BPL News and Press, Buckeye Partners L.P. From 02/08/19

Buckeye Partners (NYSE: BPL ) expects to be able to use the Laurel pipeline bi-directionally for transporting refined products by the middle of this year, CEO Clark Smith said during today's earnings conference call. More news on: Buckeye Partners L.P., Read more ...

Buckeye Partners reports Q4 sales increase 14% Y/Y to $1.1B, primarily led by higher Merchant Services sales, offset by lower sales from Domestic Pipelines & Terminals and Global Marine Terminals More news on: Buckeye Partners L.P. Read more ...

Buckeye Partners (NYSE: BPL ): Q4 EPS of $3.13 may not be comparable to consensus of $0.69. Revenue of $1.07B (+13.1% Y/Y) beats by $208.66M . Press Release More news on: Buckeye Partners L.P., Earnings news and commentary, Energy stocks news,

HOUSTON, Feb. 08, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) today reported its financial results for the fourth quarter and full year 2018.  Net income attributable to Buckeye was $482.5 million for the fourth quarter of 2018 compared to...

Buckeye Partners (NYSE: BPL ) is scheduled to announce Q4 earnings results on Friday, February 8th, before market open. The consensus EPS Estimate is $0.69 (-18.8% Y/Y) and the consensus Revenue Estimate is $861.34M (-9.0% Y/Y). Over the last 2 years, BPL has beaten EPS estimates 13%...

Most know that I’ve been a long-running bear on Buckeye Partners ( BPL ), critiquing their investment in VTTI and calling for a distribution cut. In my opinion, this was going to be necessary due to an out-of-control leverage profile that risked their investment grade credit rating. L...

Midstream had another strong week, outpacing the S&P 500 with a 2.9% total return, although MLPs underperformed broader midstream. Tailwinds from higher oil prices, Exxon's (XOM) strong results, and support for income securities in the broad market helped midstream this week. Now that th...

DALLAS , Feb. 1, 2019 /PRNewswire/ -- Alerian reported index linked product positions of $12.2 billion as of December 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return of capital notes, and variable insurance portfolios. Below is a full list...

I recently wrote highly bullish articles on both Enbridge ( ENB ) and Macquarie Infrastructure ( MIC ) in which I labeled ENB one of my top buys for 2019 and MIC as one of my two favorite infrastructure businesses . However, I have decided to trade both of them for a long position in Buckey...

I say often that cheap can get cheaper and I see no catalyst or reason to drive share prices higher in the short term. I don't believe the market overreacted to this news at all. We are coming up on the one year anniversary of the Macquarie Infrastructure ( MIC ) plunge and my own look at...