Buckeye Partners, L.P. (BPL)
BPL Price and Sentiment
BPL Latest news
Buckeye Partners Announces Strategic Investment in OneH2, a Provider of Turn-Key Hydrogen Fuel Solutions2021-01-27 09:00
HOUSTON, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Buckeye Partners L.P. (“Buckeye”) announced today that it had made an equity investment in OneH2, Inc. (“OneH2”), a provider of hydrogen fuel supply and logistics solutions. OneH2 provides scalable hydrogen fuel production systems coupled with cost-effective delivered hydrogen fuel for use in transportation markets across a growing network in North America. OneH2 currently serves the forklift market and is developing projects for the heavy truck market as well as other transportation sectors.
New terminal loads its first Very Large Crude Carrier (“VLCC”) tanker with crude oil for export New terminal loads its first Very Large Crude Carrier (“VLCC”) tanker with crude oil for export
Buffett Finally Fires His Elephant Gun: Buys $10 Billion Of Natural Gas Infrastructure Assets
HOUSTON, March 09, 2020 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that the 2019 unitholder tax packages, which include the schedule K-1, are now available online. Investors may access their tax packages through the K-1 Tax Package Support website https://www.taxpackagesupport.com/buckeye . The link is also posted on Buckeye’s Partnership Tax & K-1 Information page in the Investor Center section of Buckeye’s website at www.buckeye.com . The partnership expects to complete mailing the 2019 tax packages by March 12, 2020. All tax package changes can be made through the Tax Package Support website referenced above, or directed to Buckeye’s K-1 call center at (800) 230-7224.
HOUSTON, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Buckeye Partners, L.P. (NYSE: BPL) today announced that all regulatory approvals required to complete the acquisition of Buckeye by entities affiliated with the IFM Global Infrastructure Fund previously announced on May 10, 2019 (the “proposed merger”) have been received. The merger agreement relating to the proposed merger and the transactions contemplated thereby were previously approved by the affirmative vote of the holders of a majority of Buckeye’s outstanding limited partner units on July 31, 2019. The completion of the proposed merger is currently expected to occur prior to market opening on Friday, November 1, 2019, subject to the provisions of the merger agreement, including the satisfaction or waiver of customary closing conditions. As previously announced, upon completion of the proposed merger, Buckeye’s outstanding limited partner unitholders will receive $41.50 per unit. In accordance with the terms of the merger agreement, if the completion of the p
Buckeye Partners' (BPL) total revenues in Q2 lag expectation due to lower contribution from the reportable segments.
Outlook for Oil & Gas Pipeline MLP Industry Looks Bright
Buckeye Partners announced that it has agreed to be acquired by IFM Investors for $41.50 per unit in an all-cash deal expected to close in the fourth quarter of 2019 subject to customary closing conditions.
The master limited partnership is being acquired.
These two high-yield limited partnerships are working toward brighter days. Is one a better buy than the other, or are they equally interesting?