Sunoco LP Maintains Quarterly Distribution

DALLAS, July 26, 2017 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the second quarter of 2017 of $0.8255 per common unit, which corresponds to $3.3020 per common unit on an annualized basis.  The distribution will be paid on August 15, 2017 to common unitholders of record on August 7, 2017.

SUN will release its second quarter 2017 financial and operating results after the market closes on Tuesday, August 8. In conjunction with the news release, management will hold a conference call on Wednesday, August 9, at 9:30 a.m. Central Time (10:30 a.m. Eastern Time) to discuss SUN's results.

About Sunoco LP

Sunoco LP (NYSE: SUN) is a master limited partnership that operates approximately 1,355 convenience stores and retail fuel sites and distributes motor fuel to approximately 7,825 convenience stores, independent dealers, commercial customers and distributors located in 30 states. Our parent -- Energy Transfer Equity, L.P. (NYSE: ETE) -- owns SUN's general partner and incentive distribution rights.

Qualified Notice

This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100 percent of SUN's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, SUN's distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Contacts

Scott Grischow
Senior Director – Investor Relations and Treasury
(214) 840-5660, scott.grischow@sunoco.com

Derek Rabe
Senior Analyst – Investor Relations and Finance
(214) 840-5553, derek.rabe@sunoco.com

View original content with multimedia:https://www.prnewswire.com/news-releases/sunoco-lp-maintains-quarterly-distribution-300494757.html

SOURCE Sunoco LP