Sunoco 2010 Annual Report Download - page 72

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inaccurate. Forward-looking statements involve a number of risks and uncertainties that could cause actual
results to differ materially from those discussed in this report. In addition, statements in this report concerning
future dividend declarations are subject to approval by the Company’s Board of Directors and will be based upon
circumstances then existing. Such risks and uncertainties include, without limitation:
• General economic, financial and business conditions which could affect Sunoco’s financial condition
and results of operations;
• Changes in refining, marketing and chemical margins;
• Changes in coal and coke prices;
• Variation in crude oil and petroleum-based commodity prices and availability of crude oil and
feedstock supply or transportation;
• Effects of transportation disruptions;
• Changes in the price differentials between light-sweet and heavy-sour crude oils;
• Changes in the marketplace which may affect supply and demand for Sunoco’s products;
• Changes in competition and competitive practices, including the impact of foreign imports;
• Effects of weather conditions and natural disasters on the Company’s operating facilities and on
product supply and demand;
• Age of, and changes in the reliability, efficiency and capacity of, the Company’s operating facilities or
those of third parties;
• Changes in the expected operating levels of Company assets;
• Changes in the level of capital expenditures or operating expenses;
• Effects of adverse events relating to the operation of the Company’s facilities and to the transportation
and storage of hazardous materials (including equipment malfunction, explosions, fires, spills, and the
effects of severe weather conditions);
• Changes in the level of environmental capital, operating or remediation expenditures;
• Delays and/or costs related to construction, improvements and/or repairs of facilities (including
shortages of skilled labor, the issuance of applicable permits and inflation);
• Changes in product specifications;
• Availability and pricing of ethanol and related RINs (Renewable Identification Numbers) used to
demonstrate compliance with the renewable fuels standard for credits and trading;
• Political and economic conditions in the markets in which the Company, its suppliers or customers
operate, including the impact of potential terrorist acts and international hostilities;
• Military conflicts between, or internal instability in, one or more oil producing countries, governmental
actions and other disruptions in the ability to obtain crude oil;
• Ability to conduct business effectively in the event of an information systems failure;
• Ability to identify acquisitions, execute them under favorable terms and integrate them into the
Company’s existing businesses;
• Ability to effect divestitures, including the expected separation of SunCoke Energy, under favorable terms;
• Ability to enter into joint ventures and other similar arrangements under favorable terms;
• Changes in the availability and cost of equity and debt financing, including amounts under the
Company’s revolving credit facilities;
• Performance of financial institutions impacting the Company’s liquidity, including those supporting the
Company’s revolving credit and accounts receivable securitization facilities;
64