Sunoco LP Announces Fourth Quarter and Full Year 2020 Financial and Operating Results
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DALLAS, Feb. 17, 2021 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today reported financial and operating results for the three- and twelve-month periods ended December 31, 2020.
For the three months ended December 31, 2020, net income was $83 million versus $83 million in the fourth quarter of 2019.
Adjusted EBITDA
(1) for the quarter totaled $159 million compared with $168 million in the fourth quarter of 2019. This year-over-year decrease reflects lower reported fuel volume and margins partially offset by a decline in operating expenses
(2).
(1), for the quarter was $97 million, compared to $120 million a year ago.