ET - Mergers and acquisitions

CALGARY, AB, Nov. 3, 2025 /PRNewswire/ -- Parkland Corporation (TSX:PKI) ("Parkland") announced today that Sunoco LP ("Sunoco") completed the acquisition of Parkland on October 31, 2025 (the "Transaction"). Parkland shares are expected to be delisted from the Toronto Stock Exchange as of the close of markets on Tuesday, November 4, 2025, and, until such time, will continue to be traded on the Toronto Stock Exchange. The Common Units of SunocoCorp LLC ("SunocoCorp") to be received by Parkland shareholders in connection with the Transaction will begin trading on the New York Sto

DALLAS, Nov. 3, 2025 /PRNewswire/ -- Sunoco LP (NYSE:SUN) ("Sunoco" or the "Partnership"), and SunocoCorp LLC (NYSE:SUNC) ("SunocoCorp") announced today that Sunoco completed the acquisition of Parkland Corporation ("Parkland") on October 31, 2025 (the "Transaction"). Parkland shares are expected to be delisted from the Toronto Stock Exchange as of the close of markets on Tuesday, November 4, 2025 and, until such time, will continue to be traded on the Toronto Stock Exchange. The Common Units of SunocoCorp to be received by Parkland shareholders in connection with the Transact

DALLAS, April 17, 2024 /PRNewswire/ -- Sunoco LP (NYSE:SUN) ("SUN" or the "Partnership") today announced the completion of the acquisition of liquid fuels terminals from Zenith Energy and the divestiture of 204 convenience stores to 7-Eleven, Inc. ("7-Eleven"). Both transactions were completed at highly attractive multiples and are immediately accretive to unitholders on key metrics. Including the impact from the European terminal acquisition and West Texas divestiture, the Partnership continues to expect full year 2024 Adjusted EBITDA(1)(2) to be in a range of $975 million to

Evergreen Sequestration Hub's permanent geologic CO2 storage site is strategically located in Beauregard and Calcasieu parishes in southwest Louisiana Trace Carbon Solutions, LLC (Trace), through its wholly owned subsidiary Evergreen Sequestration Hub, LLC (Evergreen Hub), announced today that it has submitted a Class VI permit application to the Louisiana Department of Energy and Natural Resources for two CO2 injection wells. The application, submitted on February 28, 2024, requests Trace be allowed to permanently sequester carbon dioxide in underground geologic formations on approximately 20,000 acres in Beauregard and Calcasieu parishes in Louisiana. "Trace is pleased to announce thi

Trace to permanently sequester carbon dioxide (CO2) underground, while Molpus continues to manage the aboveground acreage as a sustainably managed working forest Evergreen Sequestration Hub is strategically located near significant industrial emissions sources in Southwest Louisiana and Southeast Texas Estimated total sequestration capacity of over 250 million metric tons of CO2 Trace Carbon Solutions, LLC (Trace) and Molpus Woodlands Group (Molpus), on behalf of a client, announced today that they have signed a servitude agreement providing Trace with exclusive rights to develop and operate a carbon sequestration site, to be called the Evergreen Sequestration Hub (Evergreen Hub),

Energy Transfer LP (NYSE:ET) ("ET" or the "Partnership") today reported record financial results for the quarter ended March 31, 2021. ET reported net income attributable to partners for the three months ended March 31, 2021 of $3.29 billion, an increase of $4.14 billion compared to the same period the previous year. For the three months ended March 31, 2021, net income per limited partner unit (diluted) was $1.21 per unit. Adjusted EBITDA for the three months ended March 31, 2021 was $5.04 billion compared with $2.64 billion for the three months ended March 31, 2020. Distributable Cash Flow attributable to partners, as adjusted, for the three months ended March 31, 2021 was $3.91 billio

PITTSBURGH--(BUSINESS WIRE)--LOLA Energy III, LLC (“LOLA Energy”) today announced that it has recently closed on an acquisition of 100% of the equity membership interests of an exploration and production company with operations in Butler County, PA (the “acquired company”). Financial and other terms and conditions of the sale are confidential among the parties to the transaction. The acquired company immediately changed its name to LOLA Energy PetroCo, LLC to rebrand as a LOLA Energy owned and operated company. The acquired company’s assets and operations include: Approximately 22,000 net mineral acres of oil and gas leases in the natural gas liquids rich window of the Marcellu

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE:ET) (“ET” or the “Partnership”) today reported financial results for the quarter and year ended December 31, 2020. ET reported net income attributable to partners for the three months ended December 31, 2020 of $509 million. For the three months ended December 31, 2020, net income per limited partner unit (basic and diluted) was $0.19 per unit. Adjusted EBITDA for the three months ended December 31, 2020 was $2.59 billion. Results for the quarter continued to reflect improved efficiencies, with lower operating expenses in all of the Partnership’s core operating segments compared to the same period in the prior year. Distributable