04:02 AMSunoco (SUN): Q1 EPS of $0.50 beats by $0.16. Revenue of $6.44B. "We continue to expect a challenging market for petroleum and chemical products due to ongoing economic weakness and additional global supply." Expects 2009 capex to be $200M lower than planned. Shares +0.5% AH. (PR) (-from Wed. evening)
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03:03 AMSunoco (SUN): Q4 EPS of $2.68 vs. consensus of $2.15. Revenue of $9.14B (-30.6%) vs. $12.46B. Record revenue from its non-refining business. Shares -2.1% AH. (PR) (-from Wed. evening)
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14:08 PM
Fitch is mildly bullish on refiners which manage to stay up-and-running while others close down, including Sunoco (SUN), Marathon Oil (MRO), Frontier Oil (FTO) and ConocoPhillips (COP).
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Wednesday, August 6, 2008
16:40 PMSunoco (SUN): Q2 EPS of $0.52 beats by $0.22. Revenue of $16.08B (+49.4%) vs. $12.47B. Shares +2.8%. [PR]
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