Buckeye Partners L.P. (BPL) 70.00 $BPL
Watch for Buckeye Partners to Potentially Pullback After Gaining 1.04% Yesterday
Comtex SmarTrend(R) - Wed Jun 22, 2:59PM CDT
Buckeye Partners (NYSE:BPL) traded in a range yesterday that spanned from a low of $70.51 to a high of $72.31. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $71.95 on volume of 207,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BPL: 70.00 (-2.22)
Technical Breakdown on Oil & Gas Pipelines' Stocks
ACCESSWIRE - Wed Jun 01, 8:17AM CDT
LONDON, UK / ACCESSWIRE / June 1, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Enbridge Energy Partners, TransCanada, Buckeye Partners, and SemGroup.
TRP: 44.09 (-0.87), BPL: 70.00 (-2.22), SEMG: 31.28 (-1.68), EEP: 22.48 (-0.81)
Buckeye (BPL) Stock Down on Q1 Earnings & Revenue Miss
Zacks Equity Research - Zacks Investment Research - Mon May 09, 8:20AM CDT
Buckeye Partners, L.P. (BPL) reported first-quarter 2016 earnings from continuing operations of $1.01 per unit, lagging the Zacks Consensus Estimate of $1.05 by 3.8%.
BWP: 17.59 (-0.32), BPL: 70.00 (-2.22), OKS: 39.44 (-0.81), PBFX: 22.31 (-0.14)
Reminder: Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2016 First Quarter Financial Results
GlobeNewswire - Thu May 05, 3:30PM CDT
Buckeye Partners, L.P. ("Buckeye"
(NYSE:BPL) will release its 2016 first quarter earnings on May 6, 2016. Interested parties are invited to listen to the conference call on the 2016 first quarter financial results.
BPL: 70.00 (-2.22)
A Peek into Oil Stocks Reporting Earnings on May 6: BPL, EEQ
Nilanjan Choudhury - Zacks Investment Research - Thu May 05, 7:45AM CDT
Let's have a look at how Buckeye Partners L.P. (BPL) and Enbridge Energy Management LLC (EEQ) are poised ahead of their scheduled Q1 announcements tomorrow.
VLO: 52.56 (-1.15), RDS.A: 51.62 (-3.55), BPL: 70.00 (-2.22), HAL: 43.92 (-1.92), XOM: 89.39 (-2.41), CVX: 101.90 (-2.54), EEQ: 22.40 (-0.62), SLB: 76.66 (-2.93)
Swank Capital and Cushing® Asset Management Announce Constituent Changes to the Cushing® MLP High Income Index
PR Newswire - Tue Apr 26, 10:43AM CDT
Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing® MLP High Income Index (the "Index". Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the earlier of the distribution ex-date or the last trading day of the current month. On April 26, 2016, both Alliance Resource Partners, L.P. (NASDAQ: ARLP) and Alliance Holdings GP, L.P. (NASDAQ: AHGP) announced distribution cuts. As a result of the announcements, after the market closes on April 29, 2016, (the last trading day of the current month) and effective on May 2, 2016, TC PipeLines, LP (NYSE: TCP) and MPLX LP (NYSE: MPLX) will replace ARLP and AHGP, respectively.
NGL: 18.87 (-0.90), CEQP: 20.43 (-0.88), ARLP: 15.52 (-0.48), TEP: 44.59 (-2.04), MPLX: 32.48 (-0.97), AHGP: 20.25 (-0.33), BPL: 70.00 (-2.22), TLLP: 48.52 (-1.28), CLMT: 4.81 (-0.17), TCP: 57.17 (-0.22)
Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2016 First Quarter Financial Results
GlobeNewswire - Fri Apr 08, 5:30AM CDT
Buckeye Partners, L.P. ("Buckeye" (NYSE:BPL) will release its 2016 first quarter earnings on May 6, 2016. Interested parties are invited to listen to the conference call on the 2016 first quarter financial results.
