Buckeye Partners, L.P. Company Profile (NYSE:BPL)

About Buckeye Partners, L.P.

Buckeye Partners, L.P. logoBuckeye Partners, L.P. (Buckeye) owns and operates a network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage and marketing of liquid petroleum products. The Company operates through three segments: Domestic Pipelines & Terminals, Global Marine Terminals and Merchant Services. It is also an independent terminalling and storage operator in the United States in terms of capacity available for service. The Company's terminal network comprises approximately 120 liquid petroleum products terminals with aggregate storage capacity of over 110 million barrels across its portfolio of pipelines, inland terminals and marine terminals located primarily in the East Coast and Gulf Coast regions of the United States and in the Caribbean. The Company's marine terminal in The Bahamas, Bahamas Oil Refining Company International Limited (BORCO) provides an array of logistics and blending services for petroleum products.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: BPL
  • CUSIP:
Key Metrics:
  • Previous Close: $71.22
  • 50 Day Moving Average: $70.32
  • 200 Day Moving Average: $70.29
  • 52-Week Range: $47.07 - $75.10
  • Trailing P/E Ratio: 18.41
  • Foreward P/E Ratio: 3,580.00
  • P/E Growth: 4.80
  • Market Cap: $9.38B
  • Outstanding Shares: 131,049,000
  • Beta: 0.95
Additional Links:
Companies Related to Buckeye Partners, L.P.:

Analyst Ratings

Consensus Ratings for Buckeye Partners, L.P. (NYSE:BPL) (?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $72.38 (1.08% upside)
Analysts' Ratings History for Buckeye Partners, L.P. (NYSE:BPL)
Show:
DateFirmActionRatingPrice TargetDetails
9/29/2016MizuhoInitiated CoverageNeutral$76.00View Rating Details
9/19/2016Goldman Sachs Group Inc.UpgradeNeutral -> Buy$78.00View Rating Details
9/8/2016US Capital AdvisorsUpgradeHold -> BuyView Rating Details
5/12/2016Barclays PLCBoost Price TargetEqual Weight$69.00 -> $73.00View Rating Details
5/9/2016Stifel NicolausBoost Price TargetBuy$68.00 -> $75.00View Rating Details
3/16/2016JPMorgan Chase & Co.Reiterated RatingHoldView Rating Details
2/25/2016Morgan StanleyInitiated CoverageOverweight$69.00View Rating Details
2/17/2016Bank of America Corp.Reiterated RatingBuy$75.00 -> $63.00View Rating Details
12/14/2015DA DavidsonUpgradeNeutral -> Buy$69.00View Rating Details
9/21/2015Royal Bank Of CanadaLower Price TargetSector Perform$84.00 -> $75.00View Rating Details
6/15/2015ArgusBoost Price TargetBuy$83.00 -> $84.00View Rating Details
2/11/2015Citigroup Inc.Reiterated RatingBuy$87.50 -> $84.50View Rating Details
(Data available from 10/1/2014 forward)

Earnings

Earnings History for Buckeye Partners, L.P. (NYSE:BPL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/28/2016        
8/5/2016Q216$0.96$1.07$759.98 million$777.12 millionViewN/AView Earnings Details
5/6/2016Q116$1.04$1.01$1,000.00 million$780.00 millionViewN/AView Earnings Details
2/12/2016Q415$0.99$1.03$825.99 million$840.20 millionViewN/AView Earnings Details
10/30/2015Q315$0.92$0.78$1.12 billion$728.40 millionViewListenView Earnings Details
7/31/2015Q215$0.83$0.71$1.26 billion$796.80 billionViewListenView Earnings Details
5/1/2015Q115$0.81$0.88$1.63 billion$1.09 billionViewN/AView Earnings Details
2/6/2015Q414$0.90$1.02$1.69 billion$1.29 billionViewN/AView Earnings Details
11/7/2014Q314$0.88$0.89$1.41 billion$1.57 billionViewN/AView Earnings Details
8/8/2014Q214$0.84$0.53$1.53 billion$1.80 billionViewListenView Earnings Details
5/2/2014Q114$0.93$0.78$1.53 billion$1.99 billionViewN/AView Earnings Details
2/7/2014Q413$0.86$0.75$1.20 billion$1.66 billionViewListenView Earnings Details
11/1/2013Q313$0.83$0.72$1.10 billion$1.09 billionViewN/AView Earnings Details
8/2/2013Q2 2013$0.78$0.72$1.23 billion$1.01 billionViewN/AView Earnings Details
5/3/2013Q1 2013$0.73$0.86$1.29 billion$1.35 billionViewN/AView Earnings Details
2/8/2013Q4 2012$0.79$0.96$1.31 billion$1.15 billionViewN/AView Earnings Details
11/2/2012Q312$0.73$0.87$1.11 billion$966.00 millionViewN/AView Earnings Details
8/3/2012$0.67$0.55ViewN/AView Earnings Details
5/4/2012$0.76$0.54ViewN/AView Earnings Details
2/10/2012$0.85$0.64ViewN/AView Earnings Details
11/4/2011$0.85$0.64ViewN/AView Earnings Details
8/5/2011$0.82$1.00ViewN/AView Earnings Details
5/6/2011$0.79$0.79ViewN/AView Earnings Details
2/11/2011$0.95$0.66ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Buckeye Partners, L.P. (NYSE:BPL)
Current Year EPS Consensus Estimate: $0.01 EPS
Next Year EPS Consensus Estimate: $0.02 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.97$1.05$1.01
Q2 20162$0.89$0.97$0.93
Q3 20162$0.86$0.96$0.91
Q4 20162$1.10$1.14$1.12
Q1 20172$0.93$1.14$1.04
Q2 20172$1.00$1.03$1.02
Q3 20172$0.97$0.99$0.98
Q4 20172$0.98$1.24$1.11
Q1 20181$0.99$0.99$0.99
Q2 20181$1.06$1.06$1.06
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Buckeye Partners, L.P. (NYSE:BPL)
Annual Dividend:$4.85
Dividend Yield:6.77%
Dividend Growth:3.70% (3 Year Average)
Payout Ratio:48,500.00% (Based on Current Year Consensus EPS Estimate)
24,250.00% (Based on Next Year Consensus EPS Estimate)
Track Record:13 Years of Consecutive Dividend Growth
Dividend History for Buckeye Partners, L.P. (NYSE:BPL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/5/2016quarterly$1.216.7%8/11/20168/15/20168/22/2016
5/6/2016quarterly$1.206.97%5/12/20165/16/20165/23/2016
2/12/2016quarterly$1.198.15%2/19/20162/23/20163/1/2016
10/30/2015quarterly$1.186.71%11/5/201511/9/201511/17/2015
7/31/2015quarterly$1.166.39%8/6/20158/10/20158/17/2015
5/1/2015quarterly$1.155.63%5/7/20155/11/20155/18/2015
2/6/2015quarterly$1.146.01%2/12/20152/17/20152/24/2015
11/7/2014quarterly$1.135.72%11/14/201411/18/201411/25/2014
8/8/2014quarterly$1.115.78%8/14/20148/18/20148/25/2014
5/2/2014quarterly$1.105.58%5/8/20145/12/20145/19/2014
2/11/2014quarterly$1.095.82%2/13/20142/18/20142/25/2014
2/7/2014$1.092/13/20142/18/20142/25/2014
11/1/2013quarterly$1.086.31%11/7/201311/12/201311/19/2013
8/2/2013quarterly$1.066.03%8/8/20138/12/20138/20/2013
5/3/2013quarterly$1.056.3%5/14/20135/16/20135/31/2013
2/8/2013quarterly$1.047.78%2/14/20132/19/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Buckeye Partners, L.P. (NYSE:BPL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/23/2016Pieter BakkerDirectorBuy3,500$70.25$245,875.00View SEC Filing  
7/18/2016Clark C SmithCEOSell910$75.02$68,268.20View SEC Filing  
7/18/2016Khalid A MuslihSVPSell7,500$75.00$562,500.00View SEC Filing  
5/25/2016Clark C SmithCEOSell10,000$73.02$730,200.00View SEC Filing  
5/20/2016Patrick L PeltonCAOSell2,090$71.79$150,041.10View SEC Filing  
4/19/2016Clark C SmithCEOSell10,000$71.05$710,500.00View SEC Filing  
2/29/2016Todd J RussoSVPSell2,400$64.52$154,848.00View SEC Filing  
2/19/2016Larry C PayneDirectorBuy1,000$57.97$57,970.00View SEC Filing  
9/18/2015Mark S. EsselmanSVPBuy1,000$64.91$64,910.00View SEC Filing  
5/20/2015Joseph SaugerSVPSell2,508$79.06$198,282.48View SEC Filing  
2/9/2015Robert A MaleckySVPSell6,600$76.50$504,900.00View SEC Filing  
12/17/2014Clair Keith StCFOSell4,000$75.63$302,520.00View SEC Filing  
6/23/2014Khalid A MuslihSVPSell9,335$81.25$758,468.75View SEC Filing  
6/20/2014Clair Keith StCFOSell7,500$79.56$596,700.00View SEC Filing  
5/6/2014Khalid MuslihSVPSell10,000$78.54$785,400.00View SEC Filing  
5/5/2014Robert MaleckySVPSell14,919$78.13$1,165,621.47View SEC Filing  
4/11/2014Clark SmithCEOSell10,000$77.58$775,800.00View SEC Filing  
2/27/2014Robert MaleckySVPSell5,000$74.00$370,000.00View SEC Filing  
2/25/2014Jeffrey BeasonVPSell6,558$72.53$475,651.74View SEC Filing  
2/18/2014Todd RussoVPSell1,000$73.38$73,380.00View SEC Filing  
2/12/2014Clark SmithCEOSell10,000$75.03$750,300.00View SEC Filing  
1/23/2014Clark SmithCEOSell10,000$72.53$725,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Buckeye Partners, L.P. (NYSE:BPL)
DateHeadline
capitalcube.com logoBuckeye Partners LP – Value Analysis (NYSE:BPL) : September 28, 2016 (NYSE:BPL)
www.capitalcube.com - September 28 at 3:43 PM
News IconSEC Filings: Alps Advisors INC Raised Its Buckeye Partners LP Mlp (BPL) Position as Valuation Rose - Chester News (NYSE:BPL)
www.chesterindependent.com - September 27 at 3:53 PM
capitalcube.com logoBuckeye Partners LP breached its 50 day moving average in a Bearish Manner : BPL-US : September 27, 2016 (NYSE:BPL)
www.capitalcube.com - September 27 at 3:53 PM
streetinsider.com logoForm 8-K BUCKEYE PARTNERS, L.P. For: Sep 21 (NYSE:BPL)
www.streetinsider.com - September 21 at 3:22 PM
4-traders.com logoBuckeye Partners L P : Technical Roundup on Oil & Gas Stocks -- Enbridge, Genesis Energy, DCP Midstream Partners, and Buckeye Partners (NYSE:BPL)
www.4-traders.com - September 19 at 4:49 PM
prnewswire.com logoTechnical Roundup on Oil & Gas Stocks -- Enbridge, Genesis Energy, DCP Midstream Partners, and Buckeye Partners - PR Newswire (press release) (NYSE:BPL)
www.prnewswire.com - September 19 at 8:43 AM
News IconJP Energy Partners LP (NYSE:JPEP) Is Expected To Post EPS Of $ (NYSE:BPL)
myhealthbowl.com - September 18 at 8:42 AM
News IconBuckeye Partners L.P. (NYSE:BPL): How Are Analysts Advising to Play This Stock? - Post News (NYSE:BPL)
www.kentuckypostnews.com - September 15 at 3:47 PM
News IconBuckeye Partners, L.P. to Post Q2 2017 Earnings of $1.00 Per Share, US Capital Advisors Forecasts (BPL) (NYSE:BPL)
www.nationaldailypress.com - September 13 at 5:50 PM
News IconAnalysts Place Buckeye Partners L.P. (NYSE:BPL) Under the Lens of the Microscope - Post News (NYSE:BPL)
www.kentuckypostnews.com - September 12 at 8:42 AM
News IconBuckeye Partners, L.P. (NYSE:BPL) To Report September 2016 Results - The Voice Registrar (NYSE:BPL)
voiceregistrar.com - September 9 at 3:51 PM
News IconStock Sliding Down Over the Last Month: Buckeye Partners, L.P. (NYSE:BPL) - Post News (NYSE:BPL)
www.kentuckypostnews.com - September 8 at 7:40 AM
News IconBuckeye Partners L.P. (NYSE:BPL): What is the Sell-side Making of this Stock? - Post News (NYSE:BPL)
www.kentuckypostnews.com - September 8 at 7:40 AM
News IconShares Higher Over the Last Five Trading Sessions: Buckeye Partners, L.P. (NYSE:BPL) - Post News (NYSE:BPL)
www.kentuckypostnews.com - September 6 at 8:48 AM
News IconShares Posting Gains Over the Past Half Year: Buckeye Partners, L.P. (NYSE:BPL) - Post News (NYSE:BPL)
www.kentuckypostnews.com - September 5 at 3:49 PM
News IconStock Struggling for the Quarter: Buckeye Partners, L.P. (NYSE:BPL) - Post News (NYSE:BPL)
www.kentuckypostnews.com - September 4 at 3:46 PM
streetinsider.com logoBuckeye Partners (BPL) Launches Michigan/Ohio Pipeline Expansion Project Open Season (NYSE:BPL)
www.streetinsider.com - September 1 at 3:54 PM
nasdaq.com logoBuckeye Partners (BPL) Unit Launches Binding Open Season - Nasdaq (NYSE:BPL)
www.nasdaq.com - September 1 at 12:24 PM
finance.yahoo.com logoBuckeye Partners (BPL) Unit Launches Binding Open Season (NYSE:BPL)
finance.yahoo.com - September 1 at 12:24 PM
News IconBuckeye Partners, L.P. (NYSE:BPL) Earnings Preview: Should Investors Be Nervous? - The Voice Registrar (NYSE:BPL)
voiceregistrar.com - August 31 at 3:54 PM
4-traders.com logoBUCKEYE PARTNERS L P : ANNOUNCES OPEN SEASON FOR SECOND PHASE OF MICHIGAN/OHIO PIPELINE EXPANSION PROJECT (NYSE:BPL)
www.4-traders.com - August 31 at 8:45 AM
finance.yahoo.com logoBuckeye Partners, L.P. Announces Open Season for Second Phase of Michigan/Ohio Pipeline Expansion Project (NYSE:BPL)
finance.yahoo.com - August 31 at 8:45 AM
marketrealist.com logoHow Sunoco Logistics’ Stock Has Performed So Far in 2016 (NYSE:BPL)
marketrealist.com - August 30 at 3:54 PM
marketrealist.com logoWhy Sunoco Logistics’ Crude Oil Segment Is Facing Headwinds (NYSE:BPL)
marketrealist.com - August 30 at 3:54 PM
investornewswire.com logoStock Rating Update On Buckeye Partners L.P. (NYSE:BPL) - Investor Newswire (NYSE:BPL)
www.investornewswire.com - August 27 at 3:48 PM
News IconBuckeye Partners, L.P. (BPL) Director Purchases 3500 Shares of Stock (NYSE:BPL)
magseriesusa.net - August 26 at 3:52 PM
capitalcube.com logoETF’s with exposure to Buckeye Partners LP : August 26, 2016 (NYSE:BPL)
www.capitalcube.com - August 26 at 11:58 AM
finance.yahoo.com logoCoverage initiated on Buckeye Partners by Goldman (NYSE:BPL)
finance.yahoo.com - August 25 at 3:58 PM
fidaily.com logoBuckeye Partners L.P. Common St (NYSE:BPL) Trading Down – Insiders Buying, Short Interest Falling (NYSE:BPL)
