secwatch.observer — SEC 8-K summary
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Issuer:     Sunoco LP (SUN)
CIK:        0001552275
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001552275-24-000069
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunoco LP files 8-K to revise 2023 segment data post-NuStar acquisition, provides pro forma statements
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552275/000155227524000069/0001552275-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552275/000155227524000069/sun-20241024_d2.htm
  HTML page:      https://secwatch.observer/filing/0001552275-24-000069

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