Sunoco LP - Company Profile
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Business Description
Sunoco LP (Sunoco), a master limited partnership company that conducts retail sale and wholesale sale of motor fuels. It also offers merchandise through self-operated convenience stores and retail fuel sites. The company operates through two reportable business segments: Fuel Distribution and Marketing, and All Other. In FY2022, the company’s capital expenditure stood at US$186 million, which increased 6.9% YoY. The company had 19 major subsidiaries by the end of FY2022.
Business Segments
Overview
Supplies motor fuels and other petroleum products to distributors and third party dealers, commercial consumers of motor fuel and its retail locations Other petroleum products include propane and lubricating oil. Generates income from sales to dealers, distributors, unbranded wholesale, sale of non motor fuels and leases.
Performance
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Overview
Includes Partnership’s franchise royalties, credit card services, car washes, lottery, automated teller machines, money orders, prepaid phone cards, wireless services and retail operations in New Jersey and Hawaii. Generates income from Motor fuel sales, non-motor fuel sales, and lease income. It reported Capital Expenditure of US$43.0 million in FY2022, which grew 65.4% YoY.
Performance
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