Susser Petroleum Partners (SUSP)

[fung_derf]

Looks like a decent opportunity to rebuy this one...

HOUSTON, Oct. 21, 2014 /PRNewswire/ -- Susser Petroleum Partners LP (NYSE:
SUSP) (the "Partnership") today announced that it has commenced, subject to
market conditions, a registered underwritten public offering of 8,000,000 common
units representing limited partner interests, pursuant to an effective shelf
registration statement on Form S-3 previously filed with the Securities and
Exchange Commission (the "SEC"). The Partnership expects to grant the
underwriters a 30-day option to purchase up to 1,200,000 additional common
units. The Partnership intends to use the net proceeds from the offering,
including any net proceeds from the underwriters' exercise of their option to
purchase additional common units, to repay indebtedness under its revolving
credit facility and for general partnership purposes.

Morgan Stanley, BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche
Bank Securities, Goldman, Sachs & Co., Jefferies, J.P. Morgan, RBC Capital
Markets, UBS Investment Bank and Wells Fargo Securities are acting as joint
book-running managers of the offering.

The offering may be made only by means of a prospectus supplement and
accompanying base prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, as amended. A copy of the prospectus supplement and
accompanying base prospectus meeting such requirements may be obtained from:

Morgan Stanley BofA Merrill Lynch Barclays

Attn: Prospectus Department 222 Broadway
c/o Broadridge Financial Solutions

180 Varick Street, 2nd Floor
New York, New York 10038
1155 Long Island Avenue

New York, NY 10014
Attention: Prospectus Department
Edgewood, NY 11717

Email: [e-mail].
Telephone: [phone]

Email: [e-mail]

Citigroup Credit Suisse Deutsche Bank Securities

c/o Broadridge Financial Solutions
Attn: Prospectus Department
Attn: Prospectus Group

1155 Long Island Avenue
One Madison Avenue
60 Wall Street

Edgewood, New York 11717
New York, NY 10010
New York, NY 10005-2836

Phone: [phone]
Email: [e-mail]
Email: [e-mail]

[e-mail]
Telephone: [phone]
Telephone: [phone]

Goldman, Sachs & Co. Jefferies J.P. Morgan

Attn: Prospectus Department
Attention: Equity Syndicate Prospectus Department
Attn: Broadridge Financial Solutions

200 West Street
520 Madison Avenue, 2nd Floor
1155 Long Island Avenue

New York, NY 10282
New York, NY, 10022
Edgewood, New York 11717

Telephone: [phone]
Telephone: [phone] (toll free)
Phone: [phone]

Email: [e-mail]
Email: [e-mail]

RBC Capital Markets UBS Investment Bank Wells Fargo Securities

ATTN: Equity Syndicate
Attn: Prospectus Dept.
Attn: Equity Syndicate Dept.

Three World Financial Center
299 Park Avenue
375 Park Avenue

200 Vesey St., 8th Floor
New York, New York 10171
New York, New York 10152

New York, NY 10281
Phone: [phone]
Phone: [phone]

Phone: [phone]
[e-mail]

Email: [e-mail]


You may also obtain these documents for free, when they are available, by
visiting the SEC's website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an
offer to buy the securities described herein, nor shall there be any sale of
these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.

About Susser Petroleum Partners LP

Susser Petroleum Partners LP is a growth-oriented Delaware limited partnership
engaged in the primarily fee-based wholesale distribution of motor fuels to
Susser Holdings Corporation and third parties. As a result of the recent
acquisition of Mid-Atlantic Convenience Stores, LLC, the Partnership, through
its subsidiaries, also engages in the retail sale of motor fuel and the
operation of retail convenience stores.

