---
schema_version: "secwatch.filing_event.v1"
accession: "0001552275-24-000039"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:39:27.394680+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sunoco and Energy Transfer form Permian crude gathering JV; Sunoco holds 32.5% stake

## Summary
- 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.

## SEC filing metadata
- accession: 0001552275-24-000039
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000039/0001552275-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000039/sun-20240714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552275-24-000039
- JSON: https://secwatch.observer/filing/0001552275-24-000039.json
- Plain text: https://secwatch.observer/filing/0001552275-24-000039.txt

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