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BPL News and Press, Buckeye Partners L.P. From 08/19/19

Stock Information

Company Name: Buckeye Partners L.P.
Stock Symbol: BPL
Market: NYSE

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BPL - One Reason Why Midstream Is Not 'Junk High Yield'

In a low yield world where investment grade corporate bonds and US Treasuries often pay out less than 3%, Seeking Alpha has become a lightning rod for high yield income recommendations. Many of the most popular companies that have attracted author attention have seen outright awful performance...

BPL - Yield Inversion, Midstream Aversion

Midstream stocks were down, in line with broad equities this week, after a rally Friday that almost salvaged the week. It was a fourth straight negative week for midstream, and the MLP Index (on a price basis) now sits 11.3% lower than its high for the quarter reached in mid-July. Not that m...

BPL - Trafigura and Buckeye Receive First Deliveries of Crude Oil From New Permian Pipeline Construction

HOUSTON, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Trafigura Trading LLC, (“Trafigura”) and Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that Trafigura has received its first delivery of Permian crude oil from Plains All American’s Cactus II pipe...

BPL - Alerian Reports June 30, 2019 Index Linked Product Positions

DALLAS , Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019 , total products directly tied to and tracking the Alerian indices was $13.7 billion . Exchange traded funds, exchange traded notes, return of capital notes, and variable insurance portfolios represent $12.7...

BPL - Midwest refiners eye boost from Laurel Pipeline bidirectional service

Refiners including Marathon Petroleum (NYSE: MPC ) and PBF Energy (NYSE: PBF ) are expected to benefit from increased capability to send product to the U.S. east coast, after Buckeye Partners' (NYSE: BPL ) Laurel Pipeline reached a settlement earlier this week that allows bidirectional ser...

BPL - ClearBridge Energy MLP Strategy Portfolio Manager Commentary Q2 2019

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BPL - Buckeye Partners EPS misses by $0.02, misses on revenue

Buckeye Partners (NYSE: BPL ): Q2 GAAP EPS of $0.58 misses by $0.02 . Revenue of $791.7M (-15.9% Y/Y) misses by $358.3M . Press Release More news on: Buckeye Partners, L.P., Earnings news and commentary, Energy stocks news,

BPL - Buckeye Partners, L.P. Reports Second Quarter 2019 Financial Results

HOUSTON, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported its financial results for the second quarter of 2019.  Net income attributable to Buckeye was $90.0 million for the second quarter of 2019 compared to $91.9 milli...

BPL - Occidental Petroleum: High Value JV Offset By Poor Midstream Performance

Occidental Petroleum ( OXY ) filed their Q2 2019 earnings after the close July 31. The highlight of the report was a $1.5 billion joint venture with EcoPetrol ( EC ) in the Midland basin. Additionally, well productivity in OXY's core Delaware Basin area continued to tick up. The bad news cam...

BPL - Notable earnings before Thursday's open

AAON , AAWW , ABC , ABMD , ADM , AGIO , AKRX , ALE , AMCR , ARW , ASIX , AVP , BCE , BCPC , BLD , BLL , BPL , BPMC , BR , BSIG , CBRE , CI , CLVS , CLX , CNHI , CNQ , CNSL , CROX , CRS , CWT , DD , DEA , DLPH , DNKN , EIGI , EXC , GIL , GLOG , GM , GN...

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