About Sunoco LP
Sunoco LP is a company based in Philadelphia (United States) founded in 1886. It operates as a Reseller / Distribution, and B2B2C. The company has 3,300 employees as of December 31, 2024. Sunoco LP has completed 6 acquisitions, including Allied Energy Company, Alta East and Direct Fuels. Sunoco LP offers products and services including Fuel Distribution, Pipeline Systems, Terminals, and Aviation Fuel.
- Headquarter Philadelphia, United States
- Employees 3300 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sunoco Lp
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Annual Revenue
$22.69 B-1.63as on Dec 31, 2024
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Net Profit
$716 M130.23as on Dec 31, 2024
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EBITDA
$1.22 B53.15as on Dec 31, 2024
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Latest Funding Round
$2.2 B (USD), Debt – Conventional
Jan 23, 2018
- Investors
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Employee Count
3300
as on Dec 31, 2024
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Investments & Acquisitions
Allied Energy Company
& 5 more
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IPO & Listings of Sunoco LP
Sunoco LP is a publicly listed company on the NYSE with ticker symbol SUN in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sunoco LP
Sunoco LP offers a comprehensive portfolio of products and services, including Fuel Distribution, Pipeline Systems, Terminals, and Aviation Fuel. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fuel distribution services are provided across multiple regions.
Pipeline operations are managed for transporting various energy products.
Terminal facilities are operated for storage and distribution purposes.
Aviation fuel solutions are offered for commercial and military use.
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Sales and Marketing
49 people
Software Development Team
25 people
Leadership Team
23 people
Finance and Accounting
19 people
Operations Team
16 people
Senior Team
13 people
Sr. Team
9 people
Lead Team
8 people
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Funding Insights of Sunoco LP
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $2.2B
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First Round
First Round
(01 Aug 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Debt – Conventional - Sunoco LP | Valuation |
investors |
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| Sep, 2009 | Amount | Grant - Sunoco LP | Valuation |
investors |
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| Aug, 2007 | Amount | Grant - Sunoco LP | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sunoco LP
Sunoco LP has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include FEMA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Federal emergency management and disaster response are coordinated nationwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sunoco LP
Sunoco LP has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Allied Energy Company, Alta East and Direct Fuels. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Ethanol and petroleum-based refined products are distributed nationwide.
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2008 | ||||
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Liquid terminals and pipelines are operated in the energy sector.
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2001 | ||||
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Distributor of fuel products
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sunoco LP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sunoco Lp Comparisons
Competitors of Sunoco LP
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sunoco Lp
Frequently Asked Questions about Sunoco LP
When was Sunoco LP founded?
Sunoco LP was founded in 1886 and raised its 1st funding round 121 years after it was founded.
Where is Sunoco LP located?
Sunoco LP is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Sunoco LP?
Joseph Kim is the current CEO of Sunoco LP.
How many employees does Sunoco LP have?
As of Dec 31, 2024, the latest employee count at Sunoco LP is 3,300.
What is the annual revenue of Sunoco LP?
Annual revenue of Sunoco LP is $22.69B as on Dec 31, 2024.
What does Sunoco LP do?
Sunoco LP is established as North Americas largest independent fuel distributor, operating across over 40 U.S. states, Puerto Rico, Europe, and Mexico. The company is engaged in the distribution of approximately 9 billion gallons of branded and unbranded fuel annually. Its midstream operations are supported by an extensive network of about 14,000 miles of pipelines and over 100 terminals. Solutions provided include fuel delivery, pipeline transportation of refined products, crude oil, and ammonia, as well as terminal storage services. The sectors served encompass commercial, aviation, and marine fuel markets, ensuring reliable energy supply through innovative and customer-focused approaches.
What products or services does Sunoco LP offer?
Sunoco LP offers Fuel Distribution, Pipeline Systems, Terminals, and Aviation Fuel.
Is Sunoco LP publicly traded?
Yes, Sunoco LP is publicly traded on NYSE under the ticker symbol SUN.
How many acquisitions has Sunoco LP made?
Sunoco LP has made 6 acquisitions, including Allied Energy Company, Alta East, and Direct Fuels.
Who are Sunoco LP's investors?
Sunoco LP has 1 investor. Key investors include FEMA.
What is Sunoco LP's ticker symbol?
The ticker symbol of Sunoco LP is SUN on NYSE.