Amid a flurry of mergers and investment in refining, conservatively run Sunoco has gotten record results while sticking largely to its knitting. Since 2003 revenues have more than doubled, and net income has more than tripled. The refiner processes mostly light, sweet crude oil into gasoline, heating oil, kerosene, and other products. While the light sweet stuff is costlier to buy than heavy, sour crude, it’s less expensive to process. With CEO John Drosdick at the helm since 1996, Sunoco stands out among its peers for holding on to big stakes in gas stations, coke production, and other chemical-processing businesses. They’re considered to be something of a cushion from the volatility of the refining business.
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|Total Return||Past 12 Months|
|Past 36 Months
|Industry||Oil & Gas Refining & Marketing|