Sunoco Q4 Earnings Call Highlights

Grischow said SUNC “will be an attractive option to invest in Sunoco,” particularly for investors outside the U.S., institutional investors, and retirement accounts. Management expects minimal corporate income taxes at SUNC for at least five years, which it said should allow SUNC’s distribution to remain “very similar” to Sunoco LP’s distribution during that period.Grischow emphasized that SUNC’s only asset is its limited partner interest in Sunoco LP and that SUNC consolidates Sunoco LP into its financial ...