BPL - Buckeye Partners, L.P.

NYSE - NYSE Delayed Price. Currency in USD
35.42
+0.39 (+1.11%)
At close: 4:02PM EDT

35.42 0.00 (0.00%)
After hours: 5:17PM EDT

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Previous Close35.03
Open35.04
Bid34.23 x 1300
Ask0.00 x 800
Day's Range35.04 - 36.09
52 Week Range32.03 - 59.67
Volume1,085,600
Avg. Volume1,243,381
Market Cap5.433B
Beta1.47
PE Ratio (TTM)11.91
EPS (TTM)2.97
Earnings DateNov 1, 2018 - Nov 5, 2018
Forward Dividend & Yield5.05 (12.71%)
Ex-Dividend Date2018-08-10
1y Target Est40.71
Trade prices are not sourced from all markets
  • Buckeye Partners Kept Distribution Unchanged in Q2—What’s Next?
    Market Realist10 hours ago

    Buckeye Partners Kept Distribution Unchanged in Q2—What’s Next?

    Buckeye Partners (BPL), the midstream MLP mainly involved in crude oil, refined products, and NGLs (natural gas liquids) transportation and terminaling, reported adjusted EBITDA of $254.8 million in the second quarter compared to $269.2 million in the same quarter of the previous year, representing a 5.3% YoY (year-over-year) fall. Buckeye Partners kept its distribution unchanged at $1.2625 per unit during the quarter despite a fall in its distributable cash flow. The partnership expects to maintain its distribution policy in the coming quarter.

  • Is This Massive 15% Yield Worth the Risk?
    Motley Fool2 days ago

    Is This Massive 15% Yield Worth the Risk?

    Buckeye Partners' management swears its payout is secure, but yields this high don't usually stick around for long.

  • Options Traders Expect Huge Moves in Buckeye Partners (BPL) Stock
    Zacks5 days ago

    Options Traders Expect Huge Moves in Buckeye Partners (BPL) Stock

    Buckeye Partners (BPL) needs investors to pay close attention to the stock based on moves in the options market lately.

  • Buckeye Partners Admits What the Market Has Been Telling It for Months
    Motley Fool5 days ago

    Buckeye Partners Admits What the Market Has Been Telling It for Months

    The company's cash generation has been a little spotty lately, and Wall Street has been pricing in a distribution cut for a while now.

  • ACCESSWIRE8 days ago

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

    NEW YORK, NY / ACCESSWIRE / August 7, 2018 / U.S. markets closed in the green on Monday, as Nasdaq surged for the fifth consecutive session, on a batch of strong corporate earnings, amidst ongoing trade-related ...

  • Buckeye Partners (BPL) Q2 Earnings Lag, Sales Beat Estimates
    Zacks8 days ago

    Buckeye Partners (BPL) Q2 Earnings Lag, Sales Beat Estimates

    Buckeye Partners (BPL) surpasses on second-quarter total revenue expectation, courtesy of a solid contribution from its Merchant Services segment.

  • Thomson Reuters StreetEvents11 days ago

    Edited Transcript of BPL earnings conference call or presentation 3-Aug-18 3:00pm GMT

    Q2 2018 Buckeye Partners LP Earnings Call

  • ACCESSWIRE12 days ago

    Buckeye Partners, L.P. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 3, 2018 / Buckeye Partners, L.P. (NYSE: BPL ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 3, 2018 at 11:00 AM Eastern Time. ...

  • GlobeNewswire12 days ago

    Buckeye Partners, L.P. Reports Second Quarter 2018 Financial Results

    HOUSTON, Aug. 03, 2018-- Buckeye Partners, L.P. today reported its financial results for the second quarter of 2018. Buckeye reported net income attributable to Buckeye’ s unitholders for the second quarter ...

  • Buckeye Partners: Analysts’ Recommendations
    Market Realist13 days ago

    Buckeye Partners: Analysts’ Recommendations

    Recently, Suntrust Robinson downgraded Buckeye Partners (BPL) to “sell” from “hold.” Suntrust Robinson reduced the partnership’s target price to $31 from $43. Previously, Citigroup lowered the partnership to “hold.” Buckeye Partners has seen five rating updates since the beginning of 2018 including four downgrades and one new coverage initiation.

  • Analyzing Buckeye Partners’ Technical Indicators
    Market Realist13 days ago

    Analyzing Buckeye Partners’ Technical Indicators

    Buckeye Partners (BPL) continued to trade below its 50-day and 200-day moving averages. The partnership was trading 3.1% below its 50-day simple moving average and 21.8% below its 200-day simple moving average as of July 30. There’s bearish sentiment in Buckeye Partners stock. In comparison, Magellan Midstream Partners (MMP) and Plains All American Pipeline (PAA) were trading 5.6% and 9.7% above their 200-day moving average.

  • Will Buckeye Partners Announce a Distribution Cut?
    Market Realist14 days ago

    Will Buckeye Partners Announce a Distribution Cut?

    Buckeye Partners’ distribution coverage was at 0.91x during the first quarter. The chances of a distribution cut increased after Moody’s changed Buckeye Partners’ outlook from “stable” to “negative.” The expectation of a distribution cut could be seen in the partnership’s forward distribution yield. Buckeye Partners’ forward distribution yield of 13.3% is 170 basis points lower than the current yield of 15.0%.

  • Which Segment Could Drive Buckeye Partners’ Performance?
    Market Realist14 days ago

    Which Segment Could Drive Buckeye Partners’ Performance?

