Sunoco Logistics Partners LP (NYSE:SXL)

Sunoco Logistics Partners LP is a master limited partnership company which owns and operates logistics business. The company operates crude oil and refined products pipelines, and terminalling and storage facilities, as well as acquisition and marketing assets which are used to facilitate the purchase and sale of crude oil and refined products. It operates in four segments: Refined Products Pipelines, Terminal Facilities, Crude Oil Pipelines and, Crude Oil Acquisition & Marketing segments. The Refined Products Pipelines segment operates refined product pipelines and serves customers located in major activity centers in the Northeast, Midwest and Gulf Coast. The Terminal Facilities segment provides storage, terminalling, blending and other ancillary services. The Crude Oil Pipelines segment transports crude oil principally in Oklahoma, Texas and Gulf Coast of the United States. The Crude Oil Acquisition & Marketing segment gathers, purchases, markets and sells crude oil. The company was founded on October 15, 2001 and is headquartered Philadelphia, PA.