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Susser Holdings Celebrates its Recent IPO of Susser Petroleum Partners LP
On Friday, December 21, executives and guests of Houston-based Susser Holdings will visit the New York Stock Exchange to celebrate the company's transfer from Nasdaq to the NYSE and the recent September initial public offering of Susser Petroleum Partners LP (NYSE: SUSP).
To mark this occasion, Sam L. Susser, President and Chief Executive Officer of Susser Holdings Corporation, will ring the NYSE Opening Bell.
About Susser Holdings Corporation (NYSE: SUSS)
Susser Holdings Corporation is Fortune 500 company and last year ranked No. 5 among the 500 in total shareholder return. A third-generation family led business based in Corpus Christi, Texas, Susser Holdings that operates over 550 convenience stores in Texas, New Mexico and Oklahoma under the Stripes(R) banner. Restaurant service is available in more than 340 of its stores, primarily under the proprietary Laredo Taco Company(R) brand.
Susser Holdings also is majority owner and owns the general partner of Susser Petroleum Partners LP, which distributes over 1.4 billion gallons of motor fuel annually to Stripes(R) stores, independently operated consignment locations, convenience stores and retail fuel outlets operated by independent operators and other commercial customers in Texas, New Mexico, Oklahoma and Louisiana.
Susser Holdings has reported 23 consecutive years of same store sales growth and has a market cap of approximately $725 million.
About Susser Petroleum Partners LP (NYSE: SUSP)
Houston-based Susser Petroleum Partners LP is a publicly traded partnership formed by Susser Holdings Corporation to engage in the primarily fee-based wholesale distribution of motor fuels to Susser Holdings and third parties. Susser Petroleum Partners distributes over 1.4 billion gallons of motor fuel annually from major oil companies and independent refiners to Susser Holdings' Stripes® convenience stores, independently operated consignment locations, convenience stores and retail fuel outlets operated by independent operators and other commercial customers in Texas, New Mexico, Oklahoma and Louisiana. (Source: Susser Petroleum Partners LP)