Buckeye Partners

Buckeye Partners, L.P.  is a publicly traded master limited partnership and owns and operates a diversified network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage, and marketing of liquid petroleum products. Buckeye is one of the largest independent liquid petroleum products pipeline operators in the United States in terms of volumes delivered with approximately 6,000 miles of pipeline and more than 120 liquid petroleum products terminals with aggregate storage capacity of over 110 million barrels across our portfolio of pipelines, inland terminals and an integrated network of marine terminals located primarily in the East Coast and Gulf Coast regions of the United States and in the Caribbean.

Buckeye has a controlling interest in a company with a vertically integrated system of marine midstream assets in Corpus Christi and the Eagle Ford Shale formation in Texas. Buckeye’s flagship marine terminal, BORCO, is in The Bahamas and is one of the largest marine crude oil and refined petroleum products storage facilities in the world and provides an array of logistics and blending services for the global flow of petroleum products. Buckeye’s network of marine terminals enables it to facilitate global flows of crude oil, refined petroleum products, and other commodities, and to offer its customers connectivity to some of the world’s most important bulk storage and blending hubs.

Buckeye is also a wholesale distributor of refined petroleum products in areas served by its pipelines and terminals. Finally, Buckeye also operates or maintains third-party pipelines under agreements with major oil and gas, petrochemical and chemical companies, and performs certain engineering and construction management services for third parties.

Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
1886
Size (employees)
1,590 (est)-9%
Buckeye Partners was founded in 1886 and is headquartered in Houston, US

Key People 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 Houston, Toledo, Reading, Indianapolis and in 14 other locations
Houston, US (HQ)
600 1 Greenway Plaza
Breinigsville, US
9999 Hamilton Blvd.
Show all (18)

Buckeye Partners Data and Metrics

Buckeye Partners Financial Metrics

Buckeye Partners's revenue was reported to be $969.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

969.3 m

Gross profit (Q1, 2017)

421.2 m

Gross profit margin (Q1, 2017), %

43%

Net income (Q1, 2017)

126.3 m

EBIT (Q1, 2017)

172 m

Market capitalization (19-Sep-2017)

8 b

Cash (31-Mar-2017)

4.9 m
Buckeye Partners's current market capitalization is $8 b.
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.8 b1.6 b1.1 b796.8 m728.4 m780.6 m777.1 m766.6 m969.3 m

Cost of goods sold

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

Gross profit

298.9 m355 m370.6 m348.2 m362.1 m412 m423.2 m439.9 m421.2 m

Gross profit Margin, %

17%23%34%44%50%53%54%57%43%
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

21.9 m6.5 m2.2 m8.6 m7.1 m5.7 m14.8 m2 k4.9 m

Accounts Receivable

376.5 m404.2 m270.4 m219.1 m223.5 m252.5 m222.3 m253 m205.8 m

Inventories

443.9 m428.2 m156.1 m284.7 m236.2 m191.7 m247.3 m295.3 m305.1 m

Current Assets

1.1 b1.1 b506.9 m603 m565.2 m521.2 m577.1 m641 m605.4 m
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

Accounts Receivable

48 m(23.6 m)

Inventories

(45 m)70.1 m52.8 m(162.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

23.8 m103.7 m111.2 m91.3 m99.9 m135 m144.5 m160.3 m126.3 m

Depreciation and Amortization

43.4 m45.4 m53.8 m55.6 m54.8 m61.4 m63.3 m63.5 m65.5 m

Accounts Receivable

219.1 m223.5 m252.5 m222.3 m253 m205.8 m

Inventories

284.7 m236.2 m191.7 m247.3 m295.3 m305.1 m
USDY, 2017

Revenue/Employee

609.6 k
Show all financial metrics

Buckeye Partners Market Value History

Traffic Overview of Buckeye Partners

Buckeye Partners Company Life and Culture

You may also be interested in