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Home > Fortune 500 Companies > Sunoco Inc.
Sunoco Inc.
Sunoco Inc is publicly traded company having a good stock performance result. It is one of the largest independent refiner-marketers in the United States. Sunoco Inc is a fortune 500 stock listed company trading under SUN.
Sunoco was established in 1886 and is based in Philadelphia, Pennsylvania. Sunoco, Inc., through its subsidiaries, engages in the manufacturing and marketing of various petroleum products including fuels, lubricants, and some petrochemicals. It operates five domestic refineries with 890,000 barrels per day of crude oil processing capacity and it has over 4,500 miles of crude oil and refined product owned and operated pipelines and 34 product terminals.
Sunoco also engages in the manufacture of chemicals with interests in logistics and coke making. The company operates in five segments which are refining and Supply, Retail Marketing, Chemicals, Logistics, and Coke. The Refining and Supply segment manufactures petroleum products including gasoline middle distillates.
It also produces commodity petrochemicals including olefins and their derivatives, refinery grade propylene and aromatics and their derivatives which include benzene, cyclohexane, toluene, and xylene. This segment also manufactures petroleum and lubricant products.
It sells its products primarily to wholesale and industrial customers. The Retail Marketing segment engages in the retail sale of gasoline and middle distillates as well as the operation of convenience stores in 24 states, primarily on the East Coast and in the mid west region of the United States.
The Chemicals segment manufactures, distributes, and markets commodity and intermediate petrochemicals, such as cumene, phenol, acetone, bisphenol-A, and other phenol derivatives whereas the Logistics segment operates refined product crude oil pipelines and terminals, and conducts crude oil acquisition and marketing activities primarily in the northeast, mid west, and south central regions.
As of December 31, 2005, the company owned and operated 2,857 miles of crude oil pipelines and 1,647 miles of refined product pipelines. The Coke segment manufactures metallurgical coke for use in the steel industry. Sunoco Inc.'s Corporate Governance Quotient as of 1-Apr-06 is better than 98.4 percent of S&P 500 companies and 99.5 percent of Energy companies. Sunoco also manufactures two million tons annually of high-quality metallurgical-grade coke for use in the steel industry.
Due to highly experienced people who are dedicated to customers’ success the company Sunoco Inc. maintains and will continue to maintain their profitable growth.
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