Question: What Happened To Sunoco Logistics?

Energy Transfer Partners LP on Wednesday approved a merger with its subsidiary. The combined company, headquartered in Dallas, will begin trading Monday under the ticker symbol “ETP.”

Who bought Sunoco Logistics?

–(BUSINESS WIRE)– Sunoco Logistics Partners L.P. (NYSE: SXL) (“SXL”) and Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP”) today announced the completion of their previously announced merger of an indirect subsidiary of SXL, with and into ETP, with ETP surviving the merger as a wholly owned subsidiary of SXL.

What happened to ETP?

In October 2018, ETE completed its acquisition of ETP. The simplified company is now operating as one partnership known as Energy Transfer LP, and is traded on the NYSE under the ticker symbol “ET.” In July 2018, ETP commenced operations of its fifth natural gas liquids (NGL) facility at Mont Belvieu, Texas.

When did ETP buy Sunoco?

DALLAS and PHILADELPHIA, October 5, 2012 — Energy Transfer Partners, L.P. (NYSE:ETP) and Sunoco, Inc. (NYSE:SUN) today announced the successful completion of the previously announced merger of a wholly owned subsidiary of ETP, with and into Sunoco, with Sunoco surviving the merger as a subsidiary of ETP.

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Did Sunoco buy energy transfer?

Sunoco Logistics on Monday announced a nearly $20 billion merger with Energy Transfer Partners, which oversees the disputed Dakota Access Pipeline project. The deal is the latest in a string of multibillion dollar mergers in the midstream energy storage and pipeline sector.

What pipeline does energy transfer own?

It was founded in 1995 by Ray Davis and Kelcy Warren, who remains Chairman and CEO. It owns a 36.4% interest in Dakota Access, LLC, the company responsible for developing the controversial Dakota Access Pipeline.

What does Sunoco LP do?

Sunoco LP is one of the largest independent fuel distributors in the United States, providing motor fuel to convenience stores, independent dealers, commercial customers and distributors in more than 33 states and growing.

Does Energy Transfer Partners still exist?

Upon closing of the merger, ETE changed its name to Energy Transfer LP, and applied to list its common units on the NYSE under the ticker symbol “ET.” Effective with the opening of market on October 19, 2018, ETP is no longer a publicly traded company and trading of its common units, previously listed on the NYSE under

Who did Energy Transfer buy out?

Enable Midstream chose $7.3B Energy Transfer merger amid competitive interest. Energy Transfer LP beat out seven other interested parties when it agreed to buy Enable Midstream Partners for $7.3 billion, according to the oil and gas pipeline heavyweight.

Who did Energy Transfer buy?

17, 2021– Energy Transfer LP (NYSE: ET) (“ET” or “Energy Transfer”) and Enable Midstream Partners, LP (NYSE: ENBL) (“Enable”) today announced that they have entered into a definitive merger agreement whereby Energy Transfer will acquire Enable in an all-equity transaction valued at approximately $7.2 billion.

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Who owns Sunoco?

In 2012, Dallas-based energy company Energy Transfer Partners purchased Sunoco. In 2014, Energy Transfer Partners acquired Susser Holdings Corporation, the parent company of Stripes Convenience Stores, and merged it with Sunoco into a master limited partnership, forming Sunoco LP.

Is Sunoco the same as energy transfer?

SUN’s general partner is owned by Energy Transfer Operating, L.P., a subsidiary of Energy Transfer LP (NYSE: ET). For more information, visit Sunoco LP.

How much is Kelcy Warren Worth?

DALLAS and PHILADELPHIA, October 5, 2012 — Energy Transfer Partners, L.P. (NYSE:ETP) and Sunoco, Inc. (NYSE:SUN) today announced the successful completion of the previously announced merger of a wholly owned subsidiary of ETP, with and into Sunoco, with Sunoco surviving the merger as a subsidiary of ETP.

Where is energy transfer headquarters?

(NYSE: SUN) is a leading logistics and retail company. The company owns the general partner interest of Sunoco Logistics Partners L.P., which consists of a two percent ownership interest and incentive distribution rights, and owns a 32.4 percent interest in the Partnership’s limited partner units.

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