Sunoco LP Form 8-K Summary
Business Context and Reporting Period
Sunoco LP (NYSE: SUN) filed this Current Report on October 25, 2021. The filing primarily addresses a corporate action approved by the Board of Directors of Sunoco GP LLC regarding cash distributions for the quarter ended September 30, 2021.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial figure disclosed is the quarterly cash distribution amount.
- Quarterly Cash Distribution: $0.8255 per common unit
- Annualized Distribution: $3.3020 per common unit
Material Changes
The filing announces the approval of a specific cash distribution rate. The text does not provide comparative data against prior periods to determine if this represents an increase, decrease, or maintenance of the previous distribution rate.
Guidance, Outlook, and Events
The Board approved the distribution with the following payment schedule:
- Record Date: November 5, 2021 (close of business)
- Payment Date: November 19, 2021
The filing includes a press release (Exhibit 99.1) but does not contain management commentary on future outlook, risks, contingencies, or unusual items beyond the distribution announcement.
Investor Verification Checklist
- Verify the record date of November 5, 2021, to ensure eligibility for the upcoming payment.
- Confirm the payment date of November 19, 2021, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context not summarized in the 8-K text.
- Check subsequent filings for the actual payment confirmation and any changes to the distribution policy.