Sunoco Logistics Partners LP is a master limited partnership (MLP) that owns and operates a diversified portfolio of logistics assets in the United States. The partnership’s assets include pipelines, terminals, storage facilities, and other related infrastructure that are used to transport and store crude oil, refined products, and natural gas.
Sunoco Logistics Partners LP is one of the largest MLPs in the United States. The partnership has a long history of providing reliable and efficient logistics services to its customers. The partnership’s assets are strategically located in key markets throughout the United States, which gives it a competitive advantage in the transportation and storage of energy products.
Sunoco Logistics Partners LP is a publicly traded partnership. The partnership’s units are traded on the New York Stock Exchange under the symbol “SXL”. The partnership has a market capitalization of approximately $10 billion.
1. Master limited partnership
A master limited partnership (MLP) is a type of publicly traded partnership that is structured to provide tax benefits to its investors. MLPs are typically formed to own and operate midstream energy assets, such as pipelines, storage facilities, and processing plants.
Sunoco Logistics Partners LP is a master limited partnership that owns and operates a diversified portfolio of logistics assets in the United States. The partnership’s assets include pipelines, terminals, storage facilities, and other related infrastructure that are used to transport and store crude oil, refined products, and natural gas.
The structure of Sunoco Logistics Partners LP as a master limited partnership provides several benefits. First, MLPs are not subject to the corporate income tax. This means that the partnership’s income is passed through to its investors, who are then responsible for paying taxes on their individual share of the income.
Second, MLPs are able to deduct certain expenses from their income, such as depreciation and depletion. This reduces the partnership’s taxable income and further increases the tax benefits to its investors.
Third, MLPs are able to distribute cash to their investors without being subject to the corporate income tax. This allows the partnership to provide its investors with a steady stream of income.
The structure of Sunoco Logistics Partners LP as a master limited partnership has been a key factor in its success. The partnership has been able to provide its investors with a high level of income and tax benefits.
2. Logistics assets
Logistics assets are the physical infrastructure that is used to transport and store goods. These assets include pipelines, terminals, storage facilities, and other related infrastructure. Logistics assets are essential for the efficient movement of goods from producers to consumers.
Sunoco Logistics Partners LP is a master limited partnership that owns and operates a diversified portfolio of logistics assets in the United States. The partnership’s assets include pipelines, terminals, storage facilities, and other related infrastructure that are used to transport and store crude oil, refined products, and natural gas.
The logistics assets of Sunoco Logistics Partners LP are essential to the partnership’s business. These assets allow the partnership to provide its customers with a safe and efficient way to transport and store their products. The partnership’s logistics assets are also a key source of revenue for the partnership.
The logistics assets of Sunoco Logistics Partners LP are a key component of the partnership’s success. These assets have allowed the partnership to become one of the largest MLPs in the United States. The partnership’s logistics assets are also a key factor in the partnership’s ability to provide its investors with a high level of income and tax benefits.
3. Pipelines
Pipelines are a key part of Sunoco Logistics Partners LP’s business. The partnership owns and operates a network of pipelines that transport crude oil, refined products, and natural gas throughout the United States. These pipelines are essential for the efficient and safe transportation of energy products.
- Transportation of crude oil
Sunoco Logistics Partners LP’s pipelines transport crude oil from production areas to refineries. The partnership’s pipelines are also used to transport crude oil from storage facilities to markets.
- Transportation of refined products
Sunoco Logistics Partners LP’s pipelines transport refined products from refineries to distribution terminals. The partnership’s pipelines are also used to transport refined products from storage facilities to markets.
- Transportation of natural gas
Sunoco Logistics Partners LP’s pipelines transport natural gas from production areas to markets. The partnership’s pipelines are also used to transport natural gas from storage facilities to markets.
- Storage of energy products
Sunoco Logistics Partners LP’s pipelines are also used to store energy products. The partnership’s pipelines can be used to store crude oil, refined products, and natural gas.
Sunoco Logistics Partners LP’s pipelines are a key part of the partnership’s business. The partnership’s pipelines are essential for the efficient and safe transportation of energy products. The partnership’s pipelines also provide the partnership with a source of revenue.
