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Sunoco LP

For the period ended Mar 31, 2025. Filed May 8, 2025.

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About 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, 2025 · Filed May 8, 2025

SUN$62.70+1.6%Stored close · as of Nov 9, 2026

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10. Related Party Transactions

  1. Related Party Transactions

We are party to fee-based commercial agreements with various affiliates of Energy Transfer for pipeline, terminalling and storage services. We also have agreements with subsidiaries of Energy Transfer for the purchase and sale of fuel. Additionally, under our partnership agreement, our General Partner does not receive a management fee or other compensation for its role as our general partner. However, our General Partner is reimbursed for all expenses incurred on our behalf. These expenses include shared service fees, as well as all other expenses necessary or appropriate to the conduct of our business that are allocable to us, as provided for in our partnership agreement. There is no cap on the amount that may be paid or reimbursed to our General Partner.

Summary of Transactions

Related party transactions for the three months ended March 31, 2025 and 2024 were as follows:

Three Months Ended March 31,
20252024
Motor fuel sales to affiliates$2$4
Bulk fuel purchases from affiliates294397
Expense reimbursement119

Significant affiliate balances included on the consolidated balance sheets were as follows:

Accounts payable to affiliates were $128 million and $199 million as of March 31, 2025 and December 31, 2024, respectively, which were attributable to operational expenses and bulk fuel purchases.

Advances from affiliates were $77 million and $82 million as of March 31, 2025 and December 31, 2024, respectively, which were related to treasury services agreements with Energy Transfer.

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