Sunoco Logistics Partners L.P. (SXL) Posts Q3 EPS of $2.34, Declares 3-for-1 Split on Stock

October 25, 2011 4:48 PM EDT
Sunoco Logistics Partners L.P. (NYSE: SXL) reported Q3 EPS of $2.34, which may not compare to the analyst estimate of $1.70. Revenue for the quarter came in at $2.85 billion versus the consensus estimate of $2.02 billion.

On October 25, 2011, the Partnership’s Board of Directors declared a three-for-one split of the Partnership’s common units and Class A units. The unit split will result in the issuance of two additional common and Class A units for every one unit owned as of the record date, which will be November 18, 2011.


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