Sunoco LP is a master limited partnership. The partnership's prime business comprises the distribution of motor fuel to customers that include independent dealers, commercial customers, convenience stores as well as distributors. Sunoco'GP LLC, a general partner of the partnership, is owned by Energy Transfer Operating LP - an affiliate of Energy Transfer LP. In general, after buying motor fuel from refiners, Sunoco sells the fuel to customers, which determines the partnership's profit. Moreover, the partnership leases real estate that is used by motor retailers to distribute motor fuel, which generates rental income.
Key Executives
Name
Title
Christopher R. Curia
Executive VP, Divisional
Joseph Kim
CEO/Director/President
Karl R. Fails
COO/Executive VP
Brian A. Hand
Executive VP/Other Executive Officer
Rick J. Raymer
Chief Accounting Officer/Controller/Vice President