BPL - Buckeye Partners, L.P.

NYSE - NYSE Delayed Price. Currency in USD
32.06
+0.24 (+0.75%)
At close: 4:02PM EST

32.15 +0.09 (0.28%)
After hours: 5:30PM EST

Stock chart is not supported by your current browser
Previous Close31.82
Open31.95
Bid31.83 x 1200
Ask32.35 x 800
Day's Range31.56 - 32.20
52 Week Range25.71 - 57.19
Volume725,995
Avg. Volume1,228,816
Market Cap4.926B
Beta (3Y Monthly)0.95
PE Ratio (TTM)N/A
EPS (TTM)-2.79
Earnings DateFeb 7, 2019 - Feb 11, 2019
Forward Dividend & Yield3.00 (9.23%)
Ex-Dividend Date2018-11-09
1y Target Est34.91
Trade prices are not sourced from all markets
  • GlobeNewswire4 hours ago

    Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2018 Fourth Quarter and Full Year Financial Results

    Buckeye Partners, L.P. (“Buckeye”) (BPL) is scheduled to release its 2018 fourth quarter and full year earnings on February 8, 2019. Buckeye Partners, L.P. (BPL) is a publicly traded master limited partnership which owns and operates a diversified international network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage, processing and marketing of liquid petroleum products. Buckeye is one of the largest independent liquid petroleum products pipeline operators in the United States in terms of volumes delivered, with approximately 6,000 miles of pipeline.

  • GlobeNewswire8 hours ago

    Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.

    Buckeye Partners, L.P. (“Buckeye”) (BPL) announced today that it completed the sale of its equity interest in VTTI B.V. (“VTTI”) to Vitol Investment Partnership II Ltd and IFM Investors for cash proceeds of $975 million.  The proceeds from the sale will be used to pay down debt. This press release includes forward-looking statements that we believe to be reasonable as of today’s date.  Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” and similar expressions.  Actual results may differ significantly because of risks and uncertainties that are difficult to predict and that may be beyond our control.  Among the forward-looking statements set forth in this press release are statements regarding the anticipated use of proceeds derived from the disposition of our equity interest in VTTI.  These statements are subject to, among other risks, (i) changes in federal, state, local, and foreign laws or regulations to which we are subject, including those governing pipeline tariff rates and those that permit the treatment of us as a partnership for federal income tax purposes, (ii) terrorism and other security risks, including cyber risk, adverse weather conditions, including hurricanes, environmental releases, and natural disasters, (iii) changes in the marketplace for our products or services, such as increased competition, changes in product flows, better energy efficiency, or general reductions in demand, (iv) adverse regional, national, or international economic conditions, adverse capital market conditions, and adverse political developments, (v) shutdowns or interruptions at our pipeline, terminalling, storage, and processing assets or at the source points for the products we transport, store, or sell, (vi) unanticipated capital expenditures in connection with the construction, repair, or replacement of our assets, (vii) volatility in the price of liquid petroleum products, (viii) nonpayment or nonperformance by our customers, (ix) our ability to integrate acquired assets with our existing assets and to realize anticipated cost savings and other efficiencies and benefits, and (x) our ability to successfully complete our organic growth projects and to realize the anticipated financial benefits.  You should read our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2017, for a more extensive list of factors that could affect results.  We undertake no obligation to revise our forward-looking statements to reflect events or circumstances occurring after today’s date except as required by law.

  • Could Buckeye Partners Be a Millionaire-Maker Stock?
    Motley Foolyesterday

    Could Buckeye Partners Be a Millionaire-Maker Stock?

    The beaten-down midstream company certainly has big-time bounce-back potential.

  • Joint venture to spend up to $500M on crude terminal
    American City Business Journals3 days ago

    Joint venture to spend up to $500M on crude terminal

    Houston-based Buckeye Pipeline Partners LP (NYSE: BPL) expects its joint venture crude terminal, called South Texas Gateway, to cost between $450 million and $500 million. Buckeye formed the joint venture with Houston-based Phillips 66 Partners LP (NYSE: PSXP) and San Antonio-based Andeavor — which was since absorbed by Ohio-based Marathon Petroleum Corp. (NYSE: MPC) — back in May. The joint venture replaced the similarly named South Texas Gateway pipeline project, which Buckeye canceled at the time.

  • Better Buy: Buckeye Partners vs. Kinder Morgan
    Motley Fool5 days ago

    Better Buy: Buckeye Partners vs. Kinder Morgan

    It's oil vs. gas as the high-yielding MLP faces off against the top U.S. pipeline operator.

  • Why This Midstream Partnership Lost Nearly Half Its Value in 2018
    Motley Fool8 days ago

    Why This Midstream Partnership Lost Nearly Half Its Value in 2018

    Buckeye Partners, L.P. was confident that it could hold the line on the distribution, but it just couldn't.

  • Where Will Buckeye Partners Be in 5 Years?
    Motley Fool10 days ago

    Where Will Buckeye Partners Be in 5 Years?

    The oil industry player has been moving out of its comfort zone, but that may not help it outperform.

  • American City Business Journals10 days ago

    What to watch for among midstreams in 2019

    The midstream energy sector has been on a rollercoaster ride for some time now, rocked by wild changes in commodity prices, an on-again-off-again relationship with the capital markets and investors and regulatory and tax changes that have made conditions for midstream master limited partnerships difficult.

