Last $82.47 USD
Change Today +0.12 / 0.15%
Volume 195.6K
BPL On Other Exchanges
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As of 8:04 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

buckeye partners lp (BPL) Snapshot

Open
$82.72
Previous Close
$82.35
Day High
$83.72
Day Low
$82.03
52 Week High
07/1/14 - $83.78
52 Week Low
10/10/13 - $62.00
Market Cap
10.2B
Average Volume 10 Days
225.8K
EPS TTM
$3.15
Shares Outstanding
116.0M
EX-Date
05/8/14
P/E TM
26.2x
Dividend
$4.40
Dividend Yield
5.24%
Current Stock Chart for BUCKEYE PARTNERS LP (BPL)

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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: $943.9K
Chief Financial Officer of Buckeye Gp Llc and...
Total Annual Compensation: $611.1K
Senior Vice President of Buckeye GP LLC and P...
Total Annual Compensation: $486.7K
President of International Pipelines & Termin...
Total Annual Compensation: $466.5K
Compensation as of Fiscal Year 2013.

buckeye partners lp (BPL) Key Developments

Buckeye Partners, L.P. Appoints William J. Hollis as President, Buckeye Services, Effective from July 14, 2014

Buckeye Partners, L.P. announced that William J. Hollis will be joining Buckeye as President, Buckeye Services effective from July 14, 2014. In this capacity, Mr. Hollis will be responsible for optimizing the performance of Buckeye's Merchant Services and Development & Logistics businesses. In addition, he will lead efforts to further develop Buckeye's growth strategies around crude oil diversification and natural gas liquids projects. Prior to joining Buckeye, Mr. Hollis worked for BP in progressively more responsible roles, the most recent being Vice President, Crude and Products Supply.

Buckeye Partners, L.P. Presents at NAPTP 2014 MLP Investor Conference, May-21-2014

Buckeye Partners, L.P. Presents at NAPTP 2014 MLP Investor Conference, May-21-2014 . Venue: Sawgrass Marriott Golf Resort & Spa, 1000 PGA TOUR Boulevard, Ponte Vedra Beach , FL 32082, United States.

Buckeye Partners, L.P. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2014; Provides Maintenance Capital Expenditure Guidance for the Year 2014

Buckeye Partners, L.P. announced unaudited consolidated financial results for the first quarter ended March 31, 2014. For the quarter, the company reported total revenue of $1,991,829,000 against $1,331,078,000 a year ago. Operating income was $141.273 million against $123.476 million a year ago. Income from continuing operations before taxes was $101.462 million against $94.957 million a year ago. Income from continuing operations was $101.539 million or $0.87 per diluted share against $94.826 million or $0.90 per diluted share a year ago. Net income attributable to the company was $90.468 million or $0.78 per diluted share against $89.341 million or $0.86 per diluted share a year ago. Adjusted EBITDA from continuing operations was $188.624 million against $160.231 million a year ago. The company ended the quarter with $31 million in cash and long-term debt of $3.2 billion. Maintenance capital was $18.6 million or an increase of approximately $13.5 million compared to the first quarter of 2013. This increase in maintenance capital in the current quarter is primarily timing related, as experienced delays in starting projects in the first half of 2013. The company expect to spend $70 million to $90 million on maintenance capital in 2014, with the increase due to the spending required on the terminals acquired from Hess. Spending on legacy assets is expected to be largely in line with 2013 spending. It expected to spend $300 million to $330 million on growth capital projects on a consolidated basis in 2014.

 

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BPL

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Valuation BPL Industry Range
Price/Earnings 25.7x
Price/Sales 1.7x
Price/Book 3.1x
Price/Cash Flow 30.2x
TEV/Sales 1.0x
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