    Currently, the Domestic Pipelines & Terminals segment is Buckeye Partners’ (BPL) largest business segment. The segment posted 0.9% YoY (year-over-year) adjusted EBITDA growth during the first quarter. The segment’s performance is expected to improve more in the second quarter. Future growth is expected due to strong volume growth from the Permian and Eagle Ford regions, the placement of Phase 1 of the Michigan/Ohio project, and higher refined product throughput volumes.

  • Buckeye Partners: Possible Earnings Drivers in Q2 2018
    Market Realist14 days ago

    Buckeye Partners: Possible Earnings Drivers in Q2 2018

    Buckeye Partners (BPL) is scheduled to release its second-quarter earnings on August 3. Recently, Kinder Morgan (KMI) announced its second-quarter earnings. Kinder Morgan reported an adjusted EBITDA of $1.848 billion in the second quarter compared to $1.728 billion in the second quarter of 2017—a 6.9% increase YoY (year-over-year). For details on Kinder Morgan’s second-quarter earnings, read Analyzing Kinder Morgan’s Second-Quarter Earnings.

  • MLP Rating Update for the Week Ended July 27
    Market Realist14 days ago

    MLP Rating Update for the Week Ended July 27

    Buckeye Partners (BPL), a midstream MLP involved in liquids transportation and terminaling, was downgraded by SunTrust Robinson Humphrey last week. It lowered BPL to a “sell” from a “hold” and reduced the target price to $31 from $43. Previously, Citigroup lowered the partnership to a “hold.” BPL has seen five rating updates since the start of the year, including four downgrades and one new coverage initiation.

  • Where Do Plains All American Pipeline’s Indicators Point?
    Market Realist21 days ago

    Where Do Plains All American Pipeline’s Indicators Point?

    Plains All American Pipeline (PAA) fell sharply after crossing its short-term (50-day) moving average, which could indicate a bearish sentiment in the stock.

  • Moody's27 days ago

    Buckeye Partners, L.P. -- Moody's changes Buckeye Partners' outlook to negative from stable

    Moody's Investors Service ("Moody's") changed Buckeye Partners, L.P.'s (Buckeye) outlook to negative from stable and affirmed its Baa3 senior unsecured rating. The negative outlook also reflects the execution risk in generating the growth related EBITDA over the next couple of years. "Buckeye's leverage may exceed 5x until its EBITDA from the ongoing growth projects gets meaningfully realized," said Arvinder Saluja, Moody's Vice President.

  • ACCESSWIRElast month

    Today's Free Research Reports Coverage on Cheniere Energy and Three More Oil & Gas Pipelines Stocks

    Stock Research Monitor: AM, BWP, and BPL LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on LNG sign up now at www.wallstequities.com/registration . On Thursday, July 12, 2018, ...

  • Reuterslast month

    Pennsylvania rejects Buckeye plan to partly reverse fuel pipeline

    The Pennsylvania Public Utility Commission on Thursday unanimously rejected a petition by Buckeye Partners to reverse a western portion of the Laurel product pipeline that connects Philadelphia area refiners to the Pittsburgh market. The partial reversal of the traditional westward flow on of the 350-mile (563-km) pipeline to bring 40,000 barrels per day of fuels, including gasoline and diesel, to Pennsylvania would have given Midwest refiners like Marathon Petroleum Corp and Husky Energy greater access to the Pittsburgh market, while essentially cutting off their East Coast peers.

  • PR Newswirelast month

    Alerian Announces Constituent Changes to the Alerian Midstream Energy Select Index

    DALLAS , July 12, 2018 /PRNewswire/ -- Alerian announced that as of the close of business on Monday, July 23, 2018 , the following companies will be added to the Alerian Midstream Energy Select Index (AMEI): ...

  • Rigzone.comlast month

    Pennsylvania Rejects Buckeye Plan to Partly Reverse Fuel Pipeline

    Some Philadelphia-area refiners such as Philadelphia Energy Solutions and Delta Air Lines subsidiary Monroe Energy opposed the reversal.

  • What Are Analysts’ Recent Ratings for Buckeye Partners?
    Market Realistlast month

    What Are Analysts’ Recent Ratings for Buckeye Partners?

    A total of 80.0% of the analysts surveyed by Reuters have rated Buckeye Partners (BPL) as a “hold,” and the remaining 20% have rated it as a “buy.”

  • Should Investors Chase Buckeye Partners’ Monstrous Yield?
    Market Realistlast month

    Should Investors Chase Buckeye Partners’ Monstrous Yield?

    Buckeye Partners Is Near Its 2008 Lows: Can It Recover? Buckeye Partners (BPL) was trading at a very high distribution yield of 14.6% on July 5. BPL’s peers NuStar Energy (NS), Magellan Midstream Partners (MMP), and Plains All American Pipeline (PAA) are trading at distribution yields of 10.4%, 5.5%, and 6.2%, respectively.

  • Where Could Buckeye Partners Trade in the Next Seven Days?
    Market Realistlast month

    Where Could Buckeye Partners Trade in the Next Seven Days?

    Buckeye Partners’ (BPL) 30-day implied volatility was 31.1% on July 5, higher than the 15-day average of 29.5%. BPL’s peers Kinder Morgan (KMI) and Plains All American Pipeline (PAA) have implied volatilities of 22.9% and 29.5%, respectively. In comparison, the Alerian MLP ETF (AMLP) has an implied volatility of 22.0%.

  • Do Buckeye Partners’ Technical Indicators Hint at a Recovery?
    Market Realistlast month

    Do Buckeye Partners’ Technical Indicators Hint at a Recovery?

    Buckeye Partners (BPL) continues to trade below both its short-term (50-day) and long-term (200-day) moving averages. The partnership was trading 8.3% below its 50-day moving average and 25.1% below its 200-day moving average on July 5, indicating a bearish sentiment in its stock.