SunoCo Logistics Partners LP
(NYSE: SXL)
+0.22
+0.36%
| Exchange: | NYSE |
| Stock: | SunoCo Logistics Partners LP |
| Industry: | NA |
| Employees: | 1,700 |
| Sunoco Logistics Partners L.P. owns and operates a logistics business, consisting of a portfolio of complementary pipeline, terminalling, and acquisition and marketing assets which are used to facilitate the purchase and sale of crude oil and refined products. The Company operates in four segments: Refined Products Pipelines, Terminal Facilities, Crude Oil Pipelines, and Crude Oil Acquisition and Marketing. In May 2011, it acquired an 83.8% interest in Inland Corporation (Inland) from Sunoco and Shell Oil Company. In July 2011, it acquired the Eagle Point tank farm and related assets from Sunoco. In August 2011, it acquired a crude oil acquisition and marketing business from Texon L.P. consisting of a 75 thousand bpd crude oil purchasing business and gathering assets in 16 states, primarily in the mid-continent United States. In May 2013, Sunoco Logistics Partners LP acquired the Marcus Hook Facility, located in Philadelphia of Sunoco Inc. |
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