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 terminaling 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 at a price of $20.25 per unit. 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 transports, terminals and stores crude oil and refined petroleum products for customers in major activity centers in the Northeast, Midwest and Gulf Coast regions of the United States. We also buy crude oil from U.S. domestic producers and sell it to refiners.
We are organized into three business units: Refined Products Pipeline System, Crude Oil Pipeline System, and Terminal Facilities.
Our Refined Products Pipeline System serves customers located in major activity centers in the Northeast, Midwest and Gulf Coast through approximately 2,200 miles of refined product pipelines. We also have a number of minority holdings in joint venture refined products pipeline systems throughout these regions and in the Pacific Northwest.
Our Crude Oil Pipeline System primarily serves customers in Texas, Oklahoma and the Gulf Coast of the United States. In total, we own and operate approximately 3,350 miles of crude oil trunk pipelines and approximately 500 miles of crude oil gathering lines in these regions. Our crude oil acquisition and marketing business operates in Texas, Oklahoma, Louisiana, New Mexico, Michigan and Kentucky.
Our Terminal Facilities consists of both crude and refined products assets. We own and operate 42 inland refined products terminals with an aggregate capacity of approximately 10.1 million barrels that primarily serves our Refined Products Pipeline System. In addition, we have more than 23 million barrels of crude oil storage capacity, the majority of which is located at our largest facility, the Nederland Terminal in East Texas.
For greater detail, visit our Business Lines page.