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Sunoco News

News on Sunoco (Ticker: SUN) continually updated from thousands of sources around the net.

3 hrs ago | Free Republic

Bumpy Ride Ahead: Gas Prices May Soon Hit $4 a Gallon

Gasoline prices could soon hit $4 a gallon, a threshold they haven't flirted with since last spring.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP

Sat Feb 11, 2012

Sys-Con Media

600 Activists March on Gov. Corbett's Philadelphia Office;...

Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts , FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud . We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP

Seeking Alpha

For some oil refiners, the most reliable way to make money lately...

For some oil refiners, the most reliable way to make money lately involves selling Slim Jims and soda .

Comment?

Related Topix: Construction, Tesoro, Energy, Oil & Gas

Fri Feb 10, 2012

Philly.com

Casey urges hearings on area refinery closings

Saying national security was at stake, Sen. Bob Casey called Friday for congressional hearings into the shutdowns of local oil refineries and their potential effect on energy prices and the economy.

Comment?

Related Topix: US Politics, US News, Republican, US House of Representatives, Representative Patrick Meehan, Energy, Oil & Gas

Canadian Business Magazine

Casey calls for hearing on loss of Pa. refineries

Sen. Bob Casey is calling for a legislative hearing to see how energy prices would be affected by the possible closure of three Philadelphia-area oil refineries.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP

NBC Philadelphia

2 Shot at Gas Station Where Owner was Murdered

Two people -- a man and a woman -- were shot while pumping gas at a Sunoco station in Chester, Delaware County, Pa.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP, Bucks County, PA

CBS Local

Officials Address Safety Concerns At Shuttered Oil Refineries

PHILADELPHIA - Delaware County Emergency Service officials met with representatives from Sunoco and Conoco Phillips oil refineries on Thursday to discuss public safety concerns following the closure of the two facilities.

Comment?

Related Topix: Philadelphia, PA, Delaware County, PA, Energy, Oil & Gas, Sunoco Logistics Partners LP

Thu Feb 09, 2012

York Dispatch

Refinery workers stage vigil outside gov's mansion

Several dozen workers from a trio of imperiled oil refineries in southeastern Pennsylvania staged a candlelight vigil outside the state's executive mansion asking Gov.

Comment?

Related Topix: US Governors, Tom Corbett, Delaware County, PA, Philadelphia, PA, Energy, Oil & Gas

Tue Feb 07, 2012

CSP

Guest Column: How Does Sunoco Spell 'M-E-R-G-E-R'?

For the past few years, my firm, Petroleum Equity Group Ltd., has wondered about Sunoco's future vision and how it intended to go to market following Major Oil's exit from a direct-served strategy.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP

Mon Feb 06, 2012

Benzinga

's Top ETF Decliners, February 6th

ProShares UltraShort DJ-UBS Natural Gas dropped 4.83% on Monday as natural gas futures traded higher.

Comment?

Related Topix: Weather, Energy, Oil & Gas, Cooper Cameron Corporation, Semiconductors, Electronics, Broadcom, Advanced Micro Devices, Startups

Examiner.com

Earnings update for February 2012 Part 1

This two part report from Traverse City, Michigan is unique in that much of the information it contains is not available from any other source that I know of.

Comment?

Related Topix: Traverse City, MI, Energy, Oil & Gas

Sun Feb 05, 2012

BusinessWeek

Elsenhans Leaves Sunoco Shedding Refineries for Pipelines

Sunoco Inc. Chief Executive Officer Lynn Elsenhans is stepping down after spending almost four years selling or shuttering two-thirds of the 121-year-old refiner's assets to focus its business on oil pipelines and fuel retailing.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP, 9

Fri Feb 03, 2012

Global Logistics Media

Sunoco Logistics Partners L.P. - Changes in Senior Management & Board of Directors

Sunoco Logistics Partners L.P. today announced that Michael J. Hennigan will become president and chief executive officer, effective March 1, 2012.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP, Management, Computers, Dell, Marketing

AmericanBankingNews.com

Goldman Sachs

Sunoco Incorporated 's stock had its "neutral" rating reaffirmed by investment analysts at Goldman Sachs in a note issued to investors on Friday.

Comment?

Related Topix: Energy, Oil & Gas, Goldman Sachs, Financial Services, Investment Services, Marketing

Business Wire

Fitch: No Ratings Impact from Sunoco's Strategic Initiative Plan

Co-timed with its fourth quarter results, the company laid out a plan for strategic use of its cash.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP, Personal Finance, Retirement, Pension, Marcus Hook, PA, Philadelphia, PA

Thu Feb 02, 2012

Wall St. Cheat Sheet

Energy Business Review: Sunoco's Strategy, Pioneer Natural Resources Reserves

Tidewater Inc. reported Q3 revenue $272.1M vs. consensus $266.02M. Included in the current fiscal quarter's net earnings is an $8.4M, or 16c per common share, reversal of income tax liabilities originally established for uncertain tax positions as a result of the expiration of various statutes of limitations.

Comment?

Related Topix: Energy, Oil & Gas, Transportation, Pioneer Natural Resources, Tidewater

Seeking Alpha

Sunoco's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Lynn L. Elsenhans - Chairman, Chief Executive Officer, President, Chairman of Executive Committee, Chairman of the Board of Sunoco Partners LLC and Chief Executive Officer of Sunoco Partners LLC Welcome to the Sunoco Incorporated's Q4 2011 Earnings Conference Call.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP

Bloomberg

Acme Packet, Intermec, Sunoco, Trimble Navigation: U.S. Equity Preview

Shares of the following companies may have unusual moves in U.S. trading tomorrow.

Comment?

Related Topix: Energy, Oil & Gas, Startups, Infonet Services, Telecom, Trimble Navigation, Acme Packet, IT Services, Sunoco Logistics Partners LP, Marcus Hook, PA

Business Journal

Sunoco unwind picks up speed with exit of CEO, grim 4Q results

The company said it has received some degree of interest in its Philadelphia refinery and will continue to try to sell that as an operating refinery, but reiterated that if it can't sell the refinery, it will shut it down by July.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP, Marcus Hook, PA

The Miami Herald

Sunoco says it will replace CEO, shift business

Oil refiner Sunoco Inc. says CEO Lynn Elsenhans is stepping down on March 1 and will be replaced by chief financial officer Brian MacDonald as part of a shift in its business away from refining.

Comment?

Related Topix: Energy, Oil & Gas, Sunoco Logistics Partners LP

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