Sunoco LP Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Sunoco LP on October 26, 2020. The report discloses a corporate action approved by the Board of Directors of Sunoco GP LLC regarding cash distributions for the quarter ended September 30, 2020.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the quarterly cash distribution amount.
- Quarterly Cash Distribution: $0.8255 per common unit
- Annualized Distribution Rate: $3.3020 per common unit
Material Changes
The filing announces the approval of a specific cash distribution rate for the third quarter of 2020. No comparative data against prior periods is included in this specific document.
Outlook, Commentary, and Risks
Management commentary is limited to the announcement of the distribution approval. The filing does not contain forward-looking guidance, risk factors, or discussion of contingencies beyond the standard disclosure that the press release is "furnished" and not "filed" under Section 18 of the Exchange Act.
Key Facts for Investor Verification
- Payment Date: November 19, 2020
- Record Date: November 6, 2020 (close of business)
- Security: Common Units Representing Limited Partner Interests (Symbol: SUN)
- Source of Data: The distribution details are based on the press release attached as Exhibit 99.1.