Business Context and Reporting Period
Sunoco LP filed this Form 8-K on October 26, 2016, to disclose a corporate action approved by the board of directors of its general partner, Sunoco GP LLC. The filing pertains to the quarter ended September 30, 2016.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The primary financial data disclosed relates to capital distributions:
- Quarterly Cash Distribution: $0.8255 per common unit.
- Annualized Distribution: $3.3020 per common unit.
- Payment Date: November 15, 2016.
- Record Date: November 7, 2016.
Material Changes
The filing does not provide comparative financial data or material changes in operating performance versus prior periods. The only reported change is the approval of the specific distribution amount for the quarter ended September 30, 2016.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The document strictly serves to announce the approved cash distribution and incorporates a press release by reference.
Investor Verification Checklist
- Confirm the record date of November 7, 2016, to ensure eligibility for the distribution.
- Verify the payment date of November 15, 2016, for cash flow planning.
- Review the referenced press release (Exhibit 99.1) for any additional context not included in the 8-K text.
- Note that this filing does not contain audited financial statements or operational results.