We invite you also to look into the About Us section on this website for more information on our Directors and Officers, and for information on our Competitive Strengths.
Sunoco Logistics’ History
Sunoco Logistics Partners L.P. (NYSE: SXL) is a publicly traded master limited partnership formed in 2002 to acquire, own and operate a diverse mix of crude oil and refined products pipelines, and terminalling and storage facilities, as well as crude oil acquisition and marketing assets. Our business is characterized by extensive industry and safety experience, strong financial fundamentals, as well as operational flexibility. Collectively, a strong asset base and the successful execution of our business strategies have consistently delivered substantial returns to unitholders.
On February 8, 2002, we completed our initial public offering of 5.75 million common units. The units are traded on the New York Stock Exchange under the symbol "SXL". Click on News Releases for ongoing updates about Sunoco Logistics or on Financial Information to access SEC filings, distribution history, tax information, analyst coverage and more.
What We Do & Where We Do Business
Sunoco Logistics is principally engaged in transport, terminalling and storage of crude oil and refined products. In addition to logistics services, we also own acquisition and marketing assets which are used to facilitate the purchase and sale of crude oil and refined products. We are organized into four business units: Crude Oil Pipeline System, Crude Oil Acquisition and Marketing, Terminal Facilities, and Refined Products Pipeline System.
Our Crude Oil Pipeline System transports crude oil principally in Oklahoma and Texas. The segment consists of approximately 4,900 miles of crude oil trunk pipelines and approximately 500 miles of crude oil gathering lines that supply the trunk pipelines. In addition, we own a 37 percent undivided interest in the approximately 100-mile Mesa Pipe Line system.
Our Crude Oil Acquisition and Marketing business gathers, purchases, markets and sells crude oil using approximately 200 crude oil transport trucks and approximately 120 crude oil truck unloading facilities.
Our Terminal Facilities consists of 42 active refined products terminals with an aggregate storage capacity of 8 million barrels, which provide storage, terminalling, blending and other ancillary services primarily to our Refined Products Pipelines. In addition, we have approximately 22 million shell barrels of crude oil capacity at the Nederland Terminal on the Gulf Coast of Texas, approximately 5 million shell barrels of capacity at the Eagle Point terminal on the banks of the Delaware River in New Jersey, a 2 million barrel refined product terminal near Philadelphia, Pennsylvania, and one inland and two marine crude terminals with a combined capacity of 3 million barrels and related pipelines in Philadelphia, Pennsylvania.
Our Refined Products Pipeline System serves customers located in major activity centers in the Northeast, Midwest and Gulf Coast through approximately 2,500 miles of refined product pipelines,in addition we own a two-thirds undivided interest in the approximately 100-mile refined product Harbor pipeline and joint venture interests in four refined products pipelines in selected areas of the United States. Our Natural Gas Liquids (NGLs) business segment, incorporated in our Refined Products Pipeline business unit includes our NGL projects Mariner East and Mariner West.
For greater detail, visit our Business Lines page.