Sunoco Q4 Profit Rises - Quick Facts

(RTTNews) - Sunoco LP (SUN) reported that its fourth quarter Adjusted EBITDA attributable to partners rose to $112.2 million from $65.5 million last year.

Distributable cash flow attributable to partners, as adjusted, for the quarter was $90.1 million, compared to $51.1 million a year earlier, and distributable cash flow per common unit was $1.03.

Net income attributable to partners was $7.8 million versus $30.1 million last year.

Revenue was $3.7 billion for the quarter, up 184.6 percent compared to $1.3 billion in the fourth quarter of 2014.

The company specified that the increase was due to the result of the contribution of merchandise and retail fuel sales from the Susser's Stripes® convenience store chain and the wholesale fuel distribution sales and rental income from SUN's interest in Sunoco, LLC on a consolidated basis, partly offset by the impact of a 37-cent per gallon decrease in the average selling price of fuel.