Cautionary Statement Relevant to Forward-Looking Information

This press release includes forward-looking statements regarding future events.
These forward-looking statements are based on the Partnership's current plans
and expectations and involve a numbers of risks and uncertainties that could
cause actual results and events to vary materially from the results and events
anticipated or implied by such forward-looking statements. For a further
discussion of these risks and uncertainties, please refer to the "Risk Factors"
section of the prospectus supplement and accompanying base prospectus. While the
Partnership may elect to update these forward-looking statements at some point
in the future, it specifically disclaims any obligation to do so, even if new
information becomes available in the future.

CONTACT:

Susser Petroleum Partners LP
Clare McGrory
Senior VP, Finance and Investor Relations
[phone], [e-mail]

Dennard-Lascar Associates, LLC
Anne Pearson
Senior VP, Investor Relations
210-408-6321, [e-mail]

To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/susser-petroleum-partners-lp-announces-public-offering-of-common-units-representing-limited-partner-interests-586075027.html

SOURCE Susser Petroleum Partners LP


Copyright © 2014 PR Newswire Association, LLC. All Rights Reserved.

[fung_derf]

Well to clarify the situation. ETP bought out the holding company SUSS for $80. This will make Susser Petroleum rise, but not to level I had hoped for. To think, when I bought SUSP, I could have bought the holding company for about the same price.

[fung_derf]

What else is there to say?

[fung_derf]

It's about to have a huge jump in price.

[fung_derf]

I created this board

[fung_derf]

DJ Energy Transfer Partners to Buy Susser Holdings for $1.8 Billion


7:47 AM Eastern Daylight Time Apr 28, 2014
By Michael Calia

Energy Transfer Partners LP on Monday said it reached a deal to buy Susser Holdings Corp. for about $1.8 billion as it looks to create a stand-alone retail business with ETP's Sunoco Inc. as the centerpiece.

Susser shareholders will have the option to receive $80.25 in cash or about 1.45 ETP common units, or a combination of both, for each share of Susser, Energy Transfer Partners said.

ETP, which owns retail gasoline purveyor Sunoco, said it would end up owning the general partner interest and incentive distribution rights in Susser Petroleum Partners LP, as well as 50.2% of the common units in the business.

The deal includes Susser Holdings' retail operations, which consists of 630 convenience-store locations. Sunoco has a network of more than 5,000 retail locations, mostly on the East Coast. The Susser deal will give Sunoco an "exceptional base" in Texas and neighboring states, ETP said.

After the deal closes, ETP said it intends to drop down the combined retail business to Susser Petroleum Partners, with the eventual target being the creation of a separate, stand-alone retail business. Sunoco Chief Executive Bob Owens will act in the same role for the combined business.

ETP hopes the deal will achieve more than $70 million in annual synergy benefits within six to 12 months of the deal's closing, which is expected in the third quarter.

Shares of Susser Holdings, Susser Petroleum Partners and ETP were inactive premarket.

[jellyfish24]

Overbought

[a_list_alias]

Why the drop?

[fung_derf]

Hopefully, we will share a long and prosperous life together.

[fung_derf]

Current price over $28 and seems to be rising daily. Dividend still over 6% yield.

[fung_derf]

Think of this company as the Pepsi of oil companies. They own the convenience stores that pump their gas. Much like Pepsi does in supplying Taco Bell, Pizza Hut, and KFC.

[fung_derf]

$SUSP

Susser Petroleum Partners LP is primarily engaged in fee-based wholesale distribution of motor fuels to Susser Holdings Corporation (SHC) and third parties. SHC operates over 540 retail convenience stores under its Stripes convenience store brand. In addition to distributing motor fuel, the Company also distributes other petroleum products, such as propane and lube oil, and it receive rental income from real estate that it lease or sublease. During the year ended December 31, 2011, the Company distributed 789.6 million gallons of motor fuel to Stripes convenience stores and 522.8 million gallons of motor fuel to other customers. It also distributes Chevron, CITGO, Conoco, Exxon, Mobil, Phillips 66, Shamrock, Shell, Texaco and Valero branded motor fuel, as well as unbranded motor fuel. In addition to distributing motor fuel, it also distributes other petroleum products, such as propane and lube oil