BPL: 70.00 (-2.22)
Alerian Announces Real-Time Launch of the Alerian Size Indices
PR Newswire - Mon Mar 21, 11:52AM CDT
Alerian announced today the real-time launch of the Alerian Size Indices, composed of the Alerian Large Cap MLP Index (AMLI), Alerian Mid Cap MLP Index (AMMI), and Alerian Small Cap MLP Index (AMSI). The three indices, which will be disseminated real-time on a price-return basis and on a total-return basis, will capture more than 99% of total energy Master Limited Partnership (MLP) market capitalization.
ARLP: 15.52 (-0.48), ARCX: 12.46 (-0.25), PSXP: 53.25 (-1.08), MPLX: 32.48 (-0.97), SPH: 32.90 (-0.31), BBEP: 0.13 (unch), EEP: 22.48 (-0.81), CVRR: 8.16 (-0.13), TEGP: 21.61 (-0.63), DM: 27.01 (-0.84), VLP: 45.55 (-1.09), APU: 45.04 (-0.71), OKS: 39.44 (-0.81), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), APLP: 13.48 (-0.62), HEP: 34.52 (-1.11), ENBL: 13.52 (-0.48), BWP: 17.59 (-0.32), BSM: 15.01 (-0.06), SEP: 46.38 (-1.14), CPPL: 14.84 (-0.36), ETE: 13.83 (-0.52), GEL: 37.20 (-1.21), BKEP: 5.08 (-0.05), BPL: 70.00 (-2.22), AMID: 12.20 (-0.12), WES: 48.28 (-2.29), CLMT: 4.81 (-0.17), AM: 25.09 (-1.18), EPD: 28.48 (-0.94), SXL: 27.49 (-1.14), CEQP: 20.43 (-0.88), TNH: 103.94 (-2.09), NS: 49.34 (-1.96), PAA: 26.85 (-1.65), TEP: 44.59 (-2.04), ETP: 38.97 (-2.27), AHGP: 20.25 (-0.33), DPM: 34.76 (-2.01), FGP: 17.30 (-0.06), TLLP: 48.52 (-1.28), MMP: 75.72 (-1.68), CQP: 28.97 (-0.64), CCLP: 8.02 (+0.02), CNNX: 17.31 (-0.42), SHLX: 31.96 (-0.55), ENLC: 15.40 (-0.78), TCP: 57.17 (-0.22), ENLK: 15.81 (-0.64), PAGP: 10.55 (-0.48), CNXC: 8.79 (-0.32), WGP: 37.20 (-1.13), ALDW: 9.86 (-0.08), CAPL: 24.04 (-0.67), EQM: 75.36 (-1.38), NTI: 21.15 (+0.23), EQGP: 23.20 (-1.10)
MLPs Might Be Cheap, but This MLP ETF Is One to Avoid
Christopher Malcolm, The Motley Fool - Motley Fool - Mon Mar 14, 11:55AM CDT
If you're a contrarian investor, there's a pretty good chance you're taking a hard look at the master limited partnership sector right now. You aren't alone. A couple of the best investors in the business have been buying some MLPs. When an entire...
NGL: 18.87 (-0.90), AMLP: 12.63 (-0.28), SHLX: 31.96 (-0.55), MPLX: 32.48 (-0.97), ENLC: 15.40 (-0.78), SEP: 46.38 (-1.14), NS: 49.34 (-1.96), GEL: 37.20 (-1.21), PAA: 26.85 (-1.65), EEP: 22.48 (-0.81), TCP: 57.17 (-0.22), ETP: 38.97 (-2.27), DPM: 34.76 (-2.01), BPL: 70.00 (-2.22), EQM: 75.36 (-1.38), OKS: 39.44 (-0.81), WES: 48.28 (-2.29), TLLP: 48.52 (-1.28), MMP: 75.72 (-1.68), WPZ: 34.06 (-0.87), EPD: 28.48 (-0.94), SXL: 27.49 (-1.14)
Buckeye Partners Up 12.4% Since SmarTrend Uptrend Call (BPL)
Comtex SmarTrend(R) - Wed Mar 02, 12:00PM CST
SmarTrend identified an Uptrend for Buckeye Partners (NYSE:BPL) on February 16th, 2016 at $57.25. In approximately 2 weeks, Buckeye Partners has returned 12.38% as of today's recent price of $64.34.
