Expects same-store merchandise sales growth of 5.8%
Sells eight of them to new subsidiary SPP
Moves from NASDAQ, retains stock symbol SUSS
MLPs. Divestitures. selloffs. Why is this all happening now? And what does it portend for our industry?
Featured Retailers: 7-Eleven Inc., BP Products North America (ampm), ConocoPhillips Inc., Exxon Mobil Corp., EZ Energy USA Inc., Handee Marts Inc., Lehigh Gas, Murphy Oil Corp., Open Pantry Food Stores of Wisconsin, Prima Marketing LLC, Shell Oil Products U.S., Southwest Convenience Stores, Sunoco Inc., Susser Holdings Corp., TETCO Inc., Valero Energy Corp.
Will be available initially at two Midland, Texas, area c-stores
First public pure-play wholesale gasoline distributor to be placed inside MLP structure
Commences IPO to raise more than $105 million for debt, working capital, acquisitions
CEO talks master limited partnerships, Stripes expansion, CNG with CNBC's Cramer
Susser Petroleum Partners LP will report results for six days ended September 30
Net proceeds total $209.8 million before expenses; Susser Holdings retains 50.1% of partnership
Common units to begin trading on NYSE as SUSP
Common units being offered to public represent 43.4% limited partner interest
Aloha, BP, Cenex Zip Trip, Iowa 80, Kwik Shop, Par Mar, Pester, Phillips 66, Quick Chek, Roadrunner, Stripes
Company continues to attribute improvement to economic growth in Texas
Acquisition opens door to north Texas markets