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

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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