BPL: 70.00 (-2.22)
Forget Breitburn Energy Partners LP: Here Are 3 Better Dividend Stocks
Reuben Gregg Brewer, The Motley Fool - Motley Fool - Sun Feb 21, 11:05AM CST
Breitburn Energy Partners LP 's distribution is toast. The oil and gas driller was supposed to provide a steady stream of income using the limited partnership model to expand production and help unit holders limit their tax hit. Plunging oil prices...
BPL: 70.00 (-2.22), XOM: 89.39 (-2.41), BBEP: 0.13 (unch), BP: 32.98 (-1.65), EPD: 28.48 (-0.94)
Forget Energy Transfer Equity, L.P.: Here Are 3 Better Dividend Stocks
Matthew DiLallo, The Motley Fool - Motley Fool - Wed Feb 03, 11:07AM CST
Energy Transfer Equity can be a very complex company to understand because its income is derived from its ownership interests in a number of affiliated MLPs. For a lot of investors, this complexity alone is a turnoff. However, it actually makes it...
ETP: 38.97 (-2.27), BPL: 70.00 (-2.22), ETE: 13.83 (-0.52), MMP: 75.72 (-1.68), EPD: 28.48 (-0.94)
Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2015 Fourth Quarter and Full Year Financial Results
GlobeNewswire - Fri Jan 15, 8:00AM CST
Buckeye Partners, L.P. ("Buckeye" (NYSE:BPL) will release its 2015 fourth quarter and full year earnings on February 12, 2016. Interested parties are invited to listen to the conference call on the 2015 fourth quarter and full year financial results.
BPL: 70.00 (-2.22)
Buckeye Partners Rises 4.76% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Dec 21, 5:20PM CST
Buckeye Partners (NYSE:BPL) traded in a range yesterday that spanned from a low of $55.51 to a high of $59.19. Yesterday, the shares gained 4.8%, which took the trading range above the 3-day high of $57.75 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BPL: 70.00 (-2.22)
16.1% Return Seen to Date on SmarTrend Buckeye Partners Call (BPL)
Comtex SmarTrend(R) - Wed Dec 16, 9:34AM CST
SmarTrend identified a Downtrend for Buckeye Partners (NYSE:BPL) on October 27th, 2015 at $65.50. In approximately 2 months, Buckeye Partners has returned 16.09% as of today's recent price of $54.96.
BPL: 70.00 (-2.22)
Upgrade Alert for Buckeye Partners (BPL)
Comtex SmarTrend(R) - Tue Dec 15, 7:14AM CST
Buckeye Partners (NYSE:BPL) was upgraded from Neutral to Buy at DA Davidson today. The stock closed yesterday at $54.00 on volume of 1.2 million shares, above average daily volume of 861,000. Buckeye Partners share prices have moved between a 52-week high of $82.98 and a 52-week low of $52.04 and closed yesterday at 4% above that low price at $54.00 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.4%.
BPL: 70.00 (-2.22)
Buckeye Partners Down 11.9% Since SmarTrend Downtrend Call (BPL)
Comtex SmarTrend(R) - Tue Dec 08, 5:00PM CST
SmarTrend identified a Downtrend for Buckeye Partners (NYSE:BPL) on October 27th, 2015 at $65.50. In approximately 1 month, Buckeye Partners has returned 11.93% as of today's recent price of $57.69.
