Seeking Alpha

Sunoco Logistics Partners, L.P. (SXL)

  • Apr. 30, 2012, 3:12 PM
    Sunoco (SUN +19.6%) continues to lead all S&P gainers after its acquisition by Energy Transfer Partners (ETP +2.9%). ETP is most enamored with SUN's stakes in Sunoco Logistics (SXL -1.3%) and its network of refined product pipelines, terminals and trucks; ETP is paying plenty for the general partner interest in SXL, but it's a bargain vs. KMI's recent deal for EP.
    | Apr. 30, 2012, 3:12 PM | Comment!
Company Description
Sunoco Logistics Partners LP is engaged in the transport, terminalling & storage of refined products & crude oil & in the purchase and sale of crude oil. It also acquires assets used to facilitate the purchase & sale of crude oil, refined products & NGLs.