---
schema_version: "secwatch.filing_event.v1"
accession: "0001552275-24-000053"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:44:05.829538+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP Q2 net income $501M record; Adjusted EBITDA $400M excl. transaction costs

## Summary
- 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.

## SEC filing metadata
- accession: 0001552275-24-000053
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000053/0001552275-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000053/sun-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552275-24-000053
- JSON: https://secwatch.observer/filing/0001552275-24-000053.json
- Plain text: https://secwatch.observer/filing/0001552275-24-000053.txt

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