Sunoco

Refiner of oil and retailer of gasoline.

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Headquarters:
1735 Market Street, Suite LL
Philadelphia, PA 19103
Employees: 10,200
CEO: Lynn Elsenhans
Stock Symbol: SUN

Website: http://www.sunocoinc.com

Career Site

Sunoco is a leading transportation fuel provider, with operations located primarily in the East Coast and Midwest regions of the United States.

The Company sells transportation fuels through more than 4,900 branded retail locations in 24 states. APlus convenience stores are operated by the Company or independent dealers in more than 600 retail locations.

The retail network in the Northeast is principally supplied by Sunoco-owned refineries with a combined crude oil processing capacity of 505,000 barrels per day. Sunoco is also the General Partner and has a 34-percent interest in Sunoco Logistics Partners L.P., a publicly traded master limited partnership which owns and operates 7,900 miles of refined product and crude oil pipelines and approximately 40 active product terminals.

Sunoco has an 81-percent ownership interest in SunCoke Energy, Inc., a publicly traded company which makes high-quality metallurgical-grade coke for major steel manufacturers.

Sunoco intends to complete its fundamental shift away from manufacturing through the sale or idling of its two remaining refineries and the spin-off of its cokemaking business to Sunoco shareholders by no later than the end of July 2012.

The company reported revenues of $37.4 billion in 2010 and net income of $234 million.

History

Sunoco got its start on March 27, 1886, when Joseph Newton Pew and Edward O. Emerson, partners in The Peoples Natural Gas Company in Pittsburgh, Pa., made a bold move to diversify their business. Looking to the promising new oil discoveries in Ohio and Pennsylvania, the partners paid $4,500 for two oil leases near Lima, Ohio. Within a few years the company had acquired pipelines, leases, storage tanks -- and was emerging as one of Ohio's leading suppliers of crude oil. On March 17, 1890, it became The Sun Oil Company of Ohio and was producing, transporting and storing oil as well as refining, shipping and marketing petroleum products.

Sun went public on the NYSE in 1925.

Benefits

Employees earn competitive salaries and get an annual bonus based on company success.

401K Savings Plan
- Tax deferred

- Employee may contribute up to 15% of base salary
- Company matches dollar-for dollar up to 5% of base salary
- Attractive investment options including self-directed brokerage account
Medical and Dental Plans
- Offered to all employees and eligible dependents
- Aetna, US Healthcare and HMO's, where offered
- Eligible for dental check-ups every six months
- 100% reimbursement for preventative dental services
- Coverage for other services, such as orthodontics
- Pretax dollars flexible medical spending account
Educational Assistance Plan
- 100% tuition reimbursement
for approved educational courses.
Vacation and Holidays
- Up to 6 weeks vacation, based on years of service
- Eight standard and two floating holidays
Other Employee Programs
- Family and Medical Leave
- SunJob ­ internal job posting system
- Company provided life insurance
- Employee Assistance Program ­ 24 / 7 counseling service

Updated November 19, 2011