---
schema_version: "secwatch.filing_event.v1"
accession: "0001552275-24-000008"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:20:09.967706+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP Q4 net loss $106M; announces NuStar acquisition, Zenith deal, store sale

## Summary
- Q4 net loss of $106M vs net income of $55M YoY; Adjusted EBITDA $236M vs $238M.
- Record Q4 volume of 2.2B gallons (+11%); fuel margin 12.3 cpg vs 12.8 cpg.
- Full year net income $394M (down 17%); Adjusted EBITDA $964M (+5% YoY).
- Reaffirms 2024 Adjusted EBITDA guidance $975M–$1B, excluding pending NuStar deal.
- In January, signed deals: acquire NuStar ($7.3B), Zenith terminals (€170M), sell 204 stores to 7-Eleven ($1B).

## SEC filing metadata
- accession: 0001552275-24-000008
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000008/0001552275-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000008/sun-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552275-24-000008
- JSON: https://secwatch.observer/filing/0001552275-24-000008.json
- Plain text: https://secwatch.observer/filing/0001552275-24-000008.txt

## Key facts
- Earnings Releases
  Sunoco LP reported the quarter and year ended December 31, 2023 results: net income net loss was $106 million compared to net income of $55 million in the fourth quarter of 2022. Guidance reaffirmed.
  - Period: the quarter and year ended December 31, 2023
  - Net income: net loss was $106 million compared to net income of $55 million in the fourth quarter of 2022
  - Guidance: reaffirmed
  - Result: reported results
  source text: Sunoco LP (NYSE: SUN) (“SUN” or the “Partnership”) today reported financial and operating results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000008/0001552275-24-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.