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Buckeye Partners, formerly known as the Buckeye Pipeline Company, is a distributor of petroleum in the East and Midwest areas of the United States. A direct descendant of Standard Oil , the company is considered one of the largest independent oil pipelines in the United States. [ 3 ]
The 10-second takeawayFor the quarter ended March 31 (Q1), Buckeye Partners beat expectations on revenues and whiffed on earnings per share. Compared How The Wheels Came Off Buckeye Partners' Bus
I've been taking a deeper look at Buckeye Partners' three business segments. In today's final article we'll take a deeper look at Buckeye services. This segment includes a variety of assets ...
BORCO Terminal. Source: Buckeye Partners Buckeye Partners reported excellent second-quarter earnings; its growth projects are really paying off. The company saw strong income growth in both its ...
November 21 – A Buckeye Partners pipeline ruptured from incorrect operation in Moon Township, Pennsylvania. About 38,000 gallons of kerosene were spilled. [138] [139] November 29 – A leak of at least 20,000 US gallons (76,000 L) of diesel fuel was discovered on a Koch Industries pipeline near Plover, Wisconsin. The leak brought this ...
May 22 – A Buckeye Partners oil pipeline ruptured in Sylvania, Ohio, spouting up in the lawn of a homeowner. [73] September 25 – A worker on a gas transmission pipeline was closing a valve, when it exploded near Newton, Pennsylvania. The worker was killed, and another worker was injured. [74]
Margins matter. The more Buckeye Partners (NYS: BPL) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
One MLP that should be catching the eye of investors is Buckeye Partners , These days most investors know about the big fat distributions coming out of MLPs. However, few investors know exactly ...