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Last $69.07 USD
Change Today -1.35 / -1.92%
Volume 149.2K
BPL On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 12:39 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

buckeye partners lp (BPL) Snapshot

Open
$69.50
Previous Close
$70.42
Day High
$70.36
Day Low
$68.17
52 Week High
11/21/14 - $85.14
52 Week Low
08/24/15 - $52.91
Market Cap
8.8B
Average Volume 10 Days
525.4K
EPS TTM
$3.31
Shares Outstanding
128.0M
EX-Date
08/6/15
P/E TM
20.8x
Dividend
$4.65
Dividend Yield
6.64%
Current Stock Chart for BUCKEYE PARTNERS LP (BPL)

buckeye partners lp (BPL) Related Businessweek News

No Related Businessweek News Found

buckeye partners lp (BPL) Details

Buckeye Partners, L.P. owns and operates liquid petroleum products pipeline systems in the United States. The company operates through four segments: Pipelines & Terminals, Global Marine Terminals, Merchant Services, and Development & Logistics. The Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, diesel fuel, heating oil, and kerosene; and refined petroleum products, such as propane and butane, refinery feedstock, and blending components, as well as crude oil. This segment owns and operates approximately 6,000 miles of pipeline located primarily in the northeastern and upper midwestern portions of the United States, and services 110 delivery locations; and 116 active terminals that provide bulk storage and throughput services with aggregate storage capacity of 55 million barrels. The Global Marine Terminals segment provides marine terminal throughput services, marine bulk storage, and other related services through 7 liquid petroleum product terminals located in The Bahamas, Puerto Rico, and St. Lucia in the Caribbean; and the New York Harbor and Corpus Christi, Texas in the United States. The Merchant Services segment is involved in the wholesale distribution of refined petroleum products, including gasoline, propane, ethanol, and biodiesel, as well as petroleum distillates, such as heating oil, diesel fuel, kerosene, and fuel oil. The Development & Logistics segment offers pipeline construction management, turnkey operations and maintenance, asset development, and construction services for third-party pipeline and energy assets. This segment owns and operates 2 underground propane storage caverns with approximately 800,000 barrels of throughput and storage capability in Indiana and Illinois; and a 30-mile ammonia pipeline and 25 miles of pipeline in Texas. Buckeye GP LLC serves as the general partner of the company. Buckeye Partners, L.P. was founded in 1886 and is based in Houston, Texas.

290 Employees
Last Reported Date: 02/26/15
Founded in 1886

buckeye partners lp (BPL) Top Compensated Officers

Chairman of Buckeye GP LLC, Chief Executive O...
Total Annual Compensation: $756.7K
Chief Financial Officer of Buckeye Gp Llc and...
Total Annual Compensation: $482.7K
Senior Vice President of Buckeye GP LLC and P...
Total Annual Compensation: $412.0K
Senior Vice President of Buckeye GP LLC and P...
Total Annual Compensation: $412.0K
Senior Vice President of Buckeye GP LLC, Gene...
Total Annual Compensation: $349.8K
Compensation as of Fiscal Year 2014.

buckeye partners lp (BPL) Key Developments

Buckeye Partners, L.P. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Maintenance Capital Spending Guidance for 2015

Buckeye Partners, L.P. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of $796,783,000 against $1,808,951,000 a year ago. Operating income was $131,019,000 against $102,166,000 a year ago. Income from continuing operations before taxes was $91,567,000 against $62,092,000 a year ago. Income from continuing operations was $91,326,000 or $0.71 per diluted share against $61,939,000 or $0.53 per diluted share a year ago. Net income attributable to the company was $91,580,000 against $23,020,000 a year ago. Diluted earnings per share were $0.71 against $0.20 a year ago. Adjusted EBITDA from continuing operations was $206,481,000 against $150,788,000 a year ago. Total operating income was $131,019,000 against $102,166,000 a year ago. Maintenance capital for the second quarter of 2015 was $23.6 million compared to $17.1 million for the second quarter of '14. This increase in maintenance capital spend primarily relates to work performed on recently acquired terminals. The company spent $140.8 million on return capital projects during the quarter. For the six months, the company reported total revenue of $1,884,883,000 against $3,800,780,000 a year ago. Operating income was $282,821,000 against $243,439,000 a year ago. Income from continuing operations before taxes was $203,827,000 against $163,554,000 a year ago. Income from continuing operations was $203,347,000 or $1.60 per diluted share against $163,478,000 or $1.39 per diluted share a year ago. Net income attributable to the company was $203,191,000 against $113,488,000 a year ago. Diluted earnings per share were $1.59 against $0.98 a year ago. Adjusted EBITDA from continuing operations was $419,391,000 against $339,412,000 a year ago. Total operating income was $282,821,000 against $243,439,000 a year ago. For the full year of 2015, the company expects maintenance capital spending to be $90 million to $110 million. The company expects spending will spike in the third quarter as the number of projects are completed in the warmer months. The company expecting 2015 return capital spending to be in the range of $420 million to $460 million.

Buckeye Partners Mulls Acquisitions

Buckeye Partners, L.P. (NYSE:BPL) is looking for acquisitions. Clark Smith, Buckeye Partners' Chairman, President and Chief Executive Officer said "Yes, I do think we're better positioned going forward to do acquisitions. We're looking at more opportunities in all segments of our business."

Buckeye Partners, L.P. to Report Q2, 2015 Results on Jul 31, 2015

Buckeye Partners, L.P. announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Jul 31, 2015

 

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BPL

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Valuation BPL Industry Range
Price/Earnings 23.8x
Price/Sales 1.9x
Price/Book 2.5x
Price/Cash Flow 15.6x
TEV/Sales 1.1x
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