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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:BPL
CUSIPN/A
Phone832-615-8600
Debt
Debt-to-Equity Ratio1.02
Current Ratio1.01
Quick Ratio0.70
Price-To-Earnings
Trailing P/E Ratio10.90
Forward P/E Ratio12.71
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.65 billion
Price / Sales1.46
Cash Flow$5.1966 per share
Price / Cash6.97
Book Value$33.19 per share
Price / Book1.09
Profitability
EPS (Most Recent Fiscal Year)$3.32
Net Income$478.80 million
Net Margins11.19%
Return on Equity9.12%
Return on Assets4.39%
Miscellaneous
Employees1,600
Outstanding Shares146,950,000
Market Cap$5.34 billion
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 announced a quarterly dividend on Friday, August 3rd. Shareholders of record on Monday, August 13th will be paid a dividend of $1.2625 per share on Monday, August 20th. This represents a $5.05 dividend on an annualized basis and a yield of 13.89%. The ex-dividend date of this dividend is Friday, August 10th. This is a positive change from Buckeye Partners's previous quarterly dividend of $1.24. View Buckeye Partners' Dividend History.
How were Buckeye Partners' earnings last quarter?
Buckeye Partners, L.P. (NYSE:BPL) posted its earnings results on Friday, August, 3rd. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.69 by $0.10. The pipeline company had revenue of $940.84 million for the quarter, compared to analyst estimates of $811.12 million. Buckeye Partners had a net margin of 11.19% and a return on equity of 9.12%. Buckeye Partners's revenue for the quarter was up 16.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 EPS. View Buckeye Partners' Earnings History.
When is Buckeye Partners' next earnings date?
What price target have analysts set for BPL?
13 equities research analysts have issued twelve-month price targets for Buckeye Partners' shares. Their forecasts range from $34.00 to $72.00. On average, they anticipate Buckeye Partners' stock price to reach $46.75 in the next twelve months. This suggests a possible upside of 28.5% 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 2 sell ratings, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Buckeye Partners.
Who are some of Buckeye Partners' key competitors?
Some companies that are related to Buckeye Partners include Plains All American Pipeline (PAA), Magellan Midstream Partners (MMP), Andeavor Logistics (ANDX), Phillips 66 Partners (PSXP), Shell Midstream Partners (SHLX), Plains GP (PAGP), Enbridge Energy Partners (EEP), Holly Energy Partners (HEP), NuStar Energy (NS), Valero Energy Partners (VLP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).
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)
Has Buckeye Partners been receiving favorable news coverage?
News stories about BPL stock have trended somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Buckeye Partners earned a coverage optimism score of 0.18 on Accern's scale. They also gave press coverage about the pipeline company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Buckeye Partners.
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. (8.29%), Alps Advisors Inc. (8.25%), OppenheimerFunds Inc. (8.24%), Kayne Anderson Capital Advisors LP (7.52%), Tortoise Capital Advisors L.L.C. (6.30%) and Chickasaw Capital Management LLC (3.96%). 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 major investors are selling Buckeye Partners stock?
BPL stock was sold by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Tortoise Capital Advisors L.L.C., Bank of Montreal Can, Miller Howard Investments Inc. NY, Bollard Group LLC, Dividend Assets Capital LLC, CIBC Private Wealth Group LLC and Creative Planning. 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 major investors are buying Buckeye Partners stock?
BPL stock was purchased by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Alps Advisors Inc., Alps Advisors Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Global X Management Co LLC, Renaissance Technologies LLC, OppenheimerFunds Inc. and First Republic Investment Management Inc.. 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 $36.37.
How big of a company is Buckeye Partners?
Buckeye Partners has a market capitalization of $5.34 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.
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)
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.
