secwatch.observer — SEC 8-K summary
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Issuer:     Sunoco LP (SUN)
CIK:        0001552275
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001552275-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunoco LP reports record full-year 2022 Adjusted EBITDA of $919M; guides 2023 EBITDA $850-900M
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- Q4 2022 net income $55M (down from $100M YoY); Adjusted EBITDA $238M (up 20% from $198M).
- Full-year 2022 Adjusted EBITDA record $919M, up 22% YoY, above prior guidance.
- Full-year net income $475M vs $524M in 2021; Distributable Cash Flow as adjusted $650M vs $542M.
- Declared Q4 distribution $0.8255/unit, payable Feb 21, 2023; liquidity $593M, leverage 3.8x.
- 2023 guidance: Adj. EBITDA $850-900M; fuel volumes ~7.8B gal, margin ~12.0¢/gal; growth capex ≥$150M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552275/000155227523000006/0001552275-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552275/000155227523000006/sun-20230215.htm
  HTML page:      https://secwatch.observer/filing/0001552275-23-000006

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