Sunoco LP
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
SUN$63.21+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Income
(Dollars in millions, except per unit data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| REVENUES: | ||
| Motor fuel sales | $5,366 | $5,239 |
| Non-motor fuel sales | 95 | 86 |
| Lease income | 38 | 37 |
| Total revenues | 5,499 | 5,362 |
| COST OF SALES AND OPERATING EXPENSES: | ||
| Cost of sales | 5,015 | 4,987 |
| General and administrative | 36 | 29 |
| Other operating | 88 | 82 |
| Lease expense | 18 | 16 |
| Loss on disposal of assets | 2 | 1 |
| Depreciation, amortization and accretion | 43 | 48 |
| Total cost of sales and operating expenses | 5,202 | 5,163 |
| OPERATING INCOME | 297 | 199 |
| OTHER INCOME (EXPENSE): | ||
| Interest expense, net | (63) | (53) |
| Other income, net | 1 | — |
| Equity in earnings of unconsolidated affiliates | 2 | 2 |
| INCOME BEFORE INCOME TAXES | 237 | 148 |
| Income tax expense | 7 | 7 |
| NET INCOME AND COMPREHENSIVE INCOME | $230 | $141 |
| NET INCOME PER COMMON UNIT: | ||
| Basic | $2.29 | $1.43 |
| Diluted | $2.26 | $1.41 |
| WEIGHTED AVERAGE COMMON UNITS OUTSTANDING: | ||
| Basic | 84,424,748 | 84,058,716 |
| Diluted | 85,259,238 | 84,970,826 |
| CASH DISTRIBUTIONS PER UNIT | $0.8756 | $0.8420 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.