4. Terminals
Terminals are a critical component of Sunoco Logistics Partners LP’s business. The partnership owns and operates a network of terminals that are used to store and distribute crude oil, refined products, and natural gas. These terminals are located in key markets throughout the United States, which gives the partnership a competitive advantage in the transportation and storage of energy products.
Sunoco Logistics Partners LP’s terminals are used for a variety of purposes, including:
- Storage of energy products
Sunoco Logistics Partners LP’s terminals are used to store crude oil, refined products, and natural gas. The partnership’s terminals provide its customers with a safe and efficient way to store their products.
- Distribution of energy products
Sunoco Logistics Partners LP’s terminals are used to distribute crude oil, refined products, and natural gas to its customers. The partnership’s terminals are located in key markets throughout the United States, which gives the partnership a competitive advantage in the distribution of energy products.
- Blending of energy products
Sunoco Logistics Partners LP’s terminals are used to blend different grades of crude oil and refined products. The partnership’s terminals can blend products to meet the specific needs of its customers.
Sunoco Logistics Partners LP’s terminals are a key part of the partnership’s business. The partnership’s terminals provide its customers with a safe and efficient way to store, distribute, and blend energy products. The partnership’s terminals are also a key source of revenue for the partnership.
One example of the importance of Sunoco Logistics Partners LP’s terminals is the partnership’s Marcus Hook Terminal. The Marcus Hook Terminal is a major storage and distribution terminal for crude oil and refined products. The terminal is located in Marcus Hook, Pennsylvania, which is a key market for the transportation and storage of energy products.
The Marcus Hook Terminal has a storage capacity of over 10 million barrels of crude oil and refined products. The terminal is also connected to several major pipelines, which allows the partnership to transport products to and from the terminal efficiently.
The Marcus Hook Terminal is a key part of Sunoco Logistics Partners LP’s business. The terminal provides the partnership’s customers with a safe and efficient way to store and distribute their products. The terminal is also a key source of revenue for the partnership.
5. Storage facilities
Storage facilities play a vital role in the operations of Sunoco Logistics Partners LP. The partnership owns and operates a network of storage facilities that are used to store crude oil, refined products, and natural gas. These facilities are located in key markets throughout the United States, which gives the partnership a competitive advantage in the transportation and storage of energy products.
Sunoco Logistics Partners LP’s storage facilities provide its customers with a safe and efficient way to store their products. The partnership’s storage facilities are also a key source of revenue for the partnership.
One example of the importance of Sunoco Logistics Partners LP’s storage facilities is the partnership’s Nederland Terminal. The Nederland Terminal is a major storage and distribution terminal for crude oil and refined products. The terminal is located in Nederland, Texas, which is a key market for the transportation and storage of energy products.
The Nederland Terminal has a storage capacity of over 20 million barrels of crude oil and refined products. The terminal is also connected to several major pipelines, which allows the partnership to transport products to and from the terminal efficiently.
The Nederland Terminal is a key part of Sunoco Logistics Partners LP’s business. The terminal provides the partnership’s customers with a safe and efficient way to store and distribute their products. The terminal is also a key source of revenue for the partnership.
In conclusion, storage facilities are a vital part of Sunoco Logistics Partners LP’s business. The partnership’s storage facilities provide its customers with a safe and efficient way to store their products. The partnership’s storage facilities are also a key source of revenue for the partnership.
6. Crude oil
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It is the primary source of energy for the world, and is used to produce a wide range of products, including gasoline, diesel fuel, heating oil, and plastics.
Sunoco Logistics Partners LP is a master limited partnership that owns and operates a diversified portfolio of logistics assets in the United States. The partnership’s assets include pipelines, terminals, storage facilities, and other related infrastructure that are used to transport and store crude oil, refined products, and natural gas.
Crude oil is a key component of Sunoco Logistics Partners LP’s business. The partnership’s pipelines transport crude oil from production areas to refineries. The partnership’s terminals store crude oil and refined products. The partnership’s storage facilities provide its customers with a safe and efficient way to store their products.
