BPL News and Press, Buckeye Partners L.P. From 06/19/19

In meetings with investors, a common question is how midstream compares with the integrated majors and energy more broadly. Investors are wanting to know what midstream has to offer relative to typical energy holdings such as Exxon (XOM), Chevron (CVX), or the Energy Select Sector SPDR ETF (XL...

One of the most humbling things I have learned to do in my short 30 years of life is to openly admit when I make a mistake. My reason for doing this is that I believe the fastest way to build trust is by telling the truth even when the outcome doesn't necessarily have a major impact on the per...

Oil bulls can't catch a break. The escalating U.S.-China trade war and the potential U.S.-Mexico trade war have fueled speculations about a global oil demand slowdown. On top of these trade tensions, EIA has announced builds in crude oil over the last weeks, which has exacerbated the situation...

The best way to learn how to invest money is to make mistakes and then to learn from them. The problem with investments is that even small mistakes can be very costly! I was lucky to have gotten started on this journey at a very young age when my capital was limited to savings from summer jo...

United Airlines (NASDAQ: UAL ), JetBlue (NASDAQ: JBLU ), Delta Air Lines (NYSE: DAL ) and American Aviation Supply say fees to ship jet fuel on Buckeye Partners' (NYSE: BPL ) refined products pipeline to New York City area airports are " unjust and unreasonable ." More news on: United Cont...

The gap between public and private valuations in the oil and gas industry was highlighted yet again in the recent announcement that Buckeye Partners ( BPL ) is being taken private for a 27.5% premium to its prior day share price and a nearly 100% premium to its low a few months earlier. It...

Rough week for oil and energy stocks, but for midstream stocks it wasn't terrible. MLPs (-1.1%) were down in-line with the S&P 500 on the week, a big win relative to energy stocks more broadly (XOP -8%, XLE -3%). Utilities were strong, helped by U.S. 10 year interest rates hitting YTD lows...

Co-produced with Samuel Smith for High Yield Landlord In a recent article entitled “ REITs Vs. MLPs: Which Is The Better Investment? ” I go on to explain that both MLPs and REITs present a lucrative opportunity for high-yielding investments right now. This is becaus...

Last week, we attended the 2019 MLP and Energy Infrastructure Conference (MEIC) in Las Vegas. We heard from stakeholders across the sector, from buy-side investors to Federal Energy Regulatory Commission Chairman Neil Chatterjee to midstream management teams. Here are some of the biggest quest...

This article explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited . We analyze the attractiveness and profitability of each spread going forward and indicate the trading positio...