#USA #Dallas #Parkland Corporation #Sunoco LP #SunocoCorp LLC

Sunoco LP Secures Parkland Corporation Acquisition

On November 3, 2025, Sunoco LP (NYSE: SUN), in conjunction with SunocoCorp LLC (NYSE: SUNC), announced the successful completion of its acquisition of Parkland Corporation. The deal was finalized on October 31, 2025, marking an essential milestone for both companies as they join forces to enhance their market presence and operational efficiencies.

Delisting and Trading Update

Following the acquisition, shares of Parkland Corporation will be delisted from the Toronto Stock Exchange after the market closes on November 4, 2025. From that moment onward, Parkland shareholders will receive Common Units of SunocoCorp in this transaction, which are set to begin trading on the New York Stock Exchange (NYSE) from November 6, 2025 under the ticker symbol SUNC. This transition not only reflects the strategic consolidation in the energy sector but also opens new trading avenues for investors.

Extensive Infrastructure Reach

Sunoco LP operates as a crucial energy infrastructure and fuel distribution master limited partnership across 32 countries and territories, including regions in North America, the Greater Caribbean, and Europe. The company boasts an extensive network comprising approximately 14,000 miles of pipeline along with over 160 terminals. The scale of these operations supports Sunoco's fuel distribution capabilities, which result in the distribution of more than 15 billion gallons of fuel annually. This includes service to around 11,000 retail locations that are branded under Sunoco and its partners, alongside independent dealers and various commercial customers.

Furthermore, the general partner of Sunoco LP is owned by Energy Transfer LP (NYSE: ET), emphasizing a robust backing within the industry. This aligned partnership is likely to further bolster operational synergy following the acquisition.

Future Outlook

In light of this acquisition, Sunoco and SunocoCorp are poised for exciting growth opportunities, and expectations are high among stakeholders and investors regarding the potential benefits of this strategic move. The companies have pledged to continue leveraging their combined expertise and resources to improve efficiency and expand their operational breadth.

For those interested in more detailed insights regarding company projections and investor strategies, Sunoco has made an updated presentation available on their official website, detailing what investors can anticipate moving forward.

Investor Information

As part of the protocols surrounding the acquisition and trading updates, investors seeking more can access comprehensive materials provided by the companies. Important information can be located in the Investor Relations sections under Webcasts and Presentations on Sunoco's website.

Contacts for More Information:

• - Scott Grischow, Treasurer, Senior Vice President – Finance: [email protected]
• - Chris Cho, Senior Manager – Communications: [email protected]

This acquisition represents an important step in the dynamic landscape of the energy sector, reflecting ongoing trends toward consolidation and efficiency in service delivery. As the energy market continues evolving, both Sunoco LP and SunocoCorp LLC aim to remain at the forefront, capitalizing on their integrated strengths to drive customer satisfaction and shareholder value.