Sunoco LP
For the period ended Mar 31, 2025. Filed May 8, 2025.
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, 2025 · Filed May 8, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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13. Equity
- Equity
As of March 31, 2025, Energy Transfer and its subsidiaries owned 28,463,967 of our common units and the public owned 107,863,687 of our common units. As of March 31, 2025, our wholly owned subsidiaries owned all of the 16,410,780 Class C units representing limited partner interests in the Partnership.
Common Units
The change in our outstanding common units for the three months ended March 31, 2025 was as follows:
| Number of Units | |
|---|---|
| Number of common units at December 31, 2024 | 136,228,535 |
| Phantom unit vesting | 7,343 |
| Units issued in acquisition | 91,776 |
| Number of common units at March 31, 2025 | 136,327,654 |
Cash Distributions
Our partnership agreement sets forth the calculation used to determine the amount and priority of cash distributions that the common unitholders receive.
Cash distributions paid or declared subsequent to December 31, 2024 were as follows:
| Limited Partners | |||
|---|---|---|---|
| Payment Date | Per Unit Distribution | Total Cash Distribution | Distribution to IDR Holders |
| February 19, 2025 | $0.8865 | $121 | $37 |
| May 20, 2025 | 0.8976 | 122 | 39 |
Accumulated Other Comprehensive Income
The following table presents the components of AOCI, net of tax:
| March 31,2025 | December 31,2024 | |
|---|---|---|
| Foreign currency translation adjustment | $(6) | $(1) |
| Actuarial gains related to pensions and other postretirement benefits | 3 | 3 |
| Total AOCI included in partners’ capital, net of tax | $(3) | $2 |
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