Sun Oil

Sunoco LP is an American master limited partnership organized under Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy company to a distributor of fuels and operator of energy infrastructure. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses.

The partnership was known as Sun Company, Inc. from 1886 to 1920 and 1976 to 1998, and as Sun Oil Co. from 1920 to 1976. The Sunoco name is a contraction of SUN Oil COmpany.

Its current operational focus dates back to 2018, when it divested the noncore convenience store operations to 7-Eleven for $3.2 billion, which allowed for Sunoco LP to improve its financial position. The transaction also provided a long-term take or pay fuel supply agreement with 7-Eleven to generate consistent earnings and cash flows. As of 2024, Sunoco still operates 76 retail locations, all of which are located in New Jersey and Hawaii, the latter branded as Aloha Petroleum, Ltd..

As of 2024, the company distributes over of fuel across more than 40 U.S. states and territories, making it one of the largest independent fuel distributors in the United States. Its midstream operations include a network of approximately of pipeline and over 100 terminals. It has by far the largest number of gas stations in Pennsylvania at over 800 locations, more than triple that of second-place ExxonMobil, though it is second to convenience store chain Sheetz in total fuel sales in the state.

History

1800s to 1950s: founding and growth

The partnership began as The Peoples Natural Gas Company in Pittsburgh, Pennsylvania. In 1886, its partners Joseph Newton Pew, Philip Pisano, and Edward O. Emerson decided to expand their fuel business with a stake in the new oil discoveries in Ohio and Pennsylvania. Four years later, the growing enterprise became the Sun Oil Company of Ohio. Sun Oil diversified quickly and became active in the production and distribution of oil as well as processing and marketing refined products. By 1901, the company was incorporated in New Jersey as Sun Company, Inc.

In 1902, the Sun Oil Refining Company was chartered in Texas, as it turned its interest to the new Spindletop field in Texas. Joseph Newton Pew's nephew, J. Edgar Pew, was able to buy the storage and transportation assets of Lone Star and Crescent Oil Company at a receivership auction. Spindletop oil was then shipped to the company's Marcus Hook, Pennsylvania, refinery.

Pew's sons, J. Howard Pew and Joseph N. Pew, Jr. would take over the company after their father's death.

With a growing portfolio of oil fields and refineries, Sun opened its first service station in Ardmore, Pennsylvania, in 1920. In 1922, it changed its name back to Sun Oil Company and, in 1925, it became a public company via an initial public offering on the New York Stock Exchange. Sun Oil ranked 39th among United States corporations in the value of World War II production contracts. The company expanded internationally following the war. Its first Canadian refinery was built in 1953 in Sarnia, Ontario, home to a burgeoning new petrochemical industry. Sun Oil established a facility at Venezuela's Lake Maracaibo in 1957, which produced over a billion barrels (159 trillion liters) before the operation was nationalized in 1975.

In 1956, the company introduced "CustomBlended" fuel pumps, an innovation that allowed customers of Sunoco service stations to choose from several octane ratings through a single pump. Sunoco stations offered as many as eight grades of "CustomBlended" fuels from its "Dial A Grade/Blend Selector" pumps ranging from subregular Sunoco 190 to Sunoco 260 and super-premium grade of 102 octane. The Sunoco 260 was advertised as "The Highest Octane Fuel You Can Buy!" and very popular with operators of V8powered muscle cars of the 1960s.

1960s to 1990s: acquisitions and branding

In 1967, Sun Oil established its Great Canadian Oil Sands Limited facility in northern Alberta, Canada to access the estimated 300 billion barrels (48 km³) of extractable oil in the Athabasca oil sands.

In 1968, Sun Oil merged with Tulsa, Oklahomabased Sunray DX Oil Company, which refined and marketed fuel under the DX brand in several midwestern states, and included several refineries. Its Tulsa refinery was operated by the company until its sale in June 2009 to Holly Corporation of Dallas. This move expanded Sun Oil's marketing area into the midcontinent region.

