SUN 📈 Sunoco - Overview

Sunoco LP is a leading distributor and retailer of motor fuels in the United States, operating through two primary segments: Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment is responsible for purchasing motor fuel, propane, lubricating oil, and other petroleum products from independent refiners and oil companies. These products are then supplied to a diverse range of customers, including company-operated retail stores, independently operated commission agents, and other commercial customers such as unbranded retail stores, fuel distributors, school districts, and municipalities.

The company's retail operations are conducted under the APlus and Aloha Island Mart brand names, offering a broad range of products and services including food, beverages, snacks, grocery and non-food merchandise, motor fuels, and other services. This strategic approach enables Sunoco LP to cater to the varied needs of its customers, providing them with a one-stop shopping experience. Furthermore, the company's extensive network of retail stores and distribution channels allows it to maintain a strong presence in the market, leveraging its brand recognition and customer loyalty to drive growth and expansion.

In addition to its fuel distribution and retail operations, Sunoco LP's All Other segment encompasses a range of ancillary services, including partnership credit card services, franchise royalties, and retail operations. These services include credit card processing, car washes, lottery, automated teller machines, money order, prepaid phone cards, and wireless services, which contribute to the company's revenue streams and diversify its business portfolio. With a history dating back to 1886, Sunoco LP has evolved significantly over the years, having changed its name from Susser Petroleum Partners LP in 2014. The company is currently headquartered in Dallas, Texas, and its common stock is listed on the New York Stock Exchange under the ticker symbol SUN.

As a key player in the oil and gas storage and transportation industry, Sunoco LP is well-positioned to capitalize on the growing demand for energy products in the United States. With its strong distribution network, diversified business portfolio, and commitment to customer satisfaction, the company is poised for long-term growth and success. Sunoco LP's website, https://www.sunocolp.com, provides investors and customers with access to a wealth of information about the company's operations, products, and services, as well as its financial performance and corporate governance. The company's ISIN, US86765K1097, and GICS Sub Industry classification, Oil & Gas Storage & Transportation, further reflect its focus on the energy sector and its role as a leading provider of fuel distribution and retail services.