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 41 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.
SXL's general partner is a consolidated subsidiary of Energy Transfer Partners, L.P. (NYSE: ETP). Energy Transfer Partners, L.P. is a master limited partnership which owns and operates one of the largest and most diversified portfolios of energy assets in the United States. ETP currently owns and operates approximately 43,000 miles of natural gas, natural gas liquids, refined products, and crude oil pipelines. ETP owns 100% of ETP Holdco Corporation, which owns Southern Union Company and Sunoco, Inc. and a 70% interest in Lone Star NGL, LLC, a joint venture that owns and operates natural gas liquids storage, fractionation and transportation assets. ETP owns the general partner, 100% of the incentive distribution rights, and approximately 33.5 million common units in Sunoco Logistics. ETP's general partner is owned by Energy Transfer Equity, L.P. (NYSE: ETE). Energy Transfer Equity, L.P. is a master limited partnership which owns the general partner and 100% of the incentive distribution rights (IDRs) of Energy Transfer Partners, L.P. and approximately 99.7 million ETP common units; and owns the general partner and 100% of the IDRs of Regency Energy Partners LP (NYSE: RGP) and approximately 26.3 million RGP common units. The Energy Transfer family of companies owns more than 56,000 miles of natural gas, natural gas liquids, refined products, and crude pipelines. For more information, visit the Energy Transfer web site at www.energytransfer.com