Buckeye Partners (BPL) Misses Q3 EPS by 11c, Revenue Beats

Go back to Buckeye Partners (BPL) Misses Q3 EPS by 11c, Revenue Beats

Buckeye Partners, L.P. Reports Third Quarter 2017 Financial Results

November 3, 2017 6:30 AM EDT

HOUSTON, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) today reported its financial results for the third quarter of 2017.  Buckeye reported net income attributable to Buckeyes unitholders for the third quarter of 2017 of $116.2 million compared to net income attributable to Buckeyes unitholders for the third quarter of 2016 of $156.4 million.  Adjusted EBITDA (as defined below) for the third quarter of 2017 was $277.3 million compared to $271.6 million for the third quarter of 2016. 

Net income attributable to Buckeyes unitholders was $0.81 per diluted unit for the third quarter of 2017... More