BPL: 70.00 (-2.22)
Buckeye Partners, L.P. Announces Condensate Splitter Facility in South Texas is Commissioned and Generating Revenue
GlobeNewswire - Mon Dec 07, 12:45PM CST
Buckeye Partners, L.P. ("Buckeye" (NYSE:BPL) announced today that the 50,000 barrel per day condensate splitter facility at Buckeye Texas Partners LLC is commissioned and in commercial service under a long-term take-or-pay tolling agreement. "The completion of commissioning and start-up of our condensate splitters represents a significant milestone in the first phase of the expansion at our South Texas facilities," stated Clark C. Smith, Chairman, President and Chief Executive Officer. "I would like to recognize the hard work and commitment of the Buckeye employees and contractors who worked tirelessly to complete this complex project safely and successfully. The completion of the condensate splitters and the liquid petroleum gas ("LPG" refrigerated storage, as previously announced, represent substantial progress towards completion of Buckeye's planned build-out of the South Texas assets." In addition to the splitter capabilities, these facilities will offer five marine docks, over 6 million barrels of petroleum storage capacity with rail and truck loading/unloading capability and three field gathering facilities with pipeline connectivity to the condensate splitters and docks. All aspects of this expansion are fully contracted under long-term agreements with Trafigura Trading LLC. "These initiatives are the largest growth capital projects in Buckeye's long history and are expected to contribute significant incremental cash flows. The completion of these splitting units further bolsters our South Texas assets as a leading export hub on the Gulf Coast, with the ability to aggregate, store, process and distribute many different petroleum products," continued Mr. Smith.
BPL: 70.00 (-2.22)
Buckeye Partners (BPL) Reels under Low Commodity Prices
Zacks Equity Research - Zacks Investment Research - Mon Nov 23, 3:50PM CST
Low commodity prices, impending threat of mergers among Buckeye Partners' customers and natural disasters in its service areas continue to be nagging concerns.
SHLX: 31.96 (-0.55), BPL: 70.00 (-2.22), PBFX: 22.31 (-0.14), ETE: 13.83 (-0.52)
Watch for Buckeye Partners to Potentially Pullback After Gaining 1.04% Yesterday
Comtex SmarTrend(R) - Wed Jun 22, 2:59PM CDT
Buckeye Partners (NYSE:BPL) traded in a range yesterday that spanned from a low of $70.51 to a high of $72.31. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $71.95 on volume of 207,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BPL: 70.00 (-2.22)
Technical Breakdown on Oil & Gas Pipelines' Stocks
ACCESSWIRE - Wed Jun 01, 8:17AM CDT
LONDON, UK / ACCESSWIRE / June 1, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Enbridge Energy Partners, TransCanada, Buckeye Partners, and SemGroup.
TRP: 44.09 (-0.87), BPL: 70.00 (-2.22), SEMG: 31.28 (-1.68), EEP: 22.48 (-0.81)
Buckeye (BPL) Stock Down on Q1 Earnings & Revenue Miss
Zacks Equity Research - Zacks Investment Research - Mon May 09, 8:20AM CDT
Buckeye Partners, L.P. (BPL) reported first-quarter 2016 earnings from continuing operations of $1.01 per unit, lagging the Zacks Consensus Estimate of $1.05 by 3.8%.
BWP: 17.59 (-0.32), BPL: 70.00 (-2.22), OKS: 39.44 (-0.81), PBFX: 22.31 (-0.14)
Reminder: Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2016 First Quarter Financial Results
GlobeNewswire - Thu May 05, 3:30PM CDT
Buckeye Partners, L.P. ("Buckeye"
(NYSE:BPL) will release its 2016 first quarter earnings on May 6, 2016. Interested parties are invited to listen to the conference call on the 2016 first quarter financial results. BPL: 70.00 (-2.22)
A Peek into Oil Stocks Reporting Earnings on May 6: BPL, EEQ
Nilanjan Choudhury - Zacks Investment Research - Thu May 05, 7:45AM CDT
Let's have a look at how Buckeye Partners L.P. (BPL) and Enbridge Energy Management LLC (EEQ) are poised ahead of their scheduled Q1 announcements tomorrow.