The company continued marketing its petroleum products under both the Sunoco and DX brands through the 1970s and into the 1980s. In the late 1980s, it began rebranding DX stations in the Midwest to the Sunoco brand, but by the early 1990s, they pulled out of virtually all areas in the southeastern U.S. and west of the Mississippi, resulting in the closing and rebranding of service stations and jobbers to other brands in those areas, notably Sinclair in Oklahoma and Kerr-McGee and Chevron in Arkansas.

With increased diversification, Sun Oil Company was renamed Sun Company in 1976. In 1980, Sun acquired the U.S. oil and gas properties of Texas Pacific Oil Company, Inc., a subsidiary of The Seagram Company Ltd, for U.S.$2.3 billion the second largest acquisition in U.S. history to that date.

Through the 1980s, Sun developed oil interests in the North Sea and offshore China and expanded its holdings in both oil and coal with additional U.S. business acquisitions. In 1983, the company launched Sunoco ULTRA 94, the market's highest octane unleaded fuel. Then in 1988, Sun undertook a restructuring to segregate its domestic oil and fuel exploration and production business and focus the company on its refining and marketing business. This led to the acquisition of Atlantic Refining and Marketing (and, in effect, that company's convenience store chain, APlus), including its Philadelphia refinery which was later merged with the former Gulf Oil refinery that Sunoco acquired from Chevron.

By the 1990s, the company had departed the international exploration business and was fully dedicated to its branded products and services. In 1994, Sun acquired the Philadelphia Chevron Oil refinery consolidating operations with its own adjacent which it had acquired with Atlantic. It sold its remaining interest in Canada's Suncor Energy in 1995 but markets products from two refineries one in Toledo, Ohio, and the other Sarnia, Ontario in joint ventures. In 1998, Sun Company, Inc. became Sunoco, Inc. In 2011 the Toledo facility was sold to PBF Energy, Inc.

In 1998, Sunoco acquired the chemical business of Allied Signal, including a phenol plant. The business was renamed as "Sunoco Chemicals, Inc." In 2011, the plant was acquired by Honeywell for $85 million.

2000s

In 2003, Speedway LLC, then a subsidiary of Marathon Petroleum, sold 193 convenience stores to Sunoco. It also acquired service stations from Coastal Petroleum.

In 2004, Sunoco replaced the ConocoPhillips' 76 brand as the ''Official Fuel of NASCAR''.

After ConocoPhillips abandoned the marketing of the Mobil brand name in the Washington, D.C. area, Sunoco purchased these rights, converted Maryland and Virginia Mobil stations to the Sunoco brand, bringing the APlus convenience store with them prior to this, these stations had convenience stores under the Circle K or On the Run brands.

In September 2009, Sunoco sold its retail heating oil and propane distribution business to Superior Plus for $82.5 million in cash.

In Canada, the Sunoco brand was licensed for the Ontario retail fuel station operations of Suncor Energy until 2010. Following Suncor's acquisition of Petro-Canada, all Canadian Sunoco outlets were converted to PetroCanada branding, except for one location in Port Colborne, Ontario, which closed in 2023.

In December 2010, Sunoco sold its refinery in Toledo, Ohio, to PBF Energy, Inc. for $400 million. Effective September 6, 2011, Sunoco announced that it would exit the crude oil refining business and seek to sell its Philadelphia and Marcus Hook, Pennsylvania refineries by mid-2012. The company stated that its cost for exiting the refining business could be as high as $2.7 billion. According to one report, it had lost some $800 million on refining operations since 2009; an earlier report provided a figure of $772 million.

On December 1, 2011, Sunoco announced it would accelerate closure of the Marcus Hook facility. The Marcus Hook facility, founded in 1902 and covering 781 acres, was dedicated exclusively to the processing of light sweet crude oil; this processing focus combined with volatility in crude oil prices are considered contributing factors to both this refinery's closure and Sunoco's exit from the refinery business.

