v3.26.3
Equity
9 Months Ended
Sep. 30, 2026
Partners' Capital [Abstract]  
Partners' Capital Equity
SunocoCorp Common Units
As of September 30, 2026 and December 31, 2025, the Company had 51,517,198 common units outstanding.
Predecessor Equity
Prior to the closing of the Parkland Acquisition, all of Sunoco’s equity, including noncontrolling interest, is reflected as “predecessor equity” in the Company’s consolidated financial statements, as discussed in Note 1.
Noncontrolling Interest
The following table presents the total number of units outstanding for each class of Sunoco's equity at period end:
September 30,
2026
December 31,
2025
Sunoco Common Units136,896,738 136,866,854 
Sunoco Class C Units16,410,780 16,410,780 
Sunoco Class D Units51,517,198 51,517,198 
Sunoco Series A Preferred Units1,500,000 1,500,000 
Subsequent to the closing of the Parkland Acquisition, Sunoco’s outstanding equity, other than the Class D Units which are 100% owned by the Company, is reflected as noncontrolling interest on the Company’s consolidated financial statements.
As of September 30, 2026, Energy Transfer and its subsidiaries owned 28,463,967 Sunoco common units, which constitutes a 13.9% limited partnership interest in the Partnership. As of September 30, 2026, Sunoco’s wholly owned consolidated subsidiaries owned 16,410,780 Class C units representing limited partnership interests in the Partnership (the “Class C Units”).
Cash Distributions on SunocoCorp Common Units
Our Company Agreement sets forth the Company’s policy for paying regular quarterly cash distributions.
Cash distributions declared and/or paid with respect to SunocoCorp common units subsequent to December 31, 2025 were as follows:
Common Unitholders
Period EndedRecord DatePayment DatePer Unit DistributionDistributions on Common Units
December 31, 2025February 6, 2026February 19, 2026$0.9317 $48 
March 31, 2026May 8, 2026May 20, 20260.9899 51 
June 30, 2026August 7, 2026August 19, 20261.0023 52 
September 30, 2026November 6, 2026November 19, 20261.0148 52 
Sunoco Cash Distributions
Sunoco's Partnership Agreement sets forth the calculation used to determine the amount and priority of cash distributions that the common unitholders receive.
Cash distributions declared and/or paid with respect to Sunoco common units and Class D Units subsequent to December 31, 2025 were as follows:
Limited Partners
Period EndedRecord DatePayment DatePer Unit DistributionDistributions on Common UnitsDistributions on Class D UnitsDistribution to IDR Holders
December 31, 2025February 6, 2026February 19, 2026$0.9317 $128 $48 $60 
March 31, 2026May 8, 2026May 20, 20260.9899 136 51 71 
June 30, 2026August 7, 2026August 19, 20261.0023 137 52 74 
September 30, 2026November 6, 2026November 19, 20261.0148 139 52 76 
Cash distributions with respect to Sunoco Series A Preferred Units, which are paid semi-annually, were as follows:
Record DatePayment DateRate
March 2, 2026March 18, 2026$39.375 
September 1, 2026September 18, 202639.375 
Accumulated Other Comprehensive Loss
The following table presents the components of AOCI, net of tax:
September 30,
2026
December 31,
2025
Foreign currency translation adjustment$(63)$(6)
Total AOCI included in member's equity, net of tax$(63)$(6)