VLO: 52.56 (-1.15), RDS.A: 51.62 (-3.55), BPL: 70.00 (-2.22), HAL: 43.92 (-1.92), XOM: 89.39 (-2.41), CVX: 101.90 (-2.54), EEQ: 22.40 (-0.62), SLB: 76.66 (-2.93)
Swank Capital and Cushing® Asset Management Announce Constituent Changes to the Cushing® MLP High Income Index
PR Newswire - Tue Apr 26, 10:43AM CDT
Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to the constituents of The Cushing® MLP High Income Index (the "Index"
. Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the earlier of the distribution ex-date or the last trading day of the current month. On April 26, 2016, both Alliance Resource Partners, L.P. (NASDAQ: ARLP) and Alliance Holdings GP, L.P. (NASDAQ: AHGP) announced distribution cuts. As a result of the announcements, after the market closes on April 29, 2016, (the last trading day of the current month) and effective on May 2, 2016, TC PipeLines, LP (NYSE: TCP) and MPLX LP (NYSE: MPLX) will replace ARLP and AHGP, respectively. NGL: 18.87 (-0.90), CEQP: 20.43 (-0.88), ARLP: 15.52 (-0.48), TEP: 44.59 (-2.04), MPLX: 32.48 (-0.97), AHGP: 20.25 (-0.33), BPL: 70.00 (-2.22), TLLP: 48.52 (-1.28), CLMT: 4.81 (-0.17), TCP: 57.17 (-0.22)
Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2016 First Quarter Financial Results
GlobeNewswire - Fri Apr 08, 5:30AM CDT
Buckeye Partners, L.P. ("Buckeye"
(NYSE:BPL) will release its 2016 first quarter earnings on May 6, 2016. Interested parties are invited to listen to the conference call on the 2016 first quarter financial results. BPL: 70.00 (-2.22)
Alerian Announces Real-Time Launch of the Alerian Size Indices
PR Newswire - Mon Mar 21, 11:52AM CDT
Alerian announced today the real-time launch of the Alerian Size Indices, composed of the Alerian Large Cap MLP Index (AMLI), Alerian Mid Cap MLP Index (AMMI), and Alerian Small Cap MLP Index (AMSI). The three indices, which will be disseminated real-time on a price-return basis and on a total-return basis, will capture more than 99% of total energy Master Limited Partnership (MLP) market capitalization.
ARLP: 15.52 (-0.48), ARCX: 12.46 (-0.25), PSXP: 53.25 (-1.08), MPLX: 32.48 (-0.97), SPH: 32.90 (-0.31), BBEP: 0.13 (unch), EEP: 22.48 (-0.81), CVRR: 8.16 (-0.13), TEGP: 21.61 (-0.63), DM: 27.01 (-0.84), VLP: 45.55 (-1.09), APU: 45.04 (-0.71), OKS: 39.44 (-0.81), WPZ: 34.06 (-0.87), SUN: 30.06 (-0.76), APLP: 13.48 (-0.62), HEP: 34.52 (-1.11), ENBL: 13.52 (-0.48), BWP: 17.59 (-0.32), BSM: 15.01 (-0.06), SEP: 46.38 (-1.14), CPPL: 14.84 (-0.36), ETE: 13.83 (-0.52), GEL: 37.20 (-1.21), BKEP: 5.08 (-0.05), BPL: 70.00 (-2.22), AMID: 12.20 (-0.12), WES: 48.28 (-2.29), CLMT: 4.81 (-0.17), AM: 25.09 (-1.18), EPD: 28.48 (-0.94), SXL: 27.49 (-1.14), CEQP: 20.43 (-0.88), TNH: 103.94 (-2.09), NS: 49.34 (-1.96), PAA: 26.85 (-1.65), TEP: 44.59 (-2.04), ETP: 38.97 (-2.27), AHGP: 20.25 (-0.33), DPM: 34.76 (-2.01), FGP: 17.30 (-0.06), TLLP: 48.52 (-1.28), MMP: 75.72 (-1.68), CQP: 28.97 (-0.64), CCLP: 8.02 (+0.02), CNNX: 17.31 (-0.42), SHLX: 31.96 (-0.55), ENLC: 15.40 (-0.78), TCP: 57.17 (-0.22), ENLK: 15.81 (-0.64), PAGP: 10.55 (-0.48), CNXC: 8.79 (-0.32), WGP: 37.20 (-1.13), ALDW: 9.86 (-0.08), CAPL: 24.04 (-0.67), EQM: 75.36 (-1.38), NTI: 21.15 (+0.23), EQGP: 23.20 (-1.10)
MLPs Might Be Cheap, but This MLP ETF Is One to Avoid
Christopher Malcolm, The Motley Fool - Motley Fool - Mon Mar 14, 11:55AM CDT
If you're a contrarian investor, there's a pretty good chance you're taking a hard look at the master limited partnership sector right now. You aren't alone. A couple of the best investors in the business have been buying some MLPs. When an entire...
