---
schema_version: "secwatch.filing_event.v1"
accession: "0001552275-24-000080"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:32:18.358143+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP Q3 2024: Net income sinks to $2M; Adj EBITDA surges to $456M on NuStar acquisition

## Summary
- Net income $2M vs $272M YoY ($0.01 EPS); includes large non-cash charges from NuStar integration.
- Adjusted EBITDA $456M (+77% YoY) includes $14M one-time transaction costs; DCF $349M.
- Fuel Distribution: 2.1B gallons sold (+1%), margin 12.8 cpg vs 12.5 cpg, Adj EBITDA $253M.
- Pipeline Systems Adj EBITDA $136M, Terminals $67M (includes $11M and $3M one-time costs).
- Distribution $0.8756/unit; leverage 4.0x; capEx $93M ($67M growth); liquidity $1.4B.

## SEC filing metadata
- accession: 0001552275-24-000080
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000080/0001552275-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000155227524000080/sun-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552275-24-000080
- JSON: https://secwatch.observer/filing/0001552275-24-000080.json
- Plain text: https://secwatch.observer/filing/0001552275-24-000080.txt

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