SUN

Sunoco LP (NYSE:SUN) is a Dallas-based master limited partnership that operates as one of the largest wholesale motor fuel distributors in the United States. Originally founded in 1886 as Sun Oil Company, the modern entity was formed through a series of acquisitions and restructurings, with the current partnership structure established in 2012. The company underwent significant transformation in 2014 when it changed its name from Susser Petroleum Partners LP to Sunoco LP following strategic acquisitions. In 2024, Sunoco completed its largest acquisition to date with the $7.3 billion purchase of NuStar Energy, significantly expanding its midstream operations and creating a more diversified energy infrastructure platform across fuel distribution, pipeline systems, and terminal operations.