Sunoco lp reports record second quarter 2024 financial and operating results

Reports record second quarter net income of $501 million and adjusted ebitda(1), excluding transaction-related expenses(2), of $400 million completes the acquisition of nustar energy l.p. on may 3, 2024 and the divestiture of 204 convenience stores to 7-eleven, inc. on april 16, 2024; results for the second quarter of 2024 reflect the impact of these two transactions reaffirms full year 2024 adjusted ebitda(1)(3) guidance of $1.46 billion to $1.52 billion, excluding synergies and transaction-related expenses(2) increases nustar commercial and expense synergies to $200 million and financial synergies to $60 million forms a joint venture in the permian basin with energy transfer enters into a definitive agreement to acquire a liquid fuels terminal in portland, maine dallas , aug. 7, 2024 /prnewswire/ -- sunoco lp (nyse: sun) ("sun" or the "partnership") today reported financial and operating results for the quarter ended june 30, 2024.
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