Sunoco Logistics Partners LP is a key player in the crude oil market. The partnership’s assets are essential for the transportation and storage of crude oil. The partnership’s services provide its customers with a safe and efficient way to store and transport their products.
The connection between crude oil and Sunoco Logistics Partners LP is vital to the success of both the partnership and the crude oil industry. The partnership’s assets are essential for the transportation and storage of crude oil. The partnership’s services provide its customers with a safe and efficient way to store and transport their products.
7. Refined products
Refined products are petroleum products that have been processed in a refinery to improve their quality and performance. These products include gasoline, diesel fuel, heating oil, jet fuel, and other products.
- Transportation
Sunoco Logistics Partners LP transports refined products from refineries to distribution terminals and markets. The partnership’s pipelines are also used to transport refined products from storage facilities to markets.
- Storage
Sunoco Logistics Partners LP stores refined products at its terminals and storage facilities. The partnership’s storage facilities provide its customers with a safe and efficient way to store their products.
- Distribution
Sunoco Logistics Partners LP distributes refined products to its customers through its network of terminals and pipelines. The partnership’s distribution network provides its customers with a reliable and efficient way to get their products to market.
- Marketing
Sunoco Logistics Partners LP markets its refined products to a variety of customers, including refiners, distributors, and end users. The partnership’s marketing efforts help to ensure that its products are sold at a fair price and that its customers are satisfied with the quality of its products.
Refined products are a key part of Sunoco Logistics Partners LP’s business. The partnership’s transportation, storage, distribution, and marketing services are essential for the efficient and safe movement of refined products from refineries to consumers.
8. Natural gas
Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but also containing varying amounts of other higher alkanes, and sometimes a significant amount of hydrogen sulfide. It is formed when layers of decomposing plant and animal matter are exposed to intense heat and pressure over millions of years. Natural gas is a versatile fuel source, and is used in a variety of applications including heating, cooking, and power generation.
- Transportation
Sunoco Logistics Partners LP transports natural gas through its network of pipelines. The partnership’s pipelines are used to transport natural gas from production areas to markets. The partnership’s pipelines are also used to transport natural gas from storage facilities to markets.
- Storage
Sunoco Logistics Partners LP stores natural gas at its terminals and storage facilities. The partnership’s storage facilities provide its customers with a safe and efficient way to store their products.
- Distribution
Sunoco Logistics Partners LP distributes natural gas to its customers through its network of terminals and pipelines. The partnership’s distribution network provides its customers with a reliable and efficient way to get their products to market.
- Marketing
Sunoco Logistics Partners LP markets its natural gas to a variety of customers, including utilities, power generators, and industrial users. The partnership’s marketing efforts help to ensure that its products are sold at a fair price and that its customers are satisfied with the quality of its products.
Natural gas is a key part of Sunoco Logistics Partners LP’s business. The partnership’s transportation, storage, distribution, and marketing services are essential for the efficient and safe movement of natural gas from production areas to consumers.
FAQs about Sunoco Logistics Partners LP
Here are some frequently asked questions about Sunoco Logistics Partners LP, a master limited partnership that owns and operates a diversified portfolio of logistics assets in the United States:
Question 1: What is Sunoco Logistics Partners LP?
Answer: Sunoco Logistics Partners LP is a master limited partnership that owns and operates a diversified portfolio of logistics assets in the United States. The partnership’s assets include pipelines, terminals, storage facilities, and other related infrastructure that are used to transport and store crude oil, refined products, and natural gas.
Question 2: What are the benefits of investing in Sunoco Logistics Partners LP?
Answer: There are several benefits to investing in Sunoco Logistics Partners LP, including:
- High yield: Sunoco Logistics Partners LP pays a high distribution yield, which can provide investors with a steady stream of income.
- Low risk: Sunoco Logistics Partners LP’s assets are essential to the transportation and storage of energy products, which provides the partnership with a stable source of revenue.
- Growth potential: Sunoco Logistics Partners LP has a history of growing its distribution and expanding its operations, which provides investors with the potential for capital appreciation.
Question 3: What are the risks of investing in Sunoco Logistics Partners LP?
