Buckeye Partners (BPL) Reports Q1 EPS of $0.59, Revenues Beat

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Buckeye Partners, L.P. Reports Second Quarter 2018 Financial Results

August 3, 2018 6:30 AM EDT

HOUSTON, Aug. 03, 2018 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) today reported its financial results for the second quarter of 2018.  Buckeye reported net income attributable to Buckeyes unitholders for the second quarter of 2018 of $91.9 million compared to net income attributable to Buckeyes unitholders for the second quarter of 2017 of $112.7 million.  Adjusted EBITDA (as defined below) for the second quarter of 2018 was $254.9 million compared to $269.2 million for the second quarter of 2017.

Net income attributable to Buckeyes unitholders was $0.59 per diluted unit for the second... More