Buckeye Partners (BPL) Misses Q1 EPS by 3c
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Buckeye Partners, L.P. Reports First Quarter 2016 Financial Results
May 6, 2016 6:30 AM EDTHOUSTON, May 06, 2016 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) today reported its financial results for the first quarter of 2016. Buckeye reported income from continuing operations for the first quarter of 2016 of $135.0 million compared to income from continuing operations for the first quarter of 2015 of $112.0 million. Income from continuing operations attributable to Buckeyes unitholders was $1.01 per diluted unit for the first quarter of 2016 compared to $0.88 per diluted unit for the first quarter of 2015. The diluted weighted average number of units outstanding in the first quarter of 2016 was 130.1 million compared to 127.6 million... More
