SunocoCorp LLC

Listed Company

SUNCCIK 0002089661NYSENon-AcceleratedPetroleum RefiningDelawareFY ends Dec 31

Period

FY 2025

Revenue

$25.20B

Net Income

$-5.00M

Total Assets

$28.36B

Equity

—

Shares Out

51.52M

Op. Cash Flow

$1.19B

Business

SunocoCorp LLC owns limited partnership interests in Sunoco and derives its cash-generating assets from those interests while overseeing the partnership relationship. It distributes motor fuels and other petroleum products, operates convenience retail sites, provides pipeline transportation, terminals, transmix processing, and refinery services. Its business is organized into Fuel Distribution, Pipeline Systems, Terminals and Refinery segments. It markets and distributes products across North America, the Greater Caribbean and parts of Europe through company-operated stores, branded and unbranded dealers, commission agent locations, commercial customers and third-party terminals.

Summary from filing dated 2026-02-19

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31
Revenues	25,201	22,693	23,068
Cost of sales (excluding items shown separately below)	22,409	20,595	21,703
Operating expenses	765	545	356
General and administrative	296	277	126
Lease expense	114	72	68
Gain (Loss) on Sale of Assets and Asset Impairment Charges	−6	45	−7
Depreciation, amortization and accretion	688	368	187
Total cost of sales and operating expenses	24,266	21,902	22,433
OPERATING INCOME	935	791	635
Interest expense, net	−541	−391	−217
Equity in earnings of unconsolidated affiliates	143	60	5
Gain on West Texas Sale	0	586	0
Loss on extinguishment of debt	−31	−2	0
Other Nonoperating Income (Expense)	83	5	7
INCOME BEFORE INCOME TAXES	589	1,049	430
Income tax expense	58	175	36
Net income (loss) and comprehensive income (loss)	531	874	394
Net Income (Loss) Attributable to Predecessor Equity	467	874	394
Net Income (Loss) Attributable to Noncontrolling Interest	69	0	0
NET (LOSS) INCOME ATTRIBUTABLE TO MEMBERS	−5	0	0
Common units - basic (per share)	−0.1	—	—
Common - diluted	−0.1	—	—
Common units - basic (shares)	52	—	—
Common units - diluted	52	—	—
CASH DISTRIBUTION PER COMMON UNIT	0.93	—	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and cash equivalents	891	94	—	—
Accounts receivable, net	1,972	1,162	—	—
Inventories, net	2,383	1,068	—	—
Other current assets	270	141	—	—
Total current assets	5,516	2,465	—	—
Property, plant and equipment	15,256	8,914	—	—
Accumulated depreciation	−1,848	−1,240	—	—
Property, plant and equipment, net	13,408	7,674	—	—
Operating lease right-of-use assets, net	1,449	477	—	—
Goodwill	3,026	1,477	1,599	—
Intangible assets, net	2,411	547	—	—
Other non-current assets	928	400	—	—
Investments in unconsolidated affiliates	1,624	1,335	—	—
Total assets	28,362	14,375	—	—
Accrued expenses and other current liabilities	953	457	—	—
Operating lease current liabilities	211	34	—	—
Current maturities of long-term debt	17	2	—	—
Total current liabilities	3,997	1,947	—	—
Operating lease non-current liabilities	1,255	479	—	—
Long-term debt, net	13,372	7,484	—	—
Deferred tax liabilities	1,135	157	—	—
Other non-current liabilities	512	158	—	—
Total liabilities	20,349	10,307	—	—
Commitments and contingencies (Note 15)	—	—	—	—
Common Stock, Value, Issued	2,542	0	—	—
Accumulated Other Comprehensive Income (Loss), Net of Tax	−6	0	—	—
Members' Equity	2,536	0	—	—
Change in Reporting Entity, Investment, Cumulative Increase (Decrease)	0	4,068	—	—
Equity, Attributable to Noncontrolling Interest	5,477	0	—	—
Total equity	8,013	4,068	978	942
Total liabilities and equity	28,362	14,375	—	—
Limited partner interest, units outstanding (in units)	52	—	—	—
Limited partner interest, units issued (in units)	52	—	—	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31
Amortization of deferred financing fees	27	24	8
Other non-cash, net	40	−7	0
Non-cash unit-based compensation expense	19	17	17
Deferred income tax expense (benefit)	34	−14	13
Inventory valuation adjustments	156	86	114
Proceeds from Equity Method Investment, Distribution	196	0	0
Net change in operating assets and liabilities, net of effects of acquisitions and divestitures	−381	−200	−121
Net cash provided by operating activities	1,192	549	600
Capital expenditures	−577	−344	−215
Contributions to unconsolidated affiliate	−73	0	0
Proceeds from West Texas Sale	0	987	0
Distributions from unconsolidated affiliates in excess of cumulative earnings	72	8	9
Proceeds from disposal of property, plant and equipment	28	23	31
Payment for (Proceeds from) Other Investing Activity	0	0	−2
Net cash provided by (used in) investing activities	−2,807	477	−288
Loan origination costs	−57	−19	−5
Proceeds from Issuance of Preferred Stock and Preference Stock	1,473	0	0
Preferred units redemption	0	−784	0
Cash distributions to predecessor equity and noncontrolling interests, including incentive distributions	−657	−574	−371
Net cash provided by (used in) financing activities	2,412	−961	−365
Cash and Cash Equivalents, Period Increase (Decrease), Total	797	65	−53

Filings

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