NGL: 18.87 (-0.90), AMLP: 12.63 (-0.28), SHLX: 31.96 (-0.55), MPLX: 32.48 (-0.97), ENLC: 15.40 (-0.78), SEP: 46.38 (-1.14), NS: 49.34 (-1.96), GEL: 37.20 (-1.21), PAA: 26.85 (-1.65), EEP: 22.48 (-0.81), TCP: 57.17 (-0.22), ETP: 38.97 (-2.27), DPM: 34.76 (-2.01), BPL: 70.00 (-2.22), EQM: 75.36 (-1.38), OKS: 39.44 (-0.81), WES: 48.28 (-2.29), TLLP: 48.52 (-1.28), MMP: 75.72 (-1.68), WPZ: 34.06 (-0.87), EPD: 28.48 (-0.94), SXL: 27.49 (-1.14)
Buckeye Partners Up 12.4% Since SmarTrend Uptrend Call (BPL)
Comtex SmarTrend(R) - Wed Mar 02, 12:00PM CST
SmarTrend identified an Uptrend for Buckeye Partners (NYSE:BPL) on February 16th, 2016 at $57.25. In approximately 2 weeks, Buckeye Partners has returned 12.38% as of today's recent price of $64.34.
BPL: 70.00 (-2.22)
Forget Breitburn Energy Partners LP: Here Are 3 Better Dividend Stocks
Reuben Gregg Brewer, The Motley Fool - Motley Fool - Sun Feb 21, 11:05AM CST
Breitburn Energy Partners LP 's distribution is toast. The oil and gas driller was supposed to provide a steady stream of income using the limited partnership model to expand production and help unit holders limit their tax hit. Plunging oil prices...
BPL: 70.00 (-2.22), XOM: 89.39 (-2.41), BBEP: 0.13 (unch), BP: 32.98 (-1.65), EPD: 28.48 (-0.94)
Forget Energy Transfer Equity, L.P.: Here Are 3 Better Dividend Stocks
Matthew DiLallo, The Motley Fool - Motley Fool - Wed Feb 03, 11:07AM CST
Energy Transfer Equity can be a very complex company to understand because its income is derived from its ownership interests in a number of affiliated MLPs. For a lot of investors, this complexity alone is a turnoff. However, it actually makes it...