Answer: There are some risks associated with investing in Sunoco Logistics Partners LP, including:
- Commodity price risk: Sunoco Logistics Partners LP’s revenue is tied to the prices of crude oil, refined products, and natural gas. If these prices decline, the partnership’s revenue and cash flow could be negatively impacted.
- Interest rate risk: Sunoco Logistics Partners LP has a significant amount of debt. If interest rates rise, the partnership’s interest expense could increase, which could reduce its distributable cash flow.
- Regulatory risk: Sunoco Logistics Partners LP’s operations are subject to a variety of federal and state regulations. Changes to these regulations could negatively impact the partnership’s business.
Question 4: How do I buy shares of Sunoco Logistics Partners LP?
Answer: Shares of Sunoco Logistics Partners LP can be purchased through a broker or directly from the partnership. The partnership’s shares are traded on the New York Stock Exchange under the symbol “SXL”.
Question 5: What is the future outlook for Sunoco Logistics Partners LP?
Answer: The future outlook for Sunoco Logistics Partners LP is positive. The partnership is well-positioned to benefit from the growing demand for energy products in the United States. The partnership’s diversified portfolio of assets and its strong financial position should allow it to continue to grow its distribution and provide investors with a high level of income.
Question 6: Where can I learn more about Sunoco Logistics Partners LP?
Answer: You can learn more about Sunoco Logistics Partners LP by visiting the partnership’s website at www.sunocologistics.com.
Sunoco Logistics Partners LP is a well-established master limited partnership with a long history of providing investors with a high level of income and tax benefits. The partnership’s diversified portfolio of assets and its strong financial position make it a good investment for those seeking a high yield and low risk.
See also: Sunoco Logistics Partners LP company information
Tips from Sunoco Logistics Partners LP
Sunoco Logistics Partners LP is a master limited partnership that owns and operates a diversified portfolio of logistics assets in the United States. The partnership’s assets include pipelines, terminals, storage facilities, and other related infrastructure that are used to transport and store crude oil, refined products, and natural gas. Sunoco Logistics Partners LP has a long history of providing safe and reliable transportation and storage services to its customers.
Here are some tips from Sunoco Logistics Partners LP on how to improve your logistics operations:
Tip 1: Use a diversified portfolio of logistics assets.
By using a diversified portfolio of logistics assets, you can reduce your risk and improve your efficiency. Sunoco Logistics Partners LP’s diversified portfolio of assets includes pipelines, terminals, storage facilities, and other related infrastructure. This allows the partnership to provide its customers with a variety of transportation and storage options.
Tip 2: Use a master limited partnership (MLP).
MLPs are a type of investment that can provide investors with a high level of income and tax benefits. Sunoco Logistics Partners LP is a MLP that has a long history of providing its investors with a high level of income and tax benefits.
Tip 3: Use a long-term perspective.
When making logistics decisions, it is important to take a long-term perspective. Sunoco Logistics Partners LP has a long-term perspective and is focused on providing its customers with safe and reliable transportation and storage services for the long term.
Tip 4: Use a strong financial position.
A strong financial position is important for any business. Sunoco Logistics Partners LP has a strong financial position and is able to invest in its assets and operations. This allows the partnership to provide its customers with a high level of service.
Tip 5: Use a commitment to safety.
Safety is a top priority for Sunoco Logistics Partners LP. The partnership has a strong commitment to safety and is focused on providing its customers with safe and reliable transportation and storage services.
By following these tips, you can improve your logistics operations and reduce your risk.
Learn more about Sunoco Logistics Partners LP
Conclusion
Sunoco Logistics Partners LP is a master limited partnership that owns and operates a diversified portfolio of logistics assets in the United States. The partnership’s assets include pipelines, terminals, storage facilities, and other related infrastructure that are used to transport and store crude oil, refined products, and natural gas. Sunoco Logistics Partners LP is one of the largest MLPs in the United States and has a long history of providing reliable and efficient logistics services to its customers.
Sunoco Logistics Partners LP’s diversified portfolio of assets and its strong financial position make it a well-positioned company to benefit from the growing demand for energy products in the United States. The partnership’s commitment to safety and its long-term perspective make it a trusted partner for its customers.
