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Last $33.83 USD
Change Today -0.26 / -0.76%
Volume 1.1M
SXL On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

sunoco logistics partners lp (SXL) Snapshot

Open
$33.90
Previous Close
$34.09
Day High
$34.39
Day Low
$33.29
52 Week High
11/21/14 - $52.47
52 Week Low
08/24/15 - $29.17
Market Cap
8.6B
Average Volume 10 Days
1.2M
EPS TTM
$1.09
Shares Outstanding
253.1M
EX-Date
08/6/15
P/E TM
31.0x
Dividend
$1.75
Dividend Yield
4.84%
Current Stock Chart for SUNOCO LOGISTICS PARTNERS LP (SXL)

sunoco logistics partners lp (SXL) Related Businessweek News

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sunoco logistics partners lp (SXL) Details

Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). It operates through four segments: Crude Oil Pipelines, Crude Oil Acquisition and Marketing, Terminal Facilities, and Products Pipelines. The Crude Oil Pipelines segment transports crude oil primarily in Oklahoma and Texas. It contains approximately 5,300 miles of crude oil trunk pipelines, as well as approximately 500 miles of crude oil gathering lines. The Crude Oil Acquisition and Marketing segment gathers, purchases, markets, and sells crude oil principally in the mid-continent United States. It utilizes the company’s proprietary fleet of approximately 335 crude oil transport trucks, and approximately 135 crude oil truck unloading facilities, as well as third-party assets. The Terminal Facilities segment operates crude oil, refined products, and NGL terminals, as well as markets refined products and NGLs. The segment operates with an aggregate storage capacity of approximately 48 million barrels, including the 25 million barrel Nederland, Texas crude oil, and NGL terminal; the 6 million barrel Eagle Point, New Jersey refined products and crude oil terminal; the 3 million barrel Marcus Hook, Pennsylvania refined products and NGL facility; 39 active refined products marketing terminals located in the northeast, midwest, and southwest United States; and refinery terminals located in the northeast United States. The Products Pipelines segment transports refined products and NGLs in the northeast, midwest, and southwest United States. Its products pipeline consists of approximately 2,400 miles of refined products and NGL pipelines, and joint venture interests in 4 products pipelines in the United States. Sunoco Partners LLC serves as the general partner of the company. The company was founded in 2001 and is based in Philadelphia, Pennsylvania.

Founded in 2001

sunoco logistics partners lp (SXL) Top Compensated Officers

Chief Executive Officer of Sunoco Partners LL...
Total Annual Compensation: $600.0K
Senior Vice President of Operations - Sunoco ...
Total Annual Compensation: $269.8K
Senior Vice President of Lease Acquisitions -...
Total Annual Compensation: $317.4K
Senior Vice President of Sunoco Partners LLC,...
Total Annual Compensation: $313.9K
Compensation as of Fiscal Year 2014.

sunoco logistics partners lp (SXL) Key Developments

Sunoco Logistics Partners Seeks Acquisitions

Sunoco Logistics Partners L.P. (NYSE:SXL) has filed a Shelf Registration in the amount of $1 billion. Proceeds of the Shelf Registration will be used for funding working capital, capital expenditures or acquisitions (which may consist of acquisitions of discrete assets or businesses).

Sunoco Logistics Partners L.P. Reports Unaudited Earnings Results for Second Quarter and Six Months Ended June 30, 2015; Provides Capex Outlook for the Year 2015

Sunoco Logistics Partners L.P. reported unaudited earnings results for second quarter and six months ended June 30, 2015. For the quarter, the company’s sales and other operating revenue was $3,202 million against $4,821 million a year ago. Operating income was $307 million against $180 million a year ago. Income before provision for income taxes was $282 million against $166 million a year ago. Net income attributable to partners was $276 million against $156 million a year ago. Limited Partners' interest in net income was $205 million against $112 million a year ago. Diluted net income per limited partner unit was $0.83 against $0.53 a year ago. Adjusted EBITDA for the three months ended June 30, 2015 was $326 million, a $46 million increase compared to the second quarter 2014. For the six months, the company’s sales and other operating revenue was $5,774 million against $9,298 million a year ago. Operating income was $373 million against $307 million a year ago. Income before provision for income taxes was $325 million against $281 million a year ago. Net income attributable to partners was $312 million against $263 million a year ago. Limited Partners' interest in net income was $181 million against $181 million a year ago. Diluted net income per limited partner unit was $0.75 against $0.86 a year ago. Capital expenditures were $1,071 million against $1,261 million a year ago. Adjusted EBITDA was $547 million against $488 million a year ago. The company expects total expansion capital spending, excluding acquisitions and investment in joint venture interests, to be approximately $2.5 billion in 2015. Maintenance capital spending is expected to be approximately $70 million in 2015.

Sunoco Logistics to Expand Mariner East 2 NGL Pipeline

Sunoco Logistics plans to add a second pipeline to its Mariner East 2 project. The so-called Mariner East 2 Expansion will add another 250,000 bbl/day of capacity to ship natural gas liquids (NGLs). Sunoco plans to conduct an open season for the expansion. The company intends to build both Mariner East 2 pipelines at the same time. Earlier, Sunoco said it intended to complete the first Mariner East 2 pipeline by the end of 2016. The two pipelines that will make up Mariner East 2 will join the Mariner East line. Together, these three pipelines will ship NGLs produced from western Pennsylvania, West Virginia and eastern Ohio to Sunoco's complex in Marcus Hook, Pennsylvania. From Marcus Hook, ethane, propane and butane will be shipped domestically and overseas. Marcus Hook will ship the ethane and other NGLs internationally through its terminal. INEOS already has an arrangement with Sunoco for capacity on the Mariner East pipeline and terminal system. The company plans to crack ethane imported from the US at its cracker in Grangemouth, UK.

 

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Industry Analysis

SXL

Industry Average

Valuation SXL Industry Range
Price/Earnings 71.1x
Price/Sales 0.6x
Price/Book 1.3x
Price/Cash Flow 19.7x
TEV/Sales 0.2x
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