BPL stock: buy or sell?
October 31st, 2019
Buckeye Partners, L.P. owns and operates liquid petroleum products pipelines in the United States. The company operates through three segments: Domestic Pipelines & Terminals, Global Marine Terminals, and Merchant Services.
Should I buy BPL stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Just 1 of our buy setups matches with Buckeye Partners stock now:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Buckeye Partners stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we gathered 6 ratings published for BPL stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
BPL stock analysis
Buckeye Partners shares stayed steady 0.02% to $41.46 on October/31.
Buckeye Partners shares stayed constant 0.02% to $41.46 on Oct/31. On September BPL price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Buckeye Partners shares remained stable 0.02% late October, ending at $41.46. For 3 weeks in a row, price soared and marked a profit of 0.22%.
Since SMA20d and SMA40w crossed up early May, BPL price climbed $9.25 per share (28.72%). By mid February BPL price bounced up over the SMA of 20 weeks that acted as support stopping new slides.
BPL stock price history
BPL stock went public on December 16th, 1986 with a price of $0.001. Since then, BPL stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in BPL stock in 1986, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
BPL stock historical price chart
BPL stock reached 52-week highs on Oct 31st at $41.48, and all-time highs 2014-11-21 with a price of 57.71.
BPL stock price target is $35.60Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 2 price targets for Buckeye Partners stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Buckeye Partners reported its latest financial data, posting an exceptional gain for the Earnings per Share (EPS) ratio. Analyst were expecting $0.69 per share, but Buckeye Partners posted $0.90.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an amazing gain of 12.61% to $4,108.27 M USD. Nevertheless, its profit margin (compared to revenues) collapsed to -1.44%, that is $-59.04 million.
|2013||$5,070 M||-||$347 M6.9%||-|
|2014||$6,620 M||30.58%||$273 M4.1%||-21.44%|
|2015||$3,453 M||-47.84%||$437 M12.7%||60.18%|
|2016||$3,248 M||-5.94%||$536 M16.5%||22.50%|
|2017||$3,648 M||12.31%||$479 M13.1%||-10.61%|
|2018||$4,108 M||12.61%||$-59.04 M-1.4%||-112.33%|
Quarterly financial resultsBuckeye Partners posted $1,074.78 million in sales for 2018-Q4, a 18.17% improvement compared to previous quarter. Reported quarter income marked $482.52 million with a profit margin of 44.89%. Profit margin skyrocketed a 126.90% compared to previous quarter when profit margin was -82.00%. When comparing turnover to same quarter last year, Buckeye Partners sales marked an extraordinary gain and rocketed a 13.61%.
|2017-Q1||$967 M||-||$123.58 M12.8%||-|
|2017-Q2||$806 M||-16.66%||$112.72 M14.0%||-8.79%|
|2017-Q3||$923 M||14.51%||$116.19 M12.6%||3.08%|
|2017-Q4||$946 M||2.54%||$126.32 M13.4%||8.72%|
|2018-Q1||$1,183 M||25.06%||$112.37 M9.5%||-11.04%|
|2018-Q2||$941 M||-20.48%||$91.90 M9.8%||-18.22%|
|2018-Q3||$910 M||-3.33%||$-745.84 M-82.0%||-911.54%|
|2018-Q4||$1,075 M||18.17%||$482.52 M44.9%||-164.70%|
Buckeye Partners ownershipWhen you are planning to invest in a company, it's always worth to review its ownership structure.
Buckeye Partners shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, October 31st, 2019|
|Day range||$41.46 - $41.48|
|Average true range||$0.03|
|50d mov avg||$41.23|
|100d mov avg||$40.92|
|200d mov avg||$37.20|
Buckeye Partners performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Buckeye Partners against in the following table:
Buckeye Partners competitorsUnfortunately, we could not find any public company that could be defined as Buckeye Partners competitor. This doesn't mean Buckeye Partners does not have any competitor in the market, it's just we could not detected it.
Latest BPL stock news
- Seeking AlphaA Distribution Cut For Buckeye Partners Is Not InconsequentialAugust 29, 2018
- Seeking AlphaBuckeye Partners: Follow The 'Smart' MoneyJuly 27, 2018
- Seeking AlphaBuckeye Partners Contrarian OpportunityJuly 20, 2018
- Seeking AlphaBuckeye Partners: Follow Cash Flow From OperationsMay 31, 2018