Buckeye Partners (BPL) Misses Q1 EPS by 15c, Revenues Beat
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Buckeye Partners, L.P. Reports First Quarter 2017 Financial Results
May 5, 2017 6:30 AM EDTHOUSTON, May 05, 2017 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (Buckeye) (NYSE: BPL) today reported its financial results for the first quarter of 2017. Buckeye reported net income attributable to Buckeye's unitholders for the first quarter of 2017 of $123.6 million compared to net income attributable to Buckeye's unitholders for the first quarter of 2016 of $131.1 million. Adjusted EBITDA (as defined below) for the first quarter of 2017 was $277.5 million compared to $244.6 million for the first quarter of 2016.
Net income attributable to Buckeyes unitholders was $0.88 per diluted unit for the first quarter of 2017 compared to... More
