The company has reported revenues of $6.44 billion for the first quarter of 2009, compared to $12.81 billion for the same period of 2008.

Sunoco has reported net income attributable to Sunoco shareholders of $12 million, or $0.10 per diluted share, for the first quarter of 2009, compared to a net loss attributable to shareholders of $59 million, or $0.50 per diluted share, for the same quarter of 2008.

Lynn Elsenhans, chairman and CEO of Sunoco, said: "In a period of significant demand weakness, we were able to earn $23 million in refining and supply by effectively optimizing operations in a very difficult market. In addition, our non-refining businesses earned $57 million in the first quarter.

"While lower demand and rising feedstock costs limited the contribution from retail marketing and chemicals, logistics earnings of $30 million reflected another record quarterly result from Sunoco Logistics Partners and our coke segment earned $25 million."

A service of YellowBrix, Inc.