Last $76.85 USD
Change Today -0.01 / -0.01%
Volume 238.4K
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

buckeye partners lp (BPL) Snapshot

Open
$76.71
Previous Close
$76.86
Day High
$77.12
Day Low
$76.14
52 Week High
04/14/14 - $78.84
52 Week Low
04/22/13 - $60.44
Market Cap
9.5B
Average Volume 10 Days
261.4K
EPS TTM
$3.12
Shares Outstanding
115.2M
EX-Date
02/13/14
P/E TM
24.6x
Dividend
$4.35
Dividend Yield
5.56%
Current Stock Chart for BUCKEYE PARTNERS LP (BPL)

buckeye partners lp (BPL) Related Businessweek News

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buckeye partners lp (BPL) Details

Buckeye Partners, L.P. owns and operates liquid petroleum products pipeline systems in the United States. The company operates through four segments: Pipelines & Terminals, Global Marine Terminals, Merchant Services, and Development & Logistics. The Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, diesel fuel, heating oil, and kerosene; and refined petroleum products, such as propane and butane, refinery feedstock, and blending components, as well as crude oil. This segment owns and operates approximately 6,000 miles of pipeline serving approximately 110 delivery locations; and 115 active terminals that provide bulk storage and throughput services with aggregate storage capacity of approximately 55 million barrels. The Global Marine Terminals segment provides marine terminal throughput services, marine bulk storage, and other related services through 6 liquid petroleum product terminals located in The Bahamas, Puerto Rico, and St. Lucia in the Caribbean; and the New York Harbor in the continental United States. The Merchant Services segment is involved in the wholesale distribution of refined petroleum products, including gasoline; propane; ethanol; biodiesel; and petroleum distillates, such as heating oil, diesel fuel, and kerosene. The Development & Logistics segment offers operations, pipeline construction management, turn-key operations and maintenance, asset development, and construction services for third-party pipeline and energy assets. This segment owns and operates 2 underground propane storage caverns with approximately 800,000 barrels of throughput and storage capability in Indiana and Illinois; and a 30-mile ammonia pipeline and 25 miles of pipeline in Texas. Buckeye GP LLC serves as the general partner of the company. Buckeye Partners, L.P. was founded in 1886 and is headquartered in Houston, Texas.

Founded in 1886

buckeye partners lp (BPL) Top Compensated Officers

Chief Executive Officer of Buckeye GP LLC, Pr...
Total Annual Compensation: $479.7K
Chief Financial Officer of Buckeye Gp Llc and...
Total Annual Compensation: $397.1K
Senior Vice President of Buckeye GP LLC and P...
Total Annual Compensation: $385.4K
Senior Vice President of Buckeye GP LLC and P...
Total Annual Compensation: $333.1K
President of International Pipelines & Termin...
Total Annual Compensation: $296.8K
Compensation as of Fiscal Year 2012.

buckeye partners lp (BPL) Key Developments

Buckeye Partners, L.P. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Declares Quarterly Distribution, Payable on February 25, 2014

Buckeye Partners, L.P. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total revenue of $1,655.584 million compared to $1,124.763 million a year ago. Operating income was $123.817 million compared to $59.208 million a year ago. Income from continuing operations before taxes was $88.004 million compared to $30.691 million a year ago. Income from continuing operations was $87.465 million or $0.75 per diluted share compared to $32.543 million or $0.32 per diluted share a year ago. Net loss attributable to company was $82.752 million or $0.73 per diluted share compared to income of $34.963 million or $0.35 per diluted share a year ago. Adjusted EBITDA from continuing operations was $178.581 million compared to $165.418 million a year ago. Total capital additions, net were $104.437 million compared to $98.333 million a year ago. Maintenance capital expenditures were $27.291 million compared to $18.661 million a year ago. For the year, the company reported total revenue of $5,054.101 million compared to $4,285.903 million a year ago. Operating income was $478.041 million compared to $344.536 million a year ago. Income from continuing operations before taxes was $352.659 million compared to $235.204 million a year ago. Income from continuing operations was $351.599 million or $3.23 per diluted share compared to $235.879 million or $2.37 per diluted share a year ago. Net income attributable to company was $160.273 million or $1.49 per diluted share compared to $226.417 million or $2.32 per diluted share a year ago. Adjusted EBITDA from continuing operations was $648.814 million compared to $552.440 million a year ago. Total capital additions, net were $361.445 million compared to $331.338 million a year ago. Maintenance capital expenditures were $71.595 million compared to $54.425 million a year ago. The company also announced that its general partner declared a cash distribution of $1.0875 per limited partner unit for the quarter ended December 31, 2013. The distribution will be payable on February 25, 2014, to unit holders of record on February 18, 2014. This cash distribution represents a 4.8% increase over the $1.0375 per LP Unit distribution declared for the fourth quarter of 2012. For 2013, Buckeye declared distributions of $4.275 LP Unit, which represents a 3.0% increase over the $4.15 per LP Unit for 2012.

Buckeye Partners Provides Capex Guidance for 2014

Buckeye Partners provided capex guidance for 2014. The company currently expects to spend $280 million to $310 million on growth capital projects in 2014.

Buckeye Partners, L.P. to Report Q4, 2013 Results on Feb 07, 2014

Buckeye Partners, L.P. announced that they will report Q4, 2013 results at 1:30 PM, GMT Standard Time on Feb 07, 2014

 

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BPL

Industry Average

Valuation BPL Industry Range
Price/Earnings 23.8x
Price/Sales 1.7x
Price/Book 2.9x
Price/Cash Flow 28.8x
TEV/Sales 1.1x
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