This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sunoco Logistics Partners' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Sunoco Logistics Partners, L.P. (SXL)

Q2 2012 Earnings Call

August 2, 2012, 5:00 p.m. ET

Executives



Brian P. MacDonald – Chairman, President, CEO

Michael J. Hennigan – President, CEO Sunoco Logistics Partners

Michael J. Colavita –CFO

Peter J. Gvazdauskas – VP Finance

Claire McGrory – Manager of Investor Relations

Analysts



Brian Zarahn - Barclays

Brad Olsen – Tudor Pickering

Elvira Scotto – RBC Capital Markets

Presentation



Operator



Welcome to Sunoco Inc.’s and Sunoco Logistics Q2 2012 Joint Earnings Conference Call. (Operator Instructions)

I would now like to turn the call over to Mr. Brian MacDonald, President and CEO. You may begin.

Brian MacDonald



Thank you and good evening. Welcome to the quarterly conference call for Sunoco and Sunoco Logistics Partners, where we will discuss our second quarter results that were reported earlier today. With me are Mike Hennigan, CEO and President of Sunoco Logistics Partners, Mike Colavita, our Chief Financial Officer, Pete Gvazdauskas, Sunoco Logistics Partners’ VP of Finance and Claire McGrory, Manager of Investor Relations for Sunoco.

As part of today’s call, I will direct you to our website, www.Sunocoinc.com and www.Sunocologistics.com, where we have posted a number of presentation slides which may provide a useful reference as we progress through our remarks.

I would also refer you to the Safe Harbor statement referenced in slide two of the slide package, and as included in this afternoon’s earnings release.

Now I’ll begin by providing an update on the strategic actions of the company, and then we’ll move into the earnings and business updates for both Sunoco Logistics Partners and Sunoco.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.61 +0.66 0.03%
NASDAQ 4,463.93 +21.2320 0.48%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs