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: $70.17
  • 50 Day Moving Average: $72.03
  • 200 Day Moving Average: $68.79
  • Trailing P/E Ratio: 17.88
  • Foreward P/E Ratio: 16.07
  • P/E Growth: 4.69
  • Market Cap: $9.11B
  • 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: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $71.63 (2.47% upside)

Analysts' Ratings History for Buckeye Partners, L.P. (NYSE:BPL)
Show:
DateFirmActionRatingPrice TargetDetails
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
9/11/2015Goldman Sachs Group Inc.Lower Price TargetNeutral$78.00 -> $73.00View 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 8/25/2014 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: $4.18 EPS
Next Year EPS Consensus Estimate: $4.35 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$0.96$1.03$1.00
Q3 20172$0.97$0.98$0.98
Q4 20172$0.97$1.24$1.11
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Buckeye Partners, L.P. (NYSE:BPL)
Annual Dividend:$4.85
Dividend Yield:6.94%
Payout Ratio:116.03% (Based on Current Year Consensus EPS Estimate)
111.49% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:3.70% (3 Year Average)

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
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
biz.yahoo.com logoBUCKEYE PARTNERS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:BPL)
biz.yahoo.com - August 5 at 3:56 PM
finance.yahoo.com logoBuckeye Partners, L.P. Reports Second Quarter 2016 Financial Results (NYSE:BPL)
finance.yahoo.com - August 5 at 12:20 PM
finance.yahoo.com logo6:31 am Buckeye Partners beats by $0.11, misses on revs (NYSE:BPL)
finance.yahoo.com - August 5 at 12:20 PM
biz.yahoo.com logoQ2 2016 Buckeye Partners LP Earnings Release - Time Not Supplied (NYSE:BPL)
biz.yahoo.com - August 5 at 12:20 PM
publicnow.com logoBPL Reports Second Quarter 2016 Financial Results; Announces Increase in Cash Distribution (NYSE:BPL)
www.publicnow.com - August 5 at 12:20 PM
finance.yahoo.com logoBuckeye Partners (BPL) Q2 Earnings Top but Revenues Lag (NYSE:BPL)
finance.yahoo.com - August 5 at 12:20 PM
globenewswire.com logoReminder: Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2016 Second Quarter Financial ... - GlobeNewswire (press release) (NYSE:BPL)
globenewswire.com - August 4 at 9:40 PM
finance.yahoo.com logoReminder: Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2016 Second Quarter Financial Results (NYSE:BPL)
finance.yahoo.com - August 4 at 9:40 PM
capitalcube.com logoETF’s with exposure to Buckeye Partners LP : August 4, 2016 (NYSE:BPL)
www.capitalcube.com - August 4 at 4:03 PM
News IconWhich way Buckeye Partners, L.P. (NYSE:BPL) earnings may go - The Voice Registrar (NYSE:BPL)
voiceregistrar.com - August 4 at 12:33 PM
marketrealist.com logoWhat Analysts Recommend for Buckeye Partners ahead of 2Q Earnings (NYSE:BPL)
marketrealist.com - August 4 at 12:33 PM
finance.yahoo.com logoONEOK Partners (OKS) Tops Q2 Earnings, Revenues Up Y/Y (NYSE:BPL)
finance.yahoo.com - August 3 at 4:01 PM
marketrealist.com logoWhat Will Drive Buckeye Partners’ 2Q16 Earnings? (NYSE:BPL)
marketrealist.com - August 3 at 12:34 PM
News IconIt's Earnings Time: What to Do with Buckeye Partners, L.P. (NYSE:BPL) Stock - The Voice Registrar (NYSE:BPL)
voiceregistrar.com - August 2 at 9:34 PM
capitalcube.com logoBuckeye Partners LP breached its 50 day moving average in a Bearish Manner : BPL-US : August 2, 2016 (NYSE:BPL)
www.capitalcube.com - August 2 at 4:01 PM
marketrealist.com logoWhat Will Drive NuStar Energy’s 2Q16 EBITDA? (NYSE:BPL)
marketrealist.com - July 27 at 1:59 PM
marketrealist.com logoReturns of Midstream Stocks with High and Low Implied Volatility (NYSE:BPL)
marketrealist.com - July 26 at 1:12 PM
marketrealist.com logoWhat Analysts Recommend for Buckeye Partners (NYSE:BPL)
marketrealist.com - July 26 at 9:04 AM
marketrealist.com logoA Look into Buckeye Partners’ Implied Volatility (NYSE:BPL)
marketrealist.com - July 25 at 11:04 AM
marketrealist.com logoBPL’s Short Interest: At Par with the Industry Average (NYSE:BPL)
marketrealist.com - July 25 at 9:04 AM
News IconFriday Session Wrap-up for Buckeye Partners, L.P. (NYSE:BPL) - Engelwood Daily (NYSE:BPL)
www.engelwooddaily.com - July 23 at 8:14 AM
News IconTracking Analyst Ratings and Target Projections for: Buckeye Partners L.P. (NYSE:BPL) - Press Telegraph (NYSE:BPL)
presstelegraph.com - July 22 at 3:58 PM
marketrealist.com logoAre Institutional Investors Bullish on Buckeye Partners? (NYSE:BPL)
marketrealist.com - July 22 at 1:06 PM
marketrealist.com logoBuckeye Partners’ Commodity Price Exposure: Key for Investors (NYSE:BPL)
marketrealist.com - July 22 at 1:06 PM
News IconBuckeye Partners L.P. (NYSE:BPL): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:BPL)
www.engelwooddaily.com - July 22 at 12:04 PM
News IconEagle Global Advisors LLC Increased Buckeye Partners LP (NYSE:BPL) by $8.62 Million as Shares Rose - Press Telegraph (NYSE:BPL)
presstelegraph.com - July 22 at 12:04 PM
News IconAdvisory Research INC Decreased Stake in Buckeye Partners L.P. (NYSE:BPL) by $38.60 Million as Shares Rose - Consumer Eagle (NYSE:BPL)
www.consumereagle.com - July 22 at 12:04 PM
News IconStock Catching Eyes of Investors: Buckeye Partners, L.P. (NYSE:BPL) - TGP (NYSE:BPL)
telanaganapress.com - July 21 at 3:57 PM

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Buckeye Partners, L.P. (NYSE:BPL) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff