SunocoCorp LLC
For the period ended Jun 30, 2026. Filed Aug 6, 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.
Jun 30, 2026 · Filed Aug 6, 2026
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14. Equity
- Equity
SunocoCorp Common Units
As of June 30, 2026 and December 31, 2025, the Company had 51,517,198 common units outstanding.
Predecessor Equity
Prior to the closing of the Parkland Acquisition, all of Sunoco’s equity, including noncontrolling interest, is reflected as “predecessor equity” in the Company’s consolidated financial statements, as discussed in Note 1.
Noncontrolling Interest
The following table presents the total number of units outstanding for each class of Sunoco's equity at period end:
| June 30,2026 | December 31,2025 | |
|---|---|---|
| Sunoco Common Units | 136,895,901 | 136,866,854 |
| Sunoco Class C Units | 16,410,780 | 16,410,780 |
| Sunoco Class D Units | 51,517,198 | 51,517,198 |
| Sunoco Series A Preferred Units | 1,500,000 | 1,500,000 |
Subsequent to the closing of the Parkland Acquisition, Sunoco’s outstanding equity, other than the Class D Units which are 100% owned by the Company, is reflected as noncontrolling interest on the Company’s consolidated financial statements.
As of June 30, 2026, Energy Transfer and its subsidiaries owned 28,463,967 Sunoco common units, which constitutes a 13.9% limited partnership interest in the Partnership. As of June 30, 2026, Sunoco’s wholly owned consolidated subsidiaries owned 16,410,780 Class C units representing limited partnership interests in the Partnership (the “Class C Units”).
Cash Distributions on SunocoCorp Common Units
Our Company Agree ment sets forth the Company’s policy for paying regular quarterly cash distributions.
Cash distributions declared and/or paid with respect to SunocoCorp common units subsequent to December 31, 2025 were as follows:
| Common Unitholders | ||||
|---|---|---|---|---|
| Period Ended | Record Date | Payment Date | Per Unit Distribution | Distributions on Common Units |
| December 31, 2025 | February 6, 2026 | February 19, 2026 | $0.9317 | $48 |
| March 31, 2026 | May 8, 2026 | May 20, 2026 | 0.9899 | 51 |
| June 30, 2026 | August 7, 2026 | August 19, 2026 | 1.0023 | 52 |
Sunoco Cash Distributions
Sunoco's Partnership Agreement sets forth the calculation used to determine the amount and priority of cash distributions that the common unitholders receive.
Cash distributions declared and/or paid with respect to Sunoco common units and Class D Units subsequent to December 31, 2025 were as follows:
| Limited Partners | ||||||
|---|---|---|---|---|---|---|
| Period Ended | Record Date | Payment Date | Per Unit Distribution | Distributions on Common Units | Distributions on Class D Units | Distribution to IDR Holders |
| December 31, 2025 | February 6, 2026 | February 19, 2026 | $0.9317 | $128 | $48 | $60 |
| March 31, 2026 | May 8, 2026 | May 20, 2026 | 0.9899 | 136 | 51 | 71 |
| June 30, 2026 | August 7, 2026 | August 19, 2026 | 1.0023 | 137 | 52 | 74 |
Cash distributions with respect to Sunoco Series A Preferred Units, which are paid semi-annually, were as follows:
| Record Date | Payment Date | Rate |
|---|---|---|
| March 2, 2026 | March 18, 2026 | $39.38 |
Accumulated Other Comprehensive Loss
The following table presents the components of AOCI, net of tax:
| June 30,2026 | December 31,2025 | |
|---|---|---|
| Foreign currency translation adjustment | $(45) | $(6) |
| Total AOCI included in partners’ capital, net of tax | $(45) | $(6) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.