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  • S&P 500: 1,070.52
  • Change: 1.30%
$56.25 0.98 (1.77%)
2/9/2010 4:00 PM

Buckeye Partners, L.P. (BPL)

CAPS Rating:
***

The Company is engaged in the transportation, terminalling and storage of refined petroleum products for major integrated oil companies, large refined products marketing companies and major end users of petroleum products on a fee basis.

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Buckeye Partners, L.P. At A Glance

Current Price: $56.25
Last Trade Time: 2/9/2010 4:00 PM
Open: $55.51
Previous Close: $55.27
Daily Range: $55.51 - $56.50
52-Week Range: $32.00 - $58.32
Volume: 162,074
Market Cap: $2.89B
P/E Ratio: 15.23
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BPL VS S&P 500 (SPY)

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Top Bull Pitch

Recs

1

Buckeye Partners, L.P. (BPL)

Avatar TrackZacks (62.21) Submitted: 7/21/09 7:47 AM

Buckeye Plans to Restructure
July 20, 2009

Buckeye Partners (BPL - Analyst Report) will retrench 260 staffs -- nearly 25% of its workforce -- as part of the restructuring plan that the company announced today. This is pursuant to the outcome of the "best practices" review of the business processes ...More

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Recs

1

 (BPL)

Avatar guiron (< 20) Submitted: 6/15/09 7:13 PM : Outperform Start Price: $41.05 BPL Score: 21.39

Solid pipeline MLP. Someone called pipeline MLPs the new "widows and orphans" stocks for this age, and I can't disagree. The tax structure makes it good for estates, as there is tax deferral of the distributions with the cost basis resetting upon trasfer, but people who don't mind K-1s can benefit. The only trick is, if the distributions make your cost basis go to $0, taxes are no longer deferred. But these are great income investments, if you understand how they work.

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Recs

0

 (BPL)

Avatar WilliamCrook2007 (< 20) Submitted: 5/26/09 7:29 PM : Outperform Start Price: $40.49 BPL Score: 20.44

IBD

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Recs

0

 (BPL)

Avatar slcu28 (< 20) Submitted: 5/21/09 9:00 AM : Outperform Start Price: $41.02 BPL Score: 16.03

Good yield

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Recs

0

 (BPL)

Avatar GirlScoutDad (98.93) Submitted: 5/18/09 11:52 PM : Outperform Start Price: $40.11 BPL Score: 21.41

industry leader + commitment to paying the dividend + they are far away from Wall Street (both geographically and psychologically).

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0

 (BPL)

Avatar edgebander (97.83) Submitted: 4/22/09 4:53 PM : Outperform Start Price: $34.49 BPL Score: 35.19

Nice little ten percent dividend to ride you through this shit, however, I think this could come down a little from here, depending how oil is. In any case, I believe this a buy and hold and in less then ten years your in for free. They pay you to become an owner, isn't that how it is suppose to be.

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Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackBarclaysCap 94.50 11/04/09 Underperform NS $49.60+13.40%+3.35%-10.05
TrackZacks 62.21 07/20/09 Outperform 3M $42.50+32.35%+13.24%+19.10 Toggle the visibility of 60-Second Pitch and replies
TrackUBS 87.99 07/31/08 Outperform NS $36.88+52.54%-13.81%+66.35
TrackRBCCapMkts 86.33 02/16/07 Underperform NS $41.35+36.03%-21.78%-57.82
TrackLehmanBros 85.06 01/31/07 Underperform NS $41.26+36.32%-20.21%-56.53

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