NYSE:BPL - Buckeye Partners Stock Price, Price Target & More

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$36.33 +0.21 (+0.58 %)
(As of 06/25/2018 07:16 AM ET)
Previous Close$36.12
Today's Range$36.03 - $36.86
52-Week Range$35.24 - $65.90
Volume746,991 shs
Average Volume998,766 shs
Market Capitalization$5.34 billion
P/E Ratio10.94
Dividend Yield13.90%
Beta1.13
Buckeye Partners logoBuckeye 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

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:BPL
CUSIPN/A
Phone832-615-8600

Debt

Debt-to-Equity Ratio0.90
Current Ratio1.17
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio10.94
Forward P/E Ratio11.80
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.65 billion
Price / Sales1.46
Cash Flow$5.2198 per share
Price / Cash6.96
Book Value$33.19 per share
Price / Book1.09

Profitability

EPS (Most Recent Fiscal Year)$3.32
Net Income$478.80 million
Net Margins12.11%
Return on Equity9.58%
Return on Assets4.62%

Miscellaneous

Employees1,600
Outstanding Shares146,940,000

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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, May 4th. Shareholders of record on Monday, May 14th will be given a dividend of $1.2625 per share on Monday, May 21st. This represents a $5.05 dividend on an annualized basis and a yield of 13.90%. The ex-dividend date of this dividend is Friday, May 11th. This is a boost 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) issued its quarterly earnings results on Friday, May, 4th. The pipeline company reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by $0.03. The pipeline company earned $1.18 billion during the quarter, compared to analysts' expectations of $919.90 million. Buckeye Partners had a net margin of 12.11% and a return on equity of 9.58%. The company's quarterly revenue was up 22.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 earnings per share. 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, August, 3rd 2018. View Earnings Estimates for Buckeye Partners.

What price target have analysts set for BPL?

13 Wall Street analysts have issued 12 month target prices for Buckeye Partners' shares. Their forecasts range from $39.00 to $74.00. On average, they expect Buckeye Partners' stock price to reach $51.00 in the next year. View Analyst Ratings for Buckeye Partners.

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)

Has Buckeye Partners been receiving favorable news coverage?

Media stories about BPL stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than 20 million news and blog sources. 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 media sentiment score of 0.03 on Accern's scale. They also gave headlines about the pipeline company an impact score of 45.41 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Buckeye Partners' major shareholders?

Buckeye Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include OppenheimerFunds Inc. (8.05%), Alps Advisors Inc. (7.84%), Kayne Anderson Capital Advisors LP (7.46%), Tortoise Capital Advisors L.L.C. (7.38%), Tortoise Capital Advisors L.L.C. (7.38%) and Brookfield Asset Management Inc. (2.35%). Company insiders that own Buckeye Partners stock include Barbara J Duganier, Clair Keith St, Clark C Smith, Joseph Sauger, Khalid A Muslih, 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 Alps Advisors Inc., Royal Bank of Canada, Hsbc Holdings PLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Silvercrest Asset Management Group LLC, Atlantic Trust Group LLC and Argyll Research LLC. 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 purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Summit Trail Advisors LLC, Brookfield Asset Management Inc., Northwestern Mutual Investment Management Company LLC, OppenheimerFunds Inc., UBS Group AG, Bollard Group LLC and Municipal Employees Retirement System of Michigan. Company insiders that have bought Buckeye Partners stock in the last two years include Barbara J Duganier, Larry C Payne, Mark C Mckinley, Martin A White and Pieter Bakker. 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 $36.33.

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 (BPL)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  584
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 6/25/2018 by MarketBeat.com Staff

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