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Sunoco LP


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Sunoco LP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sunoco LP (NYSE:SUN) » Definitions
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Traded in Other Exchanges
N/A
Address
8111 Westchester Drive, Suite 400, Dallas, TX, USA, 75225
Website
https://www.sunocolp.com
Sunoco LP is a Delaware limited partnership formed in June 2012 by Susser Holdings Corporation or SUSS. In September 2012, the Company completed its initial public offering. The Company, along with its wholly owned subsidiary, is an independent motor fuel distributor by gallons in Texas, and among the distributors of Valero and Chevron branded motor fuel in the United States. The Company also receives rental income from real estate that it leases or subleases. SUSS operated approximately 580 retail convenience stores under its proprietary Stripes convenience store brand at year-end, mainly in growing Texas markets. Stripes is an independent chain of convenience stores in Texas based on store count and retail motor fuel volumes sold. Its business is integral to the success of SUSS' retail operations, and SUSS purchases substantially all of its motor fuel from the Company. In addition to distributing motor fuel, it also distributes other petroleum products such as propane and lube oil, and receives rental income from real estate that it leases or subleases. The Company purchases motor fuel mainly from independent refiners and oil companies and distributes it throughout Texas and in Louisiana, New Mexico and Oklahoma. The Company competes mainly with other independent motor fuel distributors. The Company is subject to various federal, state and local environmental laws and regulations, including those relating to underground storage tanks; the release or discharge of hazardous materials into the air, water and soil; the generation, storage, handling, use, transportation and disposal of regulated materials; the exposure of persons to regulated materials; and the remediation of contaminated soil and groundwater.
Executives
Arnold Dodderer officer: General Counsel 8020 PARK LANE, DALLAS TX 75231
Joseph Kim officer: EVP-Chief Development Officer 8020 PARK LANE, DALLAS TX 75231
Austin Harkness officer: SVP - Pricing & REO 8111 WESTCHESTER DRIVE., SUITE 600, DALLAS TX 75225
Ray W Washburne director 47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205
Matthew S. Ramsey director 6002 DEERWOOD, HOUSTON TX 77057
David K Skidmore director 400 N. SAINT PAUL ST., STE. 800, DALLAS TX 75201
Imad K. Anbouba director 10440 N CENTRAL EXPWAY, SUITE 1010, DALLAS TX 75231
Dylan Bramhall officer: CFO 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Rick Raymer officer: VP & Controller & POA 8020 PARK LANE, SUITE 200, DALLAS TX 75231
Alison Gladwin officer: SVP, Marketing & Admin. 8111 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Karl R Fails officer: EVP, Supply & Trading 8111 WESTCHESTER DRIVE, SUITE 500, DALLAS TX 75225
Brian A Hand officer: SVP-Chief Dev. & Mktg. Officer 910 BEECHWOOD LANE, FAIRVIEW TX 75069
Christopher Curia director, officer: Sr. VP - Human Resources 1250 VIA MILANO, SAN ANTONIO TX 78260
Thomas R Miller officer: CFO 2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Camilla A. Harris officer: VP, Controller & PAO 8020 PARK LANE, DALLAS TX 75231