Sunoco Logistics Partners LP (SXL) said that it is evaluating the impacts of Sunoco Inc.'s decision to idle its Eagle Point Refinery and to consolidate production at its Marcus Hook and Philadelphia refineries.
The Eagle Point docks and terminal assets owned by Sunoco Logistics provide logistics support for crude oil, intermediates and refined products for the Eagle Point Refinery.
Sunoco has announced that they expect to continue to distribute refined products through the Eagle Point terminal during the period the refinery is idled.
Sunoco Logistics expects to work with Sunoco Inc. to address any revenue impacts from idling the Eagle Point Refinery.
The terminal and dock assets have an approximate net book value of $34 million and have generated about $13 million in revenue during the nine months ended September 30.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.