SunocoCorp LLC

SunocoCorp LLC announced its redomiciliation from the State of Delaware to the State of Texas, effective July 6, 2026. This change was approved by the board of directors of the managing member and involved filing conversion certificates with both states. Following the redomiciliation, the company's affairs are now governed by the Texas Business Organizations Code and a new Texas Company Agreement, replacing the previous Delaware statutes and agreement. The company stated that there are no material changes to its business, assets, liabilities, CUSIP, or trading symbol, and it remains the same entity without interruption. However, the rights of unitholders are now subject to Texas law, and the Company Agreement includes provisions that limit the liability and duties of SunocoCorp Manager, as well as a forum selection clause for legal claims.

SunocoCorp reported a significant increase in Q1 2026 total revenues to $10.69 billion, up from $5.18 billion in Q1 2025, with net income rising to $605 million from $207 million. This period reflects the consolidation of Sunoco LP by SunocoCorp following the Parkland Acquisition in 2025, which constituted a change in reporting entity. Key strategic activities included the acquisition of TanQuid for $239 million and other acquisitions for $50 million, alongside the issuance of $1.2 billion in new senior notes and redemption of $1.1 billion in existing debt.

SunocoCorp LLC reported strong financial and operating results for the first fiscal quarter ended March 31, 2026. The company announced a significant increase in net income to $644 million and Adjusted EBITDA to $867 million, alongside a 6.25% increase in its quarterly distribution to $0.9899 per unit. Additionally, SunocoCorp completed the acquisition of TanQuid, contributing to growth across its segments.

SunocoCorp LLC announced that its Board of Directors approved a quarterly cash distribution of $0.9899 per common unit for the quarter ended March 31, 2026. This distribution marks a 6.25% increase from the previous quarter, translating to an annualized distribution of $3.9596 per unit. The distribution is scheduled to be paid on May 20, 2026, to common unitholders of record as of May 8, 2026.