HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 4.Sep.2025, Words: 240) — Sunoco LP announced the pricing of a private offering of 1.5 million of its 7.875% series A fixed-rate reset cumulative redeemable perpetual preferred units at an offering price of $1,000 per unit. Sunoco will receive gross proceeds of $1.5bn from the sale […]
Tag: Sunoco LP
Energy Transfer and Sunoco Announce Strategic Permian JV
(Energy Transfer, 16.Jul.2024) – Energy Transfer LP and Sunoco LP announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water […]
Sunoco to Buy NuStar in Deal Valued at $7.3bn
(Reuters, 22.Jan.2024) — Sunoco LP (NYSE: SUN) and NuStar Energy L.P. (NYSE: NS) announced that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3bn, including assumed debt. Transaction Details Under the terms of the agreement, NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common […]