In 2012, Sunoco demolished its Eagle Point refinery complex in West Deptford Township, New Jersey, which had been idle since 2010.

In September 2012, Sunoco formed a joint venture with The Carlyle Group, allowing for the continuation of operations at the Philadelphia refinery, and temporarily saving over 800 jobs. However, on January 22, 2018, the joint venture, named Philadelphia Energy Solutions, filed for bankruptcy.

Sunoco acquired NuStar Energy in January 2024 for $7.3 billion. The deal gave Sunoco access to 63 terminal and storage facilities as well as 9,500 miles of pipeline.

Environmental record

In January 2025, a leak from a Sunoco pipeline contaminating drinking water wells in Bucks County, Pennsylvania, was found. According to a report from the PHMSA, the leak had been active for 16 months. Sunoco Pipeline LP spilt 1,400 barrels of refined fuel in 2024, more than any other operator.

In August 2022, Sunoco was convicted of several criminal counts after pleading no contest and was ordered to pay a fine of $10 million, due to the company failing to prevent or report contaminates leaking into the groundwater during the construction of the Mariner East 2 pipeline in Pennsylvania, as well as violating other state environmental laws.

On June 21, 2019, a damaging fire occurred at a 30,000 bpcd (barrels per calendar day) alkylation unit in Philadelphia. The explosion of the alkylation unit triggered a massive fireball and caused nearby homes to shake. A few days later, on June 26 the refinery complex announced it would cease operations and shut down.

In 2014, Sunoco was one of 50 companies sued by Pennsylvania, which alleged that the companies polluted waters with MTBE, a fuel additive.

In 2000, Sunoco leaked of oil into the John Heinz National Wildlife Refuge at Tinicum in Pennsylvania, through a cracked pipe. Sunoco claimed its systems did not detect the leak, which was reported by a hiker in the Wildlife Refuge. The company installed advanced leak detection systems after removing the defective joints on that and associated pipelines.

In 1993, Sunoco became the first Fortune 500 company to endorse the CERES principles (Coalition for Environmentally Responsible Economies). The 10point conduct code includes public reporting of environmental record.

Purchase by Energy Transfer Partners and creation of Sunoco LP as masterlimited partnership

In 2012, Dallasbased energy company Energy Transfer Partners purchased Sunoco. Sunoco would subsequently move its corporate headquarters to Dallas in 2016.

On August 29, 2014, Energy Transfer Partners acquired  Susser Holdings Corporation, owner of Stripes Convenience Stores and general partner of Susser Petroleum Partners LP (SUSP). On October 27, 2014, Susser Petroleum Partners LP changed its name to Sunoco LP and its ticker symbol from SUSP to SUN. From 2014 to 2016, Energy Transfer Partners sold the combined retail and marketing assets of Sunoco and Susser Holdings to Sunoco LP.

In Texas, Sunoco replaced Valero at the Stripes locations; Stripes and APlus remained separate brands.

Current Operation: Focus on fuel distribution and energy infrastructure

Also in 2014, Sunoco LP acquired Aloha Petroleum, Ltd., a retail and wholesale fuel business with six terminals in Hawaii. Additionally, it purchased eight Pico convenience stores in south central Texas. In December 2015, the company completed its acquisition of Alta East, Inc., a wholesale motor fuel distribution business serving the northeast United States. In 2015, Aloha Petroleum, Ltd. acquired stores including a Subway in Hawaii.

In June 2016, Sunoco LP purchased Valentine Convenience stores, consisting of 18 locations selling more than 20 million gallons of fuel, as well as Texasbased Kolkhorst Petroleum, Inc. Kolkhorst operated 14 convenience stores under the Rattler's brand and distributed more than 46 million gallons of fuel. Denny Oil, a convenience store and wholesale distributor operator, was purchased by Sunoco LP in October 2016, adding an additional 90 million gallons of fuel to its distribution business.

