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


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


Brian Zarahn - Barclays

Brad Olsen – Tudor Pickering

Elvira Scotto – RBC Capital Markets



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, and, 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.

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