Buckeye Partners LP (NYSE:BPL)

76.28
Data as of Oct 20
 +1.63 / +2.18%
Today’s Change
63.77
Today|||52-Week Range
84.91
+7.42%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oil & Gas Pipelines
MARKET CAP
$9.4B

Company Description

Buckeye Partners LP is a master limited partnership that provides mid-stream energy logistics services. The company owns and operates petroleum products common carrier pipeline networks providing refiners, wholesalers, marketers, airlines, railroads and other commercial end-users with dependable, all-weather transportation of refined petroleum products. The company operates its business through Pipelines and Terminals, Global Marine Terminals, Merchant Services, Development and Logistics segments. The Pipelines and Terminals segment owns and operates pipeline located primarily in the northeastern and upper midwestern portions of the United States. This segment transports refined petroleum products, including gasoline, jet fuel, diesel fuel, heating oil and kerosene, from major supply sources to terminals and airports located within end-use markets. The Merchant Services segment is a wholesale distributor of refined petroleum products in the continental United States and in the Caribbean. This segment increases the utilization of its existing pipeline and terminal assets by marketing refined petroleum products in certain areas served by its pipelines and terminals. The Development and Logistics segment provides turn-key operations and maintenance, asset development and construction services for third-party pipeline and energy assets across the U.S. This segment operates and maintains third-party pipelines under agreements with major oil and gas, petrochemical and chemical companies, which are located primarily in Texas and Louisiana. Buckeye Partners was founded in December 1986 and is headquartered in Houston, TX.

Contact Information

Buckeye Partners LP
One Greenway Plaza
Houston Texas 77046
P:(832) 615-8600
Investor Relations:

Employees

Shareholders

Individual stakeholders5.68%
Other institutional34.35%
Mutual fund holders27.18%

Top Executives

Clark C. SmithPresident, Chief Executive Officer & Director
Keith E. St. ClairChief Financial Officer & Executive Vice President
Jeffrey I. BeasonVice President-Finance & Administration
Khalid A. MuslihSenior VP & President-Global Marine Terminals
Robert A. MaleckySVP & President-Domestic Pipelines & Terminals

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.