NYSE:BPL - Buckeye Partners Stock Price, News, & Analysis

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$32.20 +0.21 (+0.66 %)
(As of 11/19/2018 03:53 AM ET)
Previous Close$32.20
Today's Range$32.06 - $32.63
52-Week Range$31.25 - $57.19
Volume1.07 million shs
Average Volume1.10 million shs
Market Capitalization$4.73 billion
P/E Ratio9.70
Dividend Yield9.32%
Beta1.25
Buckeye Partners, L.P. owns and operates liquid petroleum products pipelines in the United States and internationally. The company operates through three segments: Domestic Pipelines & Terminals, Global Marine Terminals, and Merchant Services. The Domestic Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, and various distillates; refined petroleum products; and crude oil. This segment also provides crude oil services, including train loading/unloading, storage, and throughput; and turn-key operations and maintenance, asset development, and construction services for third-party pipeline and energy assets, as well as operates and/or maintains third-party pipelines. It 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; 115 active terminals that provide bulk storage and throughput services with aggregate storage capacity of 56 million barrels; and 2 underground propane storage caverns. The Global Marine Terminals segment provides marine accessible bulk storage and blending, rail and truck rack loading/unloading, and petroleum processing services in the New York Harbor on the East Coast and Corpus Christi, Texas in the Gulf Coast region of the United States, as well as The Bahamas, Puerto Rico, and St. Lucia in the Caribbean, Northwest Europe, the Middle East, and Southeast Asia. This segment owns and operates 22 liquid petroleum products and crude oil terminals. The Merchant Services segment is involved in the wholesale distribution of refined petroleum products, including gasoline, natural gas liquids, propane, ethanol, and biodiesel, as well as petroleum distillates, such as heating oil, diesel fuel, kerosene, and fuel oil. 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:BPL
Previous Symbol
CUSIPN/A
Phone832-615-8600

Debt

Debt-to-Equity Ratio1.29
Current Ratio0.96
Quick Ratio0.63

Price-To-Earnings

Trailing P/E Ratio9.70
Forward P/E Ratio46.67
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.65 billion
Price / Sales1.30
Cash Flow$5.2188 per share
Price / Cash6.17
Book Value$26.27 per share
Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)$3.32
Net Income$478.80 million
Net Margins-10.43%
Return on Equity8.98%
Return on Assets4.14%

Miscellaneous

Employees1,600
Outstanding Shares146,950,000
Market Cap$4.73 billion
OptionableOptionable

Buckeye Partners (NYSE:BPL) Frequently Asked Questions

What is Buckeye Partners' stock symbol?

Buckeye Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BPL."

How often does Buckeye Partners pay dividends? What is the dividend yield for Buckeye Partners?

Buckeye Partners declared a quarterly dividend on Friday, November 2nd. Shareholders of record on Tuesday, November 13th will be paid a dividend of $0.75 per share on Tuesday, November 20th. This represents a $3.00 annualized dividend and a yield of 9.32%. The ex-dividend date of this dividend is Friday, November 9th. View Buckeye Partners' Dividend History.

How were Buckeye Partners' earnings last quarter?

Buckeye Partners, L.P. (NYSE:BPL) issued its earnings results on Friday, November, 2nd. The pipeline company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.68 by $0.11. The pipeline company earned $909.55 million during the quarter, compared to analysts' expectations of $921.74 million. Buckeye Partners had a positive return on equity of 8.98% and a negative net margin of 10.43%. Buckeye Partners's quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.81 EPS. View Buckeye Partners' Earnings History.

When is Buckeye Partners' next earnings date?

Buckeye Partners is scheduled to release their next quarterly earnings announcement on Friday, February 8th 2019. View Earnings Estimates for Buckeye Partners.

What price target have analysts set for BPL?

13 equities research analysts have issued 12 month price objectives for Buckeye Partners' shares. Their forecasts range from $34.00 to $72.00. On average, they anticipate Buckeye Partners' stock price to reach $42.3846 in the next year. This suggests a possible upside of 31.6% from the stock's current price. View Analyst Price Targets for Buckeye Partners.

What is the consensus analysts' recommendation for Buckeye Partners?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Buckeye Partners in the last year. There are currently 12 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Buckeye Partners.

Has Buckeye Partners been receiving favorable news coverage?

News headlines about BPL stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Buckeye Partners earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Buckeye Partners' key competitors?

Who are Buckeye Partners' key executives?

Buckeye Partners' management team includes the folowing people:
  • Mr. Clark C. Smith, Chairman, Pres & CEO of Buckeye GP LLC (Age 63)
  • Mr. Keith E. St. Clair, Exec. VP & CFO of Buckeye GP LLC (Age 61)
  • Mr. Khalid A. Muslih, Exec. VP & Pres of Global Marine Terminals - Buckeye GP LLC (Age 47)
  • Mr. Robert A. Malecky, Exec. VP and Pres of Domestic Pipelines & Terminals Bus. Unit - Buckeye GP LLC (Age 54)
  • Mr. William J. Hollis, Sr. VP & Pres of Buckeye Services - Buckeye GP LLC (Age 55)

Who are Buckeye Partners' major shareholders?

Buckeye Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Alps Advisors Inc. (8.78%), OppenheimerFunds Inc. (8.26%), Tortoise Capital Advisors L.L.C. (8.02%), Kayne Anderson Capital Advisors LP (7.47%), Chickasaw Capital Management LLC (5.36%) and Mirae Asset Global Investments Co. Ltd. (0.99%). Company insiders that own Buckeye Partners stock include Barbara J Duganier, Clair Keith St, Joseph Sauger, Larry C Payne, Mark C Mckinley, Martin A White, Pieter Bakker, Robert A Malecky and Todd J Russo. View Institutional Ownership Trends for Buckeye Partners.

Which institutional investors are selling Buckeye Partners stock?

BPL stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Deutsche Bank AG, BP Capital Fund Advisors LLC, Kayne Anderson Capital Advisors LP, Creative Planning, Dividend Assets Capital LLC, Sumitomo Mitsui Trust Holdings Inc. and Spirit of America Management Corp NY. Company insiders that have sold Buckeye Partners company stock in the last year include Joseph Sauger, Pieter Bakker and Todd J Russo. View Insider Buying and Selling for Buckeye Partners.

Which institutional investors are buying Buckeye Partners stock?

BPL stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Chickasaw Capital Management LLC, Mirae Asset Global Investments Co. Ltd., Alps Advisors Inc., American International Group Inc., Cohen & Steers Inc., Miller Howard Investments Inc. NY and Fort Washington Investment Advisors Inc. OH. Company insiders that have bought Buckeye Partners stock in the last two years include Barbara J Duganier, Larry C Payne, Mark C Mckinley and Martin A White. View Insider Buying and Selling for Buckeye Partners.

How do I buy shares of Buckeye Partners?

Shares of BPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Buckeye Partners' stock price today?

One share of BPL stock can currently be purchased for approximately $32.20.

How big of a company is Buckeye Partners?

Buckeye Partners has a market capitalization of $4.73 billion and generates $3.65 billion in revenue each year. The pipeline company earns $478.80 million in net income (profit) each year or $3.32 on an earnings per share basis. Buckeye Partners employs 1,600 workers across the globe.

What is Buckeye Partners' official website?

The official website for Buckeye Partners is http://www.buckeye.com.

How can I contact Buckeye Partners?

Buckeye Partners' mailing address is One Greenway Plaza Suite 600, Houston TX, 77046. The pipeline company can be reached via phone at 832-615-8600 or via email at [email protected]


MarketBeat Community Rating for Buckeye Partners (NYSE BPL)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  687
MarketBeat's community ratings are surveys of what our community members think about Buckeye Partners and other stocks. Vote "Outperform" if you believe BPL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BPL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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