Buckeye Partners owns and operates a network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage, processing and marketing of liquid petroleum products. The Company transports refined products by pipeline principally in the Northeastern and upper Midwestern states. Buckeye also operates and maintains pipelines that it does not own, primarily in the Gulf Coast region, under contracts with major oil and petrochemical companies.

Type
Public
HQ
Houston, US
Founded
1886
Size (employees)
1,590 (est)
Buckeye Partners was founded in 1886 and is headquartered in Houston, US
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Key People/Management at Buckeye Partners

Clark Smith

Clark Smith

Chairman, President and Chief Executive Officer
Robert Malecky

Robert Malecky

Executive Vice President

Buckeye Partners Office Locations

Buckeye Partners has offices in Huntington, Tampa, Fairfax, Breinigsville and in 14 other locations
Houston, US (HQ)
600 1 Greenway Plaza
Breinigsville, US
9999 Hamilton Blvd.
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Buckeye Partners Financials and Metrics

Buckeye Partners Financials

Buckeye Partners's revenue was reported to be $3.25 b in FY, 2016 which is a 5.9% decrease from the previous period.
USD

Revenue (Q1, 2018)

1.2 b

Gross profit (Q1, 2018)

397.8 m

Gross profit margin (Q1, 2018), %

33.6%

Net income (Q1, 2018)

117.1 m

EBIT (Q1, 2018)

169.5 m

Market capitalization (21-May-2018)

5.8 b

Closing share price (21-May-2018)

37.8

Cash (31-Mar-2018)

6.6 m

EV

10.4 b
Buckeye Partners's current market capitalization is $5.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.1 b6.6 b3.5 b3.2 b

Revenue growth, %

31%(48%)(6%)

Cost of goods sold

3.9 b5.3 b2 b1.5 b

Gross profit

1.1 b1.3 b1.5 b1.7 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

1.1 b2 b1.8 b1.6 b1.1 b796.8 m728.4 m780.6 m777.1 m766.6 m969.3 m810.2 m1.2 b

Cost of goods sold

1.7 b1.5 b1.2 b717.5 m448.5 m366.3 m368.6 m354 m326.7 m548.1 m392.6 m785.3 m

Gross profit

326.5 m298.9 m355 m370.6 m348.2 m362.1 m412 m423.2 m439.9 m421.2 m417.6 m397.8 m

Gross profit Margin, %

16%17%23%34%44%50%53%54%57%43%52%34%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

5 m8.2 m4.9 m640.3 m

Accounts Receivable

326.2 m213.8 m236.4 m

Inventories

312.1 m243.5 m193 m356.8 m

Current Assets

901.1 m632.3 m551.6 m1.3 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

5 m31.3 m21.9 m6.5 m2.2 m8.6 m7.1 m5.7 m14.8 m2 k4.9 m2.4 m6.6 m

Accounts Receivable

245.3 m416.4 m376.5 m404.2 m270.4 m219.1 m223.5 m252.5 m222.3 m253 m205.8 m197.6 m255.6 m

Inventories

316.7 m417.1 m443.9 m428.2 m156.1 m284.7 m236.2 m191.7 m247.3 m295.3 m305.1 m286.5 m158.2 m

Current Assets

663.5 m1.1 b1.1 b1.1 b506.9 m603 m565.2 m521.2 m577.1 m641 m605.4 m575.5 m520 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

164.4 m274.9 m437.5 m548.7 m

Depreciation and Amortization

147.6 m196.4 m221.3 m254.7 m

Inventories

(45 m)70.1 m52.8 m(162.3 m)

Accounts Payable

11.3 m27.9 m(65.2 m)26 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

78.3 m91.5 m23.8 m103.7 m111.2 m115.3 m219 m111.2 m202.5 m302.4 m135 m279.5 m117.1 m

Depreciation and Amortization

38.8 m43 m43.4 m45.4 m53.8 m55.6 m54.8 m61.4 m63.3 m63.5 m65.5 m64.1 m

Inventories

284.7 m236.2 m191.7 m247.3 m295.3 m305.1 m143.2 m

Accounts Payable

95.9 m116.8 m115.4 m78 m91.9 m55.3 m(71.1 m)
USDY, 2018

EV/EBIT

61.2 x

EV/CFO

43.9 x

EV/FCF

87 x

Revenue/Employee

744.1 k
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Buckeye Partners News and Updates

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