Buckeye Partners LP (NYSE:BPL)

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 Domestic Pipelines & Terminals, Global Marine Terminals and Merchant Services. The Domestic Pipelines & Terminals segment receives liquid petroleum products from refineries, connecting pipelines, vessels, and bulk and marine terminals and transports those products to other locations for a fee and provides bulk storage and terminal throughput services. The Global Marine Terminals segment provides marine accessible bulk storage and blending services, rail and truck rack loading/unloading along with petroleum processing services in the East Coast and Gulf Coast regions of the United States and in the Caribbean. The Merchant Services segment is a wholesale distributor of refined petroleum products in the continental United States and in the Caribbean. Buckeye Partners was founded in December 1986 and is headquartered in Houston, TX.