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 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 four business units: Refined Products Pipeline System, Terminal Facilities, Crude Oil Pipeline System, and Crude Oil Acquisition and Marketing.
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. We also have a number of minority holdings in joint venture refined products pipeline systems throughout these regions and in the Pacific Northwest.
Our Terminal Facilities consists of both crude and refined products assets. We own and operate 42 active refined products terminals with an aggregate capacity of approximately 10.0 million barrels that primarily serves our Refined Products Pipeline System. In addition, we have approximately 22 million shell barrels of capacity at the Nederland Terminal on the Gulf Coast of Texas and approximately 5 million shell barrels of capacity at the Eagle Point terminal on the banks of the Delaware River in New Jersey.
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 5,400 miles of crude oil pipelines in these regions.
Our Crude Oil Acquisition and Marketing business operates in seventeen states and the Gulf of Mexico, with the majority of purchases being made in Oklahoma, Kansas, Texas, New Mexico, Michigan, North Dakota, and Louisiana.
For greater detail, visit our Business Lines page.