Sunoco LP
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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, 2026 · Filed May 7, 2026
SUN$62.70+1.6%Stored close · as of Nov 9, 2026
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16. Net Incomeper Common Unit
- Net Income per Common Unit
A reconciliation of the numerators and denominators of the basic and dilutedper unit computations is as follows:
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Net income | $644 | $207 |
| Less: | ||
| Incentive distribution rights | 71 | 39 |
| Distributions on unvested phantom unit awards | 2 | 2 |
| Preferred unitholders' interest in net income | 30 | — |
| Class D unitholder's interest in net income | 149 | — |
| Common unitholders’ interest in net income | $392 | $166 |
| Weighted average common units outstanding: | ||
| Basic | 136,888,311 | 136,267,512 |
| Dilutive effect of unvested phantom unit awards | 663,457 | 668,799 |
| Diluted | 137,551,768 | 136,936,311 |
| Net income per common unit: | ||
| Basic | $2.86 | $1.22 |
| Diluted | $2.85 | $1.21 |
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