  • Energy companies close multimillion-dollar deals before 2018 ends
    American City Business Journals25 days ago

    Energy companies close multimillion-dollar deals before 2018 ends

    In addition to Enbridge closing its multibillion-dollar acquisitions of its Houston-based MLPs, a few other multimillion-dollar energy deals closed last week, as well.

  • Is Buckeye Partners, L.P. (BPL) A Good Stock To Buy?
    Insider Monkey26 days ago

    Is Buckeye Partners, L.P. (BPL) A Good Stock To Buy?

    The government requires hedge funds and wealthy investors with over a certain portfolio size to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the funds’ positions on September […]

  • ACCESSWIRE29 days ago

    Today's Research Reports on Trending Tickers: Buckeye Partners and Cheniere Energy Partners

    NEW YORK, NY / ACCESSWIRE / December 20, 2018 / U.S. equities closed down on Wednesday as the anticipated interest rate increase was confirmed by the Federal Reserve, following Chairman Jerome Powell’s ...

  • Buckeye (BPL) to Divest $450M Asset to InstarAGF Subsidiary
    Zackslast month

    Buckeye (BPL) to Divest $450M Asset to InstarAGF Subsidiary

    Buckeye (BPL) to utilize $450 million from the sale of its package of domestic pipeline and terminal assets for the repayment of its revolving credit facility.

  • GlobeNewswirelast month

    Buckeye Partners, L.P. Announces Closing of Sale of Package of Domestic Pipeline and Terminal Assets

    HOUSTON, Dec. 18, 2018 -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that it completed the sale of a package of domestic pipeline and terminal assets.

  • Zackslast month

    Buckeye Partners (BPL) in Focus: Stock Moves 5.3% Higher

    Buckeye Partners (BPL) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

  • ACCESSWIRElast month

    Today's Research Reports on Trending Tickers: TC PipeLines and Buckeye Partners

    NEW YORK, NY / ACCESSWIRE / December 14, 2018 / U.S. markets finished modestly higher on Thursday as investors continue to worry about trade tensions between the U.S. and China. The Dow Jones Industrial ...

  • Antero Midstream Partners: What Can Investors Expect?
    Market Realistlast month

    Antero Midstream Partners: What Can Investors Expect?

    Antero Midstream Partners (AM) has a median target price of $38.0—compared to its current market price of $26.90, which indicates a potential upside of 41.30% for the next 12 months.

  • Better Buy: Buckeye Partners vs. Kinder Morgan
    Motley Foollast month

    Better Buy: Buckeye Partners vs. Kinder Morgan

    Both midstream companies have struggled in recent years, but one is well ahead of the other on its turnaround plan.

  • Should You Get Rid of Buckeye Partners (BPL) Now?
    Zacks2 months ago

    Should You Get Rid of Buckeye Partners (BPL) Now?

    Buckeye Partners (BPL) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

  • Buckeye Partners L.P. (BPL) Down 12.6% Since Last Earnings Report: Can It Rebound?
    Zacks2 months ago

    Buckeye Partners L.P. (BPL) Down 12.6% Since Last Earnings Report: Can It Rebound?

    Buckeye Partners L.P. (BPL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Reuters2 months ago

    Buckeye Partners export Bakken crude out of NJ terminal -sources

    Buckeye Partners LP has begun exporting small volumes of Bakken crude out of its terminal in Perth Amboy, New Jersey, four sources told Reuters on Thursday, in what they believe is the first such shipment ever from the U.S. East Coast. The new shipments come as Houston-based Buckeye Partners is preparing to export larger volumes of heavy Canadian crude oil early next year. The U.S. East Coast has long been an importer of crude oil, but steep discounts for crude from North Dakota and Canada has made it economical to haul barrels via mile-long unit trains into the East Coast for export, traders said.

  • Black Hills (BKH) Arm Gets WPSC Nod to Build Gas Pipelines
    Zacks2 months ago

    Black Hills (BKH) Arm Gets WPSC Nod to Build Gas Pipelines

    Black Hills' (BKH) unit wins an approval from Wyoming Public Service Commission for constructing a 35-mile natural gas pipeline in Wyoming.

  • ONE Gas (OGS) Rides on Investments & Steady Customer Demand
    Zacks2 months ago

    ONE Gas (OGS) Rides on Investments & Steady Customer Demand

    One Gas (OGS) is likely to benefit from regulated earnings, steady demand from residential customers and systematic capital expenditure.

  • Buckeye Partners: Recent Institutional Activity
    Market Realist2 months ago

    Buckeye Partners: Recent Institutional Activity

    So far in 2018, Buckeye Partners (BPL) stock has fallen 36% and has underperformed peers. Let’s see how institutional investors reacted to this weakness. According to a 13F filing, Alps Advisors added 780,000 shares of Buckeye Partners and held 8.8% of its total outstanding shares as of September 30. Alps Advisors added 600,000 shares of Buckeye Partners in the second quarter.

  • These 2 High-Yield Energy Stocks Have the Same Growth Plan. Will It Work?
    Motley Fool2 months ago

    These 2 High-Yield Energy Stocks Have the Same Growth Plan. Will It Work?

    These pipeline industry companies' strategies for outperformance are eerily similar.