Buckeye Partners LP
(NYSE: BPL)
+0.71
+1.05%
| Exchange: | NYSE |
| Stock: | Buckeye Partners, L.P. |
| Industry: | Oil & Gas Pipelines |
| Employees: | 1,020 |
| Buckeye Partners, L.P. (Buckeye) is a master limited partnership. The Company owns and operates independent refined petroleum products pipeline systems in the United States, with approximately 6,100 miles of pipeline and 100 active products terminals that provide aggregate storage capacity of over 64 million barrels. The Company operates in five segments: Pipelines & Terminals, International Operations, Natural Gas Storage, Energy Services and Development & Logistics. On July 19, 2011, it acquired a terminal in Bangor, Maine (Bangor Terminal) with approximately 140,000 barrels of storage capacity. On May 11, 2011, the Company sold its 20% interest in West Texas LPG Pipeline Limited Partnership (WT LPG). On January 18, 2011, the Company completed the purchase of First Reserve’s interest in BORCO. In July 2012, it acquired a marine terminal facility for liquid petroleum products in New York Harbor from Chevron U.S.A. Inc. |
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