www.fidaily.com - August 24 at 3:55 PM
fidaily.com logoBuckeye Partners L.P. Common St (NYSE:BPL) Trading Down – Insiders Buying, Short Interest Falling (NYSE:BPL)
www.fidaily.com - August 24 at 3:55 PM
News IconCan Buckeye Partners L.P. (NYSE:BPL) Go Higher? Analyst Update - Post News (NYSE:BPL)
www.kentuckypostnews.com - August 19 at 4:36 PM
finance.yahoo.com logoWhy You Shouldn't Bet Against Buckeye (BPL) Stock (NYSE:BPL)
finance.yahoo.com - August 19 at 12:18 PM
4-traders.com logoBUCKEYE PARTNERS, L.P. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) (NYSE:BPL)
www.4-traders.com - August 17 at 12:06 PM
biz.yahoo.com logoBUCKEYE PARTNERS, L.P. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:BPL)
biz.yahoo.com - August 17 at 12:06 PM
fidaily.com logoEagle Global Advisors LLC Buys A Little More Buckeye Partners L.P. Common St (BPL) Stock (NYSE:BPL)
www.fidaily.com - August 15 at 11:08 AM
finance.yahoo.com logoBUCKEYE PARTNERS, L.P. Financials (NYSE:BPL)
finance.yahoo.com - August 12 at 3:25 PM
seekingalpha.com logoA Closer Look At Buckeye Partners' Q2 2016 Results (NYSE:BPL)
seekingalpha.com - August 12 at 12:35 PM
fidaily.com logoBuckeye Partners L.P. Common St (BPL) Holdings Up in Latest Report from Hightower Advisors, LLC - Finance Daily (NYSE:BPL)
www.fidaily.com - August 11 at 9:48 PM
seekingalpha.com logoA Closer Look At Buckeye Partners' Q2 2016 Results - Seeking Alpha (NYSE:BPL)
seekingalpha.com - August 10 at 9:23 PM
nasdaq.com logoBuckeye Partners L.P. (BPL) Ex-Dividend Date Scheduled for August 11, 2016 - Nasdaq (NYSE:BPL)
www.nasdaq.com - August 10 at 3:23 PM
fidaily.com logoBarclays Holds To Rating And Raises Price Target On Buckeye Partners L.P. Common St (BPL) (NYSE:BPL)
www.fidaily.com - August 8 at 3:59 PM
capitalcube.com logoBuckeye Partners LP :BPL-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:BPL)
www.capitalcube.com - August 8 at 3:59 PM
capitalcube.com logoBuckeye Partners LP :BPL-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:BPL)
www.capitalcube.com - August 8 at 3:59 PM
marketrealist.com logoWhat Drove Buckeye Partners’ 2Q16 Earnings Growth? (NYSE:BPL)
marketrealist.com - August 8 at 3:59 PM
marketrealist.com logoWhat Drove Buckeye Partners’ 2Q16 Earnings Growth? (NYSE:BPL)
marketrealist.com - August 8 at 3:59 PM
marketrealist.com logoWhat Do Analysts Recommend for Buckeye Partners? (NYSE:BPL)
marketrealist.com - August 8 at 3:59 PM
marketrealist.com logoWhat Do Analysts Recommend for Buckeye Partners? (NYSE:BPL)
marketrealist.com - August 8 at 3:59 PM
reuters.com logoBRIEF-Buckeye Partners Q2 earnings per share $1.07 from cont ops (NYSE:BPL)
www.reuters.com - August 6 at 11:37 AM
finance.yahoo.com logoEdited Transcript of BPL earnings conference call or presentation 5-Aug-16 3:00pm GMT (NYSE:BPL)
finance.yahoo.com - August 6 at 11:37 AM
biz.yahoo.com logoBUCKEYE PARTNERS, L.P. Files SEC form 10-Q, Quarterly Report (NYSE:BPL)
biz.yahoo.com - August 5 at 3:56 PM

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Buckeye Partners, L.P. (NYSE:BPL) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff