DALLAS, April 2, 2020 /PRNewswire/ -- Sunoco LP (NYSE:
SUN) ("SUN") announced that the Board of Directors of its general
partner declared a quarterly distribution for the first quarter of
2020 of $0.8255 per common unit,
which corresponds to $3.3020 per
common unit on an annualized basis. The distribution will be paid
on May 19, 2020 to common
unitholders of record on May 7,
2020.
SUN will release its first quarter 2020 financial and operating
results after the market closes on Monday,
May 11. In conjunction with the news release, management
will hold a conference call on Tuesday, May
12 at 8:00 a.m. Central Time
(9:00 a.m. Eastern Time) to discuss
SUN's results.
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By
Phone:
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Dial 877-407-6184
(toll free) or 201-389-0877 at least 10 minutes before the call. A
replay will be available through May 19, 2020 by dialing
877-660-6853 (toll free) or 201-612-7415 and using the conference
ID 13701564#.
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By
Webcast:
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Connect to the
webcast via the Events and Presentations pages of SUN's Investor
Relations website at www.SunocoLP.com. Please log in at least 10
minutes in advance to register and download any necessary software.
A replay will be available shortly after the call.
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About Sunoco LP
Sunoco LP (NYSE: SUN) is a master limited partnership with core
operations that include the distribution of motor fuel to
approximately 10,000 convenience stores, independent dealers,
commercial customers and distributors located in more than 30
states as well as refined product transportation and terminalling
assets. SUN's general partner is owned by Energy Transfer
Operating, L.P., a wholly owned subsidiary of Energy Transfer LP
(NYSE: ET).
Qualified Notice
This release is intended to be a qualified notice under Treasury
Regulation Section 1.1446-4(b). Brokers and nominees should treat
100 percent of Sunoco LP's distributions to non-U.S. investors as
being attributable to income that is effectively connected with a
United States trade or business.
Accordingly, Sunoco LP's distributions to non-U.S. investors are
subject to federal income tax withholding at the highest applicable
effective tax rate.
Contacts
Scott Grischow
Vice President – Investor Relations and Treasury
(214) 840-5660, scott.grischow@sunoco.com
Derek Rabe, CFA
Manager – Investor Relations, Growth and Strategy
(214) 840-5553, derek.rabe@sunoco.com
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SOURCE Sunoco LP