Buckeye Partners (BPL) Misses Q4 EPS by 25c

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Go back to Buckeye Partners (BPL) Misses Q4 EPS by 25c

Buckeye Partners, L.P. Reports Results for the Fourth Quarter and Full Year 2016

February 10, 2017 6:30 AM EST

HOUSTON, Feb. 10, 2017 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) today reported its financial results for the fourth quarter and full year 2016.  Buckeye reported income from continuing operations for the fourth quarter of 2016 of $108.9 million compared to income from continuing operations for the fourth quarter of 2015 of $135.1 million.  Adjusted EBITDA (as defined below) from continuing operations for the fourth quarter of 2016 was $255.1 million compared to $244.5 million for the fourth quarter of 2015. 

Income from continuing operations attributable to Buckeyes unitholders was $0.78 per diluted unit for the fourth... More