ETP: 38.97 (-2.27), BPL: 70.00 (-2.22), ETE: 13.83 (-0.52), MMP: 75.72 (-1.68), EPD: 28.48 (-0.94)
Buckeye Partners, L.P. to Release Earnings and Hold Conference Call for 2015 Fourth Quarter and Full Year Financial Results
GlobeNewswire - Fri Jan 15, 8:00AM CST
Buckeye Partners, L.P. ("Buckeye"
(NYSE:BPL) will release its 2015 fourth quarter and full year earnings on February 12, 2016. Interested parties are invited to listen to the conference call on the 2015 fourth quarter and full year financial results. BPL: 70.00 (-2.22)
Buckeye Partners Rises 4.76% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Dec 21, 5:20PM CST
Buckeye Partners (NYSE:BPL) traded in a range yesterday that spanned from a low of $55.51 to a high of $59.19. Yesterday, the shares gained 4.8%, which took the trading range above the 3-day high of $57.75 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BPL: 70.00 (-2.22)
16.1% Return Seen to Date on SmarTrend Buckeye Partners Call (BPL)
Comtex SmarTrend(R) - Wed Dec 16, 9:34AM CST
SmarTrend identified a Downtrend for Buckeye Partners (NYSE:BPL) on October 27th, 2015 at $65.50. In approximately 2 months, Buckeye Partners has returned 16.09% as of today's recent price of $54.96.
BPL: 70.00 (-2.22)
Upgrade Alert for Buckeye Partners (BPL)
Comtex SmarTrend(R) - Tue Dec 15, 7:14AM CST
Buckeye Partners (NYSE:BPL) was upgraded from Neutral to Buy at DA Davidson today. The stock closed yesterday at $54.00 on volume of 1.2 million shares, above average daily volume of 861,000. Buckeye Partners share prices have moved between a 52-week high of $82.98 and a 52-week low of $52.04 and closed yesterday at 4% above that low price at $54.00 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.4%.
BPL: 70.00 (-2.22)
Buckeye Partners Down 11.9% Since SmarTrend Downtrend Call (BPL)
Comtex SmarTrend(R) - Tue Dec 08, 5:00PM CST
SmarTrend identified a Downtrend for Buckeye Partners (NYSE:BPL) on October 27th, 2015 at $65.50. In approximately 1 month, Buckeye Partners has returned 11.93% as of today's recent price of $57.69.
BPL: 70.00 (-2.22)
Buckeye Partners, L.P. Announces Condensate Splitter Facility in South Texas is Commissioned and Generating Revenue
GlobeNewswire - Mon Dec 07, 12:45PM CST
Buckeye Partners, L.P. ("Buckeye"
(NYSE:BPL) announced today that the 50,000 barrel per day condensate splitter facility at Buckeye Texas Partners LLC is commissioned and in commercial service under a long-term take-or-pay tolling agreement. "The completion of commissioning and start-up of our condensate splitters represents a significant milestone in the first phase of the expansion at our South Texas facilities," stated Clark C. Smith, Chairman, President and Chief Executive Officer. "I would like to recognize the hard work and commitment of the Buckeye employees and contractors who worked tirelessly to complete this complex project safely and successfully. The completion of the condensate splitters and the liquid petroleum gas ("LPG" refrigerated storage, as previously announced, represent substantial progress towards completion of Buckeye's planned build-out of the South Texas assets." In addition to the splitter capabilities, these facilities will offer five marine docks, over 6 million barrels of petroleum storage capacity with rail and truck loading/unloading capability and three field gathering facilities with pipeline connectivity to the condensate splitters and docks. All aspects of this expansion are fully contracted under long-term agreements with Trafigura Trading LLC. "These initiatives are the largest growth capital projects in Buckeye's long history and are expected to contribute significant incremental cash flows. The completion of these splitting units further bolsters our South Texas assets as a leading export hub on the Gulf Coast, with the ability to aggregate, store, process and distribute many different petroleum products," continued Mr. Smith. BPL: 70.00 (-2.22)
Buckeye Partners (BPL) Reels under Low Commodity Prices
Zacks Equity Research - Zacks Investment Research - Mon Nov 23, 3:50PM CST
Low commodity prices, impending threat of mergers among Buckeye Partners' customers and natural disasters in its service areas continue to be nagging concerns.
SHLX: 31.96 (-0.55), BPL: 70.00 (-2.22), PBFX: 22.31 (-0.14), ETE: 13.83 (-0.52)
