Buckeye Partners (BPL) Tops Q2 EPS by 11c

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Go back to Buckeye Partners (BPL) Tops Q2 EPS by 11c

Buckeye Partners, L.P. Reports Second Quarter 2016 Financial Results

August 5, 2016 6:30 AM EDT

HOUSTON, Aug. 05, 2016 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) today reported its financial results for the second quarter of 2016.  Buckeye reported income from continuing operations for the second quarter of 2016 of $144.5 million compared to income from continuing operations for the second quarter of 2015 of $91.3 million.  Income from continuing operations attributable to Buckeyes unitholders was $1.07 per diluted unit for the second quarter of 2016 compared to $0.71 per diluted unit for the second quarter of 2015.  The diluted weighted average number of units outstanding in the second quarter of 2016 was 131.2 million compared to 128.2 million... More