Shareholder FAQs
| Q. | What can I do with my Sun Exploration and Production stock? |
| If you were a shareholder of record of Sun Company, Inc. (now Sunoco, Inc.) stock on October 14, 1988, you received a certificate dated November 1, 1988, for shares of common stock of Sun Exploration and Production Company ("Sun E&P"). You were entitled to receive this as a result of the distribution of Sun E&P common stock by its parent company, Sun Company, Inc. (now Sunoco, Inc.). The Internal Revenue Service ruled that you incurred no U.S. Federal Income Tax as a result of the distribution. However, for capital gains tax purposes, you need to determine the cost per share of your Sun E&P stock and an adjusted cost per share for your Sun stock, so you can calculate gain or loss when you give, transfer or sell either stock. Figuring these costs per share is done by apportioning the original cost of your Sun stock between the new Sun stock and the new Sun E&P stock. Fifty-three percent (53%) of the adjusted cost of your old Sun stock is your cost basis per share for your new Sun stock, and 47% of the adjusted cost of your old Sun stock is your cost basis per share for the new Sun E&P stock. Sun E&P changed its name to Oryx Energy Company. On February 26, 1999, Oryx Energy Company merged with Kerr-McGee Corporation through an exchange of stock. Kerr-McGee was acquired by Anadarko Petroleum Corporation on August 10, 2006. For additional information, contact the paying agent for Kerr-McGee stockholders, Wells Fargo, at 1-800-468-9716. | |
| Q. | I’ve sold my Sun stock and I need to know what my cost basis is. |
| Sunoco's website provides split adjusted closing prices for Sunoco stock back 7/28/1980. Go to the Investor Relations section of Sunoco's website, select "Stock Information" then click on "Historical Price Look-up". | |
| Q. | What do I do with Petro-Lewis stock? |
| In 1984, Sun did acquire certain assets from Petro-Lewis, but did NOT acquire that company. Petro-Lewis was acquired by Freeport-McMoran in New Orleans, LA. You can contact them at 1-800-535-7094. | |
| Q. | How do I buy/sell Sunoco’s stock directly? |
| Please contact Computershare (Sunoco’s stock transfer agent) at 1-800-888-8494 or log on to www.computershare.com | |
| Q. | What do I do if I, or some current or deceased member of my family, is listed in the newspaper as owning Sunoco stock? |
| Lists of unclaimed funds are published periodically by the states and various agencies (e.g. Bureau of Unclaimed Funds). Contact those state agencies for more information. | |
| Q. | What do I do with my Sun Oil Company stock certificate? |
| Please contact Computershare (Sunoco’s stock transfer agent) at 1-800-888-8494 or log on to www.computershare.com . | |
| Q. | What do I do with my Sun Preferred shares? |
| Please contact Computershare (Sunoco’s stock transfer agent) at 1-800-888-8494 or log on to www.computershare.com . | |
| Q. | How do I calculate my cost basis in the SunCoke, Inc. (SXC) shares that I received in the January 2012 spin-off? |
Click here to download form 8937 which provides the allocation of your cost basis in your Sunoco shares between the SUN and SXC stocks. | |
| Q. | Who can I contact concerning issues with my royalty ownership or payment? |
Royalty Hotline Ownership & Payment | |
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