Topic: Sunoco Inc.

Sunoco's 4Q profit falls as demand falls

Refiner Sunoco's 4Q profit falls as demand falls, margins shrinkSunoco Inc. said its fourth-profit plummeted as it struggled with weak demand for energy products. The Philadelphia refiner said Thursday it recorded net income of $26 million, or 22 cents per share, in October through December. That compares with a ...
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Sunoco sets dividend of 15 cents per share

Refiner and gas station operator Sunoco declares quarterly dividend of 15 cents per sharePetroleum refiner and service station operator Sunoco Inc. says it board has declared a quarterly dividend of 15 cents per share payable March 10 to shareholders of record as of Feb. 17. The company also said Thursday ...
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Sunoco to sell chemicals unit to Braskem for $350M

Sunoco to sell polypropylene business to Brazil's Braskem for $350M in cashThe petroleum refiner Sunoco Inc. said Monday it will sell its chemical unit to Brazil's Braskem SA for about $350 million in cash. The move is part of Sunoco's efforts to shed noncore assets, improve returns ...
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Refinery Troubles

Refinery Troubles
A large sign is seen in the front Sunoco'S Eagle Point refinery Wednesday, Dec.9, 2009, in National Park, N.J. This month, as the U.S. refining industry struggles, Sunoco idled most parts of the Eagle Point plant. (AP Photo/Mel Evans) Copyright 2009  AP News
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