|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||40.49 - 41.72|
|52 Week Range||35.24 - 69.95|
|PE Ratio (TTM)||12.26|
|Earnings Date||May 4, 2018|
|Forward Dividend & Yield||5.05 (13.05%)|
|1y Target Est||49.27|
The pipeline was originally announced in December as a joint venture between Houston-based Phillips 66 and Canadian midstream company Enbridge Inc., but there have been some changes over the past five months.
San Antonio-based refining company Andeavor has entered into a joint venture to build a pipeline from the Permian Basin of West Texas to storage terminals along the Gulf Coast.
Several energy companies are teaming up to build a new oil pipeline system, which will provide them with more cash flow to continue growing their high-yield payouts.
April 24, 2018 - Andeavor (ANDV) today announced participation in two new joint ventures that support the transportation of crude oil from the Permian Basin to Corpus Christi, Texas with connection to a marine terminal under development. Gray Oak Pipeline, LLC, a joint venture owned 75 percent by Phillips 66 Partners (PSXP) and 25 percent by Andeavor, is a pipeline system providing crude oil transportation from West Texas to destinations in the Corpus Christi, Sweeny and Freeport areas.
NEW YORK, April 24, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
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Magellan Midstream Partners (MMP) continues to trade significantly below its 50-day and 200-day moving average, which might indicate bearish sentiment in the stock. Magellan Midstream Partners was trading 5.8% below its 50-day simple moving average and 11.1% below its 200-day simple moving average as of April 6, 2018.
HOUSTON, April 10, 2018-- Buckeye Partners, L.P. is scheduled to release its 2018 first quarter earnings on May 4, 2018. Interested parties are invited to listen to the conference call on the 2018 first ...
A Houston-based pipeline operator said Friday it is taking steps to move refined fuels in two directions on a portion of its Pennsylvania pipeline while it asks state regulators to allow it to reverse ...
Buckeye Partners (BPL), the midstream MLP mainly involved in crude oil, refined products, and NGLs (natural gas liquids) transportation and terminaling, has been in a downtrend over the past two months. Overall, Buckeye Partners has fallen 24.0% since the beginning of the year and has reached the levels it last saw in 2009 during the financial crisis. BPL’s recent weakness can be attributed to the general negative sentiment in the midstream energy sector and the partnership’s weak earnings growth due to its lower capacity utilization at its marine terminals and the expiration of certain long-term contracts.
HOUSTON, April 06, 2018-- Buckeye Partners, L.P. announced today that it is actively undertaking the steps necessary to provide bi-directional service along the Altoona to Pittsburgh section of the refined ...
HOUSTON, April 06, 2018-- Buckeye Partners, L.P. and Trafigura Trading LLC,, a wholly-owned subsidiary of Trafigura Group Pte Ltd, today announced the first shipment of crude oil by Suezmax tanker from ...
HOUSTON, April 05, 2018-- Buckeye Partners, L.P. today announced an approximately $80 million expansion of the Chicago Complex, its key logistics hub in the Midwest. This project, backed by a long-term ...
A Pennsylvania judge urges the state's public utility commission to reject Buckeye Partners LP's proposal.
The Federal Energy Regulatory Commission said March 15 it has eliminated tax allowances for master limited partnership pipelines and proposed natural gas pipelines. The decision has implications across ...