conference on June 18, 2024","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Sunoco LP (NYSE: SUN) will participate in J.P. Morgan's Energy, Power, and Renewables Conference on June 18, 2024.","Management will hold meetings with investment community members during the conference.","A slide presentation referenced during meetings is available on the company's website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225096,"accession_number":"0001193125-24-155127","cik":1552275,"company_name":"Sunoco LP","ticker":"SUN","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sunoco LP completes merger with NuStar Energy and adds guarantors to senior notes","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["On May 31, 2024, Sunoco entered into six supplemental indentures to add subsidiaries as guarantors for its senior notes including 5.500% due 2026 and 5.875% due 2028.","Also entered into Eleventh Supplemental Indenture to add Sunoco and subsidiaries as guarantors for NuStar's senior notes: 5.625% due 2027, 6.000% due 2026, 6.750% due 2025, 6.375% due 2030.","The merger of NuStar into Sunoco was completed on May 3, 2024, as previously announced in January 2024.","Sunoco GP LLC is the general partner; the filing includes items 1.01, 2.03, and 9.01."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":13705713195.274725,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-06-05T23:59:59+00:00|225096"}