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Sunday, December 20, 2009, 7:13AM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
Buckeye Partners LP (BPL)On Dec 18: 52.79  Down 1.25 (2.31%)  
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Buckeye Partners LP
One Greenway Plaza
Suite 600
Houston, TX 77046
United States - Map
Phone: 832-615-8600
Web Site: http://www.buckeye.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Pipelines
Full Time Employees:N/A

BUSINESS SUMMARY 
Buckeye Partners, L.P., through its subsidiaries, engages in the transportation, terminalling, and storage of refined petroleum products for integrated oil companies, large refined products marketing companies, and users of petroleum products in the United States. It also operates pipelines owned by third parties under contracts with integrated oil and chemical companies. The company operates in five segments: Pipeline Operations, Terminalling and Storage, Natural Gas Storage, Energy Services, and Other Operations. The Pipeline Operations segment transports refined petroleum products, including gasoline, jet fuel, diesel fuel, heating oil, kerosene, and natural gas liquids to terminals and airports located within end-use markets. This segment also transports other refined products, such as propane and butane, refinery feedstock, and blending components. The Terminalling and Storage segment provides bulk storage and throughput services. The Natural Gas Storage segment provides natural gas storage services. The Energy Services segment involves in the wholesale distribution of refined petroleum products, including gasoline, propane, and petroleum distillates, such as heating oil, diesel fuel, and kerosene in the northeastern United States. The Other Operations segment offers pipeline operation and maintenance services, and pipeline construction services for third parties. This segment also provides engineering and construction management services to various chemical companies. As of December 31, 2008, it owned and operated approximately 5,400 miles of independent refined petroleum products pipeline system; and operated approximately 2,400 miles of pipeline under agreements with oil and chemical companies in the United States. Buckeye GP LLC serves as the general partner of the company. Buckeye Partners was founded in 1986 and is based in Breinigsville, Pennsylvania.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Forrestt Wylie , 45
    Chairman of Buckeye GP LLC and Chief Exec. Officer of Buckeye GP LLC
    $ 400.00K $ 0
    Mr. Clark C. Smith , 55
    Pres of Buckeye GP LLC, Chief Operating Officer of Buckeye GP LLC, Director of Buckeye GP LLC and Chairman of Compensation Committee
    $ 95.00KN/A
    Mr. Keith E. St.Clair , 52
    Chief Financial Officer of Buckeye GP LLC and Sr. VP of Buckeye GP LLC
    $ 109.00K $ 0
    Mr. William H. Schmidt Jr., 36
    VP of Buckeye GP LLC, Sec. of Buckeye GP LLC and Gen. Counsel of Buckeye GP LLC
    N/A N/A
    Wesley Henry Schmidt Jr.,
    VP, Secratary and Gen. Counsel
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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