Sunoco diversified its portfolio in August 2016 with the acquisition of Emerge Energy Services LP, entering into the business of processing transmix fuels.

In April 2017, Sunoco introduced at all of its stations Sunoco UltraTech, a high-detergent fuel blend that met Top Tier standards. Sunoco UltraTech contains the same detergent level as the fuel Sunoco makes for NASCAR.

In January 2018, the company sold 1,030 retail stores to 7-Eleven and agreed to supply 2.2 billion gallons of fuel to 7Eleven convenience stores annually for 15 years. This included Sunoco's contract to the service plazas along the Pennsylvania Turnpike. Sunoco LP announced the completion of the acquisition of the refined terminal business from American Midstream Partners, LP on December 20, 2018.

On April 2, 2018, Sunoco announced the completion of the conversion of its 207 retail sites located in central west Texas, Oklahoma, and New Mexico markets to a single commission agent, Cal's Convenience, Inc. That month also saw the acquisition of Superior Plus Energy Services, adding three terminals and approximately 200 million gallons to Sunoco LP's wholesale fuels business. Additional 2018 acquisitions included Sandford Energy, LLC., BRENCO Marketing Corp., and Schmitt Sales, Inc.

In 2019, Sunoco LP announced a 50 percent ownership joint venture with Energy Transfer on the J.C. Nolan diesel fuel pipeline that connects west Texas to the Gulf Coast. On January 18, 2019, Sunoco LP announced the execution of a definitive asset purchase agreement with Attis Industries, Inc. for the sale of Sunoco LP's ethanol plant, including the grain malting operation in Fulton, New York.

In 2021, the company expanded its midstream footprint with the construction of a terminal in Brownsville, Texas along with the purchase of a terminal in Maryland from Cato Incorporated and eight terminals in Illinois, Maryland, Florida, New Jersey, and Virginia from NuStar Energy LP.

In 2022, Sunoco acquired Gladieux Capital Partners, LLC, a transmix plant in Indiana that included a wholesale fuel business, and Peerless Oil & Chemicals, a terminal and wholesale fuel business in Puerto Rico.

In May 2023, the company completed the acquisition of 16 refined product terminals located across the East Coast and Midwest from Zenith Energy.

In January 2024, Sunoco announced the sale of 204 convenience stores in New Mexico, Oklahoma, and West Texas to 7-Eleven for $1.0 billion.

On March 13, 2024, Sunoco LP announced its acquisition of Zenith Energy Netherlands Amsterdam B.V., which included liquid fuels terminals in Amsterdam, Netherlands, and Bantry Bay, Ireland.

On May 3, 2024, Sunoco LP acquired NuStar Energy LP for $7.3 billion. As reported by J.P. Morgan analysts, the acquisition “represented a transformative shift in strategy to a more diversified and vertically integrated business.” Assets added in the acquisition included a network of approximately 9,500 miles of pipeline and 63 terminals.

In July 2024, Sunoco LP announced the formation of a joint venture with Energy Transfer to combine their crude oil and produced water-gathering assets in the Permian Basin. The joint venture now operates more than 5,000 miles of crude oil and water gathering pipelines along with crude oil storage capacity of over 11 million barrels. Energy Transfer holds a 67.5% interest in the joint venture, with Sunoco LP holding the remaining 32.5% interest.

In August 2024, the company acquired a liquid fuels terminal in Portland, Maine.

On March 12, 2025, Sunoco LP expanded its presence in Europe by acquiring TanQuid, Germany's largest independent terminal operator with a portfolio of 15 terminals located in Germany and one terminal located in Southwestern Poland. This infrastructure serves an important role in the European fuel distribution supply chain.

On May 4, 2025, Sunoco LP announced its intent to acquire Canadian fuel distributor and retailer Parkland Corporation in a cash and equity deal valued at $9.1 billion. The combined company would be known as SUNCorp, LLC, and be the largest independent fuel distributor in the Americas, with over 11,000 retail locations. The company would also become owner of the Burnaby Refinery. Sunoco stated that it would maintain Parkland's Calgary headquarters and "significant" employment in Canada. The agreement is subject to both shareholder approval, and clearance under the Investment Canada Act. Parkland's board has also been the subject of a proxy fight by a major shareholder that had been critical of the company's management.

Partnerships

Sunoco has exclusive deals as the fuel supplier at the travel plazas along the Ohio Turnpike, Pennsylvania Turnpike, New Jersey Turnpike, Garden State Parkway, Atlantic City Expressway, Palisades Parkway, and Delaware Turnpike.

Sunoco also operates some of the fuel filling stations on the New York Thruway, as well as the two service areas Chesapeake House, and Maryland House along Interstate 95 in Maryland.

Leadership

President

# Joseph Newton Pew, 18861912
# J. Howard Pew, 19121947
# Robert G. Dunlop, 19471970
# H. Robert Sharbaugh, 19701976
# Theodore A. Burtis, 19761981
# Robert McClements, Jr., 19811987
# Robert P. Hauptfuhrer, 19871988
# Robert McClements, Jr., 19881991
# Robert H. Campbell, 19911996
# John G. Drosdick, 19962008
# Lynn L. Elsenhans, 20082012
# Brian P. MacDonald, 2012
# Robert W. Owens, 20122017
# Joseph Kim, 2017

Chairman of the Board

# Joseph Newton Pew, Jr., 19471963
# J. Howard Pew, 19631971
# Robert G. Dunlop, 19711974
# H. Robert Sharbaugh, 19751979
# Theodore A. Burtis, 19791987
# Robert McClements, Jr., 19871992
# Robert H. Campbell, 19922000
# John G. Drosdick, 20002008
# Lynn L. Elsenhans, 2009201
# Sam L. Susser, 20142015
# Matthew S. Ramsey, 20152022
# Ray W. Washburne, 2022

Fuel brands

Sunoco Performance Fuels

As of 2017, Sunoco's full lineup of fuels meets both the demands of high-performance drivers and the specifications of the Top Tier Fuel Program. Its enhanced fuel detergency helps keep engines clean and ensures compliance with tight vehicle emissions requirements. Sunoco fuels all have the same level of detergency that they use to fuel NASCAR and help vehicles run cleaner, longer, and more efficiently.

94 Octane

From 1983 to the early 2000s, 94-octane Ultra 94 was the market's highest octane of unleaded fuel. In 2021, Sunoco began to reintroduce the 94-octane fuel in specific markets.

Sunoco Race Fuels

Sunoco Race Fuels is a refiner and distributor of racing fuels. Originally featuring two high-octane options (Sunoco 260 and 280), Sunoco Race Fuels now produces 18 different high-performance fuel blends, which are used for all types of professional motorsports. All Sunoco Race Fuels products are refined at Sunoco LP's Marcus Hook facility.

Sunoco Race Fuels also holds partnerships as the Official Fuel or Spec Fuel of the following racing series:

* NASCAR
* Sports Car Club of America
* International Hot Rod Association
* Pro All Stars Series
* Sportscar Vintage Racing Association
* Trans-Am Series
* ARCA Menards Series
* Lucas Oil Late Model Dirt Series

Motorsports partnerships

The Sunoco fuel brand was Team Penske's sponsor of choice for many years, particularly in the Sports Car Club of America Trans-Am Series, where Roger Penske's Sunoco Camaros won the championship in 1968 and 1969. Sunoco also sponsored Penske Porsche + Audi Le Mans in the Sports Car Club of America Can-Am series, and Penske won his first Indianapolis 500 in 1972 with driver Mark Donohue.

NASCAR Whelen Modified Tour standout Charlie Rudolph made five appearances in the NASCAR Winston Cup Series (now NASCAR Cup Series) in 1987, bringing Sunoco into the sport for the first time. Between 1989 and 1992, Sunoco sponsored Hagan Racing. Sterling Marlin drove the No. 94 Sunoco Ultra94 Oldsmobile during the 1989–90 seasons and Terry Labonte for the 1991–92 seasons.

From 1995 to 1997, Sunoco was the primary sponsor of ST Motorsports No. 47 Chevrolet, driven by Jeff Fuller. Fuller captured his lone NASCAR Busch Grand National Series (now NASCAR Xfinity Series) victory at Bristol Motor Speedway on August 23, 1996.

In 2003, Sunoco was named the ''Official Fuel of NASCAR''.
Starting in the 2011 NASCAR Sprint Cup Series Sunoco introduced a new race fuel Green E15 98 octane racing fuel which is still used in the NASCAR Cup Series today.

Sunoco was the ''Official Fuel of the NTT IndyCar Series'' from 2011 through 2018, and the Indianapolis Motor Speedway from 2015 through 2018. New for the 2012 IZOD IndyCar Series, Sunoco introduced a new ethanol fuel blend rate that was reduced to E85 formula in a reference of road car relevance.

In 2013, Sunoco sponsored the No. 60 Panther Racing Chevrolet in the 2013 Indianapolis 500 with driver Townsend Bell. Following their participation in that event, Sunoco partnered with KV Racing and driver Tony Kanaan, who won the 2013 Indianapolis 500, for a four-race primary sponsorship agreement.

Sunoco was the ''Official Fuel of the National Hot Rod Association'' from 2015 through 2024.

In 2016, Sunoco was the founding partner of the "Daytona Rising" project, which was highlighted by the reimagining of the historic Daytona International Speedway. The Sunoco Injector, a branded fan engagement area built as part of the new speedway section opened during the Daytona 500 weekend.

In 2017/2018, Sunoco became the ''Official Fuel for the Canadian Snow Cross Circuit''.

In 2019, Sunoco signed on to be the presenting sponsor of the Richmond Raceway eSports Fueled By Sunoco, an eNASCAR iRacing World Championship Series team, with Malik Ray driving the No. 90 Sunoco Toyota Camry. In 2020, defending series champion Zack Novak piloted the Sunoco sponsored entry, with Jimmy Mullis as his Richmond Raceway eSports teammate in the No. 46 Toyota. In 2024, Sunoco became the sponsor of Letarte Racing.

As of 2023, Sunoco completed its 20th season as the ''Official Fuel of NASCAR''.

In 2024, the company announced a two-year agreement with Sauber Motorsport to sponsor its Formula 1 racing team.

Sponsorships

Sunoco is a partner with the following:

* Hershey Bears American Hockey League Affiliate of the Washington Capitals

* Hersheypark Sponsor of the Twin Turnpike Classic Cars and Twin Turnpike Speedway cars.

See also

* List of automotive fuel brands
* List of companies in Dallas
* Sunoco v. Honolulu

References

External links

Official Sunoco webpage

Official Sunoco LP webpage

Sun Oil Company records
are archived at the American Heritage Center, University of Wyoming.
{{Authority control

Oil companies of the United States
Oil pipeline companies
Automotive fuel retailers
Gas stations in the United States
Companies based in Philadelphia
Retail companies established in 1886
Non-renewable resource companies established in 1886
1886 establishments in Pennsylvania
Energy companies established in 1976
Non-renewable resource companies established in 1976
1976 establishments in Pennsylvania
Companies listed on the New York Stock Exchange
Economy of the Eastern United States
Economy of the Western United States
Economy of the Midwestern United States
Economy of the Northeastern United States
Economy of the Northwestern United States
Economy of the Southeastern United States
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Energy in Pennsylvania
Companies based in Dallas
2012 mergers and acquisitions
NASCAR
National Hot Rod Association
Sports Car Club of America
Trans-Am Series