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On the Record · Sunoco

Sunoco acquisitions, on the record

The businesses Sunoco bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
NuStar Energy L.P.
Word for word“On January 22, 2024, we entered into a definitive agreement with NuStar Energy L.P. (“NuStar”) to acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt.” 10-K for 2023
agreed acquisitionJanuary 22, 2024approximately $7.3 billion, including assumed debt
liquid fuels terminals in Amsterdam, Netherlands and Bantry Bay, Ireland from Zenith Energy
Word for word“On January 11, 2024, we announced that we will acquire liquid fuels terminals in Amsterdam, Netherlands and Bantry Bay, Ireland from Zenith Energy for €170 million including working capital.” 10-K for 2023
agreed acquisition—€170 million including working capital
16 refined product terminals located across the East Coast and Midwest from Zenith Energy
Word for word“On May 1, 2023, the Partnership completed the acquisition of 16 refined product terminals located across the East Coast and Midwest from Zenith Energy for $111 million, including working capital.” 10-K for 2023
acquisitionMay 1, 2023$111 million, including working capital
a terminal in Portland, Maine
Word for word“On August 30, 2024, we acquired a terminal in Portland, Maine for approximately $24 million, including working capital.” 10-K for 2024
acquisitionOn August 30, 2024approximately $24 million
204 convenience stores located in West Texas, New Mexico and Oklahoma to 7-Eleven, Inc.
Word for word“On April 16, 2024, we completed the sale of 204 convenience stores located in West Texas, New Mexico and Oklahoma to 7-Eleven, Inc. for approximately $1.0 billion, including customary adjustments for fuel and merchandise inventory.” 10-K for 2024
divestitureOn April 16, 2024approximately $1.0 billion
Parkland
Word for word“On October 31, 2025, we completed the previously announced acquisition of Parkland, whereby Sunoco Retail LLC (“Sunoco Retail”), a wholly owned corporate subsidiary of the Partnership, indirectly acquired all the outstanding shares of Parkland, in exchange for cash and SunocoCorp units that were contributed by SunocoCorp to the Partnership at the close of the Parkland Acquisition.” 10-K for 2025
acquisitionOctober 31, 2025—
TanQuid
Word for word“On January 16, 2026, the Partnership completed the previously announced acquisition of TanQuid for approximately €465 million (approximately $540 million as of January 16, 2026), includ ing approximately €300 million of assumed debt, less approximately €39 million of cash acquired.” 10-K for 2025
acquisitionJanuary 16, 2026approximately €465 million
151 fuel distribution consignment sites
Word for word“In the second quarter of 2025, Sunoco acquired a total of 151 fuel distribution consignment sites in three separate transactions for total consideration of approximately $105 million, plus working capital.” 10-K for 2025
acquisitionIn the second quarter of 2025approximately $105 million
approximately 70 fuel distribution consignment sites and 100 supply agreements
Word for word“In the third quarter of 2025, Sunoco acquired approximately 70 fuel distribution consignment sites and 100 supply agreements in five separate transactions for total cash consideration of approximately $85 million, plus working capital.” 10-K for 2025
acquisitionIn the third quarter of 2025approximately $85 million
27 fuel distribution consignment sites and 36 dealer sites, as well as commercial customers
Word for word“In the fourth quarter of 2025, Sunoco acquired a total of 27 fuel distribution consignment sites and 36 dealer sites, as well as commercial customers, in four separate transactions for total cash consideration of approximately $64 million, plus working capital.” 10-K for 2025
acquisitionIn the fourth quarter of 2025approximately $64 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedGoodwill from acquisitions
2020-12-31$9 million
2021-12-31$4 million
2022-12-31$20 million
2024-12-31$16 million

Deal filings since 2016

Read from Sunoco’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.